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3 new buildings planned at GTA's 1.5M-sq.-ft. IP Park
3 new buildings planned at GTA's 1.5M-sq.-ft. IP Park
Intermarket Properties has developed three buildings at its 80-acre IP Park in Cambridge, a city just west of Toronto, and is ready to launch three additional buildings at the site.
Realstar names former Oxford exec Randy Hoffman new CEO
Realstar Group has chosen former Oxford Properties executive vice-president Randy Hoffman to be its next CEO, starting on May 5, to lead the growth of its Canadian multifamily investment platform.
Weihong Liu says she’s bid on 25 Hudson’s Bay stores
A British Columbia-based billionaire mall owner told the Star on Wednesday that she has placed a bid on 25 Hudson’s Bay stores after publicly disclosing her intent on Chinese social media.
Couche-Tard signs NDA with Seven & i amid takeover bid
Alimentation Couche-Tard (ADT-T) and Seven & i Holdings have signed a non-disclosure agreement (NDA). The NDA is meant to “progress transaction discussions, facilitate due diligence, and collaborate on plans to engage with regulators” related to Couche-Tard's takeover bid.
Simpson should not take over Parkland board: advisory firm
A prominent shareholder advisory firm says a dissident investor has not cleared the bar to justify taking control of Parkland Corp.‘s board of directors, but there is a case for change.
 | NORR Navigating the housing crisisThe escalating housing crisis demands radical thinking that challenges traditional paradigms. Learn how progressive funding models, developer incentives and policy changes are working to provide viable housing solutions. Sponsored by: NORR |
Cadillac Fairview dominates Canadian mall rankings
Cadillac Fairview continues to dominate Canada’s retail real estate landscape, placing nine of its shopping centres among the Top-20 highest-performing malls in the country, according to the 2024 ICSC Canadian Mall Property Performance List.
How long will rent prices keep falling in the GTHA?
A rise in supply caused rent prices in the GTHA to fall in the first quarter of 2025 compared to the first quarter of 2024 — and prices are expected to continue softening through the rest of the year.
Apartment starts soar in Alberta
An unprecedented number of purpose-built rental units broke ground in Alberta in Q1, despite the risks brought about by Donald Trump’s trade war. One reason, industry insiders say, is that the cost of land remains reasonable in Alberta.
NexLiving buys 50% interest in 169-suite Winnipeg portfolio
NexLiving Communities (NXLV-X) has acquired a 50 per cent ownership interest in a portfolio comprising 169 suites across eight multiresidential properties located in Winnipeg. The remaining 50 per cent of the portfolio will continue to be owned by Halifax-based VIDA.
Hyatt hotel, retail and office complex coming to Niagara
Ground has been broken on an eight-acre mixed-use commercial development to be called Clayfield Commons in Niagara-on-the-Lake. The project will include The Clayfield Hotel, a Foodland grocery store, 55,000 square feet of retail and 28,000 square feet of office space.
Over 6,500 new hotel rooms will open in 2025
Canadian hotel openings are set to reach their highest levels since the start of the COVID-19 pandemic. According to CBRE, this year will see 6,500 new rooms become available across the country.
Brookfield weighs U.S. manufacturing investment
Brookfield Infrastructure Partners LP (BIP-UN-T) is looking to invest in U.S. manufacturing operations. CEO Sam Pollock said the firm is looking at providing capital to companies planning new manufacturing in the U.S., similar to its US$30B deal with Intel.
Real estate podcasts
Sasha Cucuz, Greybrook: Co-Living, condos & capital, CRE Podcast
Jordan Menashe, Menashe Properties: Balancing tradition and innovation, TEN
Gary Pooni, Pooni: Hidden reasons we can't build fast enough, Vancouver Life RE
Brookfield hands 4.6M-sq.ft. Houston office campus to lender
Brookfield Properties has handed over Houston's largest office complex to its mezzanine lender and a Houston-based value preservation team. Stream Realty Partners announced it had completed an ownership transfer to a joint venture between itself and pension fund AustralianSuper.
CDPQ looks to sell Chicago office tower at steep discount
Canadian pension fund Caisse de Dépôt et Placement du Québec is seeking to sell a Chicago office tower in a deal that’s expected to generate bids 59 per cent lower than its last purchase price about eight years ago.
Starlight U.S. Residential Fund sells Las Vegas property
Starlight U.S. Residential Fund (SURF-U-X) has completed the sale of a 376-suite class-A institutional quality multifamily property built in 2014 and located in the Las Vegas for cash proceeds of US$103.5M.
Balsillie-owned golf venture partners with Saudi developer
GolfNorth International, a Canadian golf and resort management company owned by former BlackBerry co-CEO Jim Balsillie, is partnering with a Saudi Arabia developer to build luxury golf courses and resorts in the Middle East.
Industry Events
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Edmonton Real Estate Forum
May 27 2025
Edmonton Convention Centre
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Land & Development
Jun 05 2025
Metro Toronto Convention Centre - North Building
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Southwestern Ontario Real Estate Forum
Jun 11 2025
to Jun 12 2025
RBC Place London, Ontario
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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