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Article

High-density land values nosedive in Greater Toronto Area

Steve McLean Residential Land Prices Toronto / GTA Aug. 19 2025

The high-density land market in the City of Toronto and its suburbs experienced a significant decline in pricing and investor sentiment in Q2, according to the latest GTA High Rise Land Insights Report from Bullpen Research & Consulting and Batory Management.

 

Article

No time for timidity

Residential Housing National Aug. 19 2025 SPONSORED

An escalating housing crisis, shifting economic conditions, volatile energy markets and growing global pressures are reshaping how we think about the built environment. Canada is at a crossroads - green building offers a way forward. 

Column • The People Space

Di Marco to succeed DeLucchi as Madison Pacific Properties CEO

RENX Staff People Space CEOs Metro Vancouver Aug. 18 2025

After more than a decade as one of Madison Pacific Properties' senior executives, Dino Di Marco will succeed John DeLucchi as its president and CEO effective Sept. 1. DeLucchi will continue in his role as board chair.

Article

Starlight breaks ground at Harris Green Village in Victoria

Residential Apartments Metro Vancouver Aug. 18 2025

Starlight Investments, a national rental residential and commercial developer and owner, has broken ground on Phase I of Harris Green Village in Victoria.  It's a three-phased, mixed-use development that will deliver 526 rental suites in the first chapter.

Article

Allied updates leasing, tenants at Toronto, Vancouver developments

Tyler Choi Commercial Leasing Toronto / GTA Aug. 18 2025

Allied Properties REIT (AP-UN-T) has updated leasing and tenancies at mixed-use developments in Toronto and Vancouver, unveiling Whole Foods Market as anchor tenant at KING Toronto and expanded leasing at the M4 office building on Vancouver’s Main Alley Campus.

Article

Anthem, BGO form first JV to develop Coquitlam apartments

Evan Duggan Residential Apartments Metro Vancouver Aug. 15 2025

The appetite to develop purpose-built rental projects in the Lower Mainland continues to stay strong with Anthem Properties and BGO announcing a partnership to build a new rental building in Coquitlam. 

Article

Automotive Properties buys 7 auto businesses, ups distributions

RENX Staff Commercial Transactions Greater Montreal Aug. 15 2025

Automotive Properties REIT (APR-UN-T) is acquiring seven automotive dealership and collision centre properties, in Greater Montreal and in Orlando, Fla., for a total of $93.5 million, the trust announced today in its Q2 financial report.

 

Article

How Halifax multifamily developers are rising to new challenges

Jody Comeau Residential Apartments Halifax Aug. 14 2025

GUEST SUBMISSION: While new construction starts in Toronto and Vancouver have significantly slowed, you may be hearing that construction in Halifax is humming along. It is, thanks to the city's unique location and apartment market.

Article

Rogers to sell 9 Canadian data centres to InfraRed Capital

RENX Staff Commercial Data Centres Toronto / GTA Aug. 14 2025

Toronto-based telecom titan Rogers Communications Inc. (RCI-B-T) said it has an agreement to sell nine of its Rogers Business data centres to U.K.-based infrastructure investment manager InfraRed Capital Partners, intending to pay off debt with the proceeds.

Article

Equiton’s Apartment Fund acquires first B.C. property

Steve McLean Residential Transactions Metro Vancouver Aug. 14 2025

The Equiton Residential Income Fund Trust (Apartment Fund) has acquired a 117-unit rental complex in Burnaby from a Vancouver-based private ownership group for $45.625 million. It is the company's first foray into British Columbia.

Article

Capital Square JV buys Montreal site, plans $500M development

Danny Kucharsky Residential Transactions Greater Montreal Aug. 13 2025

A venture led by Capital Square plans to spend over $500 million to build a multi-phased, primarily residential transit-oriented development in Montreal’s Anjou borough after acquiring a 200,000-square-foot site from First Capital REIT.

Article

Altus Group considers 'potential transaction' to buy company

RENX Staff Commercial Transactions National Aug. 13 2025

UPDATED WITH ADDITIONAL DETAILS: Toronto-based Altus Group (AIF-T) has acknowledged it is undergoing a “strategic review” in response to a media report that it is considering a “potential transaction” for the company.

Article

Killam grows revenues, CEO 'very pleased' with Q2 financials

Steve McLean Residential REITs Halifax Aug. 12 2025

Killam Apartment REIT (KMP-UN-T) president and chief executive officer Philip Fraser told analysts during an Aug. 7 online presentation that he was “very pleased with our strong financial and operating results for the second quarter.”

Article

CentreCourt to join Dream JV to co-develop 49 Ontario in Toronto

Don Wilcox Residential Partnerships Toronto / GTA Aug. 12 2025

UPDATED: Dream Unlimited Corp. (DRM-T) has found its partner to co-develop a two-tower multifamily project at 49 Ontario St., in Toronto, announcing CentreCourt will enter the joint venture. Construction is to begin before the end of the year.

 

Article

RioCan exits 5 HBC properties, focuses on 'strong' retail operations

Steve McLean Commercial Retail National Aug. 11 2025

RioCan is exiting from five properties in which it was a financial partner with bankrupt Hudson Bay, but while that saga and its apartment building sales may be big headline generators, the trust’s attention remains focused on its retail operations.

Article

Lots of activity in Manitoba’s Grande Pointe Industrial Acres

Steve McLean Commercial Industrial Winnipeg Aug. 11 2025

Cobblestone Homes has sold several small bay buildings on Discovery Drive in Grande Pointe Industrial Acres, just southeast of Winnipeg, to a local family-owned business for $34.36 million.

Column • The People Space

New leadership at Panattoni; senior execs at Fiera, OREA, Parvis...

Don Wilcox People Space CEOs National Aug. 10 2025

Global industrial real estate developer Panattoni has restructured its leadership team, including the appointment of Adon Panattoni as global chief executive officer. We also report on new senior hirings at Fiera, OREA, Parvis and more...

Article

Fast-growing Leyad opens Edmonton office

RENX Staff Commercial Retail Edmonton Aug. 8 2025

Private Montreal-based real estate investor and manager Leyad is opening a new office in Edmonton to service its growing retail portfolio in the region, where it intends to continue expanding its operations.

Article

Allied Properties CEO sees 'improving fundamentals' in urban CRE

Steve McLean Commercial REITs Metro Vancouver Aug. 8 2025

Allied Properties REIT (AP-UN-T) president and CEO officer Cecilia Williams is encouraged by the trust’s Q2 performance, as leasing activity increases, major occupiers bring more workers back to the office, net rents stabilize and non-core property sales accelerate.

Article

GWLRA apartment strategy focused on 'long-term' investment

Danny Kucharsky Residential Apartments Greater Montreal Aug. 7 2025

When GWL Realty Advisors (GWLRA) builds new purpose-built rental developments like Montreal's Le Livmore Ville-Marie, it stresses to its construction teams that they’re meant to last says John Bannock, the firm's vice-president, development.

Column • CRE Data Deep Dive

What will renters pay more for? Apartments that offer human connections

Sarah Segal Residential Wellness National Aug. 7 2025

What if the secret to higher resident satisfaction, and even better health, was as simple as a muffin and a chat? In our latest deep dive into renter preferences across Canada, simplydbs uncovered surprising truths from over 740,000 data points.

Article

The Montréal of the Future® 2025 exhibition

Commercial Development Greater Montreal Aug. 7 2025 SPONSORED

Cities of the Future Management is pleased to present the ninth biennial edition of the architectural and urban development event entitled THE MONTREAL OF THE FUTURE® at the World Trade Centre of Montreal, from September 24 to 29, 2025.

Column • The People Space

Daniel Farina named next president, CEO of CDPQ Infra

RENX Staff People Space Infrastructure Quebec Aug. 6 2025

Daniel Farina is to become the next president and CEO of CDPQ Infra Inc., taking over the top roles from Jean-Marc Arbaud as of Jan. 1, 2026.

Article

Oktodev buys Place Laval land, plans phased residential development

Steve McLean Residential Acquisition Greater Montreal Aug. 6 2025

Oktodev's acquisition of a large parking facility adjacent to the Place Laval office complex in the Greater Montreal city is part of an emerging new focus for the firm: the creation of multi-phased developments.  

Article

InnVest exits investment in Choice Hotels Canada for $154M

Don Wilcox Residential Hotels and Resorts National Aug. 6 2025

Toronto-based InnVest Hotels has divested its 50 per cent ownership stake in Choice Hotels Canada for $154M (all figures Canadian) to Choice Hotels International as the parent firm moves to expand and increase control of its international lodging holdings.

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