Recent Articles
PCI prioritizes apartment development in Vancouver amid condo slump
PCI prioritizes apartments in Vancouver amid condo slump
PCI Developments' aggressive pipeline of purpose-built rental developments in the City of Vancouver reveals a deepening commitment to rental construction in the region as the condo market continues to languish.
Strategic Group buys Calgary office tower for $17M
Calgary-based real estate company Strategic Group has purchased the former Chevron Plaza, a 25-storey office tower in downtown Calgary, with plans to convert it into 332 residential units.
CPP loans $225M for expansion of Ontario AI data centre
Canada Pension Plan Investments is providing $225-million toward a construction loan to expand a data centre in Cambridge, Ont., where Canadian artificial-intelligence company Cohere Inc. is a customer.
La Caisse buys $1.2B stake in Telus cell tower network
Telus Corp. (T-T) has entered a definitive agreement with the Caisse de dépôt et placement du Québec to sell a minority stake in its nationwide cellphone tower network for $1.26 billion, after a months-long search for buyers.
Colliers reaps rewards of M&A, plans more deals
Mergers and acquisitions helped propel Colliers (CIGI-T) to a strong Q2, and the Toronto-based brokerage intends to execute more of these deals as the year goes on. Colliers has been busy buying up smaller firms, particularly in the engineering sector
InterRent board urges unitholders to support $4B acquisition
InterRent REIT has mailed the management information circular for the special meeting of its unitholders to approve the previously announced sale of the REIT to Carriage Hill Properties Acquisition Corp. in an all-cash transaction valued at approximately $4B.
Rezoning Vancouver industrial lands could hurt economy
OPINION: Vancouver’s industrial lands are again the target for rezoning, after city council passed a motion last week for staff to explore redevelopment options for five key sites, including the large pocket in Mount Pleasant.
Could Surrey replace Vancouver as 'downtown' Metro Van.
As the region’s population centre shifts east, Vancouver’s employment growth lags behind Surrey, which is now the second-largest employment hub in the region, according to a new Metro Vancouver report that looks at regional employment.
Alberta may offer $30K incentive per new student housing unit
A proposed city incentive program could make housing more accessible and affordable for students in Edmonton, advocates say. The proposed downtown student housing incentive program hopes to encourage more developments in certain areas of Edmonton's core.
Canada's hotel construction sees steady growth
The Q2 2025 Canada Hotel Construction Pipeline Trend Report from Lodging Econometrics shows Canada's hotel construction pipeline included 333 projects and 44,764 rooms, marking a three-per-cent increase in projects and an 11-per-cent increase in rooms year-over-year.
Tower with condos and hotel proposed next to Robson Square
A striking tower featuring a sizeable hotel has been proposed immediately west of Robson Square in downtown Vancouver. Reliance Properties is seeking to redevelop 807-815 Hornby St. into a 35-storey tower with strata condominiums, a hotel and commercial space.
HBC lease sales to YM approved; more friction for Liu
Toronto-based clothing retailer YM Inc. received approval from an Ontario court yesterday to take over five of Hudson’s Bay’s leases, as billionaire Ruby Liu’s bid to take on 25 of the Bay’s other leases continues to face landlord opposition.
4,000+ units approved in Central and West Toronto
Twelve development applications cleared city council in July for Etobicoke, Midtown and Downtown Toronto, paving the way for over 4,000 housing units. The approved projects range in height from a 12-storey infill to a 63-storey tower.
London Kellogg factory to add residential and offices
The next phases for the reconverted former Kellogg factory in London, Ont. are about to take place, and this will “complete the puzzle” of reviving a once dormant neighbourhood east of the city’s core, according to a local observer.
Mega-resort proposal in Muskoka sparks existential crisis
Kirill Soloviev says his plan for a sprawling four-season getaway would boost the economy and give common folk access to the exclusive summer playground. Many long-time cottagers fear the region's soul is at stake.
$33B data centre park eyed in Arizona
Vermaland LLC, an Arizona land developer, has proposed building a US$33 billion data centre park on 3,300 acres between Phoenix and Tucson. When complete, it would become the largest such development in the U.S.
Commercial real estate's Big Apple rebound
VIDEO: Jay Neveloff, partner and chair of real rstate at Herbert Smith Freehills Kramer, examines the state of the commercial real estate market in New York and beyond, and the impact of monetary policy on the sector.
Cousins buys Dallas office asset for $218M
Cousins Properties has paid US$218 million for The Link, a 292,000-square-foot lifestyle office building in Dallas, to Kaizen Development Partners. Newmark brokered the transaction, the largest of its kind in the market this year so far.
NY real estate scion builds casino-free zone for Vegas revellers
About two miles from the glittery main drag in Las Vegas, a new kind of entertainment destination – one without casinos — is expanding. Area15, a mall of sorts for all kinds of unusual attractions, kicks off a second phase this month.
Industry Events
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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RealREIT
Sep 10 2025
Metro Toronto Convention Centre
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Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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Montréal du Futur
Sep 24 2025
to Sep 29 2025
World Trade Centre of Montreal