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'Stars line up' to accelerate growth: Mainstreet's Bob Dhillon
'Stars line up' to accelerate growth: Mainstreet's Bob Dhillon
Bob Dhillon, the founder, president and CEO of Mainstreet Equity Corp., (MEQ-T) believes the time is now for his company to accelerate growth — citing a unique convergence of market forces, liquidity and a long-standing mid-market strategy rooted in Western Canada.
Manulife JVs with Cedar Podium on Kingston PBSA tower
Manulife Investment Management is partnering with Cedar Podium Investment Management to develop a 15-storey purpose-built student housing tower in Kingston, Ont., where site work is already underway prior to the start of building construction.
Republic and Harlo list Scarborough Junction mega-site
Five years after first launching the vision for a sprawling mixed-use community in Scarborough, Republic Developments and private equity firm Harlo Capital are putting their sprawling Scarborough Junction master-planned community, with 7,655 approved units, on the market.
Stantec designing multiple AI data centres in Alberta
A data centre development company has embarked on a multi-year program to build AI data centres across five municipalities in Alberta. Beacon AI Centers, backed by Nadia Partners, has enlisted Stantec to oversee the project’s design and engineering.
Metro Vancouver office leasing heats up
Office leasing activity in Metro Vancouver had a strong start to the year, seeing the most activity since Q1 2018 to help nudge down vacancy in the region. Regional vacancy declined to 9.1 per cent in Q1 2025.
 | OleaDev OleaDev celebrates five years of successOleaDev proudly celebrates its fifth anniversary, marking significant milestones in commercial real estate development across Quebec and Ontario. Sponsored by: OleaDev |
Canadian Tire has never been more Canadian — it’s working
OPINION: Canadian Tire is on the rebound, though some steps it’s taking to protect itself from the uncertainty of the U.S. trade dispute might suggest otherwise. Profits at the flagship retailer more than quadrupled last year, to $888 million.
Super C opens Montreal store, plans two more for Quebec
A Super C grocery store has opened in Montreal. The Metro-owned Quebec discount grocery chain set up shop at 1295 De Lorimier Ave. last week. Spanning 25,000 square feet, the store is the 114th Super C in Quebec.
Construction starts on $197M student housing building at SFU
Construction is now officially underway on another major student housing building atop Burnaby Mountain, serving the growing needs of Simon Fraser University’s (SFU) main campus. This will be a mixed-use, eight-storey building with mass-timber construction providing 445 student beds.
Rental building proposed for pub site in The Beaches
The site around the closed Murphy’s Law Pub in Toronto is now the subject of a development application. The Sud Group of Companies has submitted a plan for The Beach House which proposes an 11-storey rental apartment building.
Single-family rentals outpace multifamily growth
Canada’s rental housing landscape is shifting, with single-family rental (SFR) households growing at a faster rate than multifamily rentals. According to Pointe2Homes research, SFR households increased by nearly 15 per cent, surpassing the 9.4 per cent growth in multifamily rentals.
Calgary transit hub getting 350 new homes
The City of Calgary has announced a development project that will bring 350 homes to Franklin Station — half of which will be affordable housing. The city will be partnering with housing developer Onward to bring new life to this community.
Peter Sergakis partners with Hilton on The Railwayparc
At 78, Montreal businessman Peter Sergakis continues to surprise. This time, he's preparing to open a chic boutique hotel bearing the famous Hilton name. After bars, restaurants, shopping centres, rental apartments and organic farming, he wanted to build a hotel.
Swanky hotel to open in downtown Calgary with rooftop bar
A new hotel is coming to Calgary, and this swanky destination brings together peak luxury with eco-friendly design. The Element by Westin Calgary Downtown plans to open its doors early this summer on 4th Ave. SW.
Halton weighing options on CN’s nearby hub after court loss
Halton Region is exploring what legal and regulatory means remain at its disposal in the wake of the Supreme Court’s recent decision not to hear its appeal over the federally approved CN intermodal hub in Milton.
Real estate podcasts
Brian Buffini, Buffini & Co.: Surviving a market downturn, Canadian RE Investor
Bader Elkhatib, CentreCourt: Condo market recovery? CRE Library
James Nelson, Avison Young: The insider’s edge perspective, Tenant Experience Network
Timbercreek launches fund to buy short-term rentals in Spain and Portugal
Toronto-based Timbercreek Capital Inc. (TF-T) recently launched a Southern Europe Serviced Apartment Fund that buys apartment buildings, renovates them to five-star standards, then rents to tourists, business travellers and “digital nomads” who choose to work from exotic locations.
Canadian investor buys four Chicago parking garages
At a time when many parking companies are struggling, a Canadian upstart has gobbled up garages totalling over 3,000 spaces in downtown Chicago. Toronto-based Clermont has paid well over US$100 million to buy four garages.
Investors and lenders want office again
The U.S. office market has struggled to find favour among investors as occupancy shrank and valuations plummeted coming out of the pandemic. But now valuations are getting to a place where investors and lenders are interested again.
Telecommunications, office, self-storage advance in Q1 tracker
Nareit tracks quarterly investment holdings for the largest actively managed real estate investment funds focusing on REIT investment for insights into expert investor sentiment. In the first quarter of 2025, active managers continued to shift allocations to telecommunications, health care, and office.
Industry Events
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Southwestern Ontario Real Estate Forum
Jun 11 2025
to Jun 12 2025
RBC Place London, Ontario
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Montréal Real Estate Forum
Jun 17 2025
to Jun 18 2025
Palais des congrès de Montréal
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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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