The Canadian purpose-built student accommodation (PBSA) market is dominated by companies with small portfolios, but companies like Forum Asset Management and Fitzrovia are looking to expand quickly in the sector.

Lankin Apartment REIT has acquired a 258-unit multifamily residential community in Ottawa, parent company Lankin Investments announced this week. The property was acquired for $72 million in a deal which closed last month.

Forum is marking 25 years of the partnership that built the company. As a privately held Canadian real estate developer with offices in Quebec, Ontario, and Alberta, we pair nationwide reach with a commitment to making a lasting, positive impact.

Leasing has kicked off at one of Toronto's newest communities, Marlow at 980 Dufferin St. from developer Fitzrovia. The purpose-built rental apartment will offer over 898 residential units across three towers.

Thousands of newly completed and forthcoming condominium suites — including small, investor-driven units not designed for long-term end-users — are entering a generationally weak Greater Toronto and Hamilton (GTHA) market shaped by higher interest rates, constrained financing and cautious buyers.

Oxford Properties has fully leased all 1.55 million square feet of space across four speculatively constructed buildings of the first phase at James Snow Business Park in Milton, Ont. 

Adam Jacobs is joined by Jasmine Young, vice president of advisory for Canada at Zonda, for a deep dive into the state of Ontario’s housing and development market.

Nokia’s Ottawa Innovation Campus redevelopment represents one of the most significant real estate projects undertaken in Canada in recent years. The campus brings multiple laboratory research environments, collaborative work places, and community amenities to support Nokia’s people and next-generation technologies.

The real estate and development industry has always been proud of its resilience, proud of its ability to weather rate shocks, political cycles and market unpredictability with a kind of stoic confidence. However, resilience is not the same as readiness.

While Canada remains a major global hub for higher education despite student visa caps negatively impacting international enrolment, it doesn’t have enough purpose-built student accommodation (PBSA) to meet demand.

The Land & Development conference at the Metro Toronto Convention Centre closed with a discussion about the most significant challenges, trends, risks and opportunities for investors, owners and developers across Canada.

The Canadian headquarters of Google in Toronto has been put on the market. The tech giant has been the sole office tenant at the 18-storey building at 65 King. St. E. for the past five years.

A request for qualifications (RFQ) was issued yesterday for a Port Lands waterfront community project in Toronto – Ookwemin Minising – expected to deliver up to 14,000 new homes.

BlueRock Therapeutics has become the anchor tenant in Seeker Labs’ new Catalyst building, a purpose-built life sciences facility at 77 Wade Ave. in Toronto's Junction neighbourhood.

Toronto-based Cameron Stephens Mortgage Capital Ltd. has named longtime executive Steve Cameron as president and chief executive officer, formalizing a leadership transition more than a decade in the making as the commercial real estate lender accelerates expansion in Western Canada.

A well-known office building at the border of Vancouver and Burnaby is undergoing a renovation as part of a masterplan development that will eventually include 2,535 homes and new commercial space at the site. 

Canada’s largest pension fund, CPP Investments, has completed the sale of its two-building office complex at 1 Queen St. E. and 20 Richmond St. E. in downtown Toronto, after putting the property on the market over a year ago.

The pain felt by Canada’s universities and colleges prompted by the reduction in international students isn’t stopping a group of organizations from building a massive student housing building in Surrey.

Fengate Asset Management has announced the launch of Toronto Rail Yards, a large mixed-use community to be built above the rail corridor south of Front Street West between Bathurst Street and Spadina Avenue in the city’s downtown area.

New communities are planned around assumptions that may not hold by the time homes are built. The problem is that while housing markets can change within months, neighbourhood planning moves at an entirely different pace.

Hazelview Investments founder and executive chair Ugo Bizzarri was presented with the Rental Housing Canada Lifetime Achievement Award. We also chronicle senior moves at CBRE, Starlight, Grosvenor, H&R REIT and more...

Construction is underway for Rose Towers, a new 1,290-unit purpose-built rental community at 241 Queen St. E. in Brampton, Ont. being developed by Skyline Group of Companies and Solmar Development Corp.

GUEST SUBMISSION: Ontario’s property assessment freeze began as a temporary pandemic-era measure intended to provide stability during a period of unprecedented economic uncertainty. Six years later, that temporary pause has effectively become government policy.

The largest Toronto office project of the last decade has been realized with architects WilkinsonEyre announcing yesterday the second phase of the mega CIBC SQUARE masterplan is complete.

While confidentiality agreements preclude the release of full details, PROREIT (PRV-UN-T) has entered into separate binding agreements to acquire a 100-per-cent interest in two industrial portfolios in Quebec City and Winnipeg for approximately $136.8 million, excluding closing costs.