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Ground breaks at huge Pickering City Centre development
Ground breaks at huge Pickering City Centre development
CentreCourt has officially broken ground on the first two residential towers at Pickering City Centre, the initial steps in a long-term, mixed-use master-planned community about 40 kilometres east of downtown Toronto.
Primaris buys CF Promenades St-Bruno mall for $565M
UPDATED WITH NEW DETAILS: Cadillac Fairview continues divesting major shopping centres, and Primaris REIT (PMZ-UN-T) continues acquiring them. So it is no surprise Toronto-based Primaris has been announced as the buyer for the Promenades St-Bruno in Montreal.
Cogir acquires Bayfield Realty Advisors
Montreal’s Cogir Real Estate has acquired Bayfield Realty Advisors and its portfolio of 18 properties across Canada, adding over 2.54 million square feet of retail and commercial assets to its holdings.
Key sectors underpin Metro Vancouver’s growth ambitions
Industrial lands are key to Metro Vancouver's prosperity, directly contributing $31.3 billion to the region’s GDP. However, the supply is constrained by lengthy permitting processes as well as onerous development cost charges on industrial development.
People don't hate the office, they hate the commute
The Canadian head of the world’s largest flexible workplace provider agrees the return to office is a growing trend, but one that may not be limited to the downtown core of your city.
 | Trez Capital Looking beyond uncertainty to find positive trends in Canadian commercial real estate markets: H2 2025 OutlookThe Canadian commercial real estate market is undergoing a quiet recovery, characterized by stable overall capitalization rates (OCR), a continued flight to quality — particularly in well-located retail and residential assets—and divergent performance across sub-markets. Sponsored by: Trez Capital |
Progress on data centres in Alberta
Data centres are moving closer to becoming a reality in Alberta. Pembina Pipeline and partner Kineticor Asset Management have announced some key steps toward a proposed hyperscale-sized project advancing, with a power generating capacity of up to 1,800 megawatts.
Three Canadian cities top the U.S. in housing inflation
As of 2025, Vancouver and Toronto rank as the first and third most unaffordable metropolitan areas in North America. Over the last 20 years, Vancouver, Montreal and Toronto recorded the steepest home price increases among large North American metropolitan areas.
Everyone agrees Montreal needs more housing, but where?
As the Montreal area grapples with a housing shortage, development battles are playing out across the region — in vacant lots, natural areas and stretches of waterfront once considered untouchable land.
College Park redev. looks to get closer to original vision
Even in the booming 1920s, it seemed audacious. Plans for Eaton’s Art Deco-style College Park store in Toronto included a grand, residential tower rising 37 storeys — a height that was unheard of at that time.
Factory-built housing coming to abandoned campus in Ottawa
A vacant campus on Heron Road will be among the first six housing projects spearheaded through a new multi-billion-dollar federal agency that relies on factory-built housing to fast-track construction. The 7.3-hectare complex was built in the 1960s.
CBP Management adds large Gatineau commercial portfolio
CBP Management, the real estate management services division of Colonnade BridgePort, has been awarded the property management and leasing mandate for a commercial portfolio owned by Heafey Group. It consists of 20 properties – 19 in Gatineau and one in Ontario.
Dynamite CEO 'encouraged' after threat to move office to U.S.
Billionaire entrepreneur Andrew Lutfy debated going public about his frustrations with Quebec immigration policies that he says are so crippling he’s considering moving his Montreal head office to the U.S.
Ikea closing small format store in Scarborough
Ikea plans to close its small-format store at the Scarborough Town Centre shopping mall in Toronto sometime early in 2026. The global furniture retailer opened the store in August 2023.
Omni Quality Living expands in Southwestern Ontario
Omni Quality Living, a portfolio business of The Hillcore Group, which provides long-term care and retirement living across Ontario and New Brunswick, has acquired and integrated six long-term care residences in Southwestern Ontario for an additional 750 residential beds.
The gap between CRE's winners and losers keeps widening
The difference in values across CRE sectors and geographic markets is experiencing the highest levels of dispersion since the 1980s, according to a new white paper from Davidson Kempner Capital Management.
Manhattan office tower gets $507M refinancing loan
A joint venture of PGIM Real Estate, Norges Bank Investment Management and SJP Properties Co. has obtained a US$507M loan to refinance debt associated with 11 Times Square in Manhattan.
Pharmacy chain Rite Aid closes 89 remaining stores
After more than 60 years of operations, Rite Aid is no more. Last week, the Philadelphia-based chain closed the last of its 89 remaining stores. This came after the chain in May filed for its second bankruptcy in two years.
Hilton launches Outset Collection with over 60 hotels in development
Hilton has announced the launch of its Outset Collection, with more than 60 hotels in development across the U.S. and Canada. The first hotels under this brand will begin accepting reservations in November, with openings expected later this year.
Industry Events
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Saskatchewan Real Estate Forum
Oct 16 2025
TCU Place, Saskatoon
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BUILDEX Alberta
Oct 22 2025
to Oct 23 2025
BMO Centre at Stampede Park, Calgary
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Calgary Real Estate Forum
Oct 29 2025
BMO Centre Expansion, Stampede Grounds
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Atlantic Real Estate Forum
Nov 04 2025
Halifax Convention Centre
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Global Property Market
Dec 02 2025
Fairmont Royal York
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