LocationsRecent Articles
Veyron buys $300M Ontario distribution centre from DSV
Veyron buys $300M Ontario distribution centre from DSV
New York-based Veyron has acquired a new 1.23-million-square-foot distribution centre in Innisfil, north of Toronto, from DSV Solutions Inc. which has entered into a long-term leaseback for the facility. It paid over $300M for the distribution centre.
Morguard creates Smart Building Living Labs in 3 cities
Morguard, Canada’s Centre of Excellence in Next Generation Networks and Nokia have launched Smart Building Living Labs in three cities. The $6.5M project offers a unique opportunity to advance technologies that make buildings safer, more efficient and more connected.
Ontario Teachers is getting back to 'old-school private equity'
Ontario Teachers’ Pension Plan is refocusing part of its private investment team to return to its roots of operating companies to drive profit, according to a top investment executive.
Delta rejects Tsawwassen Town Centre mall application
A revised proposal to redevelop the Tsawwassen Town Centre mall was unanimously rejected by council. Council this spring asked Century Group president Sean Hodgins to come back with revisions to the proposal.
Swiss asset manager Partners Group to open Montreal office
Swiss asset manager Partners Group AG is opening an office in Montreal, aiming to forge stronger ties in the province and to find new opportunities to invest across the country as the federal government plans major nation-building projects.
Allianz Commercial moves Canadian headquarters
Allianz Commercial has relocated its Canadian headquarters to a newly designed office in Oxford Tower at 130 Adelaide St. W. Its relocation is among a number of major insurers rethinking their office footprints to match hybrid work and sustainability goals.
OpenAI eyes AI data-centre capacity in Canada
OpenAI is interested in securing data-centre capacity in Canada and says it can be a part of the country’s effort to build sovereign artificial-intelligence capabilities, the company’s chief global affairs officer said in an interview Tuesday.
Vancouver rezones 1000s of parcels in Broadway, Cambie
Vancouver city council approved sweeping zoning changes Tuesday aimed at speeding up the development of thousands of parcels of land in the Broadway and Cambie corridors. These reforms aim to simplify development.
$107M expansion for mass timber manufacturer Element5
A $107-million expansion that will double the mass timber production capacity at Toronto-based Element5 is a response to increasing demand for housing that can be built quickly and affordably.
Modular housing lessons from Sweden, Japan and the U.S.
Like Sweden, Japan and the U.S. before it, Canada will start experimenting with scaled-up factory-built housing next year — and it has plenty of lessons to learn from countries where the industry has already matured.
Average asking rents drop for 12th straight month
Rentals.ca and Urbanation's monthly report said asking rents for purpose-built apartments were down 2.1 per cent from a year ago to an average of $2,093, while asking rents for condominium apartments fell three per cent to $2,226.
Why is the Ottawa Tewin development so contentious?
The Tewin development began as a private land purchase by the Algonquins of Ontario (AOO) in partnership with the Taggart Group to build homes for up to 45,000 people on 445 hectares of land in Ottawa’s rural southeast end.
Normandin chain sold to another Quebec family
Chêne Blanc, a holding company of the Blais family, has acquired Groupe Normandin, a true pillar of family catering in Quebec. The company and its 44 restaurants and four hotels are now passing into the hands of another Quebec family
East Coast Lifestyle closes Bayers Lake store, warehouse
East Coast Lifestyle is shutting down its Bayers Lake operation after just 13 months. The Nova Scotia clothing company first announced plans to build a comprehensive retail, office and warehouse location at 219 Hobsons Lake Dr. in November 2021.
Investors are buying up Canada’s farmland
Canadian farmland has become an increasingly popular investment for private equity and institutional investors looking for alternative assets that are resistant to economic downturns. Investors in the space say the demand for farmland is only going up.
CANZA launches ‘Million Acre Challenge’
The Canadian Alliance for Net-Zero Agri-food is looking to sow the seeds for sustainable, regenerative agricultural practices across 365,000 acres of Canadian farmland by 2030 as part of its Million Acre Challenge.
First comes a new tower. Next up, a JPMorgan neighbourhood
JPMorgan Chase & Co.’s new megatower in Midtown Manhattan will officially open later this month, capping one of the most expensive construction projects in New York history. But the plans up next for the company are even more ambitious.
Cost of Citadel’s planned Miami tower surges to $2.5 billion
Citadel’s planned office tower in Miami’s Brickell neighbourhood — long expected to cost more than US$1B — will probably be closer to US$2.5 billion with construction likely to begin mid-to-late next year, founder and CEO Ken Griffin said.
RXR closes $1.5B Manhattan office recap
RXR has obtained US$1.45 billion in financing to recapitalize 1211 Avenue of the Americas, the Commercial Observer first reported. The nearly 2 million-square-foot skyscraper is the headquarters of Dow Jones, News Corp. and Fox News.
Regional rent divide emerges as industrial leasing slows across U.S.
Industrial occupiers are slowly forging ahead through the macroeconomic fog, new data suggests. Leasing velocity slowed in the industrial sector in Q3, but the national vacancy rate remained flat quarter-over-quarter for the first time since 2022, according to Cushman & Wakefield.
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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