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Investment in U.S. real estate is normalizing again

2 days ago

Investment in U.S. real estate is normalizing again

U.S. president Donald Trump’s self-proclaimed “Liberation Day,” when he announced a series of tariffs to be imposed on other countries, changed how foreign investors look at the country. But it's too big a market to ignore, many firms agree....

Vancouver unveils plan to prevent project cancellations

Confronted with a deteriorating development climate, City of Vancouver staff have released a sweeping set of proposed measures aimed at shoring up development viability and preserving the city’s housing pipeline generated by private and non-profit builders.

Toronto’s dev. fees are among the highest in Canada: CMHC

The costs of development charges are being passed onto homebuyers and renters, posing a “significant constraint to housing affordability,” the Canada Mortgage and Housing Corp. says in new data on development charges across 30 Canadian municipalities.

Montreal data centre a 'needle mover' for Cologix

As Cologix’s first LEED Gold-certified data centre, MTL8 in Montreal will serve as an example for the company as it works toward more efficient and low-carbon operations, the company's top environmental, social and governance strategy officer said.

Marvell Technology plans $238M expansion to support AI

Marvell Technology, a provider of data infrastructure semiconductor solutions, is investing $238M for a five-year expansion. The plan includes the launch of a new office in Toronto and scaling its semiconductor research and development operations in Ottawa and York.

Real estate investment stabilizes as demand returns

VIDEO: BNN Bloomberg speaks with Keith Reading, senior director of research at Morguard, who says improved listing supply, select investor demand and shifting workplace trends helped support a recent pickup in real estate investment.

The City of Ottawa’s Hail Mary plan for redevelopment

OPINION: It’s tempting to joke that the city councillors in Ottawa pushing another stadium redevelopment plan are channelling Samuel Beckett, the Irish playwright who wrote: “Ever failed. No matter. Try again. Fail again. Fail better.”

Bosa hedges cash flow risk with hotel-rental combination

When Vancouver-based Bosa Properties Inc. acquired the Park Inn & Suites by Radisson at 888 West Broadway from Centennial Hotel Ltd. in 2021, the stage was set for redevelopment with 437 hotel units across two towers of 11 and 13 storeys.

Sleep Country Canada charting revival of Bed Bath & Beyond

Sleep Country Canada is on the cusp of bringing back Bed Bath & Beyond. The retailer confirmed it has purchased the Canadian and U.K. rights to the name and logos and will relaunch next year with physical stores and online. 

Peavey Mart reopens in Alberta after year of turmoil

The return of Peavey Mart is now official. The well-known Canadian farm and ranch retailer has reopened four Alberta stores following an unexpectedly turbulent year that saw the company close all of its locations nationwide.

City grants Uniqlo construction permit at St. Vital Centre

Japanese retail clothing giant Uniqlo has been green-lit to start construction on a large store in St. Vital Centre. The City of Winnipeg issued a permit allowing for the demolition of walls and the merger of six mall units. 

Metro Vancouver's 60,000-sq.-ft. pickleball venue to open

Fairgrounds Public Racket Club will soon open its doors to its massive new pickleball facility at Capilano Mall in North Vancouver. The public racquet club’s first West Coast location is launching Friday, Dec. 12, at the former Sears site.

REIT sector analysis from CIBC, RBC

CIBC real estate analyst Dean Wilkinson reviewed REIT returns in 2025 and looked ahead to next year while RBC Capital Markets analyst Jimmy Shan outlined weakness in the apartment REIT sector.

2026 to be a year of answers for housing: Geranium principals

2025 was a year rife with question marks for the housing industry, but 2026 will be a year of answers, according to two principals from Markham, Ont., homebuilder and developer Geranium.

Who’s going to move to Vancouver now?

OPINION: Software engineer Afian Anwar was riding his bike across Vancouver’s Burrard Street Bridge about six months ago and saw the third highrise under way for Senakw, an 11-tower housing project in Kitsilano.

Prince Harry brings mental health message to OREA

A prince, a premier and a bunch of Ontario real estate cronies walk into a swish sushi restaurant. It sounds like a pretty solid joke set-up, but it was in fact the scene on Monday night at Nobu.

Netflix buys Warner Bros. studio, streaming business for $72B

Netflix has struck a deal with Warner Bros. Discovery, the legacy Hollywood giant behind Harry Potter and Friends, to buy its studio and streaming business for US$72 billion.

Sovereign Partners pays $273M for NYC tower

Rockwood Capital has sold 2 Grand Central Tower, a 667,000-square-foot office asset in Manhattan, to Sovereign Partners for US$273 million, Commercial Observer reported. Eastdil Secured arranged the deal.

NYC to get 12,000 apartments from outdated office buildings

New York developers are transforming struggling office buildings into over 12,000 new apartments in a bid to help offset the city’s worst housing crisis in decades. Most of the units are either starting or completing construction next year.

Blackstone walks away from potential bid for Big Yellow

Blackstone Inc has abandoned its potential bid for Big Yellow Group Plc about two months after announcing its interest in the U.K. self-storage landlord. The alternative asset manager said in a statement Friday it doesn’t intend to make an offer.

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