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Personal approach nets SIOR Canada honour for Toronto broker
Personal approach nets SIOR Canada honour for TO broker
Katya Shabanova, senior vice-president at Cushman & Wakefield Inc. in Toronto, has been named the SIOR Canada 2024 Office Broker of the Year. A personal touch tailored to her clients' needs has guided Shabanova to success.
Political uncertainty becoming top concern among bank CEOs
The heads of Canada’s biggest banks are finally seeing risks around mortgage renewals easing, only for worries about tariffs and political uncertainty to take their place in quick order.
Capital gains changes are in limbo, but CRA to collect tax
The prorogation of Parliament has led to confusion around the federal government's plans to boost the rate of tax some pay on the capital gains — or profits — they make from selling assets like stocks, a family business or a cottage.
67-storey tower proposed across from Eaton Centre on Yonge
A new 67-storey residential tower with retail at its base has been proposed by Angel Developments on the east side of Yonge Street across from the Eaton Centre, marking another step in the intensification of downtown Toronto.
Concord Pacific plans 5,000 homes in Van.'s False Creek
Concord Pacific says it's ready to push forward with Concord Landing — a development of the northeast shore of False Creek that the developer says will create 5,000 new homes and "a vibrant, walkable village that serves both residents and visitors."
9-tower development planned for GTA shopping centre
A late December application from Pemberton Group outlines plans to redevelop lands at the Erin Mills Town Centre in Mississauga with a large-scale mixed-use community that would see nine towers ranging in height from 20 to 44 storeys.
46-storey purpose-built rental proposed near Finch Station
The latest in what is anticipated to be a wave of purpose-built rental proposals coming to Toronto comes in the form of a 46-storey tower Trolleybus plan that would deliver 433 rental units to North York's Newtonbrook West neighbourhood.
Metro Vancouver considers waiving some development fees
Metro Vancouver is considering waiving fees that help cover the cost of connecting new developments to water and sewer infrastructure as a way to get developers to build more affordable rental housing.
TD analyst sees 20-per-cent upside for REITs in 2025
TD analyst Sam Damiani sees a potential 20-per-cent upside for the REIT sector in 2025, as investors look past current volatility to a trend toward rising property values, alongside a normalization of interest rates.
New era begins for Fairstone Bank and Home Trust
Fairstone Bank of Canada and Home Trust Company have closed their combination transaction announced on March 26, 2024. The new combined group will operate under the parent legal entity, Fairstone Bank, and will include a family of well-established brands.
Consider the concrete in DCs to counter emissions from AI
OPINION - As Canada positions itself as a leader in AI and digital innovation – with 336 data centres and market growth projected at nine per cent annually through 2030 – we have an opportunity to reduce the environmental impact of AI.
Unprecedented growth of luxury retail in Canada
Luxury retail in Canada is undergoing a dynamic transformation, marked by a surge of high-end brands establishing themselves. New luxury stores are popping up in key cities such as Toronto, Montreal, Vancouver, Calgary and Edmonton.
Comark to close cleo and Ricki’s chains amid challenges
Clothing retailer Comark Holdings has filed for creditor protection. The company announced plans to shutter its cleo and Ricki’s brands and downsize Bootlegger in an effort to find a buyer. The announcement could affect up to 200 stores.
Frank And Oak, $70M in debt, files for creditor protection
VIDEO - After being hit hard by the COVID-19 pandemic, clothing retailer Frank And Oak’s struggles have continued thanks in part to online fast fashion producers, which flood the market with duplicate offerings.
Competition Bureau, Rona reach agreement
An agreement has been reached between the Competition Bureau and Rona over concerns about the proposed acquisition of All-Fab Building Components. Rona has agreed to sell a truss manufacturing facility it owns in Martensville, Sask. to resolve the issue.
Aritzia signs long-term lease extension in Manhattan
Canadian fashion retailer Aritzia has opened a new SoHo flagship boutique at 560 Broadway, signing a lease extension and taking additional space within the building. The space in the 175,000-square-foot boutique office building was formerly occupied by Dean & DeLuca.
Brookfield seeks partner for Ascenty amid data centre boom
Global investment firm Brookfield Asset Management (BAM-T) is seeking an investment bank to advise it on the potential sale of a minority stake in Ascenty, one of Latin America’s largest data centre operators, according to sources familiar with the matter.
Japan flags foreign takeover of 7-Eleven owner as a security issue
A foreign acquisition of retailer Seven & i would be “heavily related” to national security, Japan’s economy minister Ryosei Akazawa said, in relation to security issues around a $47B buyout offer from Alimentation Couche-Tard (ATD-T).
EY in talks to relocate its Atlanta office hub
One of the world’s largest accounting firms has hit the office market in Atlanta, with eyes on a potential move from downtown to midtown Atlanta. EY is scouting the Atlanta skyline for 125,000 sq. ft. of office space, four sources with knowledge of the search told Bisnow.
What’s defining office in 2025?
As the corporate landscape continues to evolve in response to new realities, the office sector is undergoing a significant transformation that reflects the changing dynamics of the workforce and tenant expectations.
Industry Events
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ICSC Whistler
Jan 26 2025
to Jan 28 2025
Fairmont Chateau Whistler
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Canada Real Estate Auctions
Feb 01 2025
to Dec 31 2025
Canada
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Quebec Apartment Investment Conference
Feb 19 2025
Palais des congrès de Montréal
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RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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