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Aspen eyes switching downtown Calgary development to residential
Aspen eyes switching Calgary development to residential
Calgary's Aspen Properties is weighing a major new downtown residential development at a site previously planned for new office space. Executive chair Scott Hutcheson says the company is “much closer” to moving ahead on the project now.
Menkes, partners move ahead with Sugar Wharf Phase II prep
Progress continues at Sugar Wharf, an 11-acre mixed-use development on Queens Quay East in downtown Toronto, although the latest addition is only temporary.
Manulife US REIT eyes $839M in acquisitions in Canada, U.S.
Manulife US REIT seeks unitholder approval for a growth plan that simultaneously expands its investment mandate beyond the U.S. office sector, and authorises a disposition and acquisition mandate. Fund managers want to enter other Canadian and U.S. asset classes.
Payroll declines hit construction and real estate hardest
Canada’s job market could be in worse shape than many think, according to a Statistics Canada survey of business payrolls. Payrolls fell in interest-rate-sensitive sectors, including construction and real estate.
Shindico execs, broker must divide properties: court ruling
Executives at Winnipeg commercial real estate firm Shindico must divide some of their assets with a broker who was their business partner for more than two decades, a Manitoba judge has ruled.
Hamilton to evaluate 900 rental complexes under new bylaw
A new Hamilton bylaw meant to crack down on shoddy apartment building conditions takes effect in January. City staff plan to conduct evaluations of roughly 900 larger rental complexes by September 2027 through the safe apartment buildings program.
Burnaby renter protection policy shifts as developers struggle
In a perfect world under Burnaby’s Tenant Assistance Policy, a developer will financially support the tenants it’s evicting from the apartment building it wants to redevelop. We’re now in a different world, one where developer insolvencies are a regular occurrence.
B.C. rental project pivots to medical care accommodations
A 28-storey tower that replaced a Denny's at 2538 Birch St. is set to reach full completion in early 2026. But Vancouver-based Jameson Development has identified a new approach for how the building will be used.
Calgary developer looking to revitalize 'bad luck corner'
Some say it’s cursed. The intersection at 17th Avenue and 14th Street S.W. has seen multiple fires, cars colliding with the sides of buildings and a seemingly never-ending cycle of for-lease signs. Arlington Street Investments hopes to revitalize it.
Foreign investment in Canada falls to lowest since start of ‘24
Foreign direct investment into Canada fell in the third quarter, reaching the lowest level in a year and a half. FDI totalled $18.2 billion between July and September, Statistics Canada reported last week.
How Trump's tariffs are squeezing Canadian factories
They’re losing sales in the crucial U.S. market. They’re laying off staff to keep afloat. And they’re snowed under by reams of paperwork as they try to navigate the complex – and frequently changing – tariff policies of the White House.
These U.S. companies moved to Canada. Will there be others?
Amid the economic uncertainty of the trade war between the U.S. and Canada are some silver linings. Some companies are choosing to leave the U.S. for a new home north of the border.
Banks expected to report higher profit despite trade war
Canada’s six largest lenders release their fiscal year-end earnings this week, and analysts expect higher fee-based income to prop up profits after a year of strong financial markets and share price volatility.
Fire-scarred Alberta towns look to change the way they build
Sixteen months after wildfires swallowed a third of the buildings in Jasper, Alta., and 33,000 hectares of surrounding forest, the town is a hive of construction activity. Every day, new building walls spring seemingly out of nowhere.
Allied cuts monthly distributions as it seeks to reduce debt
Allied Properties REIT (AP-UN-T) says it is cutting its monthly distributions to unitholders as it continues its plan to sell non-core assets. The trust says it will now pay a monthly distribution of 6 cents per unit.
First Capital REIT completes restructuring
First Capital REIT (FCR-UN-T) has completed its previously announced internal reorganization. The move simplified the REIT's organizational structure by eliminating First Capital Realty Inc. as its wholly-owned subsidiary that owned, directly or indirectly, all of the REIT's real property portfolio.
ERES to sell three properties in the Netherlands for $110M
European Residential REIT (ERE-UN-T) has entered into agreements to sell three properties containing a total of 322 residential suites in the Netherlands for approximately $110 million (€67.8 million) in combined consideration.
Rosewood Hotel Group seeks buyers for some of its hotels
Hong Kong tycoon Henry Cheng is seeking buyers for properties in the family’s luxury Rosewood Hotel Group as the billionaire clan races to overcome liquidity challenges connected to its real estate unit New World Development Co.
Coworking redefines key office markets for the long run
The coworking sector continued its expansion, boasting a 155.7 million-square-foot footprint in the U.S. and accounting for 2.2 percent of the total leasable office space in October, according to CoworkingCafe.
London’s stalled $13.2B billion Earls Court project gets local nod
A US$13.2 billion (£10 billion) redevelopment plan to build thousands of homes in London’s affluent Earls Court neighbourhood got partial approval from local authorities, more than a decade after the site first secured planning permission.
Industry Events
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Québec Apartment Investment Conference
Feb 04 2026
Palais des congrès de Montréal
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BUILDEX Vancouver
Feb 11 2026
to Feb 12 2026
Vancouver Convention Centre West
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Real Capital
Feb 24 2026
Metro Toronto Convention Centre North
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Vancouver Real Estate Forum
Mar 31 2026
to Apr 01 2026
Vancouver Convention Centre West
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Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal
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