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Starlight acquires Oxford Properties' Brampton Towers: $312.1M

15 hours ago

Starlight acquires Oxford's Brampton Towers: $312.1M

Starlight Investments has added another major Greater Toronto Area property to its portfolio by acquiring the Brampton Towers, comprising four purpose-built rental towers with 1,116 apartments, from Oxford Properties for $312.1 million.

How grocery giants control who can sell food in your area

Canada’s biggest grocery giants — including Loblaws, Sobeys and Metro — are using property law to control how other grocery stores, dollar stores, pharmacies and gas stations can compete with them, an investigation by CBC’s Marketplace has found.

Montreal aims to ease rules for developers

Montreal Mayor Soraya Martinez Ferrada announced she is doing away with her predecessor Valerie Plante’s policy that required developers to devote a portion of their project to affordable and social housing or pay a financial penalty.

Europro JV acquires Toronto’s Yonge Corporate Centre

Europro, Arista, Fieldgate Commercial Properties and Paradise Commercial have acquired Toronto’s Yonge Corporate Centre from Cadillac Fairview for an undisclosed price.

HBC landlords seek $2.4M in court costs after lease battle

Former landlords of Hudson’s Bay are awaiting a court decision on a motion seeking roughly $2.4M to cover costs in the legal battle that led to the court rejecting Ruby Liu's plan to take over 28 Bay store leases.

Toys "R" Us closed 19 stores in the last two months

After closing dozens of stores last year, Toys “R” Us Canada is down to just 22 locations across the country, with only five left in all of Western Canada, a new analysis shows.

Speculation intensifies around MTY Food Group

Speculation surrounding the future of Montreal-based fast-food and full-service franchisee MTY is intensifying as reports circulate that at least two potential buyers have made purchase offers. MTY operates more than 80 brands, including Sushi Shop and Thai Express.

Top Toronto housing official going to Build Canada Homes

One of Toronto's top housing officials is leaving City Hall for a role at Build Canada Homes, in a move that strips the city of expertise just as it prepares to greenlight a massive wave of construction near transit stations.

38-storey housing development approved in Brampton

Brampton’s planning and development committee has given the green light to a proposed 38-storey residential building near Queen Street and Hansen Road. The proposed development will have 514 residential units and 842 square metres of gross retail floor area.

26-storey rental housing tower proposed for Vancouver

A two-storey commercial building on West Broadway in Vancouver’s Fairview area could be redeveloped into a 26-storey, mixed-use residential and commercial tower. Last year, Unicorn Properties and W.T. Leung Architects submitted a rezoning application to redevelop 1668 West Broadway.

Hotel sites proposed for Colwood, B.C. waterfront dev.

As construction ramps up on the waterfront area at Royal Bay in Colwood, B.C., developers Seacliff Properties and Reliance Properties have asked council to consider two areas of the site for hotel projects. 

Ottawa rules replace SFHs with condos lacking parking

OPINION: The City of Ottawa is about to pass new zoning rules that can fundamentally change the nature of any established single-family-home street in the city by allowing three-storey, multi-residential buildings. These lot-filling behemoths don’t even have to provide parking.

New international student arrivals plunge 97% in two years

Canada recorded some of the lowest international student arrivals in recent months, with only 2,485 new study permit holders in November 2025, according to Immigration, Refugees and Citizenship Canada (IRCC) data. 

PBO casts doubt on housing investment projections

A new report from the Parliamentary Budget Officer is taking a closer look at Ottawa’s capital spending plans and what they may actually deliver for housing on the ground.

Americold's cold storage in N.B. nears completion

A nearly completed, 190,000-square-foot cold-storage plant in Saint John is expected to create 100 jobs by 2029. It's the result of a partnership between Port Saint John and Americold, which owns or operates 239 cold-storage facilities worldwide.

Business leaders cautiously back Carney’s Davos speech

Finding new trading partners is vital for Canada’s economy, but we can’t replace the U.S., say Canadian business leaders who gave a qualified thumbs-up to Prime Minister Mark Carney’s speech at the World Economic Forum in Switzerland this week. 

Cohen Brothers loses Manhattan headquarters to foreclosure

The walls are closing in on the real estate empire of billionaire Charles Cohen, who is in the midst of a fire sale that is so far generating far less cash than he predicted.

EQT CEO targets real estate expansion after deal to buy Coller

Private equity group EQT AB wants to expand its existing real estate franchise after making a series of strategic acquisitions, including its latest purchase of secondaries platform Coller Capital Ltd.

Lending nearly doubled for U.S. offices In 2025

Money flooded back into the office market last year, but it wasn’t spread evenly among building classes, according to a new report. Lenders outlaid nearly $46B in loans in 2025, a 92 per cent increase from the year prior.

JLL: Three U.S. cities dominate high-street retail growth

Prime urban retail is consolidating into a “winner-take-all” environment, dominated by three cities. JLL’s latest City Retail Report revealed that New York, Los Angeles and Miami capture 60 per cent of all notable retail expansion in prime urban corridors.

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