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CRE's 'amazing run' hits roadblocks: PwC/ULI trends report
CRE's 'amazing run' hits roadblocks: PwC/ULI trends report
The "amazing run" for Canada's real estate industry has come to an end, a PwC executive told participants at the 44th annual Emerging Trends in Real Estate report event.
Discount retailers, grocers drive occupancy rates: RioCan
Retailers offering essential and discount goods are driving growth in RioCan REIT's (REI-UN-T) occupancy rates, said Jonathan Gitlin, the Toronto-based realty company’s chief executive on a Friday call with analysts.
Lowe’s exit from Canada signals hardware-sector shakeup
Canada’s hardware landscape appears headed for a shakeup as Lowe’s Cos. Inc. (LOW-N) exits the market, with rival groups already positioning themselves to sign on Rona dealers who decide to cut ties with the banner.
 | The Apartments Broker Central banks, interest rates and the cascading effects on real estateMikael KurkdjianPartner & Broker of Record, Baron Realty |
Push to curb inflation has CRE ramifications: AY
In the months ahead, Nick Axford, chief economist with Avison Young, expects a recession could diminish tenant demand, particularly for class-B office and assets in secondary and tertiary markets. He also foresees rising cap rates across all property types.
Supply chain woes dissipating, Tal tells ACEC forum
Benjamin Tal, chief economist at CIBC, suggested at the Association of Consulting Engineering Companies — Canada national leadership conference Nov. 1-3 in Ottawa that the world’s producers are showing signs of coming to grips with the global supply chain problem.
 | JLL CRE brokerage: in women's line of sightCRE brokerage offers a wide landscape of opportunities where women can develop an impressive track record of success and build meaningful, impactful, and dynamic careers. Sponsored by: JLL |
IKEA announces second Canadian small-format store
IKEA Canada announced plans to expand its successful small-store format with a new location at Scarborough Town Centre. The nearly 81,000-square-foot ground-floor location at the shopping centre's northeast end will become the company's second small-format store in Canada.
OPG sells Kipling facility to Kinectrics, T.O. for $200M
Ontario Power Generation Inc. (OPG) has completed the sale of its Kipling site in Etobicoke to Kinectrics and the City of Toronto for $200 million. The 800 Kipling Ave. site measures approximately 76 acres and includes approximately 750,000 square feet of buildings.
 | The Industrial Real Estate Show Actionable tips for commercial real estate brokersChad GriffithsPartner, NAI Commercial |
Achille proposes 44-storey mixed-use in Scarborugh
Achille Developments has proposed to build the tallest building in Scarborugh's Woburn, 44 storeys at 2941 Eglinton Ave. E. The proposal, designed by Kirkor Architects Planners, would include 555 residential units and 3,100 square feet of commercial space.
Small businesses defaulting on rent canaries in the coal mine
OPINION: There was a big jump in small North American businesses that couldn’t pay their rent in October. This seemingly minor development is among the most critical to watch as the economy lurches toward recession.
U.S. publicly traded REITs snapped losing streak in October
Publicly traded U.S. REITs saw the sector recover some ground in October, with total returns up 3.38 per cent for the month led by particularly strong performances among retail REITs and lodging REITs.
Data centre giants scramble for cash needed to meet demand
In the face of rising interest rates and construction costs, data centre giants Digital Realty and Equinix are rushing to bring in billions of dollars to ensure they can deliver the new capacity they have promised.
Simon CEO declares brick-and-mortar comeback
Simon Property Group CEO David Simon used the occasion of the company's third-quarter earnings call on Tuesday to tout not only the survival of malls, but their relative strength now compared to online sales.
Paul Rushforth Real Estate, Tracy Arnett Realty join forces
Two high-profile Ottawa real estate agencies are combining their operations in a bid to capture a bigger share of the city’s resale housing market. Paul Rushforth Real Estate recently announced it has acquired Tracy Arnett Realty. Terms were not disclosed.
T.O. housing price decline to slow: RBC
The drop in housing activity due to soaring interest rates may be stabilizing in Toronto in what is expected to be a quiet fall market across Canada, according to a new RBC report.
Moncton sets building permit record with months to spare
In the first nine months of 2022, Moncton issued $309.6 million worth of building permits, beating the previous year’s record with three months left to go. Residential construction made up 76 per cent of permit values.
Green belts 'effective' for curbing urban sprawl, Montreal study
Researchers at Concordia University say they have found an "almost always effective" way to curb urban sprawl, especially in big cities: the development of green belts on the outskirts of urban centres.
Industry Events
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Western Canada Apartment Investment Conference
May 07 2024
Vancouver
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Edmonton Real Estate Forum
May 08 2024
Edmonton Convention Centre
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Land & Development Conference
May 28 2024
Metro Toronto Convention Centre
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Montreal Real Estate Forum
Jun 06 2024
Montreal
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Southwestern Ont. Real Estate Forum
Jun 13 2024
RBC Place London
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