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Growing sports of pickleball, padel leasing more space
Growing sports of pickleball, padel leasing more space
Pickleball and padel, two racquet sports rapidly gaining in popularity in Canada, are seeking indoor spaces in former industrial and big-box retail buildings to develop year-round facilities for avid players.
GTA’s 55H data centre to undergo major expansions
Capacity at 55H, a high-density colocation data centre just north of Toronto, is scheduled to increase this summer and again in 2026 to meet the growing computational needs and power demands of artificial intelligence clients.
Tariffs prompt industrial tenants to delay real estate decisions
Not all tariffs on foreign goods have taken effect in the United States, but the uncertainty is already leaving its mark on demand for industrial property. Warehouse owners say tenants are delaying decision-making on new leases.
5 key tariff impacts on CRE: Colliers' head of research
As tariffs loom over the economy, Adam Jacobs, head of research at Colliers Canada, said tariff threats are having cascading effects on the Canadian dollar, interest rates, industrial real estate and uncertainty. The impacts are uneven across regions.
Toronto greenlights plan to defer taxes on 3,000 new condos
Build now, pay later. That’s Toronto’s message to condo developers, put forward in a plan passed by city council to defer development charges on up to 3,000 units. Only near-shovel-ready projects will qualify for the four-year municipal tax deferral.
Fengate president outlines current condo market, rental pivot
Jaime McKenna is optimistic the residential development industry in Toronto has overcome many hardships over the past 20 to 30 years, but the president of Fengate Real Estate sees continued dark days for the industry in the condo sector.
Regina airport zoning change threatens major development
The expansion of Harbour Landing is in jeopardy after stricter zoning rules around the airport were approved by city council. Emile Beaudry, of property owner Beacorp Ventures, said these changes will "toss our plan in the trash bin."
Receiver readies sale of two of Thind's insolvent projects
A receiver appointed by the B.C. Supreme Court to take over three insolvent Thind Properties projects is now gearing up to sell two of them. KSV Restructuring is preparing to unload District Northwest in Surrey and Minoru Square in Richmond.
Judge rejects Hudson's Bay bid to save remaining stores
An Ontario judge has rejected a Hudson's Bay Company restructuring agreement, increasing the likelihood that lenders may seek to push the company into receivership. Justice Peter Osborne said the agreement was "neither necessary nor appropriate at this time."
From the ball pit to the C-suite at Ikea
Selwyn Crittendon joined Ikea in 2002 because he shared the Swedish furniture giant’s commitment to diversity, sustainability and affordability. As CEO of Ikea Canada, he's now overseeing over $400 million in investments for new improvements and fulfilment.
Oakridge Park mall reveals 27 new retailers
Construction on the massive Oakridge Park project has now entered the final stretch. For over half a decade, beginning with the demolition of the previous Oakridge Centre mall, Oakridge Park has been the single largest building development project in Vancouver.
Calgary Co-op celebrates new store opening
Calgary Co-operative Association officially opened a food store in the city's Oakridge neighbourhood. Spanning 53,000 square feet, the new space includes a 48,000-square-foot food store and an additional 5,000 square feet of retail space for tenants.
Master plan for QuadReal's Cloverdale Mall project revised
Cloverdale Mall is planned for a significant transformation that would see the longstanding retail hub transform into a complete master-planned community. QuadReal Property Group has submitted revised Official Plan Amendment and Zoning By-law Amendment applications for the 29.7-acre site.
Inside two big-vision projects transforming London
One place was “a bit of ghost town.” The other, the scar of a shut-down factory and lost livelihoods. But Londoners turned the ghost town into a residential and retail district and the shut-down factory into a growing tourist attraction.
Nine-tower development planned for would-be casino site
London’s latest mega-development is in motion. And believe it or not, this one’s not in the city’s booming northwest. Proposed for Wonderland Road near Bradley Avenue is a five-building, nine-tower housing development promising 2,001 units.
Investors betting big on B.C. commercial real estate: report
Buyers are eyeing residential and multifamily homes as investment opportunities in B.C., according an Avison Young report, which found West Coast commercial transactions worth more than $5 million in 2024 totalled more than $10.1 billion.
Rocket to buy mortgage firm Mr. Cooper in $9.4 billion deal
The online mortgage provider Rocket Cos. is acquiring Mr. Cooper Group in an all-stock deal valued at US$9.4 billion that will create a mortgage behemoth that handles one in every six mortgages in the U.S.
Brookfield sells D.C. office building for $153M
Rockwood Capital has acquired a 1909-vintage, 316,000-square-foot class-A office building in Washington, D.C., from Brookfield Properties for US$153 million, according to CommercialEdge information. Brookfield bought the property in 2005 for US$157.5M.
Nuveen names new global head of real estate
Nuveen, the investment manager of Teachers Insurance and Annuity Association of America, has named a new global head of its real estate investment arm. Chad Phillips, a near-25-year industry veteran, will assume the post, effective immediately.
Where to invest in U.K. real estate right now
To get a sense of how — and where the investment opportunities may lie — Bloomberg News interviewed five property experts for their best insights on a range of real estate assets in the U.K.
Industry Events
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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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