Recent Articles
Chartwell’s $1-billion (and counting) year of growth
Chartwell’s $1-billion (and counting) year of growth
Chartwell Retirement Residences is already Canada’s largest provider of seniors housing, has grown by over $1 billion in acquisitions during the past 10 months, and has no plans to slow down its prodigious expansion.
Nexus sells 16 retail, office properties for $51M
Nexus Industrial REIT (NXR-UN-T) has sold its interests in 15 retail buildings and an office building in Quebec for $51 million, marking “substantial completion” of its five-year plan to become a pure-play industrial real estate owner and operator.
Building better together
GUEST SUBMISSION: With a federal election in full swing, and a new “tariff-gate” popping up seemingly every other week, focus on Canada's housing crisis has unfortunately waned. But housing will be an essential component of a strong economic strategy.
Developers say pivot to purpose-built rental won't be easy
As sales of new condominiums continue to languish, more developers are pivoting to purpose-built rental. Those with a record of building in that space warn anyone who thinks it will be an easy transition is in for a bumpy ride.
Bazis buys two-tower project from First Capital for $32M
Toronto-based First Capital REIT (FCR-UN-T) has sold a development site in North York where it was planning a two-tower project, STOREYS has learned, officially passing on the project to Vaughan-based Bazis International, which has a significant revision in the works.
Tridel finalizes contract to complete The One
It's been a long and arduous journey but the light at the end of the insolvency tunnel is now coming into view for The One, the high-profile highrise tower in downtown Toronto conceived by Sam Mizrahi.
Keltic Canada Developments Call for action: Mounting barriers to affordabilityAs our communities continue to evolve, so too must our approach to urban planning. The challenges surrounding CRU9 highlight the growing need for zoning flexibility to ensure commercial spaces remain responsive to both market conditions and neighbourhood needs. Sponsored by: Keltic Canada Developments |
Ontario expands 'strong mayor’ powers to speed housing
The provincial government is extending “strong mayor” powers to another 169 smaller Ontario municipalities. In the largest expansion yet of increased mayoral authority, the government announced scores of additional cities would qualify as of May 1.
Industrial especially vulnerable to tariffs: Colliers expert
Industrial real estate, which has seen big gains and tight vacancy in recent years, could be brought to its knees by the unfolding trade war as target industries tend to use a lot of industrial space.
Dual highrises proposed on Sheppard east of Yonge
Dual towers soaring to 49 and 53 storeys have been proposed in the Willowdale area of North York, within walking distance of Sheppard-Yonge station. The Streamliner Properties application is the tallest proposal area in the immediate area.
Proposed 10-storey for London rejected as too tall
London politicians have rejected a proposed 10-storey apartment building in northwest London as too tall, echoing resident pushback. Royal Premier Homes had applied for an official plan amendment and rezoning to build 182 units at 801 Sarnia Rd.
Toronto’s iconic El Mocambo music venue up for sale
Toronto’s storied El Mocambo music venue is up for sale after owner and former Dragons’ Den star Michael Wekerle defaulted on $55.6-million in debt through companies he controls.
HBC decline next chapter in evolution of Hamilton malls
Marvin Ryder, an associate professor of marketing at McMaster University, said the future of the 125,307 square feet the company occupied in Lime Ridge Mall and the space in Mapleview Centre requires a pivot for mall landlords.
YMCA to open new facility at Mississauga’s Square One
The YMCA of Greater Toronto has announced plans to open a modern new facility within Mississauga’s Square One Shopping Centre, bringing an essential community hub into one of the country’s most successful retail destinations.
St-Hubert Group plans nine new restaurants this year
After two years of "introspection," St-Hubert Group has decided to be bold, despite the economic uncertainty that is reducing dine-in traffic, by opening nine new restaurants over the next year.
Some Circle Ks now offering access to personal loans
Circle K customers can now apply for personal loans at select locations in Ontario, the latest in what experts say is a growing effort by online lenders to make borrowing as convenient as possible.
Blackstone raises $10.8B for European property during crash
Blackstone Inc. has raised the largest-ever pool of external capital for a European real estate fund, narrowly surpassing its own record against the backdrop of a severe property market correction.
Prologis downgraded by Scotiabank amid tariff turmoil
The world's largest industrial landlord was double downgraded by Scotiabank this week, causing stocks to fall to a nearly five-year low. Prologis has been taken from Sector Overperform to Sector Underperform.
Power-ready land hot commodity as data centre developers swarm
Power infrastructure is significantly increasing the value of some property, bringing owners and developers out of the woodwork to see if their holdings can help meet the insatiable demand brought by hyperscale data centres amid an artificial intelligence boom.
Apartment sizes increasing in U.S., reversing decade-long trend
The average size of an apartment in the U.S. has increased to 908 square feet as of 2024, according to a RentCafe report. This is up from 904 square feet in 2023 and 891 square feet in 2022
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
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Southwestern Ontario Real Estate Forum
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CRE.Converge 2025
Sep 08 2025
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Sheraton Centre Toronto
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Sep 15 2025
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Halifax Convention Centre