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Archetype: A different take on urban multifamily development

2 weeks ago

Archetype: A different take on urban multifamily development

QuadReal Property Group is nearing completion of a mixed-use project in Vancouver's False Creek Flats district that will blend rental homes with office and light industrial space. 

Rosefellow acquires portion of Laval mall, plans $200M redev.

Montreal-based developer Rosefellow has paid $75 million to acquire a portion of the Méga Centre Notre-Dame, with plans to redevelop the property into a state-of-the-art, highly sustainable distribution and light industrial complex.

Fiera’s Michel to leave as public CIO as firm restructures

The chief investment officer of Fiera Capital's public markets unit, Jean Michel, is leaving the firm along with a small number of colleagues. The group’s portfolio managers will now fall under CEO Jean-Guy Desjardins and Canada head Maxime Menard.

Glimmers of hope on eve of Hudson’s Bay leases deadline

The clock is ticking on two deadlines that may determine the fate of Hudson’s Bay. Those wanting to take on leases held by the 355-year-old department store chain or its sister Saks businesses must make binding bids by tomorrow.

The promise and peril of the Liberals’ housing plan

Prime Minister Mark Carney has promised to add nearly half a million homes per year, with the federal government playing a central role in that gargantuan building effort. But will Carney be able to deliver on his ambitious pledge? 

Canada's economy shrinks in February, stalls in March

Canada’s economy weakened in February, with gross domestic product contracting by 0.2 per cent after growing by 0.4 per cent in January, and a flash estimate for March shows the economy continuing to stagnate, according to Statistics Canada data.

Chatham’s first luxury rental development in over 30 years is up for sale

Park Place in Chatham is a newly built, 231-unit, two-building multi-family investment property with 100% occupancy being represented by Colliers.

Sponsored by: Colliers Canada Brokerage

Delacour buys land for resort housing at Alberta golf course

Delacour Crossing, a community to be located six minutes east of Calgary, is to be centred around a rebranded golf course and hundreds of resort-style residences as its developer targets demand for larger homes outside the urban core.

Downtown Toronto office rents rise to seven-quarter high

According to new reports from CBRE and Avison Young, downtown Toronto’s overall vacancy rate dropped by 50 basis points quarter-over-quarter to 18 per cent in Q1, a notable improvement amid broader economic uncertainty.

Winnipeg office market sees turnaround

A resurgence in government leasing has helped Winnipeg’s office leasing market begin 2025 on a strong footing. Colliers’ Q1 snapshot of the market reported that net absorption totalled 43,421 square feet in Q1, reducing downtown vacancy to 15.4 per cent.

Hakim Optical enters restructuring amid industry challenges

Hakim Optical, one of Canada’s most recognized names in eyewear retail, has filed for creditor protection as it faces mounting financial pressures. Headquartered in Toronto, Hakim Optical has 160 locations across the country.

Toronto edges out Vancouver as priciest major hotel market

For the first time since November, when Toronto hosted six Taylor Swift concerts, the city has edged out Vancouver as the priciest major market in Canada for hotel rooms. Metro Toronto's average hotel room went for $242.30 in March.

Mississauga makes progress on housing development efforts

Despite market challenges, Mississauga anticipates 11,600 residential units progressing to building permit applications shortly — substantially surpassing the 2,557 permits submitted in 2024. The city reported its progress 100 days after the release of the Mayor's Housing Task Force report.

Landmark Premiere Properties facing 2nd insolvency in B.C.

Vancouver-based real estate developer Landmark Premiere Properties is the subject of a second insolvency proceeding that was initiated earlier this month, according to filings in the Supreme Court of British Columbia.

1266 Queen West proposal revised under new ownership

New owner Carttera Private Equities has submitted revised plans for a 27-storey tower at the northeast corner of Queen Street West and Noble Street in Toronto’s Parkdale neighbourhood. The developer acquired the site from Republic Developments.

CRE investment sentiment resilient amid tariff tensions

CRE investment inquiries have improved to their strongest level since early 2022 in the first quarter of the year, despite growing concerns about the impact of the tariffs imposed by the Trump administration, according to the latest Global Commercial Property Monitor.  

Deloitte moving North American HQ to new Hudson Yards tower

In a sign of strength of demand for shiny new Manhattan office space, Deloitte has committed to take 800,000 square feet at a tower set to be the largest ground-up office project in the U.S. since the pandemic.

Lineage expands its U.S. cold-storage network with Tyson Foods

Global temperature-controlled warehouse REIT Lineage Inc., will expand its U.S. cold-storage network via a series of new acquisitions, greenfield developments and enhanced automation implementation. Lineage will acquire multiple, existing cold-storage warehouses in the U.S. from Tyson Foods.

Urban farming startup signs first downtown Chicago lease

A company aiming to make Chicago a national model for urban farming is planting roots next to the city’s tallest skyscraper, signing the first of a planned series of long-term leases in downtown office properties.

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