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TTCPP selects BGO to manage 1.7M-sq.-ft. CRE portfolio
TTCPP selects BGO to manage 1.7M-sq.-ft. CRE portfolio
EXCLUSIVE: BGO has been named the property and asset manager of the Toronto Transit Commission Pension Plan’s (TTCPP) 1.7-million-square-foot commercial real estate portfolio. TTCPP owns industrial, retail and office assets in the Toronto area and Alberta.
Oxford, EY sign DT Toronto's largest office lease of 2024
Oxford Properties has signed what it calls the largest lease this year in Toronto’s downtown core, with EY Canada at its namesake building. The long-term renewal includes a 50,000-square-foot increase in EY's space, to over 300,000 square feet.
Towers to be introduced at Markham Longo's retail site
The smaller of two adjacent proposals for Markham’s Brown's Corners area would introduce four towers ranging from 30 to 36 storeys. Designed by Arcadis for Longo's, the project would transform a site currently housing a supermarket.
Transit-oriented housing project breaks ground in Toronto
Construction has started on a new mixed-use, transit-oriented housing project that will deliver a total of 1,484 homes adjacent to TTC's Wilson Station. The developers are Tridel, Greenwin and KingSett Capital with the city and CreateTO supporting the project.
‘Village within a village’ for former Sarnia foundry site
Hamilton-based Southcoast Developments is seeking to construct a mixed-use commercial, office and residential development on a long-discarded piece of land in Sarnia’s northern Point Edward neighbourhood. The 17-acre site sits alongside three critical arteries.
530-unit project greenlit at former Sudbury hospital
The planning committee of Greater Sudbury's city council greenlit Panoramic Properties’ 530-unit residential Paris Street project, which is slated to replace the old hospital building. Three buildings are slated for the project, including a retirement home.
 | BTG Realty Advisors Inc. Shovel-ready Port Credit development site for saleBTG Realty Advisors Inc. has listed for sale 128 Lakeshore Road East, a prime shovel-ready development site prominently located in the heart of the affluent and picturesque Port Credit neighbourhood in Mississauga. Sponsored by: BTG Realty Advisors Inc. |
Le Massif de Charlevoix swears it is not for sale
Nearly a year after publicly announcing that it was looking for an investor for its next phase of development, Le Massif de Charlevoix still hasn't found one. The ski resort swears, however, that it is not for sale.
Vancouver's real estate sector accelerates AI embrace
The real estate industry, which has historically been reticent to adopt new technologies, is embracing artificial intelligence in several forms, ranging from enhancing visuals and engaging clients to summarizing strata documentation and improving realtor workflow.
Guzzo keeps control of his cinemas, for now
Against all odds, the Guzzo family will, for the time being, keep control of its movie theatre empire. But bowing to CIBC's arguments, a Quebec court still ordered the appointment of a receiver to force it to open Guzzo's books.
Hudson’s Bay withdraws from Oakridge Park redevelopment
Hudson’s Bay has officially withdrawn its plans to open a location within Vancouver’s reimagined Oakridge Park, a five-million-square-foot mixed-use project co-developed by QuadReal and Westbank. The vacancy creates new opportunities for innovative retail and community experiences.
Nike Flagship opens on Toronto’s Bloor Street
After more than a decade, Nike has returned to Toronto’s Bloor Street with the grand opening of its latest Canadian flagship, Nike Bloor. Located in the One Bloor East development, a ribbon-cutting was recently held at the 17,000-square-foot store.
Irving, other companies want to appeal land claim releases
Normally when defendants are released from a court case, it's considered a win. But more than a dozen New Brunswick companies previously named in an Aboriginal title claim aren't happy with the judge's decision to remove them.
5 proposals made for 111-acre P.E.I. bridge fabrication yard
Five proposals for redevelopment of the former Confederation Bridge fabrication yard at Borden-Carleton, P.E.I., are now in the hands of provincial and municipal officials. The site is where large concrete components were created for the span, which opened in 1997.
B.C. corruption fears plague RE and construction: Poll
Real estate and construction dominate the list of top corruption concerns in B.C., according to a new poll. A survey from Angus Reid Institute reveals 65 per cent of British Columbians believe the real estate industry is vulnerable to corruption.
Real estate podcasts
Adam Powadiuk & Aaron Cameron, First National: The state of lending, CRE Podcast
Alkarim Devani, MDDL: Building the missing middle, Canadian RE Investor
Derick Fluker: Capital gains, taxes and the changing face of development, VCREP
Wake-up coming for investors waiting for multifamily discounts
Since the September interest rate cut, the commercial real estate industry has been abuzz with optimism about an impending rebound from the turbulence it has endured since rate hikes began in 2022.
$2B community along Texas-Oklahoma border underway
A massive US$2-billion, master-planned community is making headway along the Texas-Oklahoma border with the start of construction on a hotel resort. Spanning 2,700 acres, Pointe Vista is expected to eventually feature 2,100 homes and multiple hotels.
Blackstone invests $500 million in Texas firm Lancium
Blackstone (BX-N) has reportedly invested US$500M into Texan data centre firm Lancium. Bloomberg reported that Blackstone recently closed the equity stake in Lancium, which plans to build five data centre campuses across West Texas totalling 5GW.
Vegas' Rio Hotel joins Destination by Hyatt after $340M revamp
The Rio Hotel & Casino in Las Vegas has officially become part of the Destination by Hyatt brand after completing the first phase of a US$340M renovation project at the resort, which is owned and managed by Dreamscape Companies.
Industry Events
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Western Canada Apartment Investment Conference
Apr 22 2025
Vancouver Convention Centre
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Vancouver Real Estate Forum
Apr 23 2025
to Apr 24 2025
Vancouver Convention Centre
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Edmonton Real Estate Forum
May 27 2025
to Feb 27 2025
Edmonton Convention Centre
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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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