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.

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.

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.

Groupe Montoni and the Fonds immobilier de solidarité FTQ have launched construction of the first phase of their $325-million Écoparc Laval 15 industrial campus in the Greater Montreal city.

KingSett Capital has acquired a 50 per cent stake in the CF Masonville Place in London, Ont., which it calls a “dominant regional shopping centre” on behalf of the firm’s KingSett Growth LP8 Fund.

A joint venture involving five partners, which is building what will become a 250,000-square-foot retail centre in the Windsor area community of LaSalle, just might be the beneficiary of a "right place, right time," situation.

MTRPL and Sailcap have acquired the 258,167-square-foot office component of downtown Montreal’s historic Les Cours Mont-Royal from a New York-based family which had owned it for decades.

Some of Canada’s top commercial buildings were highlighted by BOMA Canada at its annual BOMEX conference in Halifax last week, recognizing the properties that excel in building services, tenant relations, sustainability and more.

Fiera Capital Corporation and the Canadian District of the United Brotherhood of Carpenters and Joiners of America have launched the Canadian Built Opportunities Platform, aimed at generating attractive risk-adjusted returns on capital while supporting jobs for UBC members. 

Douville, Moffet et Associés (DMA) has spent $130 million to acquire the 410-unit Le Pivot multiresidential complex in Quebec City, expanding its already sizeable presence in the city.

Acquiring the assets of AnthemIQ will enable Vancouver-based brokerage Floorspace to create a more holistic, streamlined data platform for the sector, according to Floorspace founder and executive managing director Matt Carlson.

Vacancy in Metro Vancouver’s industrial market remains elevated, presumably presenting more options and good deals for tenants, but a large portion of the older inventory doesn't match the needs of many companies seeking state-of-the-art space. 

Downtown Calgary’s First Tower, a 28-storey class-A office highrise which has undergone an extensive renovation and upgrade program in recent years, has been sold to G2S2 Capital Inc., through its affiliate the Armco Group of Companies.

Forum and Make Space announced in late August their shared business has completed a capital raise of about $54 million to expand its self-storage footprint in Ontario and other markets in Canada.

Nick Dauphinee discusses the transitions from fragmented real estate models toward collective strategies that may improve efficiency and outcomes for occupiers.

A new international competitor is about to enter the Canadian discount retail market, with the announcement Monday that Panda Mart has leased a vacant 120,000-square-foot big box store along Toronto’s Golden Mile.

Ground has been broken on The Dennis, a LiUNA Pension Fund of Central and Eastern Canada (LPFCEC) project built in partnership with Fengate and Hi-Rise Group in Toronto’s Mount Dennis neighbourhood.

Sustainability and accessibility keep coming up in conversations, so we thought this is a good time to share more highlights from the simplyPreference Index released earlier this year. 

Richard Hylands, the founder and co-chair of Kevric Real Estate Corp., has been appointed to the board of directors of QuadReal. We also chronicle a new president at Westbank, and executive moves at Dream, Collliers, Tribe, Resident and more...

CIBC Capital Markets' Benjamin Tal will be pleased the Bank of Canada reduced its overnight interest rate to 2.5 per cent, but he told an audience at the Canadian Apartment Investment Conference a few days earlier deeper cuts are needed.

Data centre owner and operator Cologix has bought CIM Group’s interest in the TOR4 facility and will also acquire the adjacent TOR5 property, expanding its Greater Toronto Area holdings by 14 megawatts and 90,000 square feet of space.

Calgary's StoreWest Group of Companies is rapidly expanding its Canadian footprint in two booming sectors, self-storage and express car wash, with hundreds of millions in assets under management and a strong development pipeline.

ULI Toronto and Shared Path Consultation Initiative have published a first-of-its-kind guide on how the industry can build relationships, create jobs and opportunities through land development with Indigenous Peoples. One goal is risk mitigation as projects are developed.

The Daniels Corporation has named Jacob Cohen as its new president, taking over from Mitchell Cohen. The Toronto-based development firm also announced another two executive appointments and expanded roles for two other executives.

Minority investor TMR Capital has gone public with a campaign to break up Toronto-based Northwest Healthcare Properties REIT (NWH-UN-T), questioning the trust's future in its current form because of the “complexity and geography” of its portfolio.