Avenir Immobilier has purchased the Belgo, a more than century old building in the heart of downtown Montreal’s entertainment district that is home to one of the largest concentrations of contemporary art galleries in the country.

Concert Properties Ltd. has formed a joint venture with an affiliate of Brookfield Asset Management Ltd. for a Canadian industrial portfolio valued at approximately $1 billion with eight properties, totalling 5.3 million square feet.

Leyad has added to its growing mall portfolio after acquiring the 456,430-square-foot Intercity Shopping Centre in Thunder Bay, Ont. from the Healthcare of Ontario Pension Plan (HOOPP) for an undisclosed price.

Stafford and DBS Developments have announced the companies will partner on a 524-unit purpose-built-rental (PBR) apartment project in Toronto's Yonge and Sheppard neighbourhood.

Condo inventory remains high in Toronto area cities but there are marked differences in the prices per square foot based on the desirability of the unit-type, a new report found.

Upfield Capital and Arrowleaf Real Estate have partnered to acquire Cornerstone at Uplands, a 181-unit purpose-built townhome rental community under construction in Edmonton. The companies acquired Cornerstone at Uplands in an off-market deal from StreetSide Developments Edmonton. 

National portfolios are increasingly operated centrally. Procurement has professionalized. Facilities management has consolidated. Reporting and compliance systems have evolved to give portfolio managers real visibility across assets. Exterior operations remain the exception.

There was a heavy emphasis on multiresidential projects when experts weighed in on whether land buyers and sellers are starting to better align and where they see things moving forward during the first panel discussion at Toronto's Land & Development conference.

Capital Developments founders Todd Cowan and Jordan Dermer have launched Address, a new platform dedicated entirely to purpose-built rental apartment development.

The much-anticipated Oakridge Park opened its 650,000-sq.-ft. retail and dining centre yesterday. By QuadReal Property Group and Westbank, the development aims to pull a share of Vancouver's luxury retail and residential heft to the south.

Brasswater Inc. has purchased a three-building, 290,000-sq.-ft. office portfolio in Ottawa from Crown Realty Partners. Crown announced the closing of the sale in a statement released this morning.

While suburban development continues, an increasing share of Québec City’s new housing supply is coming from the redevelopment of existing sites and underutilized land and buildings in established areas, creating a new phase of multifamily real estate investment.

An unnamed European family office represented by Canadian Urban Limited has purchased Laurence, a 230-unit mixed-use purpose-built rental apartment in Old Montreal, from developer Mondev for approximately $135 million.

Groupe HD and Fondaction officially broke ground last week on a development which will ultimately bring nearly 1,200 residential units to a neighbourhood connected to the Olympic District of Montreal.

More than 10 million square feet of Canadian office space has been converted, demolished, put into the pipeline for redevelopment or rumoured to become so, according to Avison Young's principal and director of market intelligence for Canada, Marie-France Benoit.

Castlepoint Numa and Hazelview Investments have started construction on a 255-unit purpose-built rental apartment at 72 Perth Ave. in Toronto’s Junction Triangle. Each company will own a 50 per cent share in the project.

In this episode of Working Capital, host Jesse Fragale sits down with Tom Clancy, an industrial real estate broker based in Toronto with years of experience in one of the most misunderstood asset classes in commercial real estate.

Better data, off-market inventory, and AI-powered analysis — this is what modern land brokerage looks like.

In today’s more selective capital environment, Canada’s industrial sector continues to demonstrate resilience, driven by structural demand and disciplined supply—rather than cyclical momentum.

As Canada's health-care system struggles under the pressure of an aging population and growing funding demands, a shift is reshaping the sector's commercial real estate landscape. Medical office buildings are drawing serious attention from investors, developers and health-care providers alike.

Grosvenor has named a new Canadian leadership team, which the U.K.-based real estate company says reinforces its long-term commitment to Metro Vancouver as a core market. They will oversee a growing Canadian portfolio valued at approximately $2.8 billion.

Kwang Pithayachariyakul has been named by Oxford Properties as director in its Sydney office, where she will relocate from her present position in Toronto. We also chronicle senior moves at Choice Hotels, Avison Young, Plaza REIT and more...

Fresh off of selling the former Toys “R” Us' Greater Toronto Area warehouse and headquarters in March, Toronto-based Pure Industrial has acquired two large properties in Ontario, RENX has learned.

Over the past two years we've seen rising vacancy, affordability pressure, shifting economic conditions and evolving resident expectations. Yet one question remains at the centre of leasing/operational strategies: What do renters value most and how quickly is that changing?

Toronto-based Slate Grocery REIT has received a buy-out proposal from its external manager, Slate Asset Management, the REIT announced this morning. Slate Grocery said its board of trustees has established a special committee in response to the proposal.