Shopping centres have evolved well beyond being places to shop to become community hubs where people also come to dine, access services, work out, socialize and be entertained — all in one visit. Leyad is a big proponent of this transformation.

New York City-based Veritas Capital has entered into a definitive agreement to acquire Markham, Ont.-headquartered technical integrated facilities management (IFM) services company BGIS from CCMP Capital Advisors, LP and Alberta Investment Management Corporation (AIMCo) for undisclosed financial terms.

The Rose Corporation's proposal for a master-planned community in Oakville with 14 new buildings and 5,600 homes has taken a major step forward after receiving key approvals from the town last night.

Crown Realty Partners has taken over from Colliers as the property manager for downtown Ottawa’s three-building, 946,000-square-foot Minto Place office and retail complex.

Stronger leasing activity is likely coming for owners of class-A and class-B office buildings in the GTA, but landlords shouldn’t take future tenant demand for granted, and it won’t be experienced equally.   

Canadian Net REIT has found a sweet spot by venturing where few private and institutional investors seek to go, says president and CEO Kevin Henley. The Montreal-based REIT focuses on acquiring single-tenant net leased retail properties in secondary and tertiary markets.

Discover the return of Wildflowers to Kitchener, a neighbourhood that blends urban vibrancy with suburban embrace to create a lifestyle of adventure.

The newest incentive in industrial leasing isn't free rent. It's the steel inside the building. Learn why fixturing credits and OpEx financing are reshaping how landlords, brokers, and tenants structure their next deal.

Halifax-based real estate firm Clarke Inc. (CKI-T) recently made a number of senior leadership changes, as it works to integrate Ravelin Properties REIT.

Toronto-based Greybrook is turning its focus to the U.S. multifamily market with a new fund seeking to capitalize on deeper liquidity south of the border.

Calgary-based Aspen Properties has brought Edmonton-based Rohit Group on as a co-owner of three downtown Edmonton office buildings, with the partners saying the deal reflects their shared confidence in Edmonton's office market and Alberta's long-term economic outlook.

Lorne Segal, president of Kingswood Properties, has been appointed a Member of the Order of Canada, Woodbourne announces new partner,  Markel strengthens leadership, the Urban Land Institute has a new chair and Enginneering Link made an executive announcements.

New York City-headquartered EliseAI opened a Toronto office in February and recently released a report based on surveying 50 Canadian multifamily operators and 200 renters to find out how they’re using artificial intelligence (AI) at their properties.

Shoring and excavation have now been completed for a 16-storey, 256-unit purpose-built rental apartment adjacent to the uptown core of Oakville, Ont. The build represents the first phase of a master-planned community to be called Oakville Yards.

Flexbile workspace and office provider International Workplace Group PLC (IWG) opened 18 new locations in Canada last year and shows no signs of slowing down. The Canadian growth was part of IWG’s global expansion, as it signed 1,132 new centres.

Now leasing, The Spoke brings 398 purpose-built rental homes to Toronto's Junction Triangle. Developed by Tricon Living, the community pairs design by Canada's leading architects and designers with family-friendly suites, flexible workspaces, and 26,000 square feet of resort-inspired amenities.

As sports venues evolve into anchors for mixed-use neighbourhoods, the real challenge is creating places that generate daily activity, long-term value and life beyond event days. For decades, stadiums and arenas were planned as event assets.

Markets can change on a dime and even more so over the course of six or 12 months. Last year, there was worldwide concerns about the economy, but the real estate market has remained solid and even turned for the positive.

Vancouver-based Lotus Capital Corp. has purchased its first retail centre in Kelowna, calling the city one of Western Canada’s strongest secondary markets.  Lotus, which has been boosting its portfolio of necessity-based retail in Canada, closed a deal to buy Plaza 33. 

Toronto real estate investment firm Axia Real Assets LP has proposed an acquisition of Plaza Retail REIT (PLZ-UN-T), which values the Fredericton-based retail property owner and developer at $1.23 billion.

REALPAC has launched a search for its next Chief Executive Officer to lead the organization as it continues to advance and advocate for Canada's commercial real estate sector.

Later this summer, Vancouver-based Nicola Real Estate — the real estate arm of investment management firm Nicola Wealth — will be welcoming residents to Spencer Block, the company’s latest purpose-built rental community in Victoria.

As Canadians, we've collectively agreed on one thing: once summer arrives, we immediately forget winter ever happened. The snowbanks that swallowed parking spaces. The icy sidewalks that transformed simple walks into obstacle courses. The endless cycle of shovelling, salting...

BGO Properties and Visitt, a property operations platform powered by artificial intelligence (AI), have partnered to deliver solutions across BGO's national portfolio of over 300 commercial real estate assets. 

TO OUR VALUED READERS: RENX staff will be taking our annual break for a hard-earned vacation during the week of June 29 through July 3.