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Groupe HD employs new strategy for Montreal apartment development

9 hours ago

Groupe HD's new strategy at Montreal apartment project

When Montreal developer Groupe HD builds a residential project, it usually seeks proximity to public transit. But for its latest project, in partnership with Société Financière Bourgie, the developer has taken a different approach.

B.C. developer fights in court to keep tower dev. site

Tobi Reyes and his companies are opposing a lender's attempt to foreclose on the property at 1940 Main St. The lender says Reyes and his companies owe more than $45M and the loan has been in default since 2021.

Historic theatre for sale after ONE Properties bankruptcy

The historic Paramount Theatre in downtown Edmonton has officially been put on the market as part of insolvency proceedings pertaining to Edmonton-based developer ONE Properties, Western Investor has learned.

Toys "R" Us Canada files for creditor protection

Toys “R” Us Canada says it has filed for creditor protection as it seeks to restructure its struggling business. The toy retailer said it is evaluating “strategic alternatives” and its 22 stores will remain open for now.

Fourth hotel proposed for future Oak-VGH SkyTrain area

Another new hotel is planned within the immediate area of SkyTrain’s future Oak-VGH SkyTrain station. According to the application, the 16-storey building will see 100 per cent hotel uses, and contain 183 guest rooms.

Gravity Haus expands to Canada in Revelstoke

Gravity Haus, the outdoor-lifestyle hospitality brand and management company, has expanded to its first international location in Revelstoke, B.C. with the management and rebranding of The VRGE hotel. Gravity Haus Revelstoke will be the 10th property in the brand’s portfolio.

GTA industrial market holds firm, absorptions rise

Industrial real estate in the Greater Toronto Area ended 2025 in better shape than many investors expected, with space still filling up even as new supply hit the market and trade tensions weighed on sentiment.

New factories for London as GTA firms expand

London recently landed a new aerosol spray manufacturer, while an existing window and door business is expanding. Toronto-based Skyreach, a window and door manufacturer, is opening a $20-million, 100,000-square-foot plant on Innovation Drive in the coming weeks.

Fab-Form buys dev. site to test new building products

Fab-Form Industries Ltd., a Delta, B.C.-based designer and manufacturer of concrete forming products, plans to test technologies to enable homes to be built faster, cheaper and more sustainably at a site in nearby White Rock.

Plans for Oshawa Centre Sears site include demolition

Primaris REIT (PMZ-UN-T) is “close to formally announcing” its plans for the former Sears site in the Oshawa Centre, “which will involve demolition of the building,” president and CEO Patrick Sullivan told Oshawa This Week.

Five 60-storey towers proposed near Ajax GO station

Five towers at 60 storeys each are being proposed at 275 Westney Rd. S. in Ajax. Among the tallest and densest development applications put forward in the region, the proposal by The Westney Developments is for a mixed-use, residential project.

A tale of two towers... and energy efficiency

Twins have long fascinated medical researchers. Now, two community housing towers in North York have drawn the interest of a building scientist who sees a perfect opportunity to test for real-world results of building upgrades.

RECO suspends accounts of Save Max brokerages

The Real Estate Council of Ontario (RECO) is immediately suspending and freezing the accounts of four Save Max-associated brokerages after finding $2.7 million unlawfully disbursed from trust accounts, the regulator said in a release Tuesday.

Can RECO be fixed — or should it be scrapped?

With the clock ticking, the new boss of Ontario’s real estate regulator is keeping all options open as he tries to reform the disgraced organization. Jean Lépine, an Ottawa-based crisis expert, has a mandate to scrub RECO from top to bottom.

Brookfield near deal to sell London’s CityPoint office tower

Brookfield Corp. is in exclusive negotiations to sell London’s CityPoint office tower for roughly the value of the outstanding debt secured against it. Private equity firm Castleforge is in talks to acquire the 36-storey building for about US$623M.

Developer of $1B Aston Martin tower sued by condo owners

The people who bought apartments at the world's first Aston Martin-branded residential building, located on the downtown Miami waterfront, were promised a luxury experience that would live up to the British sports carmaker's 113-year-old reputation. 

German pension fund seeks to exit Shvo projects

Germany's largest pension fund may be reversing course on its decision to back developer Michael Shvo. Bayerische Versorgungskammer invested nearly US$1.9B in seven projects through a partnership with Deutsche Finance America and Michael Shvo.

CapRock wraps up 3.4M-square-foot Phoenix campus

CapRock Partners has completed the second and final phase of CapRock West 202 Logistics in Phoenix. The 3.4-million-square-foot property is the largest speculative industrial campus in the Valley.

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