Squall Inc., the publisher of the Real Estate News Exchange, RENX Homes and Sustainable Biz Canada, has announced that Andrew Burn has joined Squall as National Account Executive.

Manga Hotel Group has opened two hotels and acquired two others this year, and its lengthy development pipeline provides more reasons why president / CEO Sukhdev Toor’s optimism about the asset class was justified even during the severe COVID-19 downturn.

GUEST SUBMISSION: The rental landscape in Canada has seen significant shifts over the last few years. With homeownership increasingly out of reach, rentals have surged in demand. 2024 marked the country's highest increase in purpose-built rental construction, further highlighting demand.

RE/MAX Canada has recruited 20-year commercial real estate industry veteran Damon Conrad to be its new vice-president of commercial.  Conrad joins RE/MAX from Royal LePage Commercial, where he served as vice-president and general manager.

Public dollars are quietly reshaping Calgary’s office market, as demand from government agencies, health care providers and education groups fills space left vacant by the private sector. 

After sitting on the sidelines since its formation in 2024, Desjardins’ DGAM Canadian Private Real Estate Fund is ready to deploy its equity and to start making acquisitions.

Cadillac Fairview has launched its first residential rental project in Calgary, part of its strategy to further diversify its real estate portfolio. Cadillac Fairview has owned the 61st Avenue property for more than a decade, president/CEO Sal Iacono said.

Altus Group Limited (AIF-T) has announced the immediate departure of its chief executive officer and director Jim Hannon, and that board chair Raymond Mikulich will step down from that role but remain with the company as a director.

Sienna Senior Living (SIA-T) continues to focus on Ontario with its 2025 acquisitions, announcing Thursday a $93.3-million agreement to purchase The Hygate on Lexington in Waterloo, containing 216 units. It's Sienna’s fifth acquisition across Ontario this year.

Despite the state of the Toronto condo market, values are still much higher than seven years ago. As a result, Tridel and the court-appointed monitor for One Bloor West are seeking to cancel existing presale agreements, according to court filings.

Vancouver-based Lotus Capital Corp. has acquired a four-property Eastern Ontario grocery-anchored portfolio of shopping centres from Choice Properties REIT. The properties comprise approximately 292,000 square feet of leasable space.

By this time next year Vancouver-based Denciti Development Corp. expects to be leasing its latest purpose-built rental project, Anchor in Esquimalt. The company is working on two other capital region projects, the downtown Spencer Block and 1000 Craigflower in Esquimalt.

Optimum Financial Group has spent $35.2 million to acquire 2200 McGill College Ave. in downtown Montreal from iA Financial Group for its new global headquarters.

A calculator can give you the answer, but it can’t teach you the math. A few years ago, a broker closed a shopping centre sale at a six-per-cent cap rate. To the buyer, it had looked like a steal.

From commissions to client stability, brokers have more reasons than ever to put coworking space on the table.

Subdividing industrial buildings requires more than demising walls and separate entrances. Racking infrastructure becomes surprisingly complex in demised spaces, creating challenges that developers and agents need to understand before tenants move in.

The City of Calgary is creating a plan to support potential investors in redeveloping the former downtown Hudson’s Bay building, vacant since the retailer shut down earlier this year. It's part of a larger shift in the downtown retail sector.

Over the past two years, Allied Properties REIT (AP.UN-T) has been selling non-core properties. The REIT is adding two high-profile Toronto and Calgary assets to that list as it continues working to strengthen its balance sheet.

Cushman & Wakefield (CWK-N) has named former BMO Capital Markets executive Walid Cheaib as its vice-chair. We also report on a new director at CPP Investments, and hirings at Canada ICI, Fengate, Starlight and more.

A retail centre will be a key component of the first phase of Winnipeg’s massive Water Tower District redevelopment, with construction expected to start in 2026. It's a property Shindico founder Sandy Shindleman knows well, from personal experience.

Starlight Investments announced a plan to merge two of its Western Canada funds into a platform comprised of 15 properties in British Columbia with a total of 1,413 multifamily units, valued at approximately $639.4 million.

A 57-property real estate portfolio based in the Toronto area and owned by The Conservatory Group, is now available through a sales process conducted by EY. It's "the largest real estate portfolio to enter the GTA market in decades..."

Proment Corporation will spend $150 million to build the 314-unit Evolo Flex rental tower, marking the final major development phase of its Pointe-Nord neighbourhood on the northern tip of Montreal’s Nuns’ Island.

Saskatchewan’s retail real estate market is tightening further, with vacancy hovering near historic lows as strong consumer demand and steady population growth outpace development. This is sparking interst from both potential tenants, and potential investors.

Sustainable Development Group (SDG) is laying the groundwork to develop a 400,000-square-foot, four-tower project to deliver over 1,000 housing units in Barrie, Ont. It is to be constructed utilizing components from B.C.-based mass-timber prefabricator Intelligent City.