Real Estate News Exchange (RENX)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

Canadian Net REIT's focus on single-tenant retail nets 98 properties

1 week ago

Canadian Net's single-tenant retail focus nets 98 properties

Canadian Net REIT has found a sweet spot by venturing where few private and institutional investors seek to go, says president and CEO Kevin Henley. The Montreal-based REIT focuses on acquiring single-tenant net leased retail properties in secondary and tertiary markets.

Broccolini begins construction on Nokia's Ottawa campus

Construction is officially underway on Nokia's new Ottawa innovation campus, a 750,000-sq.-ft. R&D facility in the Kanata North Tech Park. It is being constructed by Broccolini and was designed by Gensler.

Village plan? Tallest towers? Van. council's summer sprint

Vancouver city councillors will have a jam-packed schedule in the weeks ahead where they will vote on a number of high-profile proposals — or decide to delay the vote until after a new council is sworn in.

Hamilton council voting today on data centres freeze

Hamilton is expected to vote today on whether to become the first city in Canada to put a temporary pause on new data centres. Backers say it will ensure the city establishs guardrails around the new facilities and guarantees benefits.

Plan for Sherbrooke data centre advances

Keel Infrastructure has secured City of Sherbrooke approval to purchase land and negotiate the transfer of 96 MW of existing power capacity for a planned Québec data centre. The project requires approval from Quebec's Ministry of Economy, Innovation and Energy.

The Spoke reimagines rental living in Toronto's Junction Triangle

Now leasing, The Spoke brings 398 purpose-built rental homes to Toronto's Junction Triangle. Developed by Tricon Living, the community pairs design by Canada's leading architects and designers with family-friendly suites, flexible workspaces, and 26,000 square feet of resort-inspired amenities.

Sponsored by: Tricon Living

London delays major Carfax office development

Revitalizing downtown and preventing hundreds of jobs from potentially leaving London were among the themes of a passionate political debate over a proposal to rezone Westmount mall to allow more office space.

London proposal adds more than 1,000 apartments

A proposal to build two apartment towers with more than 1,000 units along London's Wellington Gateway is drawing both praise for adding much-needed housing and criticism over its design and lack of parking.

Three rental towers proposed in East York

Park Property Management has proposed replacing two six-storey rental buildings in Toronto's Thorncliffe Park neighbourhood with three rental towers ranging from 39 to 49 storeys. The redevelopment would fully replace all existing rental units on the site.

Kitchener development combines fire station and housing

A new fire station is coming to downtown Kitchener that will combine a 19-storey apartment building with over 200 housing units. "This project represents a major step forward in building a complete community in Kitchener," said Mayor Berry Vrbanovic.

Spring housing surge pushed to summer: Royal LePage

The spring Canadian housing market ended with the aggregate price falling slightly from last year, Royal LePage said, a possible sign the slow start to the year is being shaken off... just a little later than expected.

Contractor to create 320 acres of land for new superport

Vancouver Fraser Port Authority has selected a contractor to build the Roberts Bank Terminal 2 project. The project will create a massive new additional container terminal in Tsawwassen through a significant extension of the existing port causeway.

Toronto falls from fastest-growing metro to 412th

Toronto fell from the fastest-growing metropolitan area in Canada and the U.S. in 2024 to 412th out of 435 metros in 2025. While the slowdown partly reflected lower immigration, losses to other parts of Canada also weighed in heavily.

Bank of Canada holds key interest rate at 2.25%

The Bank of Canada held its key interest rate at 2.25 per cent on Wednesday, predicting the economy would rebound after some rockiness earlier in the year. A hold was widely expected by economists in the lead-up to the decision.

New York halts $10B data centre pipeline with moratorium

Gov. Kathy Hochul signed an executive order Tuesday to impose a yearlong ban on data centre construction, making New York the first state to do so. The moratorium deals a blow to New York’s $10B data centre pipeline.

Industry Events