Recent Articles
Graywood, Phantom begin building 55-storey Vaughan rental tower
Graywood, Phantom begin building 55-storey Vaughan tower
Graywood Developments and Phantom Developments have broken ground on a 55-storey, 617-unit purpose-built rental apartment at 3201 Highway 7 in the Vaughan Metropolitan Centre (VMC), just north of Toronto.
Tech companies pick up pace of Toronto office leasing
The technology industry’s share of downtown Toronto office leasing has increased from 10 per cent last year to 15 per cent this year, according to Avison Young, ranking it second to the financial services sector at 46 per cent.
Forgestone jumping into real estate with $400M fund
Canada’s real estate market is deep in a reset. Prices have fallen 17 per cent from their peak, and development pipelines in Toronto and Vancouver have thinned. To Trevor Blakely at Forgestone Capital, that’s a clear signal to jump in.
Is Alberta's data centre industry in a bubble about to pop?
Alberta’s ambitions to build artificial intelligence data centres are attracting attention and investment from across North America — with potentially hundreds of proposed projects waiting for a green light and billions of dollars up for grabs.
Industrial demand in Calgary is second only to Toronto
Packages piling up on doorsteps from eastern British Columbia to Manitoba likely came from a sprawling warehouse around Calgary — now one of the hottest industrial real estate markets in the country.
Will FNs seek Aboriginal title to more privately held lands?
Given other Aboriginal title cases filed in B.C. Supreme Court, including recent renewed cases in the B.C. Interior and Vancouver Island, the Cowichan ruling has raised concerns and fears that other privately held land is under threat.
CPP Investments' PE head aims to sharpen portfolio’s focus
It wasn’t supposed to be Caitlin Gubbels’s job to make big changes when she took charge of the $146B private equity business at Canada’s largest pension fund. But the market for deals is making it impossible to stand still.
Desjardins CEO wants to make further acquisitions
The cooperative announced on Friday that it wants to contribute to the creation of 10,000 affordable housing units in Quebec by 2028. This is more than three times its initial objective of delivering 3,000 units.
Ontario pushes ahead on controversial Oakville condos
The Ontario government is moving ahead with controversial plans for a condo project that would see 11 skyscrapers built on an Oakville plot the size of the Rogers Centre — all against the wishes of the town's council.
Proposed tower in Fairbank leaps from 15 to 42 storeys
A new site-plan submission has been filed with the City of Toronto for Stanford Homes’ redevelopment proposal at 645–655 Northcliffe Blvd., following a settlement that dramatically transformed it from a 15-storey plan to 42 storeys.
Toronto parking lot, listed for $11M, is primed for condos
A lonely, cracked, sun-scorched Toronto parking lot has been empty for longer than most people have been waiting for the Eglinton Crosstown. The property at 4155 Yonge St. has spent the past decade in full development purgatory.
Feds, City of Ottawa announce $400M joint fund for housing
Prime Minister Mark Carney says the federal government is partnering with the City of Ottawa to put $400M toward building up to 3,000 affordable homes. The city will speed up the construction by waiving development fees and taxes.
Celebrated architect Frank Gehry dies at 96
Toronto-born Frank Gehry, who designed some of most imaginative buildings ever constructed and achieved a level of worldwide acclaim seldom afforded any architect, has died. He was 96.
New tenants enhance consumer experience at Mic Mac Mall
Mic Mac Mall in Dartmouth, N.S. has had 30-plus lease transactions in 2025, north of 90,000 square feet of activity. That includes tenant renewals and new deals, as well as a number of retailers renovating their stores.
Longo’s continues to expand with new Etobicoke store
Longo’s newest store in Etobicoke marks the grocer’s 43rd location as it continues a measured expansion beyond the Greater Toronto Area. President Deb Craven said the retailer had been hoping to enter the Etobicoke market “for a long, long time."
Real estate firms perform well in corporate board rankings
CAPREIT (CAR-UN-T) and Chartwell Retirement Residences (CSH-UN-T) finished in joint 12th place (also tied with Bank of Montreal) in the Globe and Mail's annual ranking of top corporate boards in Canada. Granite REIT (GRT-UN-T) tied for the 15th spot.
Brookfield, GIC agree $2.7 billion deal for national storage
Brookfield Asset Management Ltd. and Singapore’s GIC Pte agreed to a binding deal with National Storage REIT to buy the Sydney-listed firm for around US$2.7 billion.
New $108B hostile bid made for Warner Bros. Discovery
Paramount Skydance launched a hostile bid worth US$108.4 billion for Warner Bros. Discovery, throwing a wrench into the deal with Netflix in a last-ditch effort to create a media powerhouse to challenge the dominance of the streaming giant.
Video game developer Riot Games buys L.A. office
Riot Games, the developer of League of Legends, bought its Los Angeles office campus for total consideration of US$231 million, enabling landlord Hudson Pacific Properties Inc. to pay down debt.
Hayfin buys London’s 'Can of Ham' tower for $453M
Hayfin Capital Management and Capreon have sealed a deal to buy London's "Can of Ham" tower from a consortium led by Nuveen Real Estate, the latest sign of confidence returning to London’s office market.
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