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CIBC Square's 2 downtown Toronto office towers fully leased
CIBC Square's 2 Toronto office towers fully leased
Developers Hines and La Caisse have fully leased the 50-storey 141 Bay St. office and commercial tower, the second tower at their downtown Toronto CIBC Square development, the two firms announced on Monday.
How the Eglinton LRT will affect real estate along the line
When developer Reserve Properties started selling units at its Line 5 condos near Yonge and Eglinton, the transit line the project was named after was supposed to open in 2021. Five years later, the Eglinton Crosstown has (finally) arrived.
Settlement ratified for 53- and 56-storey towers in Toronto
A settlement has been ratified with an interim order by the Ontario Land Tribunal for 120 Bouchette St. in Toronto's Port Lands. The proposal evolved from three towers into a two-tower plan rising 53 and 56 storeys.
Altus to sell Canadian appraisals business to Newmark
Canadian commercial real estate intelligence provider Altus Group (AIF-T) is selling its Canadian appraisals business to an affiliate of U.S.-based Newmark Group (NMRK-Q) as Altus continues to pare its business down to its core offerings.
Allied closes $560M public offering and private placement
Allied Properties Real Estate Investment Trust (AP-UN-T) has closed its previously announced marketed public offering and concurrent private placement of units. Allied issued an aggregate of 56,000,000 units at a price of $10.
The Big Six aren’t taking a major hit from the condo crisis
Condo developer loans accounted for less than one per cent of at least five of the country’s main six lenders’ total portfolios in Q4, according to a new report from DBRS Morningstar.
Mattamy to offer refunds on GTA condos if value drops
A major Canadian developer is offering buyers of preconstruction homes a sweet deal in an ailing market — buy a home today and get a full refund of the price difference if the property value drops before close.
Port Moody council approves tallest towers in city history
Port Moody council has approved the tallest towers in its history. Council adopted rezoning and official community plan amendments for PCI Developments’ twin 39-storey rental-tower project, clearing the way for another redevelopment project in the Moody Centre transit hub.
Rising costs reshape Canadian retail development
Canadian retail development is entering a new phase defined by higher costs, cautious consumer spending, and more sophisticated data-driven decision making. Those themes were front and centre during conversations at the ICSC Whistler conference in late January 2026.
Calgary Co-op set to open redeveloped North Hill store
Calgary Co-op is getting ready to unveil its North Hill location. It's billed as a redevelopment of a “legacy Calgary Co-op grocery store” into a mixed-use project in the city featuring housing and local businesses, says developer-manager Royop's website.
Bargain-hungry shoppers fuel Liquidation Marie expansion
The price of groceries is rising, and so is the popularity of discount stores, whose openings are multiplying. Liquidation Marie is carving out its niche in Quebec with even lower prices and an increasing number of stores.
CT REIT portfolio continues to expand
CT REIT (CRT-UN-T) has reported its consolidated financial results for Q4 and year ended December 31, 2025, indicating it invested approximately $235M in completed projects and ongoing developments and grew the portfolio by approximately 893,000 square feet.
Sienna continues platform growth in Ontario and B.C.
Sienna Senior Living (SIA-T) announced it has entered into an agreement to acquire a retirement residence in the GTA and completed the acquisitions of partial interests in two of the company’s majority-owned properties for a total investment of $79M.
After 65 years, Fogolar Furlan selling Windsor property
After selling off a chunk of its land during the pandemic, Windsor’s Fogolar Furlan club plans to sell the remaining property and buildings at its current location and exit the banquet business, possibly moving to a new location.
B.C. building deconstruction drives circularity
The deconstruction of a former Saputo facility in Burnaby could supply the materials to help build a key part of a planned district energy system. Located on a property owned by Peterson Group, the building was a dairy processing site.
Fairfax in $1.5B consortium to take Kennedy-Wilson private
Real estate investment firm Kennedy-Wilson (KW-N) said on Tuesday it will be acquired by a consortium led by its CEO William McMorrow and Fairfax Financial (FFH-T) for about US$1.5-billion.
Blackstone could face challenge around Chicago's Willis Tower
When Blackstone bought Chicago’s Willis Tower skyscraper for US$1.3 billion in 2015, it was the highest price ever paid for a U.S. office building outside New York City. It also raised an equally towering question in CRE circles.
Ahold Delhaize breaks ground on $860M distribution centre
Grocery retailer Ahold Delhaize USA, along with its companies ADUSA Distribution and ADUSA Transportation, held a groundbreaking ceremony this week for an US$860 million distribution centre in Burlington, N.C.
IHG leans into luxury with new brand, plans expansion
InterContinental Hotels Group is launching Noted Collection, a new high-dollar brand, as it looks to grow its upscale footprint 48 per cent over the next decade. Noted Collection is slated to grow to 150 hotels within the next 10 years.
Industry Events
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MIPIM - The Global Urban Festival
Mar 09 2026
to Mar 13 2026
Palais des Festivals, Cannes, France -
Vancouver Real Estate Forum
Mar 31 2026
to Apr 01 2026
Vancouver Convention Centre West -
Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal -
BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre
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