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The Top-10 CRE transactions of 2025 in Greater Montreal
The Top-10 CRE transactions of 2025 in Greater Montreal
Primaris REIT’s $565 million acquisition of the Promenades St-Bruno mall from Cadillac Fairview was the top CRE transaction by dollar value in the Montreal area in 2025. Eight of the year's Top-10 deals were for multifamily assets.
 | CRE Data Deep Dive Why renters are more comfortable with AI in building operations than we expected: Part ISarah SegalCEO and co-founder, simplydbs |
Trigone to buy Accurso estate, plans 6-tower project
Tony Accurso is about to sell his vast Deux-Montagnes estate to the developers of Habitations Trigone. They want to build six, 16-storey towers in the area, including four on the land of the disgraced former construction magnate.
Sixplex development in Toronto has its challenges
Despite initial excitement about relaxed regulations for developing sixplexes to alleviate Toronto’s housing issues, major economic and design hurdles are hampering delivery, industry experts explained during an Urban Land Institute presentation.
Bank of Canada holds benchmark interest rate at 2.25%
The Bank of Canada kept its benchmark interest rate steady today and offered little guidance about where monetary policy will go next as U.S. protectionism continues to reshape the Canadian economy.
Recovery for office REITs on horizon: Scotiabank analyst
Scotiabank analyst Mario Saric sees a recovery for office REITs on the horizon for patient investors. "We’ve seen a (much-anticipated) pick-up in disclosed office market transaction news," he writes.
 | Peakhill Opportunity REIT Peakhill Capital launches REIT to drive long-term impact in multifamily investingPeakhill Capital is pleased to announce the launch of Peakhill Opportunity REIT, a new real estate investment trust focused on acquiring and managing income-generating apartment assets across the Greater Toronto Area and surrounding regions. Sponsored by: Peakhill Opportunity REIT |
Economist sees subdued 2026 in the housing market
The slide in Toronto-area home sales and prices will likely come to a halt later this year as economic uncertainty diminishes and buyers become more resolute, predicts Rishi Sondhi, economist at Toronto-Dominion Bank.
Metro Vancouver vacancies hit 30-year high
Metro Vancouver’s rental market has softened sharply, with vacancy climbing to its highest level in more than three decades – and Coquitlam is emerging as one of the clearest examples of increased local supply.
$49M multires project on Laurier Boulevard in Quebec
A high-end, 12-storey, 116-unit multiresidential building constructed by Logisco, and realized through a partnership with Groupe Martin, will replace the St-Hubert rotisserie on Laurier Boulevard in Quebec City.
The Kenten offers luxury living in vibrant part of Calgary
Sam and Loranne Boguslavsky purchased Kensington Gate, a mixed-use property that dominates the entrance to the Kensington community in Calgary 25 years ago. It's now being redeveloped as a luxury, condominium property.
Portage Place project aims for 2028 completion
An excavator crunched through concrete and metal that once supported the old atrium at Portage Place on Tuesday, as deconstruction continued on a $650-million redevelopment project transforming the downtown Winnipeg mall into a health-care centre and housing.
Metro will continue to grow its discount banner: CEO
The CEO of Metro says 2025 was a particularly challenging environment. The grocer has responded by growing its discount footprint in Quebec and Ontario, opening 24 discount stores over the past three years and planning for another dozen this year.
Walmart Canada to open 60th Alberta location
Walmart Canada plans to open a new store in Alberta in 2027, marking the 60th location for the retailer. The new store will be located in the Desrochers Village neighbourhood of Edmonton and span approximately 140,000 square feet.
Two huge bowling alleys are set to open in Edmonton
Edmonton just bowled a strike, with national entertainment brand Splitsville Bowl opening two huge 10-pin bowling alleys on both the north and south sides. The company says its first Edmonton centre will open in the northwest in spring 2026.
New 200,000-sq.-ft. factory coming to London: Mayor
London Mayor Josh Morgan announced a factory that the city has landed in his annual State of the City speech. Mayor Josh Morgan, said Brampton-based Empack Spraytech Inc., has bought 15 acres of land in Innovation Park on Jetstream Road.
Apollo Commercial REIT sells $9B book to insurance arm
A property lender managed by Apollo Global Management Inc. agreed to sell its portfolio to the buyout firm’s insurance arm after the publicly listed real estate investment trust consistently traded below its book value.
Vornado JV lands $250M for Manhattan building
The joint venture of Vornado Realty Trust and Korea Post has obtained a US$250 million note for the refinancing of 7 West 34th Street, a fully occupied Class-A office building in Manhattan’s Murray Hill neighbourhood.
Office-to-industrial conversions becoming popular in DFW
Conversions remain a popular possibility for Dallas-Fort Worth's obsolete office supply. But instead of a change to multifamily, like in other parts of the country, it’s a switch to a different sector that has the most momentum in North Texas.
Dubai to expand financial hub with $27B in new projects
Dubai is planning projects worth more than 100 billion dirhams (US$27 billion) to expand the Gulf financial hub as an influx of foreign firms pushes occupancy to limits and leaves global firms struggling to find space.
Industry Events
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Québec Apartment Investment Conference
Feb 04 2026
Palais des congrès de Montréal -
BUILDEX Vancouver
Feb 11 2026
to Feb 12 2026
Vancouver Convention Centre West -
Real Capital
Feb 24 2026
Metro Toronto Convention Centre North -
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
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