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High-density land values nosedive in Greater Toronto Area

1 week ago

High-density land values nosedive in Greater Toronto Area

The high-density land market in the City of Toronto and its suburbs experienced a significant decline in pricing and investor sentiment in Q2, according to the latest GTA High Rise Land Insights Report from Bullpen Research & Consulting and Batory Management.

CMHC studies find no evidence REITs charge higher rents

Critics have accused REITs of being part of the affordability problem, claiming they drive up rents, “financialize” the rental market and force aggressive tenant “renovictions.” But new research from Canada Mortgage and Housing Corp. tells a different story. 

Private investors fuel $479M in office transactions in Calgary

Calgary accounted for more than half the value of all office deals in Western Canada in the first half of 2025, according to Altus data. The city saw 26 deals worth $479M in the first half of the year.

H&R sells Canadian Pacific Building in Toronto for $20.2M

Toronto-based H&R REIT (HR-UN-T) has confirmed the sale of the Canadian Pacific Building, a landmark office property at 69 Yonge St. that’s set to be redeveloped into a 127-unit condo through adaptive reuse.

Top U.K. designers Allies & Morrison open up shop in Toronto

Toronto, says architect and urban designer Alfredo Caraballo, “is on the up.” Allies and Morrison, the London-based firm where he’s a partner, has opened a Toronto office, and with it a new chapter in the city’s architectural story.

No time for timidity

An escalating housing crisis, shifting economic conditions, volatile energy markets and growing global pressures are reshaping how we think about the built environment. Canada is at a crossroads - green building offers a way forward. 

Sponsored by: Canada Green Building Council

Consulting giant Bain & Co. expands with Montreal office

U.S. consulting company Bain & Co. is raising its bet on Canada with the launch of a new office in Montreal, deepening its relationships in the country at a time of significant upheaval for many businesses.

Trez Capital halts redemptions across five real estate funds

Trez Capital suspended redemptions across five funds as the private real estate manager works through “elevated” withdrawal requests from investors, ongoing loan funding needs and debt workouts. Trez said the effort was intended to protect all unitholders.

Private capital fundraising off to strong start in 2025: Preqin

Private capital fundraising in Canada made a comeback in the first five months of the year, reaching nearly the same level of aggregate capital raised in all of 2024, according to a new report from private markets data provider Preqin.

Sienna offers $175M in debentures; closes GTA acquisition

Sienna Senior Living Inc. (SIA-T) announced it will issue $175M of series E senior unsecured debentures, with an interest rate of 4.112 per cent. The company also completed its previously announced $60.2M acquisition of Credit River Retirement Residence.

Real estate leaders call for police investigation of iPro Realty

An investigation into a GTA-based real estate company’s mismanagement of nearly $10 million will remain in the hands of the provincial regulator for now, Peel Regional Police told the Star, but industry leaders say police should investigate immediately.

Rohe's prefab housing unfolds at the building site

Foldable phones are no longer a fantasy but a mainstream device in people’s pockets. If Vancouver-based Rohe Homes Ltd. has its way, we may also see a lot more foldable homes arriving in our neighbourhoods.

Cambie group seek judicial review of large rental project

The Cambie Corridor Neighbourhood Association is seeking a judicial review of Vancouver city council’s unanimous approval in July of a large-scale housing project that will not include below-market rental homes.

Work halted at Van. multiplex projects too close to power lines

Vancouver's highly touted multiplex zoning aims to pack more homes onto residential lots, but at least nine projects under construction have been hit with stop-work orders after the city determined they were too close to high-voltage overhead power lines.

Commercial properties still turn to rooftop solar

Large-scale rooftop solar projects have yet to gain widespread traction with Canadian developers. Financing can be complex and it can take time for developers to gain returns on their investments, but new solar projects are still being announced.

Revetas Capital to manage Deutsche Finance America's $4B CRE portfolio

Revetas Capital is taking control of a $US4B real estate portfolio owned by a group of German pension funds and other investors. The London-based fund manager has been appointed to reposition Deutsche Finance America’s investments.

Amazon expands space at WeWork’s offices in Midtown Manhattan

Amazon.com signed a new lease with WeWork that will allow the retailer to expand its presence in Manhattan. The tech giant agreed to take an additional 259,000 square feet at 1440 Broadway.

Pacific Retail JV buys 2-million-sq.-ft. Los Angeles mall

Pacific Retail Capital Partners, Lyon Living and Silverpeak have purchased Lakewood Center, a 2-million-square-foot super regional shopping mall in Lakewood, Calif. The new owners plan to reposition the property into a mixed-use community hub.

Savills sees deals for Central London stores at seven-year high

The post-Covid revival of London’s busiest shopping district is gaining momentum, putting the U.K. capital on course to notch up its highest level of retail property deals by value since 2018.

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