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Morguard begins construction at Mississauga's Village Green
Morguard begins construction at Mississauga's Village Green
Morguard Corp. is endeavouring to help fill the so-called “missing middle” housing gap with 725 Village Green Blvd., a purpose-built rental development in a part of south Mississauga sorely lacking such options.
Toronto plan calls for commercial rent control by 2030
Commercial rent control is a suggested tool to protect small business tenants in a proposed new 10-year strategy for Toronto. The measure is identified as part of a package of actions to support urban vibrancy, job creation and competitiveness.
Competition Bureau to study grocery stores' RE clauses
The Competition Bureau is seeking information from grocery retailers and those in the real estate business about restrictive real estate clauses in the Canadian grocery industry and whether they may be preventing other businesses from operating nearby.
Office-to-residential conversions are no housing cure-all
A city that converts empty office to multifamily in its downtown gets clear social, environmental and economic benefits. This solution should not be considered a panacea for the housing shortage, however.
Report warns Toronto's office replacement bylaw hits housing
A recent report by JLL Canada on Toronto’s Office Replacement Bylaw warns some 51,000 potential residential units may never materialize due to the bylaw’s requirement that demolished office space be replaced with new office development, even when demand remains weak.
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Vancouver project takes aim at B.C.’s commercial rent crisis
A Vancouver-based non-profit is spearheading a new project to address commercial space affordability issues for small businesses in B.C.’s urban areas. The multi-phase project, currently focused on Greater Vancouver and the Victoria area, will include sector-specific and multi-stakeholder meetings.
Surrey office building plan pivots to 20-storey rental tower
A major multi-building, mixed-use development in Surrey City Centre is taking a new approach for its major office uses. The Century City Holland Park project was previously approved to include 34-storey and 39-storey strata market ownership condominium towers.
Skyscraper may rise 65 storeys above Roy Thomson Hall
A new office and rental tower from developer H&R REIT (HR-UN-T) with a unique geometric exterior could soon loom 65 storeys from the southeast corner of Simcoe and Wellington, just across the street from Toronto's esteemed Roy Thomson Hall.
Lacey Green Village breaks ground in Quebec
The Lacey Green Village residential project is officially under construction in Kirkland, Que. Developers Prével and TGTA are promising a sustainable housing community with a mix of 950 condo units and rentals, 111 townhouses and 47 lots for single-family homes.
Mizrahi Developments project In Ottawa enters restructuring
Mizrahi’s 12-storey, 93-unit ongoing endeavour at 1451 Wellington in Ottawa, known as The Residences at Island Park Drive, has entered restructuring. MNP Ltd. was appointed to monitor the project under the Companies' Creditors Arrangement Act.
Grosvenor seeks deferral for Vancouver housing project
After unveiling the Mayfair West project planned for the Oakridge neighbourhood of Vancouver last year, U.K.-based real estate giant Grosvenor is seeking significant delivery deadline extensions. Grosvenor has planned 17 buildings of up to 26 storeys for the site.
Etobicoke residents hope to save cinema from condo towers
Etobicoke residents are coming together to save a local Cineplex theatre from being replaced by proposed condo towers. Property management company Talisker Corporation is proposing to build 12 towers in place of Cineplex Cinemas Queensway & VIP, located near Mimico-Queensway.
Port Moody to hear plan for two 39-storey res towers
Port Moody’s tallest towers could move a step closer to reality. Council will today consider first and second reading of official community plan and zoning bylaw amendments required for Vancouver-based PCI Developments to construct two 39-storey rental towers.
Vancouver set to launch fast-tracked multiplex permitting
The City of Vancouver has announced a new type of permit pathway for certain multiplex applications, which will cut those permitting times by 50 per cent and bring the city closer to its “3-3-3-1” goals for permit approval timelines.
Big U.K. property sales to test market appetite after slump
Britain's commercial property market is returning to life, albeit largely at much lower prices. Some big-ticket office properties now on sale will show where the market is likely to bottom out and how briskly deal volumes will recover.
NYC landlords pull empty office space off the market
A chaotic market has triggered fight-or-flight responses in office owners across New York City, spurring either aggressive plans for acquisitions and renovations or fire sales and quick exits. But some have simply frozen, firing their brokers and trashing marketing materials.
PGIM starts $500M joint venture to buy multifamily debt
PGIM Real Estate, the US$206 billion property arm of Prudential Financial Inc.’s asset manager, is teaming up with Citymark Capital to deploy US$500 million to buy multifamily loans.
Marcus & Millichap closes $101M 11-property hospitality sale
Commercial real estate broker Marcus & Millichap (MMI-N) has announced the sale of an 11-property Courtyard Hotel portfolio in Illinois, Ohio, Alabama, Arkansas, Virginia, Kentucky and Oklahoma. The portfolio sold for US$101 million.
Industry Events
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Canada Real Estate Auctions
Dec 01 2024
to Dec 31 2024
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Global Property Market
Dec 03 2024
Metro Toronto Convention Centre, South Building
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Toronto Real Estate Forum
Dec 04 2024
to Dec 05 2024
Metro Toronto Convention Centre, South Building
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Quebec Apartment Investment Conference
Feb 19 2025
Palais des congrès de Montréal
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RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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