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Allied Properties CEO sees 'improving fundamentals' in urban CRE
Allied Properties CEO sees 'improving fundamentals' in CRE
Allied Properties REIT (AP-UN-T) president and CEO Cecilia Williams is encouraged by the trust’s Q2 performance, as leasing activity increases, major occupiers bring more workers back to the office, net rents stabilize and non-core property sales accelerate.
Fast-growing Leyad opens Edmonton office
Private Montreal-based real estate investor and manager Leyad is opening a new office in Edmonton to service its growing retail portfolio in the region, where it intends to continue expanding its operations.
OpenForm buys foreclosed Vancouver project for $38.5M
Nearly two years after the project entered foreclosure proceedings, the Davie & Nicola project in the West End of Vancouver has been sold to developer OpenForm Properties, according to filings in the Supreme Court of British Columbia.
Homebuilder group offers action list to boost housing
An extended tax rebate and a carve-out in the foreign buyer ban for new homes are among the recommendations a coalition of urban developers suggests for the federal government to address Canada’s housing “crisis."
Massive new Winners location to open in a Toronto mall
Just in time for back-to-school shopping, Winners is set to open a brand new location in Toronto. Ready to welcome discount-hunters at the Scarborough Town Centre later this month, the store clocks in at nearly 40,000 square feet.
Grocery store, 140 homes part of 'fabulous' Windsor infill
The owner of Windsor’s largest multicultural grocery store is transforming a long-vacant piece of east-end real estate into a commercial plaza with residential towers. The Lauzon Plaza project will be completed in three phases.
AI data centre company shortlists Waterloo as expansion site
Quebec data centre company QScale says it has shortlisted Waterloo region for a future site as they expand into Ontario. QScale CEO Martin Bouchard said they're looking at Wilmot Township as a possible location.
Hamilton council backs 20 per cent cut to developer fees
Hamilton will temporarily cut development charges by 20 per cent in response to pleas for relief from the cratering residential construction sector. But whether the two-year discount will lead to lower housing prices or spur development remains a question.
Chic condo project in Vancouver mired in receivership
It was billed by its developer as a luxury condo building whose design would evoke “the smart chic of Parisienne character.” Now, its developer Lightstone Development is in the midst of court receivership proceedings.
First Chipperfield design in Toronto proposed in Rosedale
A residential tower designed by acclaimed British architect Sir David Chipperfield has been proposed for Toronto’s Rosedale neighbourhood by Helberg Properties. The application seeks to redevelop an assembly of 38 through 50 Park Rd.
Brookfield proposes 37-storey rental infill in Toronto
Brookfield Residential is seeking zoning approval to add a second, 37-storey rental tower to a site in Toronto’s Davisville Village which is already home to a 29-storey apartment building.
Calgary sees demand rise for lock-and-leave luxury real estate
Calgary’s luxury resale real estate market may be returning to a balance after years of strong demand, but one segment of the high-end market still running hot is a new type of home that offer downsizers a lock-and-leave lifestyle.
Property value assessment appeals up 188% in Regina
Property value assessment appeals in Regina have increased by 188 per cent since the last revaluation four years ago. This spring, the board of revision received 1,088 appeals – 62 per cent were filed by commercial or industrial property owners.
The new face of real estate fraud — AI scams
OPINION: The phone rings with a familiar voice, urging a change to wire transfer details. An email arrives, perfectly phrased, seemingly from your realtor or lawyer. A Zoom call shows the face of a trusted agent but something is wrong.
REITs are making money, but investors want bigger gains
As second-quarter earnings continue to roll in, U.S. REITs are consistently beating forecasts and increasing guidance. But for many of the firms, their stock price doesn’t reflect those changes.
$1B mixed-use project to break ground near Phoenix
The Ranch, a US$1-billion, 295-acre, mixed-use development in Gilbert, Ariz., is set to break ground in the fourth quarter after receiving final entitlement approval this week from the city’s planning commission.
$1B manufacturing plant planned in Tennessee
Highland Materials plans to pour more than US$1 billion into the development of an advanced manufacturing facility in Hawkins County, Tenn. Highland will lease a portion of a 140-acre site, recently purchased by Pivotal Manufacturing Partners.
Harbor Group reaches $740M deal for New England portfolio
Apartment Investment and Management Co., a publicly traded U.S. REIT, has struck a deal to sell a large portfolio of apartments in New England. Harbor Group International is under contract to buy five multifamily properties for US$740M.
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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