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Crestpoint's $2.3B Minto deal strategy: Bulk up apt. portfolio

1 week ago

Crestpoint's $2.3B Minto deal strategy: Bulk up apt. portfolio

Crestpoint Real Estate Investments made headlines last week with its partnership with Minto Group to take Minto Apartment REIT private, but president / CEO Kevin Leon says the firm has been active on several fronts over the past couple of years.

Dream Impact crafts plan to focus on major T.O. developments

Dream Impact Trust (MPCT-UN-T) has unveiled a five-year plan centred around development, including major Toronto projects 49 Ontario and Quayside, and updated its strategy to reduce debt and maintain liquidity.

RTO mandates leading a surge in downtown condo rentals

As tens of thousands of employees are being called back to work at their offices full-time, it’s having a direct impact on Toronto’s real estate market — especially downtown rental.

Investors frustrated as real estate funds lock up their money

Across Canada, investors who poured billions into private real estate funds suddenly can’t touch their money. Stung by a deep downturn in housing, many of the funds have restricted cash distributions, client withdrawals or both, a process called "gating."

How Canada is powering the global data centre boom

Canada is uniquely positioned to emerge as a global hub for data centres, leveraging its climate and abundant renewable energy. Global M&A activity reinforces this trajectory, showing demand for Canadian facilities is set to accelerate.

Construction underway on new Stampede Park hotel

Construction has officially begun on a hotel in Calgary, bringing overnight accommodations directly to Stampede Park. The hotel was announced in June 2025, and early details revealed it will be an upscale boutique hotel with approximately 320 rooms.

Mayberry Hill offers new homes to meet new times

Adaptation to the ups and downs of the housing market has been core to Thomasfield Homes’ Mayberry Hill development in Grand Valley, Ont., a community described as a generational asset for the Guelph-based homebuilder and developer.

BGO triples plan for rental tower in Liberty Village

A long-brewing proposal to redevelop a block of lowrise buildings in Toronto's Liberty Village has been revived as a planned rental tower by BentallGreenOak that would soar to more than triple the height of what was previously planned.

Over 100 days in, how is Build Canada Homes performing?

The Government of Canada’s new approach to build and finance affordable housing at scale is now over 100 days in. So, how is Canada’s housing situation shaping up?

Federal properties slated for housing in Ottawa area pile up

The federal government hasn’t crossed anything off its list of properties slated for housing development in Ottawa-Gatineau — though some projects did inch forward in 2025. The land bank list includes 36 properties across the region. 

Toronto city hall banking on real estate rebound in 2026

Toronto city hall is budgeting on a better real estate market in 2026 — betting on tens of millions of dollars more in land transfer tax revenue this year, despite dire forecasts and Toronto-area home sales hitting a 25-year low.

RECO announces three-year reform plan

It looks like Ontario’s troubled real estate regulator is here to stay. On Thursday, the Real Estate Council of Ontario announced a three-year plan to reform the industry watchdog from within.

Canada is poised to lose 4,000 restaurants in 2026

OPINION: Based on current cost trajectories, balance-sheet conditions and consumer behaviour, industry experts expect Canada to lose roughly 4,000 restaurants on a net basis in 2026. This adjustment is already underway.

Moxies to close Yorkdale restaurant after 18 years

The Moxies Yorkdale closure comes against the backdrop of Yorkdale Shopping Centre’s repositioning as a luxury and lifestyle destination. Since 2012, the mall has completed three major expansions that reshaped its tenant mix and physical footprint. 

Five AI insights for facilities managers in 2026

The facility management field faces a range of challenges and opportunities in 2026 as technology drives change across the industry. AI in particular, is emerging as one of the most influential developments in decades. 

Groupe Montoni's old Molson Brewery site vandalised

Graffiti tags were discovered on the exterior wall of the old Molson Brewery on Saturday, just under the building's iconic clock face. The site is set to be transformed into a mixed-use residential neighbourhood with a park and pedestrian-only areas.

MCME Carell buys City Office REIT for $1B

MCME Carell, a joint venture between Elliott Investment Management LP and Morning Calm Management, has completed its purchase of City Office REIT. The company acquired it for US$7 per share of common stock.

DHL wraps up 1M-sq.-ft. facility in Pennsylvania

DHL Supply Chain has completed Annville Center of Excellence, its million-square-foot distribution centre in Annville, Pa. The facility, slated to begin operations later this year, will serve companies in the life sciences and health-care sectors.

The two office sectors fuelling new-to-market growth in D.C.

The past year in D.C.’s office market was a fight for stability, as the city sought to remain resilient amid massive turbulence. But now, signs indicate 2026 could be a year that brings a surge of new companies. 

Top CRE services firms aim to cash in on data centre boom

At first glance, it may have looked like just another acquisition. But CBRE’s purchase of a California support provider for technology networks is perhaps the CRE services industry’s biggest bet so far on the surging growth of data centres.

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