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BGO purchases GTA's Rockwood Plaza from The Sitzer Group
BGO purchases GTA's Rockwood Plaza from The Sitzer Group
BGO has acquired the 300,000-plus-square-foot Rockwood Plaza at 4141 Dixie Rd. in Mississauga from The Sitzer Group. The centre has a stable, needs-based tenant group and longer-term potential for intensification or redevelopment.
Fundy Capital launches $100M MHC and apartment fund
After 26 years of acquiring, developing, owning and operating retail, office, industrial and multifamily residential properties in Canada, Fundy Capital Management has launched its first fund.
iPro co-founders took millions but will not be charged: RECO
Ontario’s real estate regulator has struck a deal with the co-founders of a GTA brokerage that misappropriated an unprecedented amount of money held in trust, the Real Estate Council of Ontario (RECO) confirmed to the Star on Thursday evening.
Condo prices ignite legal battle between lakefront dev. owners
The collapse of the GTA condo market is at the centre of a tense legal battle between the two owners of a Burlington development, who are both seeking control over the project.
RioCan eyeing buyout of Hudson's Bay in two Ontario malls
While Primaris REIT, Morguard and several other of Canada's largest mall owners are trying to fend off a forced takeover of their Hudson's Bay spaces, RioCan REIT (REI-UN-T) is occupied with separating itself from a joint venture with Hudson's Bay.
Landlords fighting Ruby Liu because of ulterior motives: HBC
Hudson’s Bay and one of its top lenders, Pathlight Capital, are accusing landlords of having “ulterior motives” for opposing a push to sell 25 store leases to B.C. billionaire Ruby Liu.
Peavey Mart is returning to Alberta
Iconic Canadian retailer Peavey Mart is making a return to Alberta, with some stores to relaunch later this year. The announcement comes after the company announced at the start of this year that it would close all of its stores.
Independent convenience stores call for action
As Canada prepares to mark National Convenience Week in the last week of August, the United Korean Commerce & Industry Association of Canada is calling on Canada’s health minister to meet with convenience industry representatives regarding overregulation of the industry.
B.C. sets target of 38,930 homes for 10 municipalities
Another 10 municipalities in British Columbia have now been assigned individual housing targets under the provincial government’s Housing Supply Act legislation. Collectively, these communities are required to deliver 38,930 net new homes over the next five years, through September 2030.
Vancouver tries to get a handle on its empty-building problem
OPINION: Vancouver is responding to the city’s increasing number of empty buildings with a task force that will catalogue the growing problem and try to do something about it.
The rise, fall and rise of Peter Chung’s private-school empire
There is a great deal of money to be won and lost in the private-school business, particularly in a country like Canada with more than one million international students. Consider the career arc of Peter Moon Chung.
PCL Construction celebrates 60 years in Manitoba
Similar barriers pepper the outskirts of Portage Place and the former Hudson’s Bay flagship building downtown. All tout PCL Construction’s logo. The mammoth company is marking its 60th anniversary in Manitoba. It’s finished more than 2,000 projects in the province.
Three picks from a public real estate-focused money manager
Investor Jeff Olin’s style has little to do with “location, location, location.” The co-founder of Vision Capital Corp. invests in sectors with growth potential, which today include grocery-anchored shopping centres, data centres, seniors’ housing and manufactured housing communities.
OMERS squeezes out 2.2% return in 'challenging' first half
The Ontario Municipal Employees’ Retirement System generated a 2.2 per cent investment return in the first half of 2025. The real estate portfolio, which represents 15 per cent of the portfolio, posted a return of 1.1 per cent.
Vancouver cartoonist looks at Broadway Plan's shortcomings
James Lloyd’s work has been mostly satirical, drawing one-eyed alien women and alcoholic robots. But developments in his Mount Pleasant neighbourhood have prompted the former Futurama Comics artist to illustrate some of the effects of the Broadway corridor plan.
Bondholders of NYC's Worldwide Plaza face $488 million in losses
Money managers who bought a US$705 million commercial-mortgage bond tied to Manhattan’s Worldwide Plaza building are at risk of substantial losses after the property’s appraisal was slashed amid the departure of key tenants.
Office tower by NYC’s Hudson Yards sells at over 50% discount
An 18-storey office tower near Manhattan’s Hudson Yards sold at a significant discount to its 2018 purchase price. Property investor David Werner bought 440 Ninth Ave. for roughly $100M — less than half the last price of US$269M.
Wistron picks Fort Worth for $761M project
Wistron, one of the world’s largest electronics manufacturers and a partner to Nvidia, has chosen AllianceTexas in Fort Worth to build two AI supercomputing facilities totalling 1.1 million square feet of space in a project estimated at US$761 million.
Blackstone poised to win battle for U.K. landlord Warehouse
Blackstone Inc. is set to take over Warehouse REIT Plc, ending its long battle for the U.K. landlord, after a rival bidder failed to increase its offer. Tritax BigBox REIT Plc effectively conceded defeat to the U.S. alternative investment giant.
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
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