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Vantage invests $500M to build out Quebec data centre complex
Vantage invests $500M to build out Quebec DC complex
Vantage Data Centers is investing $500 million to develop the fourth and final facility at its Quebec City campus, further expanding its presence in the province.
Starlight buys 11-building GTA apartment portfolio
Starlight Investments has acquired a large Toronto-area portfolio of 11 apartment buildings comprising 391 suites in the city of Cambridge, as it continues to grow its holdings in the rental housing sector.
QuadReal's Assembly Park in Vaughan to grow by 3 towers
QuadReal's Assembly Park is transforming Vaughan’s emerging downtown into an urban destination. The developer's Block 1E proposal would add three towers of 38 to 45 storeys to the 83-acre master-planned community.
 | CRE Data Deep Dive What would you trade for space in an apartment or condo?Sarah SegalCEO and co-founder, simplydbs |
Data centres reshaping B.C.’s commercial real estate market
Data centres, which quietly connect the digital world, are emerging as a darling of commercial real estate in B.C. and beyond. Although the data centre industry has complex needs and high barriers to entry, experts say it’s only just blooming.
Langford considers new towers near failed Gateway project
ParaMorph Architecture, on behalf of seven owners, submitted a rezoning application to Langford’s sustainable development committee this week that could see towers of 13 and 22 storeys, with 317 residential units and more than 12,000 square feet of commercial space.
Two towers with over 400 rental homes proposed for Kitsilano
In one of the largest single redevelopment proposals in Kitsilano to date, InterRent REIT and Crestpoint Real Estate Investments have partnered under the Broadway Plan to pursue a redevelopment of 2244-2280 West 6th Ave.
Plan for five high-rise towers with 1,748-units in Pickering
The City of Pickering is considering an application to develop a five-tower community with almost 1,750 homes, a park and non-residential spaces. The application by 705 Kingston Road Ltd. seeks Official Plan and Zoning By-law amendments.
Shopify furthers shift toward U.S. with new executive office
Shopify has named a new U.S. executive office in securities filings, suggesting it could be positioning its shares for a major U.S. stock index. Shopify has not , however, stated any intention to reclassify in the U.S. according to TD Securities.
Mary Brown’s Chicken aims for 500 locations in Canada
Mary Brown’s Chicken has announced significant international expansion across multiple new markets as part of its bold growth strategy. CEO Tony Samuelson said the chain also hopes to grow from 280 Canadian locations to 500.
Happy Belly to open 20 QSRs in B.C. under iQ Food banner
Happy Belly Food Group has signed an area development agreement for British Columbia for the opening of 20 new franchised restaurants under Toronto-based quick service restaurant brand iQ Food Co.
Adidas ‘home of sport’ flagship thrives in Vancouver
Three months after its soft opening, the adidas flagship store in downtown Vancouver is drawing strong foot traffic and positive consumer feedback. The 35,000-square-foot retail space is its first North American ‘Home of Sport’ concept store.
Re/Max Canada accepts ‘substantial’ $7.8M lawsuit settlement
Re/Max Canada has reached a “substantial agreement” in two class-action lawsuits challenging real estate commission structures. The company's Q4 report indicates the agreement includes a US$5.5-million settlement — or C$7.8 million.
Public servants are breaking remote work rules
Large numbers of public servants working in the federal government’s three biggest departments aren’t following Ottawa’s three-days-per-week office work rule, federal data shows. Treasury Board executives are expected to work in the office four days a week.
Corporate employers still find offices too empty
Out of sight, out of the corporate culture? At least that’s the main concern employers have about telework, according to what Michel Leblanc, president and CEO of the Chamber of Commerce of Metropolitan hears in the business community.
CRE missed the real danger during the pandemic
At times of immense upheaval, making predictions is hard. Real estate failed to spot that inflation was looming, or how this second-order COVID-19 effect would impact property values. The real impact on offices is still not fully known.
Hines, Ivanhoé secure $450M refi for Houston tower
The JV of Hines and Ivanhoé Cambridge has received US$450 million in refinancing for Texas Tower, a 1.2 million-square-foot high-rise in Houston. Wells Fargo and Morgan Stanley provided the loan package, which was brokered by Newmark.
NYC office see resurgence as investors pile into bonds
Investors are back to buying office bonds after about two years on the sidelines, committing billions to deals that refinance New York City towers even as the future for older, less well-known buildings remains unclear.
U.S. office REITs positioned for continued improvement
The office sector has been focused on attracting tenants back to the workplace to reestablish corporate culture. Newer, highly-amenitized properties in convenient and attractive locations — the types of properties REITs typically own — have fared better in achieving that goal.
How post-L.A. wildfires rebuilding efforts impact CRE
The early January fires in the Los Angeles region — the most damaging in U.S. history — caused an estimated US$250 billion in damage. Only roughly US$30 billion to US$45 billion will be covered by insurance.
Industry Events
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Western Canada Apartment Investment Conference
Apr 22 2025
Vancouver Convention Centre
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Vancouver Real Estate Forum
Apr 23 2025
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May 27 2025
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Sep 08 2025
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Halifax Convention Centre
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