Land and construction costs that continue to outpace rents and leasing rates are among the key factors holding back development in all four of the main commercial real estate sectors.

Groupe Brivia has sold the Centre Carnaval shopping centre, a 14.9-acre redevelopment site in the Montreal borough of LaSalle to Groupe Laberge and Groupe Kevlar to transform into a multi-phased, mixed-use community.

Allied Properties Real Estate Investment Trust (AP-UN-T) reports it has 10 “non-core” Canadian properties either under contract or in negotiations for sale, and has an additional nine properties for sale in Toronto.

As we proudly celebrate our 30th anniversary, Cogir reaffirms its belief that real estate is far more than bricks and mortar—it is a way to shape experiences, enhance quality of life, and create value that goes beyond financial returns.

There were differing opinions on the state of real estate investment trusts during the closing roundtable session of RealREIT at the Metro Toronto Convention Centre, after an earlier session reviewed the performance of Canadian trusts.

UPDATED: Artis REIT (AX-UN-T) intends to merge with Toronto-based RFA Capital Holdings Inc., creating a public entity known as RFA Financial. Management plans to sell Artis' real estate assets and reinvest the proceeds into sectors offering higher returns.

Modular precast construction techniques being used at an 11-storey purpose-built rental apartment at KingSett Capital’s Valhalla Village development in Toronto, have allowed the construction team to raise the building one floor every nine days.

The U.S. build-to-rent (BTR) sector has grown at unprecedented levels, with over 110,000 homes under construction in 2025, representing a 53.5 per cent increase over the current supply.

Urbacon Data Centre Solutions (UDCS) has completed a $320-million financing to accelerate the development of its DC4, DC5 and DC6 data centres at the Barker Business Park Digital Campus in Richmond Hill, just north of Toronto.

CAPREIT (CAR-UN-T) has sold its land lease interest in the International Plaza apartment complex in North Vancouver to Nch’ḵay̓ Development Corp., for $54.2 million.

Multifamily transaction volume in the Greater Toronto Area (GTA) was $2.4 billion in 2024, and brokers are forecasting a strong finish to 2025 that could see investment activity match or surpass that figure.

Toronto improved from fourth to third in CBRE’s 12th annual Scoring Tech Talent ranking of North America’s top technology employment markets, while Waterloo Region rose 11 spots year-over-year, tying for the biggest gain and moving into seventh spot.

Avenue Living has surpassed $8.5 billion in assets under management following a record-setting year driven by more than $1.2 billion in acquisitions across its core real estate platforms. 

For years, office-to-residential conversions have been viewed with skepticism as too costly, too complex, too unpredictable. But in cities like Kitchener and across Southwestern Ontario, that mindset is beginning to change.

Oxford Properties Group announced Daniel Fournier will step down as its leader on Nov. 3, with Eric Plesman rejoining the firm to take on the roles of president and CEO in what Oxford calls a “planned leadership transition.”

Ravelin Properties REIT (RPR-UN.T) has acquired the remaining 25 per cent interest in two Greater Toronto Area office properties, and has agreed to a forbearance period connected to a CIBC loan for an office property in Chicago.

One of Canada’s best-known senior executives in the commercial real estate industry, CBRE chairman Paul Morassutti, plans to step into retirement at the end of this year.

The Canadian commercial real estate market is undergoing a quiet recovery, characterized by stable overall capitalization rates (OCR), a continued flight to quality—particularly in well-located retail and residential assets—and divergent performance across sub-markets.

In the wake of the COVID epidemic and amid ongoing economic headwinds, some developers are finding an investment sweet spot: mid-size retail plazas.

Alternative Capital Group has put two recently built, upscale multifamily buildings near Montreal with a combined 154 units on the market and its brokerage expects strong investor interest in the properties.

RealServus has appointed Bronwyn Smith as CEO, succeeding outgoing president John Lusink, who will continue at the company as vice chair. We also report senior executive moves at Desjardins, Slate Asset Management, Starlight, Dominion Lending and more...

Toronto-based private investment firm Hennick Group has acquired the Mandarin Oriental Retail Collection in Boston for $83 million, a ritzy asset located at the base of a luxury hotel and inside the Prudential Center.

Derek Lobo, the founder and CEO of SVN Rock Advisors Inc. who has spent more than three decades in the apartment industry, has founded the National Apartment Council to provide a united voice for Canada’s private apartment developers.

Skyline Group of Companies already manages about 20 per cent of the rental apartment buildings in Owen Sound, Ont., and that number will increase after the recent groundbreaking for a 267-unit complex at 3195 E. Bayshore Rd.

Mehan Group and its affiliated companies have assembled a portfolio of Ontario properties valued at more than $200 million, and it’s preparing to launch its biggest development at 2655 Lawrence Ave. E. in the Toronto suburb of Scarborough.