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Chartwell acquires $248M in new-build retirement residences
Chartwell acquires $248M in new-build retirement residences
Chartwell Retirement Residences (CSH-UN-T) has continued its expansion in the Quebec City region with the purchase of two recently-built retirement residences, and the acquisition of the 15 per cent interest it did not already own in a third facility.
Primaris sells St. Albert Centre mall near Edmonton for $60M
Primaris REIT (PMZ-UN-T) has announced its second shopping centre sale of 2025, divesting the Hudson’s Bay-anchored, 352,900-square-foot St. Albert Centre just outside Edmonton for $60 million.
Why housing policy could define the 2025 election
Housing affordability has become a defining issue for Canadians. For many younger voters, homeownership feels further away than ever. For older investors, property has been a financial windfall. Housing is no longer just a policy issue — it’s a political one.
Mizrahi’s insolvency case highlights perils of secret RE loans
A recent court judgment against a company controlled by Toronto-area real estate developer Sam Mizrahi over a $12.9-million loan made against an Ottawa condominium project includes allegations of secret loans not initially disclosed to other lenders.
Big Six banks to suffer from trade turmoil
The big Canadian banks will take a hit from the escalating trade war, with higher credit losses and weaker earnings, says Fitch Ratings. The credit performance of unsecured retail loan portfolios deteriorated in the first quarter, amid rising impairments in commercial loan books.
 | Keltic Canada Developments Call for action: Mounting barriers to affordabilityAs our communities continue to evolve, so too must our approach to urban planning. The challenges surrounding CRU9 highlight the growing need for zoning flexibility to ensure commercial spaces remain responsive to both market conditions and neighbourhood needs. Sponsored by: Keltic Canada Developments |
Northwest Healthcare sells third of Assura stake for $70M
Northwest Healthcare Properties REIT (NWH-UN-T) has sold 33 per cent of its interest in U.K. health care property investor and developer Assura PLC, representing 82 million shares, through an on-market trade for gross proceeds of approximately $70 million.
Sun Residential REIT to sell all interests and wind-up
Sun Residential Real Estate Investment Trust (SRES-X) is selling its interests in two Florida properties, which represent all of its assets. Sun intends to wind-up following the transactions with its board citing continuing challenges "in Canada for raising public equity capital."
City of Hamilton to run pilot on office-to-home conversions
Hamilton has approved $2.5 million in seed funding for an initiative to encourage the conversion of office space into residential units. The pilot, following the lead of cities like Calgary, provides grants of up to $20,000 per converted unit.
No takers on London properties offered for affordable housing
A push by a downtown London landlord Fahri Holdings and the London Community Foundation to bring more affordable housing to the core has fallen flat after no partners responded to their offer of properties for redevelopment.
Economist says he expects a 5% drop in housing prices
VIDEO: Canada’s housing market has already been feeling the impacts of the tariff threats, according to Tony Stillo, director of Canada Economics at Oxford Economics. Stillo said he’s expecting another five per cent drop in housing prices across the country.
Choice revises mixed-use community plan at Dundas West
Choice Properties REIT (CHP-UN-T), Canada's largest real estate investment trust, has resubmitted plans for a multi-building, mixed-use community in Toronto’s West End. The application calls for buildings up to 40 storeys, alongside new retail, community space and a public park.
'Existential concern' in industrial sector due to U.S. tariffs
The impacts of the Canada-U.S. trade war could put a dent in Canada’s industrial real estate market. According to a CBRE report, recent solid performances in this sub-sector of the market are now being overshadowed by the trade war.
Proposed CBC cuts could empty offices across country
Dozens of office properties occupied by the Canadian Broadcasting Corp. in the 10 provinces and three territories of Canada could go vacant after the federal election if the Conservative Party wins and forms a government.
Grocery sector remains strong, growing store counts: JLL
According to Paul Ferreira, senior vice-president at JLL, the country’s three major grocery chains — along with discount banners like No Frills — are thriving, with store counts increasing steadily across the nation.
Jim Pattison tops Canadian billionaires on Forbes list
B.C. business magnate Jim Pattison saw his net worth jump by over US$2 billion in the past year, topping Canadians on Forbes‘ yearly ranking of billionaires. Pattison's net worth was listed as US$11.4 billion.
PGIM raises $2B data centre fund as dealmaking doubles
PGIM Real Estate has raised $2B for its first dedicated data centre fund as investors clamour to bet on digital infrastructure. It will invest in building out facilities to be leased to cloud providers such as Amazon and Alphabet.
SmartStop Self Storage REIT raises $810 million in U.S. IPO
SmartStop Self Storage REIT raised US$810 million in an initial public offering Tuesday, pricing its shares in the bottom half of a marketed range. SmartStop owns or manages more than 200 storage facilities across the U.S. and Canada.
Manhattan clocks most active quarter for office leases since 2019
Manhattan’s office market’s hot streak has continued, with 12.2 million sq. ft. of leases signed in the first quarter. That’s the strongest period since the fourth quarter of 2019. Heightened leasing pushed office availability down to 17.7 per cent.
Trump’s Arctic ambitions put spotlight on Greenland’s complex RE industry
If there’s any positive fallout from the U.S. threat to annex Canada, it’s the kick-started patriotism now revving up here. With Greenland also in Donald Trump’s sights, similar rallying around national identity is playing out in the Arctic Circle.
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
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Sheraton Centre Toronto
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Sep 15 2025
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Halifax Convention Centre
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