LocationsRecent Articles
Ruck Lane assembles 'who's who' of CRE execs: CEO Chuck Scott
Ruck Lane assembles 'who's who' of CRE execs: Chuck Scott
Chuck Scott was looking for a new challenge when he left his position as Cushman & Wakefield's Canada and Latin America CEO at the end of 2023. He has found it with newly launched venture capital group Ruck Lane.
Minto sells Ottawa's Castleview apartments for $69 million
Minto Apartment REIT (MI-UN-T) has sold its 241-unit Castleview apartments tower in Ottawa for $69 million as the trust continues to divest older assets and use the proceeds to reduce its debt levels.
Inflation rose to 2.0% in October, putting rate cut into question
After falling for four straight months, Canada’s annual rate of inflation rose in October, something which could put the size of a December interest rate cut by the Bank of Canada into question.
Quebec, federal gov't invest $325M at Bécancour port
The Quebec and Canadian governments are injecting an additional $325 million into the battery sector, this time to help Bécancour's port infrastructure meet the needs of this "new and emerging" market.
The office vacancy crisis: Can older buildings compete?
The national office availability rate reached a record high of 18.2 per cent in the third quarter of this year. However, new and recently renovated buildings in prime locations are faring better because of a push toward better-quality towers.
Feds to spend $13.8M on office space for public servants
The federal government will pay a private company $13.8 million to create co-working spaces for public servants in the Ottawa region, with the first of the workplaces to open next month.
 | Trez Capital A call for swift and flexible capital solutions for 2025’s Canadian CRE marketWith 2025 on the horizon, the Canadian commercial real estate investment market presents a unique blend of challenges and opportunities for the year ahead. Sponsored by: Trez Capital |
Underused public land could house a million people: study
If all the well-located, vacant or underused government-owned land in the Toronto region was turned into affordable housing, there would be space enough to potentially provide low-cost homes for more than 587,000 Canadians.
Thind's District Northwest in receivership with $85M debt
The District Northwest project in Surrey by Burnaby-based Thind Properties has been placed under receivership, according to filings in the Supreme Court of British Columbia, in one of the more severe insolvencies in Metro Vancouver this year.
Chacon Developments facing four receiverships in Ontario
Brampton-based Chacon Developments is facing two receiverships and two power of sale proceedings, according to court filings and property listings. The properties include a retail plaza, a planned condominium project, a planned seniors housing project and an industrial property.
Hamilton opportunity offers pre-approved highrise potential
Developers and investors in the Greater Golden Horseshoe are being presented with an opportunity for a pre-approved highrise project in Hamilton. Located in the heart of the city's downtown, the property comes with significant advantages that streamline the development process.
Tough year for Canada's industrial heartland
A new study estimates that output for goods-producing industries in Ontario in 2024 dropped at its steepest rate since the pandemic. Service industries will account for a record high of almost 80 per cent of the province’s gross domestic product.
Jimmy John’s opens in Canada with plans for 200 locations
Jimmy John’s, a popular American sandwich chain known for its freshly baked bread and fast service, has made its Canadian debut with a new location at 197 Queen St. in Etobicoke, near CF Sherway Gardens in Toronto.
Walmart raises annual forecast for the third time
Walmart (WMT-N) raised its annual sales and profit forecast for the third time, with people buying not just groceries but merchandise beyond essentials, a sign that the retail giant may be gaining market share ahead of the holiday season.
Real estate podcasts
Alex Avery, Primaris REIT: Optimism in CRE - A New Era for Malls, CRE Podcast
Adam Jacobs, Colliers: Unlocking CRE Insights, Tenant Experience Network
Rod McKay, William Wright Commercial: Top 5 Canadian Cities to Invest In, VCREP
Brookfield’s BofA Tower in L.A. sees 69% decline in appraised value
The value of a downtown Los Angeles tower owned by an affiliate of Brookfield Asset Management Ltd. was slashed 69 per cent, the latest sign of troubles for offices in U.S. central business districts.
26-building Blackstone portfolio in Florida trades for $331M
Longpoint Partners has acquired a 26-building, 1.4 million-square-foot industrial portfolio in Florida for US$331.3 million. Blackstone sold the assets, according to Commercial Observer. The infill, last-mile facilities have an average occupancy rate of 97 per cent.
Cool projects make the news at properties that used to print it
If printing the news is on its way out, then hip repositioning of the routinely high-value, centre-city premises that used to produce the daily newspaper is most definitely in. And as with old tobacco and mill buildings, companies are attracted.
Trump's AI power plans could reshape data centre building boom
As the data centre industry navigates a power crisis, the stark change in federal energy policy expected under President-elect Donald Trump could have a dramatic impact on the industry's development.
Industry Events
-
Canada Real Estate Auctions
Dec 01 2024
to Dec 31 2024
-
Global Property Market
Dec 03 2024
Metro Toronto Convention Centre, South Building
-
Toronto Real Estate Forum
Dec 04 2024
to Dec 05 2024
Metro Toronto Convention Centre, South Building
-
Quebec Apartment Investment Conference
Feb 19 2025
Palais des congrès de Montréal
-
RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
-
MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
Follow us on Social Media
Follow RENX on your favorite social media platform for news delivered to your feed.
Locations
