LocationsRecent Articles
Investors step in to save Kitchener's 4-tower Elevate condo project
Investors step in to save Kitchener's 4-tower Elevate condos
In what has been described as an “innovative” financial deal, two mortgage companies recently partnered to buy a Kitchener, Ont. condo tower project out of receivership and restart the stalled building process.
 | CRE Matters Sharing four predictions for Montreal’s CRE market (and one lesson)Roxanne GoraDirector, Valuations and Advisory Services, Colliers Montreal |
WSP Global eyes more multibillion-dollar takeovers: CEO
Canadian engineering giant WSP Global (WSP-T) is eyeing more multibillion-dollar takeovers as chief executive officer Alexandre L’Heureux pushes on with a growth strategy that’s already made the company one of the world’s five largest design consultancies.
Forum REIIF to buy Alignvest Student Housing for $1.69B
Forum Asset Management’s Real Estate Income and Impact Fund (REIIF) has a definitive agreement to acquire Alignvest Student Housing Real Estate Investment Trust's nationwide, 17-property portfolio for $1.686 billion.
Interfor selling Quebec plants, closing Montreal office
Interfor Corp. is selling its three manufacturing facilities in Quebec and closing its corporate office in Montreal as the lumber producer plans to leave the province and focus on other parts of the company.
Ontario invests $146M in hopes of becoming life sciences hub
Ontario is making what a key minister describes as a "hard pivot" to life sciences, as it looks to replicate its aggressive investment in the electric-vehicle sector in a bid to become a world leader in biomanufacturing and health sciences.
 | CertiSync International Incorporated Are my tenants properly insured? Statistics say noWe have been managing commercial tenant insurance compliance for our clients for 10 years. We have processed proof of insurance submissions for tenants across retail, office and industrial sectors. We have compiled the results and the numbers may surprise you. Sponsored by: CertiSync International Incorporated |
Telsec rejects 'take-under' offer for Melcor REIT holdings
Telsec Property Corp., which owns 9.7 per cent of embattled Melcor REIT (MR-UN-T), is urging all minority stock holders to vote against parent company Melcor Development's attempt to buy all minority holdings at $4.95 per unit.
Killam Apartment REIT plans internal reorganization
Killam Apartment REIT (KMP-UN-T) announced today its board of trustees has unanimously approved a proposed internal reorganization that will be accomplished by way of a plan of arrangement. A special meeting will be held next month for unitholder approval.
Business leaders call for investment in downtown Edmonton
Edmonton business leaders say rejuvenating the downtown core will take about $500 million. The downtown tax base revenue used to be 10 per cent but is now only six per cent. The office vacancy rate is 24 per cent.
Can new 50,000-capacity concert venue be ready in 9 months?
Rome wasn’t built in a day, but can the new Rogers Stadium be built in nine months before its first concert? Live Nation Canada announced the construction of the 50,000-capacity, open-air facility at the former Downsview Airport last month.
Swifties expected to inject $282M into Toronto’s economy
Taylor Swift fans headed to Toronto for six concerts next month are expected to bring with them hundreds of millions of dollars in local economic activity, according to Destination Toronto, based on spending predictions on hotels, dining, shopping and more.
BoC may cut, but fixed mortgage rates are near bottom
The Bank of Canada is widely expected to cut its headline interest rate by an additional 2 or 2.5 percentage points in the coming year, but fixed rates for five-year and three-year mortgages will likely drop by much smaller amounts.
39-storey tower proposed near future Leaside Station
Elysium Investments in partnership with Terracap Management and Trolleybus Urban Development Inc., (operating together as El-Terra Glenavy LPI) are proposing a 39-storey residential tower with 398 units for Glenavy Avenue in Toronto.
Toronto city council approves changes to vacant home tax
Toronto city council has decided to proceed with its revamp of the vacant home tax. The tax, adopted in 2021, is meant to increase housing supply in Toronto by discouraging homeowners from leaving residential properties unoccupied.
Real estate podcasts
Shobi Khan, Canary Wharf Group: How Canary Wharf Is Adjusting to WFH, In the City
Karl Innanen, Colliers: Navigating Rising Interest Rates, CRE Podcast
Andrew Lauri, Brett Jeffrey, Rain City: Is the Industrial Market Coming Back? VCREP
Growing consensus that CRE valuations have bottomed out
The Federal Reserve is “resolute” in its commitment to sticking a soft landing, San Francisco Fed president Mary Daly said. For the hundreds of billions of dollars waiting to make deeply discounted commercial real estate acquisitions, that’s a problem.
$3.4B joint venture funds AI data centre development
Crusoe Energy Systems has formed a US$3.4 billion joint venture with Blue Owl Capital and Primary Digital Infrastructure to fund the development of a 988,000-square-foot, two-building data centre outside Abilene, Tex.
Blue Owl co-CEO sees asset-based finance as ‘next big boom’
Blue Owl Capital Inc. sees asset-based lending as “the next big boom” in private credit as regional banks retreat from the space, according to Doug Ostrover, the firm’s co-chief executive.
Emptying Chinese skyscrapers trigger price war among developers
China’s biggest cities are seeing a growing array of gleaming skyscrapers that are barely half-full, triggering more landlords to cut rents. A price war is spreading among offices, which are offering ever lower rents to retain tenants.
Industry Events
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Canada Real Estate Auctions
Dec 01 2024
to Dec 31 2024
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Global Property Market
Dec 03 2024
Metro Toronto Convention Centre, South Building
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Toronto Real Estate Forum
Dec 04 2024
to Dec 05 2024
Metro Toronto Convention Centre, South Building
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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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