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Amexon converting Toronto office building to loft-style residences
Amexon converting T.O. office building to loft-style residences
Amexon Development Corporation is converting a sparsely occupied 15-storey office building, which it has owned for 20 years, to purpose-built rental housing near Eglinton Avenue East and Don Mills Road in Toronto.
Is development back in Toronto? Jump in Q1 proposals
After several quarters of lukewarm activity, new development proposal activity in Toronto appears to have turned a corner, with application volumes and proposed floor areas rebounding strongly in the first quarter of 2025.
Pavilion Cowork expands in Calgary, Vancouver
Vancouver-based Pavilion Cowork plans to open two new facilities in the coming months, including its first outside of its home city. The company plans to open in Calgary this fall.
Epic Investments acquires west-end Ottawa retail plaza
Epic Investment Services has added its name to the list of buyers acquiring retail properties in recent months, acquiring the grocery-anchored Ottawa Greenbank Hunt Club Centre on behalf of an unnamed client investor.
Sightline spends $100M on 26 single-family lots in Vancouver
A total of 26 single-family lots were recently snapped up by the developer Sightline Properties on an East Vancouver city block for a potential future high-density, transit-oriented development site. The combined sale prices came to about $100.4 million.
Montreal approves Allied's Nordelec project
Montreal city council has approved a modified project to construct buildings around the Nordelec complex in Pointe-St-Charles despite objections about the increased height and density limits and “vague housing commitments” from the developer Allied Properties REIT (AP-UN-T).
 | North American Steel New fire codes for racking: What you need to knowUpdated fire codes for pallet racking impact design, safety, and leasing decisions. Industrial tenants and agents must stay informed to stay compliant. Sponsored by: North American Steel |
New EQ Bank office to 'tap into the talent of Calgary'
Canada’s seventh-largest bank is expanding its operations in Calgary with a new Beltline office. Dozens of employees from EQ Bank, which is the digital brand of Equitable Bank, gathered for a ribbon cutting at the new office on 909 11 Ave. S.W. on Wednesday.
Strategic Storage Trust VI opens new GTA self-storage facility
Strategic Storage Trust VI, a non-traded REIT sponsored by an affiliate of SmartStop Self Storage REIT, in partnership with SmartCentres (SRU-UN-T), has opened new class-A self-storage facility in Toronto. The facility features approximately 120,000 square feet of climate-controlled storage space.
T&T Supermarket opening another store in Mississauga
Asian grocery retailer T&T Supermarket will open its second store in Mississauga. Located at 3055 Vega Blvd., between Dundas St. W. and Hwy. 403, the 40,000-square-foot store is to open in summer 2026.
Seven & i proposes board shakeup amid Couche-Tard bid
Japan’s Seven & i Holdings is proposing to shake up its board of directors ahead of its annual shareholders meeting next month, seeking to build investor confidence as it deals with a multibillion-dollar takeover bid by Alimentation Couche-Tard (ATD-T).
B.C.'s Oakridge Park dev. to feature 500 EV charging stations
A 28-acre project being co-developed by QuadReal Property Group and Westbank Corp., the mixed-use Oakridge Park will feature a fully electrified 6,000-car garage, with the charging component powered by clean energy.
Developers turn to ‘creative placemaking’ to generate buzz
Real estate developers around the world are increasingly looking to Canada for inspiration on public space experiments known as “creative placemaking” that attempt to fuse artistic expression, community consultations and cold, hard commerce.
DiamondCorp proposes twin towers near Glencairn Station
DiamondCorp has proposed a twin residential tower complex just to the southwest of Glencairn station on University Line 1. The proposal calls for one tower of 38 storeys and another of 40 storeys to rise from a shared five-storey podium.
Vancouver councillors raise alarms about loss of SRO units
OPINION: The conversion of the former single room occupancy (SRO) Clifton Hotel into a commercial hotel has raised concerns at Vancouver city council. City staff recommended a $1.1M payment for the conversion — but could have sought $22M.
Real estate podcasts
Eric Aderneck, Urban planner: Industrial insights & market moves, VCREP
Edward Chang, Silverbirch Hotels: Value in hospitality, People Who Perform
State of Lending: Navigating new CRE lending rules, CRE Podcast
CPP Investments sells $1.2B private equity portfolio
The Canada Pension Plan Investment Board says it has sold a portfolio of 25 private equity fund interests in North American and European buyout funds for $1.2 billion in net proceeds.
Brookfield’s $885 million loan is delayed until market calms
A US$885-million leveraged loan intended to refinance existing debt of Brookfield Properties Retail has been postponed until the market stabilizes more and investors can find common ground with the borrower on pricing, according to people with knowledge of the matter.
Prologis cuts up to $1B from development plans
Prologis cut its expected spending on developing and stabilizing new projects, revising its uppermost projection for such investments by over US$1B. The company also experienced a Q1 leasing slowdown it said stemmed from tenants' hesitation to make decisions.
Powell says Fed is watching CRE lenders closely
Federal Reserve Chair Jerome Powell warned the impacts of Trump administration tariffs are likely to include higher inflation and slower growth. He also addressed concerns about distressed CRE loans on bank balance sheets and the rise of private credit lending.
Industry Events
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Edmonton Real Estate Forum
May 27 2025
Edmonton Convention Centre
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Land & Development
Jun 05 2025
Metro Toronto Convention Centre - North Building
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Southwestern Ontario Real Estate Forum
Jun 11 2025
to Jun 12 2025
RBC Place London, Ontario
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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