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Capital Square JV buys Montreal site, plans $500M development
Capital Square JV buys Montreal site, plans $500M project
A venture led by Capital Square plans to spend over $500 million to build a multi-phased, primarily residential transit-oriented development in Montreal’s Anjou borough after acquiring a 200,000-square-foot site from First Capital REIT.
Altus Group considers 'potential transaction' to buy company
UPDATED: Toronto-based Altus Group (AIF-T) has acknowledged it is undergoing a “strategic review” in response to a media report that it is considering a “potential transaction” for the company.
Farhi buying Westmount mall in London for $40M
London landlord Farhi is shifting from buying downtown properties to a suburban mall, snapping up Westmount Shopping Centre for more than $40 million. Farhi plans to add residential development to the site and keep existing commercial and retail space.
Ironwood grows into 118,000-sq.-ft. prefab housing facility
Ironwood Manufactured Homes is in the final stages of a major expansion that will boost its production up to fivefold and allow the company to deliver a wide range of new housing types, as well as commercial buildings.
More corporate headquarters are needed in Canada
OPINION: Canada’s productivity problem starts at the top – the ever-declining number of corporate head offices that call this country home. Many Canadian companies have either relocated their corporate headquarters to the U.S. or mused about making such a move.
New office in downtown Toronto for NewFields
Engineering consultancy NewFields is expanding across Canada and opening a new office in Toronto. The office is located in the heart of the downtown business district, at 151 Yonge St.
Starlight to wrap up U.S. Multi-Family (No. 2) Core Plus Fund
Starlight's U.S. Multi-Family (No. 2) Core Plus Fund has sold the 275-unit Hudson at East Apartments in Orlando; is handing ownership of Summermill at Falls River Apartments in Raleigh, N.C., to its lender; and, will wrap up the fund.
Real estate stocks help S&P/TSX rise more than 140 points
Canada's main stock index gained more than 140 points to finish trading Tuesday on strength in the real estate and financials sectors, while U.S. stock markets reached new highs amid better-than-expected U.S. inflation data.
The pursuit of Alberta's $100B data centre dream revs up
The Alberta data centre race is now squarely underway, with several energy players making strategic moves to develop a fledgling industry that the province says could attract $100 billion by the end of the decade.
Liu says landlord concerns are 'misguided'
B.C. billionaire Ruby Liu says landlord claims that she won’t be able to run a successful business in former Hudson Bay spaces are "misguided." In new court documents Liu says she will personally guarantee the first year of rent.
Gildan to take over HanesBrands in $3.03B deal
Gildan Activewear's shares are up over 10 per cent after it announced it was taking over HanesBrands for $3.03B (US$2.2). Montreal-based Gildan said the deal is a push for size to help it grow in a competitive industry.
The value of building permits fell by 9% in June
The total value of building permits in Canada fell nine per cent in June compared to the previous month, reaching $12 billion, according to Statistics Canada data released Tuesday.
Who is really standing in the way of affordability?
OPINION: Two recently published open letters – receiving two very different reactions – have underscored the deep rift in the current debate about how to solve Canada’s increasingly urgent housing crisis.
La Caisse shows a return of 4.6%
La Caisse is posting a return of 4.6 per cent for the first six months of 2025, a performance higher than its benchmark portfolio which stands at 4.3 per cent. Its real estate portfolio continues to drag down its performance.
BSR REIT acquires The Ownsby in Dallas area for $87.5M
BSR REIT (HOM-UN-T) has purchased The Ownsby Apartments in the fast-growing Celina, Tex. submarket of the Dallas-Fort Worth metropolitan statistical area for $87.5 million. The Ownsby comprises 368 apartments.
Office users' growth expectations hit 5-year high
Demand for top quality office space could continue its upward climb as the percentage of office occupiers expected to grow their footprints in the next three years is at its highest level in five years.
Adam Neumann's Flow, partners take over Chetrit's 4M-sq.-ft. Miami project
Adam Neumann is expanding his real estate company's footprint in Miami by leading a partnership taking a majority stake in a megaproject along the Miami River from beleaguered New York development firm The Chetrit Group.
Capstone, BH3 foreclose on new office tower in downtown Brooklyn
A vacant and distressed Downtown Brooklyn office tower is set for a partial conversion under new ownership. A joint venture between BH3 Management and Capstone Equities acquired the 141 Willoughby St. building via foreclosure.
UK’s Primary Health Properties fends off KKR bid for landlord Assura
Primary Health Properties Plc has prevailed in the fiercely contested takeover battle for rival landlord Assura Plc, a watershed deal that saw shareholders reject a cash offer from private equity in favour of remaining invested in a U.K. public company.
Industry Events
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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RealREIT
Sep 10 2025
Metro Toronto Convention Centre
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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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Montréal du Futur
Sep 24 2025
to Sep 29 2025
World Trade Centre of Montreal
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