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Harrison Street, PC Urban partner on Vancouver workforce apt. towers
Harrison Street, PC Urban partner on workforce apt. towers
Harrison Street Asset Mgmt. has become the majority partner, with PC Urban, in a plan to develop Vancouver’s first apartment towers designed specifically for hospital and healthcare workers at Vancouver General Hospital. It's a $265M investment.
Desjardins buys stake in Avenue 31 industrial buildings
DGAM Canadian Private Real Estate Fund and the Desjardins Group Pension Fund have acquired an 80 per cent stake in two Avenue 31 industrial buildings in Ottawa's 88-acre National Capital Business Park for $77 million.
Sun Life invests $2.95B in BGO, Crescent, Bell Partners
Sun Life Financial Inc. (SLF-T) completed its acquisitions of BGO and Crescent Capital Group and also announced its intent to acquire U.S. multifamily property company Bell Partners Inc., marking a multibillion-dollar investment in its real estate holdings.
$8.8B plan to cut development charges 50% in Ontario
The federal government and Ontario will spend $8.8-billion to reduce the province’s municipal development charges by up to 50 per cent, offering another boost to builders at a time when new home sales across the country have plunged.
B.C.’s development industry wants in on tax rebate
B.C.’s development community wants in on the tax rebate on newly built homes for all buyers, including some investors. Only first-time buyers get a break on the five-per-cent federal GST on homes up to $1 million.
Office real estate in Canada still faces an uncertain future
Canada’s office real estate market is starting to recover after years of employers shedding space in favour of remote work. But while some major cities are seeing increased leasing activity, many investors remain cautious about the sector.
Downtown group opposes office tower at Waterfront Station
James KM Cheng Architects has applied to the City of Vancouver for a preliminary development permit for Cadillac Fairview for the surface parking lot at downtown 601 West Cordova St. The plan is opposed by the Downtown Waterfront Working Group.
Canadian CRE is warming up to AI, but slowly
Increased efficiency and reduced costs. That is what AI promises the CRE industry. It’s a tantalizing promise, but despite the big buzz around big tech, a recent report shows uptake of AI solutions in the commercial segment has been underwhelming.
AIMCo earned 7.5% in 2025, sees 'attractive deal flow' in RE
Alberta Investment Management Corp. aims to take advantage of pressure in private credit and infrastructure, positioning itself as a buyer when some fund managers sell off assets to raise cash.
Massive grocery and entertainment complex for GTA mall
A massive new food and entertainment concept is coming to Oakville Place in Ontario. The indoor shopping centre is preparing to be the home of Nations Experience, a "foodertainment" concept by multicultural grocer Nations Fresh Foods, spanning 120,000 square feet.
Fort McMurray looks to diversify its local economy
An iconic destination for oil and gas workers, Fort McMurray Wood Buffalo is looking to deepen the largely rural municipality’s economy. Two major new commercial developments are now moving forward.
Metro Van., Surrey at odds over major development plan
The City of Surrey is once again trying to get Metro Vancouver to give the go-ahead for a major land use re-designation that paves the way for housing development in an area known as Hazelmere.
Ontario developer ordered to tear down building
The Town of Ajax has won a second court challenge against Woodbridge developer First Avenue Properties, four-and-a-half years after the company began construction on a four-storey structure without the necessary permits.
Huge skyscraper plan for Toronto's historic pawn shop row
Toronto's historic row of pawn shops at Queen and Church could soon be redeveloped into an enormous condo tower. A long-planned redevelopment is back on the table after a previously approved vision was sent back to the drawing board.
Brampton committee backs three-tower project
Despite opposition from residents, a three-tower residential development from Blackthorn Development Corp. is coming to the eastern edge of Brampton. The towers — 12, 13 and 14 storeys high — would be connected by a four-storey podium with ground-floor retail space.
Brookfield buys Blackstone’s Fidere portfolio for $1.4B
Blackstone has sold its entire Fidere residential portfolio in Spain to Brookfield Asset Management for a gross purchase price of €1.2-billion (US$1.4-billion), the U.S. private equity firm said late on Monday.
Apollo looks to Sun Belt for second HQ and growth engine
Apollo Global Management is planning to open a second headquarters in the American South that will host its future hires. The asset management giant, which has over US$900B in AUM, is considering Austin, Nashville and South Florida.
Nuveen buys retail portfolio for $298M
Nuveen has bought a seven-property retail portfolio for US$298 million, according to public records. Sterling Organization sold the assets on behalf of the Sterling Value Add Partners II and Sterling Value Add Partners III funds.
Mallmaxxing: Teens are making malls cools again
Against all odds, the mall is winning over American teens: they’re getting their ears pierced; they’re buying jewellery; they’re trying on outfits that make their parents shudder; they’re even learning to stand in line and hang out IRL.
Industry Events
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Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal -
BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre -
Edmonton Real Estate Forum
May 13 2026
Edmonton Convention Centre -
Land & Development
May 27 2026
Metro Toronto Convention Centre - North Building
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