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Capital, Kilmer partner on Toronto multires development

1 day ago

Capital, Kilmer partner on Toronto multires development

After passing on several potential multifamily development sites together over the years, Capital Developments and Kilmer Group have found one to their liking. They are moving forward with a 34-storey purpose-built rental building in Toronto’s Willowdale community.

Snaile and Accessa partner for smart locker innovations

Snaile and Accessa have teamed up to launch Snaile Hub+, a smart locker platform that provides property managers with what the firms call a solution extending beyond package management.

As market shifts, developer plans new data centre

As Toronto sees a rise in data centre development, Beeches Development plans to build a seven-storey data centre that will be located in the city’s Leaside neighbourhood at 154 Wicksteed Ave.

Final curtain for strip club 6 years after $51.5M sale

Filmores Hotel strip club in the heart of downtown Toronto has announced its “final curtain” at the landmark building — sold six years ago to developers — will be held at the end of January. 

Kitsilano Safeway closes for redevelopment

At 9 p.m. on Saturday, Jan. 31, after decades of business, Safeway in its current form at 2315 West 4th Ave. — within the core of the West 4th Avenue retail strip in Vancouver’s Kitsilano neighbourhood — will shutter.

Two-storey grocery store set for Vancouver parking lot

A new two-storey commercial building will be constructed on one of the most under-utilized and prominent sites along the West Georgia Street corridor in downtown Vancouver. The project is being led by developer Austeville Properties.

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

Farhi proposal for 38-storey tower needs more study

City of London planning staff recommend a proposal to build a 38-storey tower at the corner of York and Colborne streets be refused, pending further study of the potential effects of a nearby gas-burning energy plant.

KaleMart24 expands rapidly, plans GTA entry in 2026

Montreal-based KaleMart24 is continuing a rapid expansion across Canada, announcing multiple new locations and confirming its first downtown Toronto store as part of an ambitious growth plan for 2026. 

Historic Sunrise Market in Vancouver listed for sale

One of Vancouver’s longest-serving, family-owned independent grocery stores, Sunrise Market, is officially listed for sale. The grocery store has been a fixture in the heart of the Downtown Eastside and broader Chinatown area since 1961.

Apple announces opening for new Montreal flagship store

Apple has confirmed its Sainte-Catherine Street retail presence in Montreal is moving to a new location, with the relocated Apple Sainte-Catherine store to open to the public Friday, Jan. 16. 

Bus barns redevelopment in Saskatoon welcomes tenants

The Saskatoon company redeveloping the city’s decommissioned Caswell Hill bus barns recently welcomed its first tenants and is now searching for the final pieces for its new arts and culture hub.

Vancouver identifies 50 unoccupied 'problematic properties'

A Vancouver city staff analysis conducted in connection with the creation of a new bylaw to address safety concerns over unoccupied buildings has identified at least 50 “problematic properties” to be addressed by city departments.

New rules for calculating rent increases in Quebec

The new revised calculation for setting rents officially came into effect in Quebec on Jan. 1. The government says these changes are intended to simplify the current method and improve its understanding for both tenants and landlords.

Is Fredericton buying out the NBEx lease a smart move?

A Fredericton commercial real estate broker says the city’s desired expropriation of the leasehold agreement with the NBEx could pay for itself in development if it all works out, but it’s far from guaranteed. 

Software promises banking-level security for RE transactions

DealTrack aims to make the transaction process more efficient and transparent by connecting users (buyers, sellers, brokers, agents, lenders, lawyers, etc.) in one network and providing full visibility through every step of the sale process. 

Brookfield Properties rebranding its retail division to GGP

Brookfield Properties is renaming its retail division after the Chicago-based mall owner it acquired in 2018. The retail division, renamed GGP after General Growth Properties, will not see any organizational change and will continue to be based in Chicago.

The curious cult of Aldi: German chain expands in U.S.

With ambitions to have more than 3,000 locations by the end of 2028, Aldi US plans to operate more grocery stores in the country than any other chain but Walmart Inc. 

A Newmark executive on the office lease renewal cycle

Commercial Property Executive spoke with David Bitner, executive managing director of global research at Newmark, about what a wave of lease expirations means for renewal behaviour, tenant demand, market fundamentals and the U.S. office sector’s trajectory.

The pension fund pledging over $2.7B to back U.K. rentals

The need for pension funds to invest in U.K. real estate was a big mantra in 2025. But the US$2.7B (£2B) deal that closed out the year wasn't the typical U.K. pension fund transaction.

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