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Downtown Vancouver AAA office supply freezes as pipeline stalls
Downtown Vancouver AAA office supply freezes
While the newest and best office space in Vancouver’s downtown office market continues to enjoy strong demand, don’t expect a new class-AAA office project to kick off any time soon, a group of local office experts suggest.
Slate Grocery REIT agrees to US$2.3B all-cash buyout
Slate Grocery REIT (SGR-UN-T) has agreed to be acquired and taken private by a U.S.-based joint venture of Brixmor Property Group and Everview Partners in an all-cash deal valued at $2.3 billion (all figures in US dollars).
Co-founder of Clearwater Seafoods bets on prefab housing
A company tied to a co-founder of Clearwater Seafoods is betting that Canada can significantly expand the amount of factory-built housing it constructs. HanMac Capital is a majority investor in AXYZ, which produces an automated tool to precisely cut materials.
How N.S. asking rents became Canada’s most expensive
Real estate watchers in Nova Scotia say rapidly rising rental prices show no sign of slowing down. They point to various factors, ranging from lack of tenant protections to high operating and construction costs.
7-tower Ajax proposal gets denser as development nears
The redevelopment of a former industrial site in Ajax is getting closer. Initially proposed in 2022 by 95 Developments, a company that has been specializing in condominiums, The Rose Hills project now consists of seven towers, all 33 storeys tall.
Markham industrial facility fully leased to Tesla for sale
95 Clegg Rd. is owned by Pure Industrial — the REIT that was taken private in 2018 by Blackstone and La Caisse. Originally constructed in 1998, the building sits on a 5.33-acre parcel of land and spans 110,236 sq. ft.
 | Cascadia Development Cascadia Development announces strategic partnership with Fiera Real EstateInstitutional capital partnership advances 66-unit purpose-built rental community, marking the first British Columbia investment under Fiera Real Estate’s Canadian Built Opportunities Fund. Sponsored by: Cascadia Development |
11-storey hotel and condo tower eyed for Marpole Village
A recently shuttered Petro-Canada gas station in Vancouver’s Marpole Village area is eyed for a sizeable mixed-use development — an 11-storey building containing 65 hotel guest rooms, 35,000 sq. ft. of office space and 65 strata ownership condominium homes.
H&R REIT schedules meeting for proposed transaction
H&R REIT (HR-UN-T) securityholders will vote at the meeting on a proposed transaction where GO REIT and a co-purchaser consortium, including Blackstone, Crestpoint, and executive chairman Tom Hofstedter's family, acquire all H&R assets.
Vital Infrastructure offers $300M in senior debentures
Vital Infrastructure Property Trust (VITL-UN-T) has priced a private placement offering of $300 million aggregate principal amount of 4.865 per cent Series C senior unsecured debentures, maturing on October 15, 2029.
Eby proposes two per cent tax on unsold condos
A new NDP government would slap a two-per-cent tax on empty, unsold condos in B.C. in a bid to force developers to cut prices and sell units. Nearly 4,000 newly built condos are sitting empty in the Vancouver region.
Canpotex investing $500M in Vancouver port terminal
Potash giant Canpotex Ltd. is embarking on a $500-million upgrade of its terminal at the Port of Vancouver, aiming to boost exports amid strong global demand for fertilizer, replacing older infrastructure, ship loaders, conveyors and a dumper pit.
Century Casinos selling operations at two Alberta venues
Century Casinos is selling the racing and gaming operations at two of Alberta’s most prominent racetracks as it looks to focus on its U.S. operations. The Colorado-headquartered operator is selling the operations to Calgary's Highfield Investment Group for $23.2M.
American Hotel Income Properties to sell 6 hotels for $95M
American Hotel Income Properties REIT LP (HOT-UN-T) has signed agreements for the sale of five individual hotels, with one additional hotel expected to be under PSA soon. The six hotels are in New Jersey, Pennsylvania, Connecticut and Florida.
JPMorgan mulls $3.8B financing for NYC tower
JPMorgan Chase & Co. is in talks to lead a massive financing for Extell Development’s plan to build condominiums on Manhattan’s Upper West Side. It would be one of the largest construction loans ever issued in the U.S.
Pimco faces 85% loss on Philadelphia office complex
Pacific Investment Management Co. is facing losses of around 70 per cent on a commercial mortgage-backed security tied to an office complex in Philadelphia. Previously appraised for US$471M in 2019, it has now sold for US$70M.
Industry Events
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Québec City Real Estate Forum
Sep 29 2026
Québec City Convention Centre -
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Oct 20 2026
Rogers Centre, Ottawa -
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to Oct 23 2026
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Oct 22 2026
BMO Centre Expansion, Stampede Grounds -
Global Property Market
Dec 01 2026
Fairmont Royal York -
Real Estate Forum
Dec 02 2026
to Dec 03 2026
Metro Toronto Convention Centre, South
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