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BAZIS buys Toronto retail plaza, plans 3-tower redevelopment
BAZIS buys Toronto retail plaza, plans 3-tower redevelopment
BAZIS has purchased a retail plaza in Toronto's North York district from First Capital in an off-market deal worth $32 million in order to redevelop the property.
Colliers to acquire Triovest from Coril Holdings
Colliers (CIGI-T) has entered into a definitive agreement to acquire 100 per cent of Triovest's Canadian commercial real estate services platform from Coril Holdings.
Uncertainty weighs on Toronto, Vancouver homebuyers
Home prices in the expensive Greater Toronto and Vancouver markets ticked down, as they rose in Quebec, the Prairies and Atlantic Canada, according to Royal LePage's Q1 2025 national housing market report.
Repentigny launches a mega urban development project
The City of Repentigny, Que. has announced the launch of a major project called Avantia, to redevelop the industrial park located along Highway 40 into an urban area with 4,000 to 5,000 new homes.
Honda to move auto production to U.S.? Ont. gov't says no
Honda is considering moving its car production to the U.S. from Canada and Mexico, according to a Japanese news outlet. At Queen’s Park, Premier Doug Ford disputed reports suggesting Honda Canada’s sprawling factory in Alliston could be affected.
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Convert or demolish dilemma in Montreal
In downtown Montreal, crews could soon be demolishing a 16-story tower in good condition and a large hotel dating back only to 1984, to make way for condos.
Toronto office tower could be torn down for new skyscraper
A mid-rise office building dating back almost 70 years is on the chopping block as part of a new KingSett proposal. The plan for 60 Yonge St. would replace the current building with a soaring 65-storey tower.
'We need housing, it’s time to go all out'
LSR GesDev Group, which develops real estate projects in Greater Montreal and already manages a portfolio of 1,250 residential units, is embarking on a new cycle of growth, says CEO and founder Annie Lemieux.
Hilton hotel operated by Aquilini Group to open in Surrey
There will soon be a new hotel located near the southernmost end of Surrey City Centre, strategically located at the City Centre mixed-use tech campus and next to Surrey Memorial Hospital.
Vancouver eyes major policy overhaul to tackle hotel shortage
Key updates include allowing mixed-use hotel-residential projects in the central business district, permitting hotels on narrower sites under the Broadway plan, streamlining office and strata hotel conversions and promoting development near transit hubs.
Tariffs not expected to impact Calgary's $900M stadium build
It’s three floors down and nowhere to go but up for the new $900-million arena for the NHL’s Calgary Flames, even with the ongoing tariff war with the United States.
ExxonMobil closing Moncton office, 250 jobs to be lost
ExxonMobil is closing its Moncton call centre, resulting in 250 people losing their jobs by the end of 2026. According to the provincial government, the jobs at the business support centre will be cut between June this year and December 2026.
DXC opens first office in Toronto
Technology services provider DXC Technology has opened its first Canadian sales centre in the heart of Toronto. DXC has operated in Canada for over 20 years, with teams across all 10 provinces supporting more than 350 customers.
Canada’s first fully automated leafy greens greenhouse
Haven Greens, a high-tech agricultural venture in King City, Ont., has opened the country’s first fully automated baby lettuce greenhouse, aiming to transform how Canadians source their food. The 10-acre greenhouse is entirely touchless from seeding to packaging.
In-store shopping still reigns supreme for Canadians: KPMG
Despite the rise in online retail during the pandemic, it’s clear that the death of the physical location had been exaggerated, with six-in-10 Canadians still mostly shopping at brick-and-mortar stores, according to a new KPMG report.
P&G releases development plan for 31-acre South Boston site
Procter & Gamble has revealed plans for its 31-acre site along the Fort Point Channel that could include 20 buildings. The 5.7-million-sq.-ft. proposal includes roughly 1,800 housing units, making up 30 per cent of the plan's gross floor area.
REITs leverage joint venture partnerships to fuel expansion
REITs have plenty of levers to pull to access capital, and one that is growing in popularity these days is joint ventures — with deals that are growing in frequency and size.
Lowe’s targets professional customers in $1.3 billion deal
Lowe’s Cos. has agreed to buy an interior services provider for around US$1.3 billion, the retailer’s latest effort to expand its footprint with professional contractors amid a soft U.S. housing market.
Workday's new lease is Europe's largest office deal In 4 years
Workday has agreed to a 416,000-sq.-ft. office letting at M&G Real Estate and Marlet Property Group’s College Square scheme in Dublin. The deal will unify California-headquartered Workday’s 2,000 Ireland-based employees from two locations into one single hub.
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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