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Toronto's 106-storey Pinnacle SkyTower nears completion
Toronto's 106-storey Pinnacle SkyTower nears completion
Toronto's 106-storey Pinnacle SkyTower is about to become one of the continent's most exclusive addresses. With construction having topped out – level with the nearby CN Tower observation deck – its developer will soon release the last few condominiums for sale.
BOMA report shows gaps in artificial intelligence adoption
The results of BOMA Canada’s new Trends in Commercial Real Estate survey show adoption of artificial intelligence (AI) is happening, but it’s a cautious, fragmented and inconsistent process.
Imperial Oil campus in Calgary trades for $60 million
Dominion Quarry Corp. is the buyer of Imperial Oil Ltd.'s sprawling campus in Calgary, according to transaction information and land title transfer documents shared with Western Investor. It paid $60 million for the property.
Toronto retail availability hits record low
Toronto retail availability has reached a historic low, underscoring continued demand for well-located storefront space across the city’s core shopping corridors. According to a new report from JLL, retail availability across 14 tracked Toronto corridors declined to 6.22 per cent.
Developers increase perks as sales continue to slump
Canadian developers are finding ways to sweeten the deal for prospective homebuyers as new home sales slump across the country. Mattamy Homes announced a program to cover buyers’ mortgage payments for a year for sales in Calgary and Edmonton.
Multiplexes emerge as Toronto’s next supply engine
As condo projects stall and detached homes remain out of reach for many, multiplexes are gaining traction as Toronto’s next supply channel. For a city built on highrise condos, the shift toward “gentle density” requires adjustment from investors, developers, owners and residents.
Rural Pickering could become home for 72,000 people
Advocates are urging Pickering city council to reject a plan to develop 1,600 hectares of rural land in the city’s northeast district, pending further consultation with First Nations and studies on the project’s environmental impact and cost.
Development surge brings more housing to Dartmouth
Thanks to Halifax regional council’s Windmill Road Functional Plan, a project that saw council allow for more mixed-use development, construction is booming along the corridor that connects Wyse Road and Akerley Boulevard in Dartmouth.
Towers up to 63 storeys in next Downsview phase
Northcrest Developments is advancing a district plan, alongside zoning by-law amendment and draft plan of subdivision applications, submitted to the City of Toronto for the Wilson District, a major new sub-area within the broader YZD redevelopment in North York.
45-storey rental tower proposed near Davisville Station
A zoning bylaw amendment has been submitted to the City of Toronto for a mixed-use rental tower at 1960-1966 Yonge St. by Biddington Group, which is proposing a 45-storey building designed by Arcadis.
15-storey hotel tower proposed for downtown Vancouver
Another sizeable hotel is being planned for downtown Vancouver. The project would redevelop 852-872 Seymour St., the site of the former Great War Veterans’ Association Hall — a two-storey structure built in 1926 that holds notable heritage value.
Killam, CAPREIT report lower annual rent increases in 2025
Two large corporate landlords owning a combined 9,008 rental units in Halifax are reporting smaller annual increases in their average rents for 2025 than the previous year as the market rebalances.
Meeting on future of former Calgary HBC building sells out
Concerns over the fate of the mostly shuttered downtown Hudson’s Bay building has led to a meeting to discuss preservation scenarios. The 250 tickets for the March 26 event bringing together citizens, developers and commercial realtors are sold out.
TJX expands downtown footprint with new urban stores
TJX Canada is continuing to deepen its presence in major Canadian downtowns, with a new Marshalls store planned for Montreal Eaton Centre as part of the company’s broader urban growth strategy.
The CEO of Fiera Capital is on medical leave
Maxime Ménard, CEO of Montreal-based asset manager Fiera Capital, is on leave for medical reasons. Management made the announcement late Friday. Executive director and chief operating officer Gabriel Castiglio will serve as interim CEO.
QuadReal acquires U.K. self storage portfolio for $514M
QuadReal has announced the $514M (£280M) acquisition of a 27-asset, self-storage portfolio in the U.K. from Padlock Euro Storage Fund I, as well as the establishment of a joint venture with Clear Sky Capital, Inc.
Healthpeak's senior housing REIT launches at $6B valuation
Public REIT valuations have lagged behind the stock market overall, but that didn't stop Healthpeak Properties from beating targets on the debut of a new seniors living REIT Friday.
Apollo to invest $1B in Realty Income Assets
Apollo will pay US$1 billion to acquire a 49 per cent stake in a new joint venture with Realty Income Corp. The partnership will own a 500-asset portfolio of single-tenant retail properties across the U.S.
David Simon, who built a retail REIT into a mall giant, dies at 64
David Simon, CEO and chairman of the board at mall REIT, Simon Property Group, died Sunday after a battle with cancer, the company announced Monday. The 64-year-old spent more than 30 years at the top of Simon Property Group.
520 Fifth Ave. quickly reaches 40% leased
The office building “hiding in plain sight” is already more than 40 per cent leased after just nine months of marketing. Four new deals were struck at 520 Fifth Ave., the 1,002-foot-tall luxury condo tower at East 43rd St.
Industry Events
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Vancouver Real Estate Forum
Mar 31 2026
to Apr 01 2026
Vancouver Convention Centre West -
Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal -
BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre -
Edmonton Real Estate Forum
May 13 2026
Edmonton Convention Centre
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