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Jadco's multifamily development focus paying off
Jadco's multifamily development focus paying off
A shift several years ago to a rental-only residential development model by Jadco Group has paid off with the Montreal developer announcing its latest major multifamily project, Equinoxe Bois-Franc.
AutoCanada selling 13 of its 17 U.S. dealerships
Edmonton-based automotive dealership owner and operator AutoCanada Inc. has agreements to sell 13 of its 17 U.S.-based properties after classifying its holdings in the U.S. as a discontinued operation in its 2024 year-end financial report.
Couche-Tard pulls bid for 7-Eleven parent
Alimentation Couche-Tard Inc. (ATD-T) has abandoned its roughly US$46-billion effort to take over 7-Eleven parent Seven & i Holdings Co. blasting its Japanese rival for failing to engage in meaningful talks toward a potential deal.
Brookfield, OMERS, BCI vying for Telus cell towers
Telus Corp. (T-T) has narrowed the list of buyers for a stake in its cellphone-tower network to three large domestic asset managers, including two major pension funds, in a transaction potentially worth $1.2-billion.
Work on first new Victoria hotel in 20 years underway
Officials broke ground Wednesday on the first new hotel building in nearly two decades in Victoria. The 167 rooms in the eight-storey Hyatt-branded hotel, expected to open in 2028, come amid increasing demand from leisure travellers and conference delegates.
Indigenous-led data centre in Alberta slated for development
Woodland Cree First Nation announced plans to acquire a partially completed power plant to convert into a natural gas-powered data centre. The Mihta Askiy Data Centre is located on the First Nation's traditional lands, about 500 kilometres northwest of Edmonton.
 | Municipal Property Assessment Corporation Deadline for MPAC’s annual information request is approachingOwners of more than 35,000 properties in Ontario have received a request from MPAC for income and expense information. Discover the new enhancements that make the submission process easier than ever and learn how your contributions support quality assessments. Sponsored by: Municipal Property Assessment Corporation |
21 businesses confirmed to open at Gilmore Place
Two Gilmore Place tower recently claimed the title of Metro Vancouver’s tallest building. While residents have already moved into the three residential towers of Gilmore Place’s first phase, completed last year, the arrival of businesses has been comparatively slower.
Promenade Shopping Centre transforms with new tenants
The Promenade Shopping Centre in Thornhill is undergoing a dramatic transformation. Once facing the pressures many enclosed malls are experiencing, Promenade has seen a reversal of fortune under new direction, tenant investment and a shift toward mixed-use and experiential retail.
Birks acquires European Boutique to expand in Toronto
Montreal-based luxury jeweller Birks Group has completed the acquisition of Toronto’s European Boutique. The $9M transaction includes four premium mall-based locations, three mono-brand boutiques, a growing e-commerce business and the rights to operate the Diamonds Direct brand in Canada.
Farm Boy plans three new locations
Three Farm Boy stores are slated to open in Ontario. The Empire Company chain – which opened its 51st store in December – is expanding with two new locations in Ottawa and one in Collingwood.
Woodstock food processing plant set to close
A food processing plant in Woodstock is set to close its doors later this year. Officials with Kerry, a multinational with interests in food, beverage, biotechnology, pharma and proactive health industries, say the company is transferring operations to other sites.
The twists and turns of CURV
On the corner of Burrard and West Pender streets, inside a splashy, ground-floor sales centre in the heart of downtown Vancouver, sits a large model of what was poised to be the tallest residential condo tower in the city, complete with twinkling lights up the side of its 60 storeys.
30,000 more annual housing starts without trade barriers
A new analysis by the national housing agency estimates Canada could add 30,000 more housing starts annually by eliminating interprovincial trade barriers. CMHC says that would push the total number of annual housing starts close to 280,000 over time.
Council rezones former CBC Calgary HQ site for housing
Calgary city council voted unanimously to rezone a vacant site in the city's northwest, where CBC Calgary was headquartered for six decades. The land use amendment related to a proposal from Anthem Properties to build three apartment buildings.
Real estate podcasts
Matt Albertine & Bill Pavlopoulos, Colliers: The future of industrial, CRE Library
David Basche, Astria Properties: Retail's new frontier, VCREP
Jim Ritchie, Tridel: Toronto’s condo evolution, CRE Podcast
Starwood strikes $2.2 billion real estate deal with Brookfield
Starwood Property Trust agreed to acquire Fundamental Income Properties for US$2.2 billion. It’s acquiring Fundamental’s operating platform and real estate portfolio from Brookfield Asset Management. The deal includes 12 million square feet of space across 467 properties.
Vornado lands $450M loan for Manhattan tower
Vornado Realty Trust has obtained a US$450M refinancing loan for PENN 11, a 1.2 million-square-foot office property in Manhattan. The five-year note has a fixed rate of 6.35 per cent and is scheduled to mature in August 2030.
Immigration crackdowns are driving construction costs up: Prologis CEO
The chief executive officer of Prologis Inc., a real estate investment trust that owns and runs warehouses, said U.S. immigration policy is causing a labour shortage that’s driving building costs higher.
European CRE stuck in 'zombieland' as recovery proves elusive
Europe's CRE market is defying expectations of a recovery as investor caution pins property sales to near-decade lows. Some investors and banks, recognising the outlook remains weak, are even beginning to step in to offload or restructure distressed assets.
Industry Events
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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Ottawa Real Estate Forum
Oct 09 2025
Rogers Centre, Ottawa
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Saskatchewan Real Estate Forum
Oct 16 2025
TCU Place, Saskatoon
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