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Two large Montreal apartment buildings listed for sale
Two large Montreal apartment buildings listed for sale
Two sizeable Montreal apartment buildings have been listed for sale by CBRE in recent days and, while one is 55 years older than the other, they are signs of ongoing interest and activity in the multifamily transaction market.
Reliance, Germain JV on Vancouver office-to-hotel conversion
Promising tourism expectations in Vancouver and a sluggish office leasing market gave Reliance Properties the confidence to partner with Germain Hotels to convert an aging office building near Coal Harbour into a new hotel.
Parkland CEO to retire as company faces an activist campaign
Parkland Corp. (PKI-T) chief executive officer Bob Espey will retire by the end of the year as part of the fuel distributor’s attempt to defuse an activist campaign launched by its largest investor.
 | CRE Matters Turning your back on ESG will hurt in the long runTonya LagrastaHead of ESG, Colliers Real Estate Management Services Canada |
Uncertain economy reigns: BoC holds interest rate at 2.75%
Uncertainty over U.S. tariffs weighed heavily over the Bank of Canada’s decision to hold the country's overnight interest rate at 2.75 per cent, as the real estate sector keeps a close watch on the rapidly shifting economic situation.
Relief in ‘Honda town’
For a few hours, an entire town held its breath. By mid-afternoon Tuesday, Alliston could finally exhale after learning that Honda Canada is keeping full production at its local plant “for the foreseeable future.”
 | Colliers Canada Brokerage Vancouver’s office market is evolving and global tech giants are noticingDowntown Vancouver sits at a fascinating inflection point. Vacancy is at 10.7%, gradually declining from last year’s 20-year high and trending towards pre-COVID levels, yet we continue to have the tightest office market in North America. Sponsored by: Colliers Canada Brokerage |
Beedie relocates in Burnaby, sells old HQ for $16.2M
Real estate developer Beedie has relocated its headquarters to a new space elsewhere in its long-time home of Burnaby, moving closer to where the company was originally founded. Last month Beedie announced that it relocating to Station Square.
Why weren't RE holdings of $6.4B enough to save HBC?
Many believe the company’s vast real estate portfolio, valued at $6.4 billion in 2017, was the crown jewel that enticed American businessman Richard Baker to purchase the company 17 years ago.
Yorkdale again ranks as Canada’s top selling mall
Oxford Properties Group has once again demonstrated its dominance in Canada’s retail landscape, with its portfolio of shopping centres in the Greater Toronto Area (GTA) among the leaders of the 2024 ICSC performance rankings.
Dynamite to close up to 10 Canadian stores, open 20 in U.S.
Groupe Dynamite says it expects to close about 10 stores this fiscal year - mainly in Canada - even as it plans to open up to 20 more in the U.S. over the same time frame.
Competition Bureau to review potential MEC sale
Mountain Equipment Co. may have found a buyer for its struggling retail operations. On April 9, the federal Competition Bureau opened a merger review for a deal between TGI Holding Inc. and MEC Mountain Equipment Company Ltd.
CREA downgrades sales forecast as buyers remain wary
The Canadian Real Estate Association has sharply downgraded its forecast for home sales in 2025 as buyers remain concerned about tariffs and interest rates. CREA now expects 482,673 residential properties to trade hands in 2025.
Swanky new apartment building underway in Edmonton
A mixed-use building designed to house a microbrewery, food hall, retail market, wellness centre, office space and four levels of residential units is in the works for downtown Edmonton. Williams Hall is a redevelopment project of the former YMCA building.
The Radio-Canada tower will be stripped… then dressed again
We've been talking about the transformation of the Radio-Canada site for about 20 years. But now, the sound of heavy machinery demolishing the buildings around the hexagonal tower finally hints at the work that will restore life to the site.
Canadian CRE investment in U.S. under threat
Canada has been the largest foreign investor in U.S. commercial real estate since 2015, pouring approximately US$184 billion into multifamily apartments, office buildings, retail spaces and industrial warehouses, according to data from investment research firm MSCI.
Slow casino review process threatens billion-dollar Manhattan bids
Red tape could kill three proposals gunning for NYC casino licences. The state gaming commission has yet to start environmental reviews for SL Green’s bid in Times Square, Silverstein’s project near Hudson Yards or Soloviev Group’s plan near the UN.
JPMorgan to anchor billionaire's John Goff's new Fort Worth office
Billionaire John Goff is expanding his Fort Worth mixed-use development with an office building anchored by JPMorgan Chase & Co. The project will include 170,000 sq. ft. of office space, a gym and two restaurants.
Trump trade war sparks run on U.S. warehouses with tariff loophole
U.S. importers looking to sidestep Trump administration tariffs are desperately seeking space in a type of warehouse that lets them stash merchandise for as long as five years without paying duties. Customs bonded warehouses have long appealed to importers.
The U.K. property boss who bet workers would return to the office… and won
CEO Simon Carter of British Land, which owns blocks and retail parks across the U.K., says with high-end facilities at a premium again, gambling on construction during the pandemic has paid off.
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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