Real Estate News Exchange (RENX)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

Broccolini moving into retail development in Canada

1 week ago

Broccolini moving into retail development in Canada

Broccolini has moved into grocery-anchored retail, an asset class the Montreal-based developer says is greatly under-supplied in Canada. 

Rentsync acquires Urbanation to expand RE data services

Rentsync has acquired real estate research and consulting firm Urbanation, forming one of Canada’s biggest players in market intelligence for real estate and rental housing.

Condos a bright spot in slow GTA home sales market

Condos emerged as the surprising glimmer in a gloomy GTA housing market in December. National Bank senior economic Daren King estimates that condo sales jumped 5.7 per cent on a seasonally adjusted basis in December from November.

Seniors housing brightens outlook for Canadian REITs

In 2025, Canada outperformed the global benchmark for listed REITS, generating a total return of 11.8 per cent in local currency. Seniors housing led the way, with operators such as Chartwell (CSH-UN-T) delivering returns of 37.8 per cent.

Industrial market dips, but avoids slide in 2025

Canada’s national industrial vacancy rate rose 70 basis points (bps) over the course of 2025, reaching 5.5 per cent as Q4 closed out, but the year also saw nearly 6.9 million square feet of positive absorption.

Toronto's office market sees demand surge as workers return

Toronto office leasing in Q4 of 2025 hit shy of two million square feet, the highest in five years, according to a January report from Colliers International Group Inc. Demand for office space was led by the big banks.

Burnaby's office pipeline shrinking as residential slows

Employees are generally not against returning to the office because they dislike offices, what they dislike is the commute. This makes Burnaby, at the geographic centre of Metro Vancouver, a particularly interesting office market.

Building permits slide in November as multifamily cools

The total value of building permits fell in November as multifamily housing cooled and commercial and institutional projects slipped. Statistics Canada reported the value of building permits issued in Canada decreased by $1.8 billion to $12.0 billion. 

Nearly 2,600 Vancouver lots rezoned for six-storey apartments

Vancouver City Council has unanimously and swiftly approved major changes to allow large single-family neighbourhoods near SkyTrain’s Rupert and Renfrew stations to add lowrise strata market ownership condominium housing and secured purpose-built rental housing buildings for the first time.

Vancouver to reassess housing on protected industrial lands

Vancouver urban planners have begun a complicated reassessment of some of the most strategically located industrial lands. This opens the door to potential high-density, mixed-use developments with some residential uses while reaffirming its intention to protect a shrinking industrial base.

Kelowna to consider changes to rental incentives

Kelowna’s rental vacancy rate has soared to nearly seven per cent, largely due to incentives such as the rental-only subzone which gives developers a parking reduction in exchange for rental in perpetuity.

Contamination concerns mar London housing plan

After a lengthy closed-door meeting for legal advice, politicians appear ready to walk away from developing a coal tar-contaminated city parking lot into housing – a key pledge from Mayor Josh Morgan.

N. Ontario homebuilders group to address infra, labour issues

The renaming of the Sudbury and District Home Builders' Association to the Northern Ontario Home Builders’ Association (NOHBA) reflects the expanding scope of the organization, its CEO and chair told RENX Homes.

Four towers proposed along Highway 7 in Markham

A major development is being proposed at 8500 Leslie St. in Markham’s Commerce Valley, where the first phase of a large mixed-use intensification would introduce four residential towers rising up to 42 storeys. 

43-storey rental tower proposed in Bayview Village

A proposal for a 43-storey tower designed by BDP Quadrangle for Elysium Investments, has been submitted to the City of Toronto. It calls for a purpose-built rental development at 41 Talara Dr. in the Bayview Village area.

This West End Vancouver rebuild puts seniors first

An aging 1940s condo in Vancouver’s West End has finally received approval to be replaced by a 20-storey rental building. PC Urban plans to heavily discount a portion of the units for the West End’s senior population.

GameStop to shutter nearly 500 stores, CEO seeks $35B award

GameStop will close nearly 500 stores. The company's board, meanwhile, approved a potential US$35B stock award for CEO Ryan Cohen, contingent on GameStop reaching a US$100B market cap by the end of its fiscal year.

Bain raises $3.4B for latest fund, eyes marinas, powered land

Bain Capital raised more than US$3B to buy into specialty sectors as the firm continues an alternative asset buying blitz. The Boston-based investment giant announced it closed its third real estate fund with US$3.4B in capital commitments.

Realty Income, Singapore's GIC form $1.5B U.S. joint venture

Realty Income has entered a partnership with GIC focusing on logistics real estate development across the U.S. The programmatic joint venture will target build-to-suit properties that are fully leased on a long-term basis to tenants with investment-grade or equivalent credit.

Saks Global files for bankruptcy

High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday, in one of the largest retail collapses since the pandemic. Saks said early on Wednesday that its stores would remain open for now.

Industry Events