LocationsRecent Articles
Gracorp, Harrison Street complete Calgary University District tower
Gracorp, Harrison Street finish Calgary University District dev.
The demand for student housing in Canada's big cities, especially at the country's top universities, remains strong and represents a solid investment and development play, stakeholders in the industry say.
Boardwalk buys $249M in Montreal apartments, sells 2 assets
Boardwalk Real Estate Investment Trust (BEI-UN-T) has an agreement to acquire the Central Parc 1, 2 and 3 apartment towers in Laval, in Greater Montreal, and has divested two older apartment properties in Edmonton for a total of $273M.
Bay Street Group, RIFO merge to form tech-based RE platform
Markham, Ont.-based real estate companies Bay Street Group Inc. and RIFO Realty Group Inc. have announced a merger to form a technology-focused real estate platform. The platform will operate across Canada, with a focus on Ontario and British Columbia.
'Massively successful' EcoPilot project in Halifax
A “massively successful” pilot of an artificial intelligence-powered building optimization system in Halifax's Maritime Centre could be the start of a fruitful relationship between its Canadian partners – Ravelin REIT, Colliers Real Estate Management Services and Dartmouth, N.S.-based EcoPilot.
No plan to change foreign buyer ban: Fed. housing minister
The Toronto condo market “is now in free fall,” Federal Minister of Housing and Infrastructure Gregor Robertson told the Star. But so far the feds aren’t looking to repeal the foreign buyer ban or offer tax breaks for new builds.
Prefab firm to empower Indigenous communities, women
A factory in Northern Ontario being developed to churn out prefabricated housing components will not only help address the need for attainable shelter, but also to empower Indigenous women and communities.
Police launch investigation into iPro Realty scandal
Ontario Provincial Police have launched an investigation into the iPro Realty scandal, which saw a record $10.5 million in agent commissions and consumer deposits “illegally disbursed” from the brokerage’s trust accounts, the Star has confirmed.
Langley development land and home listed for $98M
A massive development currently under construction in the Township of Langley has been listed for $98M. Located at 20264 27th Ave. in Langley and the surrounding area, the total land size for the development is approximately 40 to 50 acres.
Quebec declares Northvolt battery plant partnership dead
Quebec's Northvolt project is officially dead – and the government says it is cutting its losses. Christine Fréchette, Quebec's economy minister, announced Tuesday the province will invest no further money in Northvolt Batteries North America.
B.C. businesses say disorder, crime threaten their survival
A recent survey for the Business Improvement Association of B.C. says nearly one in five businesses may not be financially viable beyond the next year if conditions do not improve.
Couche-Tard earnings fall after pulling Seven & i bid
Alimentation Couche-Tard Inc. (ATD-T) says its net earnings attributable to shareholders came in at US$782.5 million for the three months ended July 20. That compares with US$790.8 million during the first quarter a year ago.
Ssense lenders seek fast sale of struggling fashion retailer
Lenders to luxury fashion retailer Ssense are asking a Canadian court to allow a quick sale of the cash-starved company. The lenders are owed around $145 million, according to the court filing.
Three-tower rental community proposed beside Mimico GO
A change of ownership following the receivership of Vandyk Properties has led to a new development application to the City of Toronto for 39 Newcastle St. in South Etobicoke, with Osmington Gerofsky Development Corp. now steering the site forward.
Quartet of towers up to 33 storeys planned in Richmond Hill
An application in Richmond Hill’s northern Elgin Mills neighbourhood looks to transform the lowrise northeast corner of Yonge Street and Bernard Avenue. The design for 10993–11007 Yonge St. has been filed by North Elgin Centre.
Condo towers proposed for Broadway Plan area
Amacon Developments has submitted a new rezoning application to redevelop 1745 West 8th Ave. The proposal calls for two towers of 28 and 29 storeys, with a total of 528 homes, including 421 strata market ownership condominium units.
19-storey student rental tower proposed in Kensington Market
Plans have been filed for a 19-storey student rental residence at 333 College St., designed by Rafael + Bigauskas Architects for Parallax Investment Corporation, in Toronto’s Kensington Market area.
BlackRock, Apollo complete mergers, absorbing $57B in assets
Two of the globe’s largest money managers – Apollo Global Management and BlackRock – completed acquisitions to grow their real estate portfolios, as perceived market dislocation is leading to more consolidation across the sector.
CRE sales prices increase as big players creep back in
The increase in CRE prices seen in the CoStar Commercial Repeat-Sale Indices data in July was attributed in part to REITs, pension funds and large investment firms returning to the market after souring on it over the last three years.
SL Green to acquire historic NYC properties for $160M
SL Green Realty has agreed to acquire 346 Madison Ave. and an adjacent building at 11 E. 44th St. in Manhattan for US$160 million. Catalyst Brands will sell the two assets encompassing 254,707 square feet of office space.
UAE property market sizzles as investors turn to Dubai
Global uncertainty and trade wars be damned. The real estate market in billionaires’ playground Dubai and other parts of the United Arab Emirates (UAE) continues to fire on all swanky cylinders.
Industry Events
-
CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
-
RealREIT
Sep 10 2025
Metro Toronto Convention Centre
-
Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
-
BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
-
Montréal du Futur
Sep 24 2025
to Sep 29 2025
World Trade Centre of Montreal
Follow us on Social Media
Follow RENX on your favorite social media platform for news delivered to your feed.
Locations
