Recent Articles
Peterson's Mirvish Village ushers Annex area into new era
Peterson's Mirvish Village ushers Annex area into new era
Peterson Group’s Mirvish Village development in Toronto is ready to take the neighbourhood into its new era. Located at the site of the former Honest Ed’s store, Mirvish Village has been welcoming residents to its first rental towers.
Americold, DP World open cold-storage in Saint John
In a deal first announced early in 2025, a new cold-storage facility is now open for business in the port of Saint John. The operation supports approximately 22,000 pallet positions and is owned by Atlanta-based Americold Realty Trust (COLD-N).
Ottawa, B.C. to spend $3.2B to cut homebuilding fees
The federal and B.C. governments will spend up to $3.2-billion to help reduce homebuilding costs by cutting development charges, and they plan to help developers get rid of their unsold condominiums in the province.
Citibank buys Mississauga building amid expansion
Citibank’s Canadian unit has purchased the Mississauga building housing its global operations hub and has bought an additional parcel of land, as the major U.S. bank expands in Canada.
Unabsorbed condos at record levels in Metro Vancouver
Thousands of new condos in Metro Vancouver are not being absorbed by the market. There were 4,376 completed and unabsorbed condo apartments in the area in May 2026, compared to 2,488 in May 2025 — an increase of 76 per cent.
How one developer pre-sold 75% of units in a condo crash
As proposed condo towers across the city are delayed, cancelled or turned into rentals, major Canadian developer Canderel has managed to hit a rare presale milestone and break ground on a three-tower project despite the odds.
Montreal has thousands of vacant units. Why?
Montreal is in the midst of a housing crisis, but a new Radio-Canada analysis of Hydro-Québec electricity consumption data shows there are roughly 25,000 vacant units in the city. There is little agreement on why that is.
Windsor makes aggressive pitch to cut dev. fees
VIDEO: Windsor City Council is prepared to aggressively cut the fee it charges to build homes if it's able to secure millions of dollars from upper levels of government through a new grant program.
Design unveiled for 32-storey luxury tower
Midtown’s next luxury tower is coming into focus. Woodcliffe Landmark Properties has shared designs for the Summerhill, a 32-storey mixed-use tower. The residence would be steps from the historic North Toronto station and Summerhill station.
Hungerford launches $75M fund for Indigenous-led housing
Hungerford Properties, an Indigenous-owned real estate firm, plans to finance the development of thousands of housing units in major Canadian urban centres with its Seven Generations Growth Fund capitalized with $75 million.
The case to ease back on housing support
OPINION: Canada’s housing market correction offers a rare opportunity for a much-needed policy reset. For decades, public policy has centred around supporting homeownership. Meanwhile, underinvestment in other productive assets has resulted in a lopsided economy and weakened Canada’s productivity performance.
Canadian Net REIT acquires property in Rivière-Du-Loup
Canadian Net REIT (NET-UN-X) has announced the acquisition of a single-tenant retail property leased to Bureau en Gros (Staples) located at 250 boulevard de l’Hôtel-de-Ville in Rivière-du-Loup. The purchase price was $4.43 million.
New $100M steel plant opens in Ingersoll
Steel giant ArcelorMittal Tailored Blanks has begun production at its $100-million, state-of-the-art steel plant in Ingersoll, giving an important boost to the southwestern Ontario town as it grapples with turmoil in the electric-vehicle sector and the trade war.
Nova Scotia's Digby Pines resort up for sale
The owners of the Digby Pines Golf Resort and Spa say even though the property is listed for sale, it will be business as usual while the iconic Digby County property is on the market.
Office Properties Income exits Chapter 11
Office Properties Income Trust has completed its emergence from Chapter 11 less than one year after filing for bankruptcy. The U.S. office REIT reduced its debt to US$1.7 billion, down approximately US$714 million.
Bass Pro Shops buying luxury Florida Keys fishing lodge
Outdoor retailer Bass Pro Shops is buying a historic fishing lodge in the Florida Keys, adding another luxury hotel to its growing portfolio. Bass Pro agreed to pay Northwood Investors more than US$300 million for Cheeca Lodge & Spa.
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