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Over 15 months, Enright compiles million-sq.-ft. Calgary office portfolio

2 weeks ago

Enright buys 1M-sq.-ft. Calgary office portfolio over 15 months

Calgary-based real estate company Enright Capital Ltd. has purchased a 271,000-square-foot, 25-storey class-B office building in downtown Calgary - its fifth office purchase in the city during the past 15 months.

Investors, economists and strategists react to Trump’s win

U.S. stock futures are surging to record highs and longer-term bond yields are jumping to multi-month peaks after Republican Donald Trump was re-elected president. Here’s how market strategists and portfolio managers from Canada and across the world are reacting:

Hines refocuses on Vancouver office project

Vancouver is the next stop for global real estate firm Hines following the completion of its master-planned Park Central community in Calgary’s Beltline. Together with Reliance Properties, Hines is preparing to begin construction on a 32-storey office project.

TransAlta eyes data centre potential, prepares Alberta sites

COLUMN - Power generators are eyeing the potential for data centres to set up shop in Alberta, with TransAlta Corp. saying Tuesday it’s talking with major proponents looking for places to host these facilities.

Calgary takes top spot for investors in PwC report

Calgary is Canada's top market to watch when it comes to real estate in 2025, according to PricewaterhouseCoopers, with strong domestic and international interest. Calgary is experiencing strong population growth that’s driving demand for housing and services.

20 Ontario Place options revealed via 2019 bidders list

For the last five years, the Ford government has kept the companies and other organizations that made bids to redevelop Ontario Place under wraps. The Trillium recently received the list though the freedom-of-information system and is releasing it in full.

New report reveals Canada’s trending cities

Apartment search website RentCafe has published the Canadian Renter Interest Report, highlighting the top trending cities in Canada which captured the most interest from renters in Q3 2024. Winnipeg topped the list, followed by Saskatoon.

Cadillac Fairview sees strong retail leasing activity in Calgary

Retail leasing activity at Cadillac Fairview’s two Calgary jewel properties – CF Chinook Centre and CF Market Mall – has been busy. And there’s plenty of speculation about what will happen with The Bay and Saks Fifth Avenue in the future.

Square One adding new retailers, dining and family spaces

Square One Shopping Centre, Ontario’s largest retail hub, is introducing an array of new brands, lifestyle retailers and unique amenities, to create an enhanced shopping experience just in time for the holidays.

Toronto’s live music venues craving more foot traffic

Though diverse and historic, Toronto’s live music scene was not immune to the horrors of COVID-induced chaos; 13 per cent of the city’s venues shuttered during the pandemic’s peak, according to a 2023 study.

Altrio launches unified deal execution platform for CRE

Altrio, provider of the Origin real estate deal management software platform, has announced the launch of a new version designed for investment sales and mortgage brokers. Origin combines pipeline tracking, CRM, market data management and dgital deal marketing capabilities.

13-storey mixed-use building proposed for Etobicoke

Starbank Development Group is proposing a 13-storey mixed-use building at 1230 The Queensway. Located just east of Kipling Avenue, the area is seeing a transformation from low-rise commercial and residential to mid- and high-rise buildings.

Baker launches dedicated purpose-built rental division

Toronto-based Baker Real Estate is launching a dedicated purpose-built rental division. It will offer developers, many of whom are increasingly focused on purpose-built rentals, an opportunity to achieve stabilized buildings with full occupancy faster.

Real estate podcasts

Cameron Archer, Orion Construction: Navigating BC's Industrial Boom, VCREP
Gordon Wadley, Dream Office REIT: The Future of Office Real Estate, CRE Podcast
Steven Haylestrom, Modular Solution: Modular Construction: A Game-Changer for Housing and CRE, CRE Podcast

CRE readies for realignment as Trump surges back to White House

Many in the CRE community said Trump’s economic and climate policies will benefit the property market, which is in the early stages of a rebound. But there is concern around other proposals, including a 20 per cent tariff on imports. 

A new boss is taking over at Blackstone’s $37B Tac Opps arm

A changing of the guard is underway at Blackstone (BX-N). Billionaire dealmaker David Blitzer, 55, is scaling back his role to become chairman. He’ll cede day-to-day management of the $37B “Tactical Opportunities” unit to his top lieutenant, Chris James. 

Bain, Apollo and Brookfield said to eye Blackstone’s worker-housing firm

Blackstone's worker housing firm Avery Lodge has drawn interest from Bain Capital, Apollo Global Management and Brookfield Asset Management. The portfolio, a set of four purpose-built worker compounds with about 1,700 units, could be valued at roughly US$568M.

Lineage faces first earnings hurdle after year’s biggest U.S. IPO

Lineage Inc.’s first quarterly report after raising $5.1 billion in the year’s biggest U.S. initial public offering will be a crucial test, as the temperature-controlled storage firm faces potentially weak demand for food supplies.

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