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Almadev begins building 800 condos at Toronto's LSQ

2 weeks ago

Almadev begins building 800 condos at Toronto's LSQ

Almadev has broken ground on two condo towers comprising the first phase of LSQ, a 15-acre master-planned, mixed-use community on Sheppard Avenue East in the Toronto suburb of North York.

How Canada should handle the trade war: Frum 

Canada faces difficult times ahead. That reality was the overriding undercurrent at the Vancouver Real Estate Forum, where CRE leaders came together with issues like tariffs, the Canadian election, immigration and economic policy at the forefront of their minds. 

The new PM's 12 labours for our troubled economy

Mark Carney climbs aboard a cracked raft, buffeted by the winds of a weakened economy and crushed by debt. Like a modern-day Hercules, he must complete 12 labours, each more perilous than the last.

PSP buys developers' $2.5B stakes in Washington project

The developers that brought a 3.5-million-sq.-ft. mixed-use project to D.C.'s waterfront have sold their interests in the property to Canadian pension fund PSP Investments. The deal gives PSP full control over a majority of The Wharf.

The shift west: Alberta and B.C. rise as key players in Canada’s real estate future

Alberta and British Columbia are leading Canada’s next wave of real estate development and investment. What’s happening in these provinces signals a broader shift in Canada’s economic trajectory — one that policymakers, investors and urban planners must take seriously.

Sponsored by: Trez Capital

Newcold to build $222M cold-storage facility in Alberta

Dutch food logistics and cold-storage leader NewCold is investing $222-million into a new facility in Coaldale, Alta. It will span 320,000 square feet and stand 150 feet tall.

Updating RENX and our sister publications

As Squall Media grows our B2B news platforms, we are adjusting newsletter schedules for two of RENX's sister publications. The RENX newsletter will continue to be emailed to your in-boxes daily Monday-Friday. The Sustainable Biz Canada newsletter moves to a Monday-Wednesday-Friday schedule, with RENX Homes newsletters now published Tuesdays and Thursdays. Each site will continue to present the insightful, informative articles you've come to expect throughout the week.

Centurion CEO bets on Canada's resilience in real estate

When John McKinlay stepped into the role of CEO at Centurion Asset Management Inc., it wasn't a leap into the unknown but a calculated move toward what he sees as the most resilient and opportunity-rich corner of the real estate sector.

Board change is needed at Parkland: advisory firm

A prominent shareholder advisory firm says it agrees with activist investor Simpson Oil that board change is needed at fuel retailer and refiner Parkland Corp., but is stopping short of calling for a complete overhaul.

Fewer interested parties in Pelican due to the trade war

To revive the insolvent company, the controller approached 235 potential buyers. Of these, 53 signed confidentiality agreements. However, only four offers were submitted — and only two included plans to continue the Quebec manufacturer's operations, including the successful Groupe Mach bid.

Gather Packaging returns paper bag manufacturing to Canada

In a move set to reshape the retail packaging industry in Canada, Gather Packaging has opened as a domestic manufacturer of sustainable paper shopping bags. The company's new Toronto production facility represents a multi-million-dollar investment.

New condo tower unlike any other in Toronto taking shape

Slate Asset Management and Globizen Group's One Delisle project is rapidly ascending from its site along Yonge Street, and over the past several months, the 44-storey condo development's standout architecture has grown much more apparent.

Mixed-use hotel and res. project planned for Vancouver

Another mixed-use residential and hotel project is planned next to the new Oakridge Park mall and near SkyTrain’s Oakridge-41st Avenue Station in Vancouver. A rezoning application — designed by GBL Architects and landscape architectural firm PMG — has been submitted.

35-storey tower pitched for major London street corner

Toronto developer Fitzrovia is proposing a 512-unit tower with ground-level commercial space, 77 underground parking spaces and 270 bike parking spaces at the southwest corner of Oxford and Richmond streets in London. 

CFIB to work with new gov't, opposition on tariff battles

The Canadian Federation of Independent Business says it looks forward to working with the new Liberal government and opposition to help deal with the tariff battle with the United States and China.

Trump's moves to remake America rattle CRE's recovery

Donald Trump reentered the White House 100 days ago with a far-reaching agenda that had the potential to reshape vast swaths of the American economy, with commercial real estate included.

Neumann’s Flow more than doubles valuation, eyes IPO

Adam Neumann, the former WeWork chief executive officer, raised more money for his new residential real estate company Flow in a funding round that values the business at roughly US$2.5 billion, according to people familiar with the matter.

Marriott buys citizenM hotel brand for $355M

Marriott International is scooping up yet another brand, acquiring global hotel chain citizenM for US$355M. Under the deal, the properties will continue to be owned and leased by citizenM but subject to new long-term franchise agreements with Marriott. 

NYC's Roosevelt Hotel gets redevelopment offer

Shahal Khan’s Burkhan World Investments and its partners are pitching the owner of the Roosevelt Hotel on a deal to redevelop the midtown Manhattan property, according to a document reviewed by Bloomberg News.

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