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Data centre demands, developments surge: A Canadian update
Data centre demands, developments surge: A Cdn. update
As demand surges for data storage and cloud computing, data centres have emerged as one of Canada’s most dynamic and lucrative real estate asset classes. It's a sector garnering increasing attention, and will continue to expand.
Competition Bureau urges landlords to drop property controls
The Competition Bureau is urging retailers and landlords to drop or change competitor property controls that are not justified even if they do not raise issues under the Competition Act.
 | Design, Policy and Canadian Cities What’s stopping family housing development? Part II: It’s culture, not just costNaama BlonderArchitect, Urban Designer, Urban Planner | B.Arch, OAA, RPP, MCIP |
Rasmussen moves to MedSpace Canada as president
Scott Rasmussen, who has spent virtually all of his 17-year career in various aspects of the life and health sciences real estate sector, has been named president of Toronto-based MedSpace Canada.
Action plan to incentivize industrial development in Calgary
Calgary is stepping up efforts to incentivize more warehouses and factory-style businesses to set up shop within city boundaries. Calgary’s industrial growth has stagnated as manufacturing plants and distribution centres have set up in its cheaper neighbour, Rocky View County.
Vancouver approves revival plan for Granville strip
Following a number of amendments, Vancouver City Council unanimously approved the Granville Street Plan — a 20-year strategy to revitalize the Granville Entertainment District. The plan envisions transforming the street with hotel, office, retail, restaurant, bar and other entertainment uses.
 | First National Financial LP Hazelview, First National secure major CMHC loanHazelview Investments, with financing from First National Financial LP, has secured one of the largest CMHC-insured loans under the MLI Select program to develop 856 purpose-built rental homes at Bloor Street West and Dufferin Avenue in Toronto's West End. Sponsored by: First National Financial LP |
Toronto wrangles with a simple question: What is a multiplex?
According to the City of Toronto, a multiplex built in neighbourhoods zoned for low-rise residential can have up to four units. A council committee will begin considering whether to stretch that definition, so multiplexes can have up to six units.
Colliers partners with global infrastructure investment bank
Colliers (CIGI-T) has entered a definitive agreement to acquire a controlling interest in Astris Infrastructure, a global investment banking firm specializing in infrastructure and energy transition.
Nesto Group launches commercial mortgages in Quebec
Montreal-based Nesto Group, which specializes in virtual mortgages, has established a team that will offer commercial mortgage services in Quebec. It comes just under a year after Nesto acquired Vancouver-based CMLS Group which has strong presence outside Quebec.
Sign of progress at Vancouver's first Costco Business Centre
Metro Vancouver’s first Costco Business Centre may be a ways out from opening its doors to the public, but keen shoppers in the region have spotted signs of progress at its future location.
Rogers clears all approvals to buy Bell’s MLSE stake
Rogers Communications has received all necessary league approvals to buy rival Bell’s 37.5 per cent stake in Maple Leaf Sports & Entertainment, the telecommunications company said. Rogers announced Sept. 18 it was buying Bell’s stake for $4.7 billion.
Is the Surrey flash sale a shift in B.C.’s condo market?
A rare real estate flash sale in Surrey City Centre made waves last week. Square Nine Developments slashed prices on its Belvedere condo tower, drawing hundreds of prospective buyers. Of the 78 homes released, 63 were sold by Monday.
Life leases occupy complicated market niche
It might seem like a dream, a guaranteed place to live for as long as you need without the hassle or exceptionally high cost of a home. But how exactly do these arrangements work? And are they a good idea?
Canadian snowbirds are giving up on the U.S.
There are over 100,000 Canadians with short- or long-term residences in Arizona — making up the largest share of the state’s international property owners. This year, it's busier than ever, but for the first time it’s not with buyers.
Real estate podcasts
Yara Berbari, JLL Dubai: Building for well-being, Tenant Experience Network
David Ian Gray, DIG360: Why Nordstrom left Canada, VCREP
Todd Spencer, Rethinking rental housing in a changing market, People Who Perform
Brookfield office tower sells for 42% less than 2005 price
A unit of Brookfield Corp. sold an office tower in downtown Los Angeles for US$210 million, 42 per cent less than its purchase price in 2005. The 52-storey building is 73 per cent leased.
$81B public fund pivots from office and retail with high-profile sales
The largest U.S. sovereign wealth fund is looking to rebalance its real estate holdings, shedding assets that weighed on its first-quarter returns. The Alaska Permanent Fund is looking for buyers for some of its retail and office properties.
PG&E completes $906M headquarters purchase
Pacific Gas and Electric Co. has completed the acquisition of its headquarters building at 300 Lakeside Dr., a 910,000-square-foot office tower in downtown Oakland. The deal closed at US$906 million, San Francisco Business Times reported.
Related Argent’s $10.9B next act In North London starts to take shape
How do you follow up the US$4.1B urban regeneration of King’s Cross, regarded as one of the most successful urban regeneration projects in modern history? For Related Argent, the answer is to launch a project over twice its size.
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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