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Harrison Street adjusts Canadian strategy, sees strength in alternatives
Harrison Street adjusts strategy, sees strength in alternatives
Global investor Harrison Street Asset Management is lauding the opportunities in Canada’s alternative property market despite broader economic uncertainty. It has recently entered a JV to develop new student housing, and sold a $100M self-storage portfolio.
FIRST Capital REIT to reorganize its business structure
First Capital REIT (FCR-UN-T) plans to reorganize its corporate structure by eliminating its real property subsidiary First Capital Realty and moving all of its assets into subsidiary partnerships and trusts, the REIT has announced.
'We have nowhere to sit:' Toronto bank workers' RTO woes
Mere weeks into one of Toronto’s largest return-to-office pushes since the pandemic, workers at Canada’s big banks are getting increasingly frustrated by limited space and equipment, several sources told the Star.
Vancouver office landlords invest in space to gain an edge
Vancouver office tenants have the upper hand for the first time since 2004, and that’s putting the onus on landlords to upgrade space as tenants keep a tight rein on capital outlays.
Imperial Oil's exit major blow to company's Quarry Park home
The looming departure of Imperial Oil from it’s decade-long home in Calgary’s Quarry Park will leave a large vacuum in the business hub, commercial real estate experts say. The energy giant is the largest tenant in the southeast business park.
DXC opens new innovation centre in Halifax
Fortune 500 global technology services provider DXC Technology has announced the opening of a new Innovation Centre in Halifax, strengthening its long-term commitment to customers and growth in Canada. The new centre is within the Manulife Business Campus.
Two flexible workspace locations open in Moncton
International Workplace Group has added its first flexible workspace locations in Moncton with Regus at 720 Main St. and a new HQ-branded workspace at Commerce House, located at 236 Saint George St.
Auditor criticizes building firm approval process in Ontario
Construction companies with a history of building faulty homes are being fast-tracked for licenses by the provincial regulatory authority created to hold builders to account, said the Ontario Auditor General.
Homebuilders anxious for details on new prefab policy
Three weeks ago, Prime Minister Mark Carney launched the $13-billion Build Canada Homes program and promised it will showcase “modern methods of construction,” including prefab and mass timber, to cut costs and completion times.
PBO reports sharp improvement in home affordability
As Parliamentarians spar over how to make housing more affordable, Ottawa’s fiscal watchdog is reporting significant progress in closing that affordability gap nationally — but the picture looks very different across the country.
A once-dashed tower may finally rise in London, Ont.
What’s old is new again as a proposal from developer Red Maple Properties, quashed by city council four years ago over height and sewage capacity concerns, is back on the table amid a new housing reality.
Real estate podcasts
Matt Giffune, Occupier: From CRE broker to PropTech founder, TEN
Tony Irwin, Rental Housing Canada: Federal housing policy, CRE Podcast
Rod MacKay, William Wright: CRE is waking up, VCREP
Hotel, industrial complex to replace former Hamilton inn
One of the most significant development projects in Hamilton's Ridgetown area in decades is already underway. JDass Corp., a multifaceted company based in Mississauga, has begun renovating the 22-acre site of the former Bateman Inn on Victoria Road.
23-storey hotel and rental tower proposed for Burlington
On Burlington’s downtown shoreline, Vrancor Development Corp. has filed plans to redevelop 2076 Old Lakeshore Rd., with a 23-storey mixed-use tower designed by NEUF architect(e)s, combining hotel suites with rental apartments.
New $12M warehouse to store 50,000 tires in Quebec
A tire distribution giant has invested $12 million in a warehouse in Quebec City to hold 50,000 tires. Located in the Saint-Malo industrial park in Quebec City, the warehouse has a surface area of 100,000 square feet.
iPro Realty collapse: Tax payments are missing
The trail of wreckage continues to expand following the collapse of Ontario mega-brokerage iPro Realty Ltd. as more of those affected come forward to describe the growing tally of money lost and trust broken.
Brookfield raises $4 billion for infrastructure debt fund
Brookfield Asset Management raised over US$4 billion for an initial close of its fourth infrastructure debt fund. The raise for Brookfield Infrastructure Debt Fund IV is inclusive of fund commitments and strategic capital from the firm’s investor base.
Meta signs $14B deal with AI cloud firm CoreWeave
CoreWeave has secured a cloud computing contract worth as much as US$14.2B with Meta, the latest in a string of massive Big Tech agreements inked by the neocloud provider as it rapidly expands its data centre portfolio.
Sotheby’s sells NYC office to Weill Cornell for $510 million
Sotheby’s sold its former headquarters on Manhattan’s Upper East Side to Weill Cornell Medicine. The auction house sold the property for US$510 million. The building, located one block from the East River, was Sotheby’s home from 1980.
The zombie tenant trap: When occupancy numbers lie
On paper, a building may appear 70 per cent occupied. In reality, it may be bleeding cash and barrelling toward default. This is the essence of the “zombie tenant trap,” a problem increasingly common in today’s office market.
Industry Events
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Saskatchewan Real Estate Forum
Oct 16 2025
TCU Place, Saskatoon
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BUILDEX Alberta
Oct 22 2025
to Oct 23 2025
BMO Centre at Stampede Park, Calgary
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Calgary Real Estate Forum
Oct 29 2025
BMO Centre Expansion, Stampede Grounds
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Atlantic Real Estate Forum
Nov 04 2025
Halifax Convention Centre
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Global Property Market
Dec 02 2025
Fairmont Royal York
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