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Cologix acquires 100% stake in two Toronto data centres
Cologix acquires 100% stake in two Toronto data centres
Data centre owner and operator Cologix has bought CIM Group’s interest in the TOR4 facility and will also acquire the adjacent TOR5 property, expanding its Greater Toronto Area holdings by 14 megawatts and 90,000 square feet of space.
An optimistic outlook, but 'We are building nothing': Tal
CIBC Capital Markets' Benjamin Tal will be pleased the Bank of Canada reduced its overnight interest rate to 2.5 per cent, but he told an audience at the Canadian Apartment Investment Conference a few days earlier deeper cuts are needed.
Nicola warns investors of potential delays in redemptions
Nicola Wealth Management Ltd., a $17.2-billion money manager, is reducing monthly distributions on its two main real estate funds and warning clients it might delay redemptions because too many investors are trying to withdraw their money.
Supreme Court nixes Ottawa’s fight over golf course ruling
The Supreme Court won't hear the City of Ottawa's appeal in a case over a proposed development on the Kanata Golf and Country Club. The decision will allow ClubLink to proceed with a plan to build 1,480 housing units.
Construction wraps up at Yorkdale's Sloane rental towers
Across from Toronto's Yorkdale Shopping Centre and its subway station, occupancy has begun for Fitzrovia Real Estate and AIMCo's three-tower Sloane development. The 24-, 28-, and 30-storey purpose-built rental towers are near the Dufferin Street and Highway 401 interchange.
Dream breaks ground on Regina's long-delayed Coopertown
Construction has officially started on Coopertown, Regina's long-awaited new neighbourhood. The community will cover 1,800 acres, with Dream developing 1,200 acres during the next three decades. At completion, it is projected to be home to about 36,000 people.
Does Vernon, B.C. need the 580 Commonage development?
Vernon’s city council is considering an Official Community Plan amendment approving Kerkhoff's 580 Commonage development, consisting of 3,960 housing units on 421 hectares, many kilometres from the city centre on a hillside south of Vernon.
Developer plans apartments for vacant properties in Kelowna
West Kelowna’s advisory planning commission is being asked to review the merits of a proposed apartment development. The proposal being brought forward by Lower Mainland-based Kerr Properties seeks to rezone 2422 and 2446 Reece Rd.
Toronto's next steps to boost housing density near transit
The City of Toronto has outlined next steps for zoning policies by transit nodes, following provincial approval of special zones around rapid transit stops that includes 25 Major Transit Station Areas (MTSAs) and 95 Protected Major Transit Station Areas (PMTSAs).
Thousands of Ont. public servants seek RTO exemptions
Thousands of public servants have requested exemptions to the Ontario government’s upcoming order to return to the office full-time. The president of AMAPCEO - which has 17,000 union members – said there are 4,500 requests for remote or hybrid work arrangements.
RTO full-time may require lifestyle change, budget revamp
The trains are overcrowded again. There’s traffic gridlock every weekday morning. There are longer lines at downtown locations. The pre-pandemic norm of working five days in the office is back for many Canadians - but costs have risen significantly.
Office space dropped from Bay Street rental tower proposal
Dormant since 2021, revised plans have been submitted to the City of Toronto for 1075 Bay St., where Canderel Residential proposes a 62-storey mixed-use tower. The design pivots away from office space due to the downturn in demand.
Cassels doubles footprint in Calgary with new office space
Cassels Brock & Blackwell LLP has announced the expansion of its Calgary office in Bankers Hall West, which seeks to support the firm’s efforts to grow in the region, meet client demand, and affirm its commitment to the province’s business community.
Simons expanding as other major retailers close doors
Quebec-based Simons’ sales are up as it carefully expands with new Toronto locations in a Canadian retail landscape that has seen chains like Hudson’s Bay, Nordstrom and Sears shut down stores.
Edo Japan re-enters Quebec with major expansion plans
Later this year, Edo Japan will open a redeveloped flagship restaurant at te Montreal Eaton Centre, setting the stage for a significant push into Quebec. The Calgary-based QSR plans a network that could exceed 150 locations across Quebec.
Giant portrait of Hamilton real estate agent raises eyebrows
A gigantic and familiar smile now greets all who pass by downtown Hamilton's vacant City Centre. Local real estate agent Rob Golfi is on full display in a 30-metre-wide portrait adorning the mall's outside wall along York Boulevard.
Blackstone names BREIT CEO to replace exec killed in shooting
Blackstone has named another female executive to lead its premiere real estate investment fund. Katie Keenan was appointed CEO and director of Blackstone Real Estate Income Trust and global head of its core-plus real estate business.
UPS offloads offices, warehouses to Fortress for $368M
United Parcel Service sealed a package deal to sell more than 1 million square feet of office and industrial properties across the country for US$368M. The shipping giant agreed to sell four buildings to Fortress Investment Group.
InterContinental Times Square said to near sale for $230 Million
Two prolific hotel investors are partnering to acquire the InterContinental New York Times Square, as a frozen dealmaking market in the lodging industry begins to thaw. Highgate and Gencom are nearing a deal to buy the 607-room property.
BlackRock, Vanguard scale back company talks as new guidance bites
The world's two biggest asset managers sharply reduced meetings with company bosses this year, disclosures show, as new guidance from the U.S. Securities and Exchange Commission made it harder to discuss topics like climate change and diversity.
Industry Events
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Saskatchewan Real Estate Forum
Oct 16 2025
TCU Place, Saskatoon
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BUILDEX Alberta
Oct 22 2025
to Oct 23 2025
BMO Centre at Stampede Park, Calgary
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Calgary Real Estate Forum
Oct 29 2025
BMO Centre Expansion, Stampede Grounds
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Atlantic Real Estate Forum
Nov 04 2025
Halifax Convention Centre
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Global Property Market
Dec 02 2025
Fairmont Royal York
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