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Spring Living goes on fall, winter acquisition spree
Spring Living goes on fall, winter acquisition spree
Spring Living Retirement Communities, one of Canada’s largest senior living operators, has acquired six class-B Ontario retirement residences in three separate transactions during Q4 2025 and so far this year.
Managing editor Don Wilcox retires from Squall news
Squall has undergone many changes in the past few years, and in May we will undergo one more. I will be retiring from Squall on May 22, leaving the managing editor's role at RENX, Sustainable Biz Canada and RENX Homes.
Deep retrofits should hit $10 per sq. ft. to hit net zero
A report by two green building organizations could provide clarity on how much a deep retrofit would need to cost for Canada's buildings to be on track to net zero by 2050.
Equiton's Bridleview targets GTA's luxury condo market
Equiton Inc. plans a luxury condo development in Toronto’s affluent Bridle Path neighbourhood, encouraged by the resilience of the high-end asset sector even as the city’s broader condo market remains in a major slump.
Supreme Court asked to hear N.B. case on Aboriginal title
The Supreme Court of Canada is being asked to consider a clash between Aboriginal title and private land in a New Brunswick case that would have significant national implications.
CPP Investments finds room to grow in warehouses
In December 2025, CPP Investments agreed to form a JV with Toronto‑based Dream to acquire Canadian last‑mile industrial assets. The partners have committed $1.1B of equity capital, giving capacity to acquire about $3B of industrial assets.
Glimmer of hope for Pierrefonds development project
A year after a group of developers revived a lawsuit against the City of Montreal alleging disguised expropriation, a city plan to study an “urban boulevard” in the West Island is raising questions whether their residential project might be permitted.
Nine-building apartment complex planned for Fredericton
A proposal for nine three-storey apartment buildings on Saint Mary’s Street is heading to Fredericton’s planning advisory committee. The project was submitted by Carle Developments Ltd. It’s the latest big multi-unit housing to be seen in the city.
Sen̓áḵw Towers set to open in Vancouver
Three shiny towers, the first of 11 planned buildings that will provide 6,000 rental units on Squamish territory at the south end of the Burrard Bridge in Vancouver, are nearing completion.
13 towers up to 44 storeys proposed in Brampton
Plans have been submitted for a large-scale transit-oriented community in Brampton’s northwest, where Cortel Group, operating as MCN Heritage, is proposing a 13-building mixed-use development rising up to 44 storeys.
450-unit towers eyed for booming London stretch
More apartment towers are proposed for west London even as plans to fix congestion in the area face uncertain timelines. Bluestone Properties is proposing two mixed use residential towers at the southeast corner of Oxford Street West and Proudfoot Lane.
Developer sues B.C. archbishop after failed land deal
A B.C. developer who said it had a contract with the Roman Catholic Church to build a seniors home next to one of its active churches is suing B.C.’s archbishop alleging the church pulled out of the deal.
Retail leasing shows strength, but tensions emerging
Leasing activity remains strong acrosss Canada's retail sector, vacancy levels are tight in many markets and rent spreads have widened across the country. But retailers and landlords alike are navigating rising costs, demographic shifts and evolving consumer expectations.
Dynamite's Lutfy rides Y2K fashion to $5.3B fortune
Andre Lutfy, 61, is the majority owner and CEO of retailer Groupe Dynamite. Since Lutfy listed Groupe Dynamite in 2024, its shares have soared 240 per cent, putting his total fortune at US$5.3B, according to Bloomberg Billionaires Index.
Galleria Supermarket to open new flagship in the GTA
Galleria Supermarket is growing its presence in the Greater Toronto Area with its most ambitious store yet, a new flagship location that it says will serve as a new "K-Hub" (Korean hub) for the area.
Winnipeg-based Activate Games accelerating growth
Winnipeg-based Activate Games recently doubled its debt financing facilities to $72 million. The expanded facilities fuel Activate’s next phase of growth, providing a clear path to 100 locations in 12 countries by 2027, the company said.
GIC, Prologis team up for $1.6B U.S. logistics venture
Singapore’s sovereign wealth fund tapped the world’s largest industrial developer for a US$1.6B joint venture — its second 10-figure logistics bet this year. GIC and Prologis are targeting U.S. build-to-suit logistics projects with a new unnamed JV.
Manhattan keeps spot at the top of U.S. office
Manhattan ended 2025 as the nation’s strongest performer across multiple key metrics, according to Yardi Matrix. Investment activity surged, with investors trading US$7.8B. Office pricing rebounded sharply from 2024 values, while vacancy fell to the lowest level nationwide.
Centerbridge, Reframe land $350M for self-storage REIT
A joint venture targeting US$500M in self-storage acquisitions has legs, thanks to a loan from JPMorgan Chase. The U.S.'s largest bank originated a $350M debt facility to the JV of Centerbridge Partners and South Carolina-based Reframe Holdings.
Trade turbulence pressures industrial rents, vacancy at ports
Trade policy uncertainty is once again influencing industrial real estate, this time through mounting pressure at U.S. ports. The February 2026 Yardi Matrix Industrial National Report highlights declining container volumes in 2025.
Industry Events
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Vancouver Real Estate Forum
Mar 31 2026
to Apr 01 2026
Vancouver Convention Centre West -
Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal -
BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre -
Edmonton Real Estate Forum
May 13 2026
Edmonton Convention Centre
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