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Zenterra's Fraser Valley development focus continues to pay off
Zenterra's Fraser Valley focus continues to pay off
Zenterra Developments continues to drive forward with its pipeline of new presale condo projects east of the Fraser River. The solid Surrey-Langley market, Zenterra's hyper-local focus and its in-house construction team are helping it continue amid a struggling presale market.
RioCan selling stakes in 5 apartment buildings for $197.3M
RioCan REIT (REI-UN-T) has announced closings or firm deals to sell a total of five apartment buildings in Toronto, Ottawa and Calgary, to three separate buyers, for just over $197.3 million.
Les Miller to retire as CEO at Crown Realty Partners
Crown Realty Partners has announced that CEO and managing partner Les Miller plans to retire effective June 30, with several of the company’s senior executives stepping into expanded roles as he departs.
New wave of B.C. real estate development trusts
A recent real estate development trust (REDT) offering succeeded in raising millions for a Burnaby mixed-use project, and with another REDT on the horizon for a big Surrey project, the benefits and risks of this financing platform are coming into focus.
Bell to open six data centres in British Columbia
Bell Canada said it will open six data centres in B.C. equipped to power AI models and applications, just a few years after it sold off a group of data facilities. The first will come online in June in Kamloops.
Telus to invest more than $70B on infrastructure, DCs
Telus Corp. has announced it will spend more than $70 billion over the next five years to enhance connectivity, including through improvements to its network infrastructure and by building artificial intelligence data centres.
70 businesses face eviction from Whitby business centre
The parking lot at Durham Corporate Centre in Whitby was busy with U-Hauls yesterday as many of the 70 small business owners caught in the middle of a legal dispute scrambled before an eviction deadline.
Toronto buildings among the best in the world for 2025
A handful of notable new Toronto buildings were just bestowed with awards recognizing their importance in several categories. The Council on Tall Buildings and Urban Habitat (CTBUH) announced the winners of its 2025 Award of Excellence competition.
Toronto-area new home sales worse than during the 1990s
New home sales in the Toronto area marked a seventh consecutive month of record all-time lows, eclipsing the 1990s downturn when the housing market crashed. There were 310 new home sales in April, down 72 per cent from April 2024.
Waddell offers family-sized townhomes in Mont-Tremblant
Meeting high demand for housing to support families and remote work in the resort town of Mont-Tremblant, Que. is core to the identity of Eclipse, a community being developed and built by Waddell Construction.
Developers seek to expand Ottawa suburbs after rule change
Several Ottawa housing developers have already taken advantage of a change to planning rules and made requests to have large rural properties earmarked for subdivisions. But they haven't necessarily agreed with the $1.8 million fee council decided to charge.
Quebec's residential construction workers on strike
Workers in Quebec's residential construction sector began a strike at midnight after failing to reach a deal during Tuesday talks with a group that represents residential developers in the province.
Son of troubled Thind Properties founder is being sued
The son of a B.C. developer is being sued by a construction company that did millwork for financially troubled Thind Properties Ltd. that allegedly went unpaid and was backed by the son’s personal guarantee.
CRE: The quiet crisis no one’s talking about
VIDEO: A look at the growing crisis in CRE — from high office vacancies to a looming US$1.2 trillion debt wall — and why this could ripple through banks, pension funds and the broader economy in Canada and the U.S.
Who is Weihong Liu, the billionaire buying 28 HBC leases?
Weihong (Ruby) Liu is the chair of Ruby Liu Commercial Investment Corp’s Central Walk, a Nanaimo-based firm that focuses on acquiring, developing and operating commercial real estate properties in Canada, with existing assets already in major cities in Southeast Asia.
FN seeks environmental assessment exemption for ski resort
Spuzzum First Nation is seeking an exemption that would allow it to expedite construction of a four-season resort and thousands of homes in the South Anderson River Valley of British Columbia.
Northwest, Brookfield entangled in collapse of Healthscope
The Australian private hospital operator Healthscope entered receivership this week. Bought by Brookfield in 2019 for $3.9B (A$4.4B), Northwest Healthcare Properties REIT (NWH-UN-T) later bought the bulk of the Healthscope hospitals from the Canadian asset management giant.
New Jersey's American Dream Mall sees value drop by $800M
The value of the American Dream mega mall and entertainment complex in New Jersey’s Meadowlands plummeted by US$800 million — a blow to municipal bondholders whose debt is backed by payments in lieu of property taxes.
How trade shifts impact port real estate
The volatility introduced by U.S. President Donald Trump's tariff negotiations and rapid policy shifts in the past two months has weighed on industrial property markets in port areas, disrupting leasing patterns and complicating the outlook for investors.
Dubai ruler’s Residential REIT surges after $584 million IPO
Dubai Holding’s US$584 million residential real estate investment trust surged in its trading debut, as the city’s property market boom continues to lure investors. Dubai Residential REIT closed nearly 14 per cent higher on Wednesday.
Industry Events
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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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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Ottawa Real Estate Forum
Oct 09 2025
Rogers Centre, Ottawa
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Saskatchewan Real Estate Forum
Oct 16 2025
TCU Place, Saskatoon
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