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GTA office: What's for sale and who is buying
GTA office: What's for sale and who is buying
There've been few recent trophy office sales in the Greater Toronto Area, but activity at the $100-million level and below has been steady, says Colliers' Nicholas Kendrew. Observers are closely watching one marketing process - the Yonge Corporate Centre.
Building up eases costs, but many cities 'allergic' to height
Building upward is a solid way to attack the problems of housing affordability and urban sprawl, but Quebec cities outside the Montreal area are often averse to height.
Developers resurrect $178M lawsuit against Montreal
A group of developers who sued the city of Montreal and Mayor Valérie Plante for alleged disguised expropriation in 2019 are bringing back their $178-million lawsuit after four years of fruitless negotiations with the city.
15 proposed data centres in pipeline for Alberta
While the economic focus is on the ramifications of a potential tariff battle with the United States, there are also continued signs of growth for Alberta technology firms, and for new AI-focused data facilities planned across the province.
Tariffs, uncertainty expected to dampen bank profits
Canadian banks are expected to report low profit growth as the threat of tariffs, a looming federal election and a slowing Canadian economy weigh on what otherwise would have been a stronger start to the year.
Macklem warns of tariff setback for economy
Bank of Canada governor Tiff Macklem warns the Canadian economy will not be able to bounce back from a protracted trade war with the United States, as the impact from the trade disruptions will be structural in nature.
Stellantis hits pause on $1.3B Brampton plant retooling
Citing the current “dynamic environment” in the auto sector, Stellantis announced it’s freezing all activity at its Brampton Assembly Plant, effective immediately, to re-evaluate its strategy for the launch of the next-generation Jeep Compass.
Highclere Capital enters Canada’s mid-market lending space
A new player in the mid-market mortgage lending space is intent on shaking up the industry. Highclere Capital Lending, led by industry veterans Leon Dadoun and Paul Grewal, is readying to serve its first clients by the end of April.
'Record-setting' boom in development in Edmonton
Construction of new residential and commercial spaces is booming in Edmonton. The city awarded 50 per cent more residential development and building permits than it did in 2023, with the overall value of construction permits at $4.2 billion.
1910 Union Bank building soon home to business, fine dining
The historic Union Bank building in downtown Edmonton is undergoing renovations, with completed exterior finishes paving the way for new business headquarters and a high-end restaurant. Union Financial Corporation will relocate to the upper floors.
GoodLeaf grows Canada's largest vertical farming company
GoodLeaf Farms established its first 50,000-square-foot vertical farm in Guelph in 2019 and last year opened two new farms in Calgary and Montreal, each about 115,000 square feet for a total grow space of 280,000 square feet.
Electric Asset lays roadwork for EV transition for buildings
Vancouver-based Electric Asset Inc. is paving a way for buildings in British Columbia to adopt electric vehicle chargers, manage their energy needs, access incentives and follow regulations with its array of services.
In central Vancouver, a tale of two plans
OPINION: While towers transform detached house neighbourhoods within the Broadway plan, the Cambie plan was more thoughtfully considered: existing low-rise neighbourhoods are maintained around the King Edward station; highrises centralized to the south at Oakridge Centre and Marine Gateway.
Burnaby office tower project pivots to 100% residential
B.C. developer Onni Group is seeking the City of Burnaby’s permission to change the use of the previously contemplated office tower, which was to be a 37-storey tower with about 696,000 sq. ft. of office space, to residential.
Rental tower proposed for Langara-49th Ave. SkyTrain station
A long-vacant site north of SkyTrain’s Langara-49th Avenue Station is now being eyed for a sizeable highrise rental housing tower. Global Education City seeks to build a 26-storey tower, containing a total of 182 secured purpose-built rental homes.
28-storey tower proposed along Kitchener’s ION LRT corridor
Dez Capital Corporation has submitted a proposal to the City of Kitchener to bring a 28-storey mixed-use tower at 924 through 944 King St. W., adding to the highrise growth along the ION LRT corridor.
Apple to invest over $500B in U.S. over the next four years
Apple has announced its largest-ever spending commitment, with plans to invest more than US$500 billion in the U.S. over the next four years. The pledge will support initiatives that focus on AI, silicon engineering and skills development.
Brookfield buys National Grid's renewables for $1.7 billion
National Grid agreed to sell its U.S. onshore renewables business to Brookfield Asset Management (BAM-T) for US$1.7B. The company's renewables division develops, constructs, owns and operates large solar parks, onshore wind farms and battery storage assets.
How Trump administration policies could shape the real estate recovery
As they celebrate another quarter of surging deals, executives with the largest commercial real estate brokerages are sounding notes of caution amid what they say is growing uncertainty over the potential effects of the Trump administration's economic policies.
CBRE's $146B asset management arm says investors are back
Political unpredictability and macroeconomic indicators could still be stumbling blocks for commercial real estate deals this year, but investors now feel they have enough information and certainty to take action, albeit with a more nuanced approach, CBRE experts said.
Industry Events
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Canada Real Estate Auctions
Mar 01 2025
to Dec 31 2025
Canada
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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Western Canada Apartment Investment Conference
Apr 22 2025
Vancouver Convention Centre
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Vancouver Real Estate Forum
Apr 23 2025
to Apr 24 2025
Vancouver Convention Centre
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Edmonton Real Estate Forum
May 27 2025
to Feb 27 2025
Edmonton Convention Centre
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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