LocationsRecent Articles
Homegrown Burnaby developer plans 72-storey Metrotown tower
Burnaby developer plans 72-storey Metrotown tower
McCarthy Properties, a homegrown Burnaby developer, is working on plans to build one of the B.C. Lower Mainland’s tallest towers in Metrotown, a neighbourhood the company sees as the city’s downtown core and the geographic heart of the region.
Master plan to transform Vancouver's Granville Strip
Forty-storey towers on Granville Street downtown. No more buses on the Granville Mall. These proposals and more are included in a new document released by the City of Vancouver on Wednesday.
BCI to buy BBGI infrastructure fund in $1.89B deal
Pension fund investment manager BCI will buy BBGI Global Infrastructure S.A. in a deal valued at $1.89 billion (US$1.32 billion), the companies announced. BBGI's portfolio includes projects such as bridges and tunnels, education and health care facilities.
Wesbild sells 27.5 acres of N. Vancouver industrial land
UPDATED: Vancouver-based real estate developer Wesbild has thrown in the towel and sold a prime North Vancouver industrial property after eight years of attempting to get approval for redevelopment and intensification of the property.
Lower interest rates driving industrial RE acquisition
Lower interest rates have helped boost industrial acquisition in Canada in recent months, according to a report from Avison Young, a commercial real estate services firm. Activity has picked up since the Bank of Canada began cutting rates last June.
Windsor to host NEO's EV battery materials facility
NEO Battery Materials Ltd. (NBM-X) has secured an eight-acre site in Windsor, Ont. for a facility that will make a material that increases the range of an electric vehicle battery.
 | National Bank National Bank’s real estate business building momentumNational Bank successfully launched a licensed real estate services brokerage in 2024. NBF Real Estate Services Inc. added property sales and NBF Mortgage Brokerage Services Inc. added a licensed mortgage brokerage to its suite of advisory services and capital markets expertise. Sponsored by: National Bank |
Kelowna industrial space set to share in market rebound
Standing inventory in Kelowna’s industrial market is on track for absorption this year as buyers return to the market and leasing demand remains steady. Tighter conditions are expected in 2026.
Northwest announces an issuer credit rating of BBB (low)
Northwest Healthcare Properties REIT (NWH-UN-T) , an owner and operator of healthcare real estate infrastructure in North America, Brazil, Europe and Australasia, announced Morningstar DBRS has assigned it an investment-grade issuer credit rating of BBB (low), with a stable trend.
3 Safeways, 3 very different redevelopment plans
Three former Safeway sites in Vancouver are now targeted for rental apartments. But the ultimate fate of these expansive and expensive properties is dependent on their locations, the ambitions of their ever-changing owners and city council.
Halifax developer’s death leaves a trail of unfinished business
A contentious insolvency involving the heavily indebted estate of a deceased Halifax property developer has put the future of some prized properties in doubt. Buyers have yet to be found for properties in various stages of redevelopment.
Feds, province provide $80M for Churchill port
Manitoba’s waterway link to European trade — the Port of Churchill — was the recipient of nearly $80 million in funding announced one day after Canada avoided sweeping tariffs by U.S. President Donald Trump.
Downtown Port Moody's first towers get the go-ahead
Port Moody council has voted 6-1 in favour of a proposal by Vancouver-based developer Beedie Living to construct over 1,000 homes in three towers up to 38 storeys, as well as a six-storey transitional housing facility.
Quartet of towers proposed in uptown Oakville
New Horizon Development and Wyatt Development have submitted an application to the Town of Oakville for a highrise community at 3275 Trafalgar Rd. The project envisions a five-building residential and live/work complex spanning two phases.
Will there be affordable housing near Ontario Line stations?
The City of Toronto is alleging the province has no plans to build affordable housing units within its new developments along the multi-billion dollar transit project for Metrolinx's Ontario Line.
Real estate podcasts
Rob Kumer, KingSett: Economic outlook, politics and RE predictions, CRE Library
Adrian Rocca, Fitzrovia: Transforming multifamily living, CRE Podcast
Highlights from Season 5, Tenant Experience Network
15 U.S. and Canadian downtowns that are bouncing back
Two Canadian cities are among 15 where data indicates the downtown cores are rebounding from the blows of the Covid-19 pandemic and remote work more swiftly than other metropolitan areas.
Pattison buys California supermarket for $23.4M
The site of a Lucky California supermarket in southwest San Jose has been bought Canada-based Jim Pattison Developments U.S. Inc. for US$24.3 million in an all-cash deal, documents filed with the Santa Clara County Recorder’s office show.
Alphabet plans $75B in capital expenditures amid AI data centre push
Google’s parent company is the latest in a string of U.S. tech giants to channel more money into data centres to bolster AI strategy. The company intends to invest US$75B in capital expenditures in 2025.
TF Cornerstone targets distress with $1B office conversion fund
Two months after launching a $1B venture targeting office-to-residential conversions, TF Cornerstone and Dune Real Estate Partners have identified three buildings. The first target is a Philadelphia office building on which TF Cornerstone purchased most of the distressed debt.
Industry Events
-
Canada Real Estate Auctions
Mar 01 2025
to Dec 31 2025
Canada
-
MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
-
Western Canada Apartment Investment Conference
Apr 22 2025
Vancouver Convention Centre
-
Vancouver Real Estate Forum
Apr 23 2025
to Apr 24 2025
Vancouver Convention Centre
-
Edmonton Real Estate Forum
May 27 2025
to Feb 27 2025
Edmonton Convention Centre
-
CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
-
BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
Follow us on Social Media
Follow RENX on your favorite social media platform for news delivered to your feed.
Locations
