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Allied Properties seeks to sell landmark Toronto House, Calgary House
Allied seeks to sell landmark Toronto House, Calgary House
Over the past two years, Allied Properties REIT (AP-UN-T) has been selling non-core properties. The REIT is adding two high-profile Toronto and Calgary assets to that list as it continues working to strengthen its balance sheet.
Calgary eyes future of historic downtown Hudson's Bay site
The City of Calgary is creating a plan to support potential investors in redeveloping the former downtown Hudson’s Bay building, vacant since the retailer shut down earlier this year. It's part of a larger shift in the downtown retail sector.
Imperial Oil inks deal to sell its Calgary headquarters
Imperial Oil has reached a deal to sell its colossal Calgary headquarters. The company said it has signed a deal with an unnamed buyer for the 800,000-sq.-ft. campus, which allows Imperial to lease some of it.
Landlords vow to be creative as HBC returns leases
Many of the leases that Hudson’s Bay wanted to transfer to Ruby Liu for $69.1M are now being returned to their landlords. These landlords face the challenge of filling up empty spaces across the country.
Pension CEOs cite government interference as top worry
Top executives at some of Canada’s largest pension plans said they’re worried about government intrusion, days before Prime Minister Mark Carney unveils a budget that’s likely to emphasize investment in infrastructure and the military.
What we know about the Downsview modular housing plan
With $13 billion to spend across the country, new federal housing agency Build Canada Homes has lined up its first project in Toronto, setting its sights on creating a factory-built housing development at Downsview.
Libfeld property empire sale begins 4 years after court order
The sale of the multibillion-dollar real estate empire assembled by Toronto’s Libfeld family has begun more than four years after it was first ordered by a judge, the final stage of an acrimonious battle between four brothers who inherited it.
Development land inventory surges in B.C., broker says
Single-family lots are seeing strong demand from developers, says land broker Joe Varing of Varing Marketing Group, because they offer a clear path to the development of multifamily properties with up to six units and no need for rezoning.
Three towers up to 65 storeys proposed for Vaughan
A massive development is being proposed for 31 Pennsylvania Ave., north of the Vaughan Metropolitan Centre, where 1714574 Ontario Limited has submitted plans designed by KFA Architects for a three-tower mixed-use complex.
Two-tower plan replaces previous design at GTA No Frills site
Choice Properties REIT (CHP-UN-T) has submitted a revised plan for the No Frills site on Broadview Avenue just south of Danforth Avenue in Riverdale. It would bring two towers of 39 and 43 storeys, rising above a new grocery store.
Ottawa-area golf club closes ahead of redevelopment
The Kanata Golf and Country Club has closed as its owners move to build a housing development on the property. ClubLink first announced its plan to build close to 1,500 homes on the site in 2018.
Developer eyes former Nfld. golf course for 1,200+ homes
Two years after the closure of the golf course and curling club, the former Bally Haly property in St. John's is back in the spotlight. Developer KMK Capital Inc. envisions building 1,200-plus housing units on the 100-acre property.
Sunoco completes cash-and-stock deal to buy Parkland
Sunoco LP has completed its acquisition of Parkland Corp. The companies say the cash-and-stock deal, valued at US$9.1 billion including assumed debt when it was announced in May, closed on Friday. Parkland shares are expected to be delisted from the Toronto Stock Exchange as of the close of markets on Tuesday.
St. Thomas officials detail new electric vehicle-related plant
St. Thomas has landed a $2-billion manufacturing investment. Vianode, a Norwegian industry that makes artificial graphite, critical in the production of electric vehicles (EV) and batteries, has already begun work on a plant slated to open in 2028.
Betting on a smarter, more predictable alternative market
Following Nesto Group’s recent equity investment through its CMLS subsidiary, Maple Financial is looking to bring prime-lender discipline to the alternative space. The company spent the last two years working with brokers and funding partners to understand their pain points.
Flagship buys four MHCs in Ohio and Indiana
Flagship Communities Real Estate Investment Trust (MHC-UN-T) has announced the acquisition of four communities in the U.S. for US$79 million. One manufactured housing community (MHC) is in Seymour, Indiana, while the other three are located in Ohio.
Lender takes over 5 office buildings from Brookfield
A foreclosure auction for six Maryland office buildings, totalling 1M square feet, was held last week. The properties were owned by Brookfield and represent the latest in a string of distressed situations the investment giant has faced in its office portfolio.
Vantage’s $15B data centre project gets a new partner
Vantage Data Centers and the Wisconsin Building Trades Council – an umbrella for 40,000 union workers – have pledged to partner on the Lighthouse data centre campus in Port Washington, Wis., a northern suburb of Milwaukee.
New Orleans reels from soaring debts and empty skyscrapers
One of North America's most famous cities is heading for a downtown catastrophe as its office towers hemorrhage tenants – and owners default on massive loans. Commercial real estate in New Orleans, La., is in crisis.
Octopus plans $526M U.K. rental senior living fund
The Octopus retirement rental strategy has a target size of $526M (£400M) and will look to raise capital for institutional investors. It is likely to be a closed-ended structure, although an open-ended vehicle is being considered.
Industry Events
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Atlantic Real Estate Forum
Nov 04 2025
Halifax Convention Centre
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Global Property Market
Dec 02 2025
Fairmont Royal York
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Toronto Real Estate Forum
Dec 03 2025
to Dec 04 2025
Metro Toronto Convention Centre, Toronto
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Québec Apartment Investment Conference
Feb 04 2026
Palais des congrès de Montréal
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BUILDEX Vancouver
Feb 11 2026
to Feb 12 2026
Vancouver Convention Centre West, Vancouver
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