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Dorsay joins Devron to build Toronto's luxury 1140 Yonge condos
Dorsay joins Devron on Toronto's luxury 1140 Yonge condos
Despite challenging times recently in the Toronto condominium market, Dorsay Developments is joining forces with Devron on a new luxury project in the heart of the city.
SmartStop acquires 5 Alberta self-storage facilities
SmartStop Self Storage REIT (SMA-N) has again expanded its presence in Alberta, acquiring five “institutional-quality” self-storage facilities across the province. The Ladera, Calif.-based company said the facilities are located in Edmonton, Sherwood Park, Red Deer, Canmore and Cochrane.
Canada’s only major IPO this year off to a rough start
Canada’s top stock exchange has had one IPO this year. So far, it hasn’t gone well. GO Residential REIT (GO-U-T), an owner of luxury apartments in New York City, has seen its shares drop 15 per cent.
Liu’s bid for HBC leases heads to court for a final showdown
B.C. billionaire Ruby Liu’s "once-in-300-year opportunity" to take over 25 store leases for $69 million goes before a judge in bankruptcy court on Thursday — opposed by the biggest names in development.
PCI sells 3 Van. buildings valued at over $160M to Realstar
PCI Developments has sold its Yarrow, Aster and Kaslo rental buildings in East Vancouver to RealStar in a share sale. No other transaction details are known, besides that the transaction occurred on May 16.
Landa Global to buy B.C. project under receivership for $12M
A Burnaby condo project has found a new developer just over six months after it was placed under receivership, according to B.C. court filings. The Siena the Heights project at 4451 Hastings St. was being developed by I4 Property Group.
An ambitious plan for an iconic heritage site
If built as planned, there will be three towers ranging in height from a dizzying 96 storeys to 65 storeys at Toronto's College Park and the former 1930s-era Eaton's College Street department store.
GTA new homes market 'flashing every possible warning light'
Toronto-area new home sales marked the worst July on record, “eclipsing” the 1990s housing downturn. GTA new homes sales remained “exceedingly low” at levels not seen in decades, according to a Wednesday report from BILD.
Canadian RE investors rebalance portfolios away from U.S.
Canadian investors, once the largest foreign buyers in U.S. residential and commercial markets, have retreated from American properties, turning back to Canada. Canadian investment in U.S. CRE dropped 28 per cent in the second half of 2024.
Cineplex resists push to buy back shares, sell assets
An activist investor wants Cineplex Inc. (CGX-T) to aggressively buy back shares and sell assets, suggesting those moves could triple the chain’s value by the end of 2026, but company executives are so far opting for a more conservative approach.
Bobby Flay brings burger chain to Canada, plans 65 locations
Celebrity chef Bobby Flay is making his first foray into Canada, kicking off his fast-casual chain, Bobby’s Burgers, in Toronto. Flay will spread 65 locations across the country in a multi-year development agreement with Falcon Capital Group (FCG).
Cheelcare signs five-year lease for new manufacturing facility
Cheelcare Inc., a manufacturer of assistive mobility devices, has entered into a five-year lease agreement with an option for another five years, for a 16,000 square foot freestanding industrial facility located in Markham, Ont.
Manulife celebrates 100 years of South Tower headquarters
Manulife is celebrating the 100th anniversary of its South Tower headquarters in Toronto, marking a century in which the building has stood as both an architectural landmark and a symbol of stability in Canada's insurance industry.
More focus on housing affordability: BoC's Macklem
Bank of Canada governor Tiff Macklem says policymakers will focus more on housing affordability as they prepare to renew the central bank’s monetary policy framework next year. The central bank goes through a mandate renewal process every five years.
Realtors question RECO’s handling of iPro collapse
Ontario realtors are demanding answers for the handling of the collapse of iPro Realty Ltd. even as the Real Estate Council of Ontario (RECO) takes dramatic steps to respond to the widening scandal.
Brookfield tower could enter foreclosure over $133M loan
After defaulting on $132.7 million in debt associated with an office building in Brooklyn, Brookfield Properties is facing foreclosure on the asset, a 675,000-square-foot tower at 115 Myrtle Ave.
Hyundai to invest $26B in U.S. manufacturing
Hyundai Motor Group will invest US$26 billion across the U.S. between 2025 and 2028, revising a US$21B commitment announced last March. As part of this manufacturing investment, Hyundai will build a new steel mill in Louisiana.
Activist Elliott is said to take large stake in Rexford REIT
Elliott Investment Management has built an active stake in Los Angeles-based real estate investment trust Rexford Industrial Realty Inc., according to people familiar with the matter. It makes the hedge fund one of the top five investors in Rexford.
How data centres power profits at CRE’s biggest brokerages
Ravenous demand for computing power has made data centres an increasingly important part of the commercial real estate market, with billions in investments planned from coast to coast. CRE brokerages are increasingly turning to data centres to drive business.
Industry Events
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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RealREIT
Sep 10 2025
Metro Toronto Convention Centre
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Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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Montréal du Futur
Sep 24 2025
to Sep 29 2025
World Trade Centre of Montreal
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