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A 'generational opportunity' for office buyers: Josan Properties

6 days ago

A 'generational opportunity' for office buyers: Josan

Edmonton-based Josan Properties has closed on its acquisition of the Intact Building in Edmonton, the company’s second acquisition of a downtown office building in the city in two years.

Giant GTA co-op looks for Plan B as land sale wavers

A multimillion-dollar land sale city hall is banking on to help fund Toronto’s largest new co-op development in decades has been delayed in getting across the finish line.

Canada Pensions overseeing $1.2T revamp of PE model

For the likes of Blackstone Inc. and KKR & Co., a multibillion-dollar opportunity beckons from Canada. Some of the country’s biggest pension funds are looking to scale back their direct private equity bets, according to people familiar with the matter.

Primaris sells Calgary’s Northland Village site for $154 million

Primaris REIT (PMZ-UN-T) continued its disposition and capital recycling program with the Dec. 19 sale of Calgary’s Northland Village shopping centre and adjacent Northland Professional Centre for $154 million.

What the public service's office return could mean for Toronto

Nearly half of all of Ontario’s 60,000 public service workers are set to return to the office full time next week after years of hybrid work arrangements. They’ll join tens of thousands of private sector employees.

Why hotel investors are fighting over limited inventory

Jessi Carrier, Senior Vice President of Colliers Hotels Canada, discusses the current hotel investment landscape, from rising prices and limited inventory to regional shifts and technology's impact on valuations. Discover what's driving the market and where it's headed.

Sponsored by: Colliers Canada Brokerage

Call for public beneficial land ownership registry in Ontario

Anti-money-laundering experts are calling on the Ontario government to create a land ownership registry to crack down on criminals who hide illicit funds in real estate. Advocates say registries disrupt the flow of dirty money and stem rising housing costs.

For one plot of land, the Greenbelt scandal rages on

Minotar Holdings wants a judge to compel the province of Ontario to take the land back out of the Greenbelt or pay $300 million in damages for breach of contract.

Pineapple putting $13.7B mortgage portfolio on blockchain

Pineapple Financial Inc. (PAPL-A) is taking the first steps to transfer its $13.7-billion mortgage portfolio to the blockchain, a move the CEO of the Toronto-based brokerage says will lead to greater transparency and security as well as new product offerings.

Invesque sells 4 seniors housing assets in Canada for $31M

Invesque Inc. (IVQ-T) announced on Christmas Eve the company disposed of nine assets in December and provided notice of its intention to redeem all of the US$27.3 million principal amount of debentures in early 2026.

Pentagone stores in survival mode with debts of $7.6M

Quebec-based Pentagone is once again fighting for its survival after accumulating debts of $7.6 million, threatening to close its 41 clothing stores. The retailer filed a notice of intention under the Bankruptcy and Insolvency Act to avoid the worst.

Iconic Driediger Farms property in B.C. sells for over $23M

One of the Fraser Valley’s most well-known fruit farm operations has sold for $23.3 million. But rest assured, it’s not about to be turned into a massive subdivision, say the owner and realtors who secured the sale.

Construction launches on $98M rental project in Ottawa

Construction is underway on Phase 1 of a residential intensification project at Ottawa's Fisher Avenue and Baseline Road. Theberge Homes has broken ground on the 24-storey tower at 1350 Fisher Ave., the first of three planned highrises.

59-storey rental tower proposed to replace Midtown building

Plans have been filed to redevelop 250 Roehampton Ave. with a 59-storey purpose-built rental tower in Midtown Toronto, replacing an existing 11-storey apartment building currently on the property.

How metal is being added to Frank Gehry's Forma Condos

VIDEO: Toronto-born architect Frank Gehry, who died this month at the age of 96, is known for his unique designs featuring twisted metal. CBC's Haydn Watters visited Forma Condos to find out how his vision is being carried out.

Why 2026 will be a banner year for mergers and acquisitions

Canadian tourists are steering clear of U.S. vacations to protest President Donald Trump’s policies. In contrast, Canadian chief executives are streaming across the border to make acquisitions and ensure they stay onside with the protectionist White House team.

U.K. pension funds eye Brookfield’s $6.1B Center Parcs

Some of Britain's biggest public sector pension schemes are in talks to take a stake in Center Parcs as its Canadian owner, Brookfield Asset Management, finalizes a recapitalization of the holiday parks giant.

SoftBank to buy data centre investor DigitalBridge for $4B

SoftBank said Monday it has agreed to acquire DigitalBridge in an all-cash transaction valued at about US$4B. The acquisition underscores SoftBank’s push into infrastructure that supports artificial intelligence, as investors increasingly back data centres and other long-duration assets.

Wall St. property lands record $867M office-to-res loan

InterVest Capital Partners and Metro Loft have scored a US$867M conversion loan to turn a formerly troubled Financial District office tower into a massive apartment building. The developers are converting a 24-storey office tower.

How CRE professionals are designing their spaces

CBRE has moved into a 54,961-square-foot office at 300 N. LaSalle St. The location embraces the workforce trends the firm advises clients on, such as the need to provide interesting physical spaces to coax workers back to the office.

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