LocationsRecent Articles
Former AIMCo RE head Paul Mouchakkaa joins Crow Holdings
Former AIMCo RE head Paul Mouchakkaa joins Crow Holdings
Paul Mouchakkaa, who served as head of real estate at Alberta Investment Management Corp. (AIMCo) managing its $30-billion global real estate portfolio, has taken a senior executive position with Dallas-based Crow Holdings.
Allure's incentives created to thaw 'frozen' investors, buyers
A lack of trust among buyers and investors in the pre-sale condo market is leading developers to offer increasingly creative incentives, including programs to help protect the value of the investments. Surrey-based Allure Ventures is among these companies.
Mattamy Homes founder to start prefab housing factory
Real estate developer Peter Gilgan plans to start a home-building factory in the Toronto area, the billionaire’s second attempt to create a prefabricated homes business as the federal government looks to boost home construction.
Tech tenants keep firm grip on Metro Vancouver office space
Metro Vancouver’s tech sector continues to dominate the region’s office sector, according a Cushman & Wakefield report. The local tech sector accounts for 36.4 per cent of the current 1.4 million square feet occupied by active tenants.
BNS to require some staff to work from office 4 days a week
Bank of Nova Scotia is requiring certain groups of employees to work in the office four days a week, making it the second major lender to have staff work in-person more often.
 | Shindico Shindico celebrates 50 years of successShindico, one of Manitoba’s most prominent real estate firms, is celebrating its 50th anniversary. Founded in 1975 by Sandy Shindleman, the company has grown from a small brokerage in Portage la Prairie into a leader in commercial real estate. Sponsored by: Shindico |
Parkland shareholders should accept $7.7B Sunoco takeover
Shareholders of Canadian gas station and convenience store operator Parkland Corp. (PKI-T) will be leaving value on the table by accepting a $7.7B takeover offer from Sunoco LP, but it might be their best option one analyst said.
Hotel plans for long-vacant Surrey business centre
A well-known developer is the buyer of Westfield Business Centre in Surrey. RBI Group of Companies president Sukhminder Rai said a 180-room hotel is planned for the site in addition to existing office and retail space and a supermarket.
CABN shifts production, focuses on building envelopes
Toronto-based prefab homebuilder CABN has reworked its business model to sell only the building envelope, instead of finished homes, so the company can construct housing faster, at lower cost, and more sustainably.
Will Canadians buy the pre-fab housing Ottawa wants to sell?
OPINION: The federal government has tabled the biggest housing intervention since 1946: up to $25B in low-cost loans plus $1B in equity for firms doing modular and other factory-built housing, all bundled into the Build Canada Homes agency.
Canada is about to get its tallest building
Toronto will break the record for Canada’s tallest building twice in the coming months, though, of these contenders, it will be a megalithic 106-storey behemoth at the foot of Yonge Street that will likely retain this title for years to come.
Average asking rents fall for 8th month to $2,129: report
The national average asking rent in May was down 3.3 per cent from a year earlier at $2,129, marking the eighth consecutive month of year-over-year decreases. Purpose-built apartment asking rents declined two per cent from a year ago.
Developers vie for Montreal's iconic Hudson's Bay building
Developers have already started bidding to purchase Montreal’s iconic Hudson’s Bay building on Ste-Catherine St. The new vocation for the 134-year-old building that helped launch Montreal’s modern downtown core has yet to be determined, however.
Plan to rename HBC stores the New Bay carries legal risk
A billionaire B.C. mall owner who is seeking to acquire up to 28 Hudson’s Bay store leases is likely to run into trademark issues if she moves forward with a plan to launch department stores called “New Bay,” experts say.
The end of Saks Fifth Avenue in Canada
It has been a week since the last HBC stores closed, bringing the end of an era for the country’s oldest retailer. Quietly included in the wider liquidation process was the shutdown of Saks Fifth Avenue’s Canadian operations.
Canadian businesses showing signs of strain
Equifax Canada’s business credit report out today shows delinquencies are rising for businesses across the country, with the rate in some sectors reaching levels not seen since the financial crisis in 2009.
Oxford, Related explore sale of gym, hotel in Hudson Yards
Related Cos. and its partner Oxford Properties are exploring a sale of part of 35 Hudson Yards, a tower on Manhattan’s far west side that houses the Equinox Hotel. The deal has a potential price tag of roughly US$600M.
Centerbridge seeks $1 Billion to hold Canadian bank for longer
Centerbridge Partners aims to raise about US$1 billion to give it more time to hold its minority position in Fairstone Bank of Canada, according to people familiar with the matter.
Worksite immigration raids ramp up, stoke fear in construction industry
The U.S. construction industry is bracing for a potentially significant loss of its workforce as sweeps by Immigration and Customs Enforcement (ICE) spread to workplaces as part of President Donald Trump’s crackdown on unauthorized immigrants.
Amazon planning 1,370-acre Virginia data centre campus
Amazon Web Services has proposed a campus with more than 7.2M square feet of data centre space in the small, rural community of Louisa County, Va. AWS plans initially to build four data centres at the site.
Industry Events
-
Montréal Real Estate Forum
Jun 17 2025
to Jun 18 2025
Palais des congrès de Montréal
-
CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
-
Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
-
BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
-
Ottawa Real Estate Forum
Oct 09 2025
Rogers Centre, Ottawa
Follow us on Social Media
Follow RENX on your favorite social media platform for news delivered to your feed.
Locations
