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Industrial land site attracts interest north of Toronto
Industrial land site attracts interest north of Toronto
A group of private investors hopes an ongoing development boom in a region just north of the Greater Toronto Area means this is a good time to market a tract of land near the town of Alliston.
PC Urban grows rental pipeline amid market turbulence
PC Urban principal Brent Sawchyn gives the impression of being calm and at ease when discussing this period of instability and uncertainty in Vancouver’s development market. He has experienced these types of trouble before.
InterRent REIT plays coy on offers from potential buyers
Larger rivals and an activist hedge fund are stalking Ottawa-based InterRent Real Estate Investment Trust (IIP-UN-T) but executives at the $1.6-billion apartment owner are staying silent on the overtures.
Montreal welcomes 7M-sq.-ft. net-zero industrial park
A massive industrial development in Montreal‘s East End is aiming to become North America’s largest net-zero industrial campus. The designers and builders of 40NetZero say they tick all the boxes when it comes to sustainability.
CRE investment in Canada fell 31% since 2023
The future of commercial real estate in Canada is being debated as investment slows. Investment sales volume declined from $12.3B in Q1 2023 to $8.5B in Q1 2025, a 31 per cent decline, according to a new report.
 | Trez Capital The shift west: Alberta and B.C. rise as key players in Canada’s real estate futureAlberta and British Columbia are leading Canada’s next wave of real estate development and investment. What’s happening in these provinces signals a broader shift in Canada’s economic trajectory — one that policymakers, investors and urban planners must take seriously. Sponsored by: Trez Capital |
Canadian office space demand stable in Q1
According to CBRE’s Q1 2025 Canada Office Figures, Q1 was positive for Toronto’s downtown office market, with vacancy declining by 50 basis points to 18.5 per cent. It marks the first substantial vacancy rate improvement since Q1 2020.
Canada's inflation rate cools to 1.7%
Canada’s inflation rate cooled to 1.7 per cent in April, helped by the removal of the consumer carbon tax and low oil prices, Statistics Canada said on Tuesday. Canada’s annual inflation rate had been 2.3 per cent in March.
MEC announces new Canadian ownership
Mountain Equipment Company (MEC) has been acquired by a group of private Canadian investors with deep industry experience and a vision of reshoring some manufacturing to Canada, says the retailer. MEC has 24 stores across the country.
Lonsdale Quay Market opens after major refresh
One of Metro Vancouver’s oldest public markets has undergone a major refresh. Lonsdale Quay Market has announced that it is ready to unveil its revitalized spaces, including several new major tenants joining over 60 locally owned and operated businesses.
‘An end to Hudson’s Bay as we know it'
Canadian Tire announced it is purchasing Hudson’s Bay’s intellectual property for $30 million, including its name, logo and iconic multicoloured stripes. The move effectively ends any lingering hopes for rescue of the retailer’s brick and mortar stores.
First-ever Pandora Self-Storage facility opens in Kirkland
Pandora Self-Storage recently celebrated the opening of its first 150,000-square-foot self-storage facility in Kirkland, Que. Built by Broccolini, the $39-million project has more than 1,000 fully climate-controlled units designed for both residential and commercial use.
Dream Office REIT secures grant to convert office tower
Toronto-based Dream Office REIT (D-UN-T) will soon embark on an office conversion project in Calgary, after securing both a grant from the city and financing for the project. The 16-storey building sits at 606 4th St. SW.
Pinnacle and City of Toronto square off over swimming pool
The developer agreed to build a community centre and pool in exchange for getting zoning concessions from the city. Now the residential tower is up, but the pool that was a major part of the deal is inoperable.
Why parking lots dominate the land north of Rogers Place
The land north of Rogers Place in downtown Edmonton has seen a lot of scrapped proposals over the years, from luxury towers, to shiny new hotels, to a sprawling arts district.
New tech tool is shaking up the building world
Calgary-based Mercator’s business development platform uses artificial intelligence to track every step of a construction project’s life cycle – from land acquisition to building permits – giving industry players more insight into upcoming opportunities.
Blackstone creates new real estate brand
Investment powerhouse Blackstone has combined three of its portfolio companies to create Perform Properties, a new entity encompassing EQ Office, ShopCore Properties and Retail Opportunity Investments Corp. Former ShopCore and EQ Office CEO Alex Vouvalides will be CEO of Perform.
Developer RXR strikes deal to buy NYC’s 590 Madison for $1.1B
RXR, the Manhattan property developer led by Scott Rechler, agreed to purchase the office tower at 590 Madison Ave. for nearly US$1.1 billion, according to a person familiar with the matter.
Blue Owl closes $7B data centre fund
Blue Owl Capital has closed its most recent digital infrastructure fund, Blue Owl Digital Infrastructure Fund III, with US$7 billion of capital commitments. ODI III exceeded the original target of US$4 billion.
Foreign buyers tap the brakes on Miami condo purchases
International buyers are hesitating to sign on the dotted line for Miami real estate amid a backdrop of hardened immigration policies, a teetering trade war and currency fluctuations. South Florida has long been a magnet for wealthy investors.
Industry Events
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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Ottawa Real Estate Forum
Oct 09 2025
Rogers Centre, Ottawa
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Saskatchewan Real Estate Forum
Oct 16 2025
TCU Place, Saskatoon
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