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Canadian hotels are thriving, investors are taking notice

2 weeks ago

Canadian hotels are thriving, investors are taking notice

Strong and consistent operating fundamentals, resilient revenue streams, inflation-hedging capability and value-add opportunities are bringing the hotel asset class out of the alternative grouping and into the investment mainstream.

QuadReal to acquire Padlock's U.K. portfolio: $474M

An affiliate of QuadReal Property Group will pay approximately $474 million to acquire a 95-per-cent interest in 26 United Kingdom self-storage properties from Padlock Euro Storage Fund, marking a major expansion in the storage sector for the B.C-based investor.

Snuneymuxw First Nation plans on buying Coquitlam casino

The business development arm of a Nanaimo-based First Nation has entered into an agreement to purchase the Great Canadian Casino Vancouver in Coquitlam. The value of the transaction has not been disclosed.

Budget swells to over $200M for Montreal casino expansion

Construction of the Montreal Casino hotel has barely begun, yet Loto-Québec is already planning for it to be both larger and more expensive than announced. The luxury hotel project at the casino is now expected to cost over $200M.

Nexus acquires 2 Montreal industrial buildings for $40.1M

Nexus Industrial REIT (NXR-UN-T) announced the acquisition of two industrial buildings located in Montreal for $40.1 million. The buildings have a combined gross leasable area of 277,000 square feet and are under long-term leases expiring in November 2032.

A look inside Hamilton's Amazon fulfillment centre

Before Amazon items land in the shopping carts of customers, they arrive at the Aeropark Boulevard facility with roughly 20 million products — ranging from cat litter, perfume and coffee makers to pull-up bars — stored inside the massive warehouse.

Rising health spending a boon for medical office in B.C.

Health-care spending is growing in Canada, giving a boost to medical office real estate in B.C., experts say. Health expenditure by the public and private sectors is forecast to grow by 4.2 per cent in 2025.

Data firm ISC receives four preliminary takeover offers

ISC is a digital infrastructure company that generates dependable cash flow from fees on real estate transactions, a business model that suits the long-term investment goals at pension plans and other institutional investors.

Toronto OKs 20 projects comprising 12,000 residential units

Twenty development applications were adopted by Toronto City Council at its December meeting, advancing zoning permissions for projects ranging from midrise infill buildings to waterfront towers that add up to 11,889 new housing units. 

Federal gov't mulls opening housing market to foreign capital

Canada is considering changes to the ban on foreign home buyers starting in 2027, Housing Minister Gregor Robertson said, as the government looks for ways to increase the supply of affordable places to live.

Towards a densification of Old Longueuil

With its new urban development plan, the City of Longueuil aims to transform the residential heart of its downtown core. One of the first major projects to become a reality is a residential complex of approximately 500 units.

2025 was a brutal year for GTA housing. What it means...

OPINION: Put simply, an 89 per cent decline in sales today will translate into an 89 per cent decline in future housing supply. When will the public feel it? In 2027 and 2028.

56- and 60-storey rental towers proposed for Toronto

Rental towers rising 56 and 60 storeys have been proposed by Osmington Gerofsky Development and Rogers Real Estate Development at the northwest corner of Huntley and Isabella streets in Toronto’s Upper Jarvis neighbourhood. 

Barrel Yards adding rental towers in Uptown Waterloo

Applications have been submitted for Phases 3 and 4 at The Barrel Yards, a mixed-use community in Uptown Waterloo. The proposal from Auburn Developments and Stonerise Construction would deliver three purpose-built rental buildings ranging from 19 to 32 storeys.

Canada’s luxury market shifts unevenly coast to coast

Real estate prices have risen across the board, but the impact on luxury housing has been uneven. In some markets, soaring values and pandemic-era demand have permanently reset the top end. In others, the definition of luxury has shifted less.

Plan for iPro Realty Ltd. repayments hits a snag

Realtors who have waited months for commission payments from the collapsed brokerage iPro Realty Ltd. are reluctant to sign paperwork issued by the insurance provider for RECO, worried it contains clauses that may cost them full repayment later.

Oxford, AussieSuper, M7 buy $555M logistics portfolio

A joint venture between Canadian and Australian pension funds has bought a C$555M (£300M) portfolio of 31 small and midsized logistics assets in France and the United Kingdom.

Moody’s to relocate headquarters to NYC's Brookfield Place

Moody’s Corp. is moving its headquarters to Brookfield Place in lower Manhattan. Moody’s is expected to take roughly 460,000 square feet of office space across multiple floors at 200 Liberty St., according to a statement Monday. 

Finance, tech dominate 2025's biggest office leases in U.S.

Tenants from the finance and technology sectors accounted for half of 2025's large office leasing volume in the United States' biggest markets, according to data provided to Bisnow by Colliers. 

Larry Ellison to personally back Paramount bid for Warner

Paramount Skydance Corp. amended its bid for Warner Bros. Discovery Inc., including by offering a personal financial guarantee by Oracle Corp. chairman Larry Ellison, as it seeks to beat out a rival bid from Netflix Inc.

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