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Devimco launches Palma condos at Montreal's Solar Uniquartier
Devimco launches $120M Palma condos at Solar Uniquartier
Montreal developer Devimco has announced a $120-million condo building that will rise at the company’s ongoing master-planned Solar Uniquartier development in Montreal. Billed as Palma Condominiums, the 313-unit building will stand 19 storeys.
Property assessments no bargain for Ontario's retail landlords
Ontario’s outdated property assessments are an added hitch for retail landlords now contemplating vacant anchor spaces in regional shopping centres throughout the province. The Hudson’s Bay Company’s insolvency will soon empty out prime spaces in more than 70 major malls.
Repositioning stranded office buildings with sustainability
Studies indicate about 20 per cent of commercial office spaces could become stranded within the next decade. Cities such as Toronto, Montreal, Calgary and Vancouver face particular vulnerability. These spaces must be repositioned to meet new trends and sustainability targets.
Tackling real estate fraud through industry collaboration
GUEST SUBMISSION: Fraud continues to be a significant concern in the real estate industry, with new schemes emerging as technology advances. Fraud prevention requires industry-wide collaboration to effectively mitigate risks and protect all involved.
$52M Winnipeg multires tokenized by Polymesh, Ocree Capital
Securities dealer Ocree Capital has launched a regulated real estate platform in Canada, giving investors access to tokenized shares of commercial property on the Polymesh blockchain. Investors can access fractional shares of a 156-unit class-A multiresidential property in Winnipeg.
Demolitions are not always the answer
As demand for housing and infrastructure grows, contemporary approaches to construction and demolition pose major social, cultural and environmental challenges. The prevailing approach to redeveloping a site is one of re-establishing a tabula rasa — indiscriminately tearing down old structures.
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Mattamy to build 108 townhomes in Wateridge Phase 5
Mattamy Homes will expand its presence at the sprawling Wateridge Village community in Ottawa, with plans to add an additional 108 townhome units on a newly acquired block of land.
First residents could move into Senakw by the end of 2025
The first wave of residents could move into Senakw’s inaugural tower as early as the end of this year, marking a major achievement for the groundbreaking Indigenous-led development in Vancouver.
What does the purpose-built rentals trend mean for investors?
Highrise buildings that were solid investments for those looking to build their wealth and an opportunity for first-time homebuyers to enter the market are now being replaced by purpose-built rental buildings.
Are tariff fears over B.C. housing market overblown?
The Canada-U.S. trade dispute appears to be casting a cloud over British Columbia’s spring housing forecast, though one economist cautions against reading too much into on-again, off-again tariff announcements.
Winnipeg offers 5 properties for affordable housing projects
The city of Winnipeg is offering five surplus properties for sale or lease to build affordable housing. The sites are open to proposals from non-profit groups, Indigenous organizations and private housing developers.
Former Saltwire newspaper buildings still on the market
Seven months after the sale of Atlantic Canada's largest media company to Toronto-based Postmedia, the buildings that used to house the newspapers have yet to be sold. A tentative deal to sell Cape Breton Post building fell through last month.
Quality Inn hotel opens in Prescott
One of the largest hotels in Prescott’s history is now open for business. The 69-room Quality Inn, located behind the McDonald’s on Prescott Centre Drive, officially opened its doors to guests on Tuesday.
Couche-Tard is understating antitrust risks: 7-Eleven parent
Japan’s Seven & i Holdings says Canada’s Alimentation Couche-Tard (ATD-T) is downplaying the antitrust risks of a potential tie-up between the two retail giants, vowing it won’t be drawn into “limbo for multiple years” as regulators decide its fate.
BSR REIT sells Oklahoma City apartment building for $28.3M
BSR Real Estate Investment Trust (HOM-UN-T) has sold Bluff Creek Apartments in Oklahoma City, Okla. for gross proceeds of US$28.3 million. Bluff Creek was built in 1984 and has 316 apartment units.
SmartStop self storage seeks up to $972 million in NYSE listing
SmartStop Self Storage REIT is seeking to raise as much as about US$972 million in an offering as the self-storage facilities business looks to list itself on the New York Stock Exchange.
Naftali to buy Manhattan tower for more than $800 million
Naftali Group, a real estate developer with footholds in New York and Miami, struck a deal to buy a luxury apartment building on Manhattan’s Fifth Avenue for more than US$800 million.
U.S. CRE investment volume expected to increase 8%
Commercial real estate investment volume is forecast to increase by eight per cent this year, according to CBRE’s latest global real estate capital flows report. The industrial and logistics sectors attracted the most cross-regional investment, the report said.
Blackstone’s final bid values Warehouse REIT at $632M
Funds managed by Blackstone Inc. made a final bid for Warehouse REIT Plc, upping their offer by 4.1 per cent and valuing the U.K. industrial landlord at £489 million (US$632 million).
Industry Events
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Western Canada Apartment Investment Conference
Apr 22 2025
Vancouver Convention Centre
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Vancouver Real Estate Forum
Apr 23 2025
to Apr 24 2025
Vancouver Convention Centre
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Edmonton Real Estate Forum
May 27 2025
to Feb 27 2025
Edmonton Convention Centre
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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