Recent Articles
Canada's largest spec industrial build, 1.2M sq. ft., available for lease
Largest spec industrial build, 1.2M sq. ft., available for lease
Lakeridge Logistics Centre in Ajax, Ont., Canada’s largest speculative-build industrial property, is seeking tenants. In addition to its sheer size, the 1.2-million-square-foot facility is also built to the "gold standard" when it comes to sustainability.
23:32 Capital acquires 13 Ontario RV resorts: $91M
23:32 Capital has invested $91 million to buy 13 recreational vehicle (RV) resort communities with 2,840 sites in Ontario from Sun Communities, in what is the company’s biggest transaction to date.
Minto expands to Vancouver, JVs to acquire Lonsdale Square
Minto Apartment REIT and an investment partner have a definitive agreement to acquire the newly constructed Lonsdale Square apartment building in Vancouver, along with its ground-floor retail component.
Cabinet down two as finance and housing ministers resign
Finance minister Chrystia Freeland and housing minister Sean Fraser announced their resignations from Justin Trudeau‘s cabinet in what appeared to be a blow to the Liberal government. Freeland was set to deliver the fall economic statement this afternoon.
Sobeys parent Empire to open more new stores next year
The president and chief executive of Stellarton, N.S.-headquartered Empire Co. Ltd. said the company is expanding its Farm Boy and Longo’s banners in Ontario, as well as its discount FreshCo chain in Western Canada and Ontario.
CDPQ invests $335M to propel TerraPact's growth
CDPQ and TerraPact, an owner and operator of real estate that underpins wireless, broadband and energy sectors, have announced an agreement which will see CDPQ provide $335M in senior financing to support the growth of TerraPact's RE portfolio.
Should pension funds be investing more domestically?
Two views head-to-head: While both experts point to the obligation of the pension promise, one argues that many pension funds are already overweight in Canadian allocations, while the other cites these funds’ risk-return calibrations, highlighting the strategic assets available abroad.
Tiff Macklem on kicking inflation, tariffs and uncertainty ahead
Bank of Canada Governor Tiff Macklem hasn’t declared “mission accomplished” – but he’s come close. Inflation is back on target but Macklem warned there are always new shocks to the economy, such as President Donald Trump's tariff threats.
The commercial real estate space in 2025
VIDEO - Brian Rosen, president and CEO at Colliers Canada, speaks to Bloomberg about the CRE outlook in 2025. Rosen says countervailing forces are still affecting the office sector but retail is a "strong asset class", while industrial is "balanced."
Converted office building in Ottawa set to open as housing
The City of Ottawa will open its first office-to-housing conversion early next year. Construction crews have been renovating the one-time movie theatre turned office building at 230 Queen St. since the summer. The building had been vacant for five years.
Receiver appointed for troubled Thind properties
A lawyer for Kingsett accused embattled developer Thind of misappropriating funds meant for the Canada Revenue Agency in a court hearing on Friday. Three Thind condo projects in B.C. have been placed into receivership in the span of a month.
B.C. cities turning to AI to speed up housing approvals
Municipalities in B.C. are automating key aspects of their workflow in order to achieve planning efficiencies and accelerate approval timelines. As the technology becomes more sophisticated, city staff can be redeployed to perform monitoring, verification and other higher-level tasks.
Housing unaffordability up despite billions of gov. spending
The number of Canadians in need of affordable housing is still rising despite billions in federal spending to tackle housing affordability, the parliamentary budget officer (PBO) said in a new analysis.
Ontario's first-ever lakefront Nordic spa coming soon
Those looking to unwind will be pleased to hear that Ontario’s inaugural lakefront Nordic spa, Wander the Spa, is soon to open. The 10,000-square-foot spa will be located at Wander the Resort in Bloomfield.
Starlight continues U.K. expansion in Leeds
Real estate investment and asset management firm Starlight Investments has announced the further expansion of its U.K. portfolio through the acquisition of a 300-suite build-to-rent (BTR) community under development in Leeds.
Henry Zavriyev partners with Capstone Equities on NYC hotel
Montreal-based Leyad is pleased to announce its acquisition of the Ink48 Hotel in the Hell's Kitchen neighbourhood of New York City. This marks Leyad's first purchase in the New York City market and its second hotel acquisition to date.
Office property meltdown is starting to surface at regional banks
Slumping office property values are rippling through U.S. banks, with smaller lenders in particular ramping up the use of loan modifications in their commercial real estate books. Modifications are typically sought by struggling landlords looking to get short-term loan extensions.
Stonepeak’s first real estate fund raises $764M, falling short of target
New York-based investment firm Stonepeak closed funding on its inaugural real estate fund more than US$200M short of its target. The fund, focused on North American assets, closed with US$764M, missing its US$1B target.
Toyota launches $922M plant at Kentucky manufacturing campus
Toyota Kentucky will build a US$922 million advanced paint facility at its Georgetown, Ky., campus designed to improve operational efficiencies, reduce environmental impacts and enhance the quality of vehicle finishes.
U.K. homebuilder stocks flash buy signal after slump
British homebuilder stocks are flashing a key buy metric for the first time in more than a year, indicating a possible end to a slump spurred by concern that elevated mortgage rates will hamper demand.
Industry Events
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Canada Real Estate Auctions
Feb 01 2025
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