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Rare occurrence: Zenterra, Allure begin building 2 Surrey condo projects
Zenterra, Allure begin building two Surrey condo projects
Getting large condo developments into the ground these days is not easy. But both Zenterra Developments and Allure Ventures have been able to begin construction of new projects in the Metro Vancouver city of Surrey this month.
Regina's Harbour Landing Business Park sold to MDL fund
Three of the four buildings at Harbour Landing Business Park in suburban Regina have been sold to MDL Real Estate Income Fund GP Inc. for $36.1 million in the city’s largest office transaction thus far in 2026.
Canada to launch sovereign wealth fund with $25B
Prime Minister Mark Carney says Canada will launch its first national sovereign wealth fund, an investment account he says will ensure all Canadians reap the rewards of government support for major new projects.
Real Brokerage to buy REMAX Holdings in US$880M deal
The Real Brokerage Inc. plans to acquire REMAX Holdings Inc., the parent company of REMAX, LLC for US$880 million, forming a technology-based global real estate giant named Real REMAX Group.
Woodbine Mall CCAA signals shift to redevelopment
Woodbine Mall filed for CCAA last week, marking a pivotal turning point for the Etobicoke shopping centre and underscoring broader structural challenges facing secondary malls across Canada. The property has operated under receivership since 2023.
Jackson Square: From bustling hub to downtown dilemma
Once the centrepiece of Hamilton’s revival, the mall now reflects the complex realities facing the core – from mental health and addiction to violence; on Friday, a teen was shot to death inside a store.
Another Guzzo cinema will be relaunched by CinéStarz
Montreal-based CinéStarz, which took over the operations of three former properties of Groupe Guzzo last year, is preparing to reopen a fourth establishment soon, this time in place of the defunct Méga-Plex Lacordaire, Le Journal has learned.
Gastown plan targets retail revival in Vancouver
Vancouver City Council has unanimously approved the Gastown Public Spaces Plan, a long-term strategy that could reshape one of Canada’s most historic retail districts into a more pedestrian-focused, experience-driven commercial corridor.
Collapsing rental market hits small landlords
Buyers who entered the market at its peak on the hopes of renting out their property to help pay off their mortgage are now facing a different reality with the immigration slowdown and a wave of new supply.
Condopocalypse in Toronto
After peaking in 2022, Toronto real estate prices are down 26 per cent. And condos are worth less than before the pandemic. For thousands of struggling homeowners, there seems to be no way out.
Opposition to major development plan in Pickering mounts
Pickering is set to vote next month on a secondary housing development plan that could transform the municipality’s landscape over the next quarter-century. The plan, if approved, could result in the building of homes for more than 70,000 people.
Eastern Prairies to lead recreational property price growth
Cottage prices are set to rise across Western Canada, according a Royal LePage report. The strongest growth is forecast for Manitoba and Saskatchewan, which will lead the country with 5.5 per cent growth in the median sales value of cottages.
Collecdev-Markee, CreateTO bringing 40-storey rental tower
Plans are advancing at 275 Merton St. in midtown Toronto, where Collecdev-Markee Developments, in partnership with CreateTO, is delivering a 40-storey purpose-built rental tower. Designed by gh3, the Davisville Village development will introduce 494 rental homes.
Windsor picks $33.5M luxury condo for golf club parking lot
A $33.5-million high-end condo building will overlook Windsor’s heritage golf course. Council selected Valente Development Corp. and Bear Construction and Engineering to build luxury condos and a new, smaller clubhouse on the city-owned Roseland Golf Club parking lot.
Rental tower and fire station proposed in Kitchener
A 19-storey, mixed-use development is proposed at 450 through 470 King St. E. in downtown Kitchener that would bring a purpose-built rental tower together with a new two-storey fire station.
The underground farm hiding in this Toronto parking garage
Hidden behind a steel door in an underground parking lot at Yonge and Davisville, a subterranean farm is spouting leafy greens, showing how under-used spaces can be transformed to provide fresh produce in the heart of the city.
Ortega leads ultra-rich’s push into $1-trillion property market
Zara founder Amancio Ortega as well as other ultra-rich individuals and their investment firms are tightening their grip on the US$1 trillion market for commercial real estate as institutional investors lag behind.
Related, Blackstone obtain $16B for Michigan Oracle project
Related Digital and Blackstone have secured US$16 billion in funding for a data centre project with an estimated capacity of more than one gigawatt in Saline Township, Mich., marking the largest investment in the state’s history.
Commercial property prices see strongest annual gain since 2022
Investor appetite for commercial properties in the U.S. remains solid so far, despite recent geopolitical instability. In March, the commercial property marketplace experienced the strongest annual gain in prices since 2022, increasing 2.1 per cent from March 2025.
Digital property rights emerge as integral part of asset ownership
Rapid advances in virtual reality, augmented reality and AI are fuelling a digital marketing disruption, with iconic real-world buildings and CRE serving as backdrops. Owners are beginning to lay claim to digital property rights in response.
Industry Events
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BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre -
Edmonton Real Estate Forum
May 13 2026
Edmonton Convention Centre -
Land & Development
May 27 2026
Metro Toronto Convention Centre - North Building -
Southwestern Ontario Real Estate Forum
Jun 03 2026
RBC Place London
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