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Big Q3 for Toronto's office leasing sector: CBRE
Big Q3 for Toronto's office leasing sector: CBRE
Toronto’s downtown office market recorded one of its best quarters in years during Q3, with the vacancy rate dropping 150 BPS to 17 per cent thanks to 1.5 million square feet of positive net absorption, according to CBRE’s Canada Office Figures Q3 2025 report.
Graywood expands emphasis on purpose-built rental dev.
Toronto-based Graywood Developments is putting a stronger and expanded focus on the build-to-rent residential sector as a response to current market demands.
PROREIT completes $51.3M sale of 12 retail properties
PRO Real Estate Investment Trust (PRV-UN-T) has completed the sale of 12 retail properties in New Brunswick and Nova Scotia for $51.3 million, one of the REIT's final tasks en route to becoming a pure-play light industrial investor.
Imperial Oil to sell headquarters in Calgary
Imperial Oil Ltd. says it plans to sell its sprawling head office complex in Calgary as part of its efforts to restructure, which also involves cutting hundreds of jobs and shifting most of its presence outside the city.
Strong Alberta housing market spurs Star Building Materials
Strength in Alberta’s home construction market provided enough optimism for Star Building Materials to expand its production in the province this year, doubling its capacity to manufacture key home construction products.
Mila partners with Hypertec, 5C on $250M Montreal AI hub
Montréal-based AI institute Mila is working with AI infrastructure companies Hypertec and 5C to establish a Sovereign AI Research Hub. Hypertec and 5C are investing up to $250M in the development, which will serve as Hypertec’s global headquarters.
Wizards of the Coast opens game design studio in Montreal
Wizards of the Coast is opening a game development hub in Montréal. The new hub will be located next to Invoke Studios’ space in the downtown core, with an official opening expected in the summer of 2026.
U.S. cybersecurity firm chooses Toronto as a strategic hub
A U.S. cybersecurity firm is opening a new office in Toronto. With nearly 25 per cent of its employees based in Canada, Strata Identity, an identity orchestration company, announced that it will expand into the city.
Ontario moves to boost density in Toronto’s Liberty Village
The Ontario government is looking to drastically increase the size of a few condo projects in Toronto’s Liberty Village by proposing to use special provincial powers to override the city’s planning rules.
Quayside multi-tower plans reworked to accelerate rentals
Quayside Impact Limited Partnership, led by Dream Unlimited and Great Gulf in partnership with Waterfront Toronto, has resubmitted an application for the Quayside master plan to accelerate rental and affordable housing delivery, deferring condominiums to a later stage.
Court overturns ruling in Richmond's Atmosphere condo case
The fate of a stalled development on No. 3 Road in Richmond’s city centre continues to wind its way through the courts with more than 800 residential units on hold.
Concerns over thousands of unsold, empty Van. condos
Executives in Vancouver's real estate industry are warning of a glut of newly built condos sitting unsold and empty; about 2,500 new condos across Metro Vancouver according to the Canada Mortgage and Housing Corporation.
Could empty condos solve Toronto’s senior housing crisis?
Converting empty condominium towers into senior housing is a pragmatic solution. These buildings are already connected to essential city services – water, electricity, sewage and transit – all of which would cost millions and take years to replicate in new developments.
Montoni Group: 30 years of vision in Quebec
The Montoni Group, which has now become one of the largest real estate developers in Quebec, was born exactly 30 years ago, on Oct. 1, 1995, the brainchild of the young structural engineer Dario Montoni.
Business council warns gov't against growing federal debt
In a letter to Prime Minister Mark Carney, the Business Council of Canada's president and CEO Goldy Hyder said if the federal government intends on financing investment by incurring more debt, it better have a plan to bring it down.
Rising commercial rents squeezing T.O. small businesses
Commercial rents that have risen about 140 per cent over five years are putting Toronto's smallest businesses at risk, according to a new report from Better Way Alliance. The group says the hikes are affecting bottom lines more than wage increases.
TeraWulf raising $3B to build data centres linked to Google
Crypto mining and artificial intelligence data centre firm TeraWulf is trying to raise $3B from debt markets to expand its data centre portfolio, with Google likely providing financial backing for the transaction.
Data centre REIT Fermi set for Nasdaq debut after $683M IPO
Fermi is set to debut on the Nasdaq on Wednesday after raising US$682.5M in its IPO, a key test of market appetite for a pre-revenue data centre real estate investment trust still in the early stage of its journey.
What’s driving corporate office moves
The office market continues to take new turns, and corporate occupants are doing a lot to drive the changes. It wasn’t long ago that some key trends would have surprised most stakeholders.
Ikea buys building in New York's SoHo for $213M
Ikea appears to be expanding further in New York City, just months after committing to its first full-size store in Manhattan. A deed filed Tuesday shows that retail real estate king Jeff Sutton sold 529 Broadway for US$213M.
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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