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A good time to sell office: Montreal's Place Dupuis is for sale
Good time to sell office: Montreal's Place Dupuis is for sale
JEMB Realty Corporation and BUSAC Real Estate have put Place Dupuis, a large office and retail property in the east end of downtown Montreal, on the market via CBRE.
CRE shows resilience despite economic headwinds
GUEST SUBMISSION: Canada's CRE market has demonstrated remarkable resilience. Trade and tariff tensions have undoubtedly slowed momentum, but market performance has generally exceeded expectations. Let's explore some key findings from JLL’s 2026 Canadian Commercial Real Estate Outlook.
Ontario restricts new rental buildings in favour of Sanofi
A redevelopment plan to construct up to 960 rental apartments in Toronto has been hobbled by an Ontario government order that will restrict the height of any new building on lands near a facility owned by pharmaceutical manufacturer Sanofi.
CRE notables among 82 Canadians on billionaires list
Forbes has released its 2026 world’s billionaires list and the number of Canadians among the 3,428 financial giants has grown to 82. Notable CRE figures making the list include Vancouver's Jim Pattinson (#235) and Mattamy Homes founder Peter Gilgan (#487).
Altus Group announces move to buy back $200M in shares
Altus Group (AIF-T) announced the commencement of a substantial issuer bid pursuant to which it will offer to purchase for cancellation up to $200M of its common shares.
Developing Vancouver's 'most complicated' property
OPINION: How complicated could it be to build an office tower on a downtown site that has sat, for decades, as a drab parking lot? If the property in question is at 601 West Cordova St., the answer is: Very.
Pickering condo prices have tanked a staggering 57%
While Toronto’s cratering condo market gets a lot of the attention, condos in the 905 have seen some of the biggest losses, with benchmark prices dropping over 30 per cent in several communities including Markham, Milton and Vaughan.
Condo collapse spurs Clifton Blake's pivot to PBR
At a time when most bank executives won’t pick up the phone when a developer calls, KC Daya says he is being courted by multiple Big Five banks eager to open their vaults.
Retail-to-residential conversions gain momentum
Across Canada, a quiet transformation is reshaping the CRE landscape. Empty department stores, struggling suburban malls and vast underutilized parking lots are increasingly becoming the foundation for mixed-use communities, purpose-built rental housing and affordable residential developments.
Halifax approves massive housing plan at Mic Mac Mall
Halifax councillors have cleared the way for a major development, that will see the parking lots around Mic Mac Mall in Dartmouth turn into a new neighbourhood for thousands of people.
Walmart plans to open at Bramalea City Centre
Walmart Canada plans to move into Bramalea City Centre mall where it would take over retail space occupied by three current or former tenants. The City of Brampton is reviewing the site plan application for the project.
World Cup traffic plan could stall Toronto projects
The City of Toronto has imposed a three-month ban on construction that disrupts downtown roads, aiming to reduce traffic during the World Cup. Homebuilders say the move could hurt the housing and construction industries.
Hotel plan near Stanley Park gets sent back to city planners
Vancouver council has referred a rezoning application to allow a 25-storey hotel development close to Stanley Park back to city planners. The rezoning would have permitted a tower atop a three-level podium containing 183 serviced hotel rooms and 65 short-term rental rooms.
New downtown hotel emerges from renovation
Best Western Plus Centre-Ville Québec has announced a major transformation of its identity after a multi-million dollar renovation. Effective May 1, the 176-room establishment will now be known as "Le Saint-Édouard" and will join the WorldHotels Distinctive network.
Starlight U.S. fund faces foreclosure on Arizona property
Starlight U.S. Residential (Multi-Family) Investment (SURF-A-X) announced that despite continuing good faith negotiations with the first mortgage lender for its Ventura Apartments property in Arizona, it received a notice of a maturity default from the lender of the loan.
Corporate simplification of Brookfield entities nears end
Brookfield Business Partners L.P. and Brookfield Business Corporation have received all required approvals to complete the previously announced corporate simplification into one publicly traded Canadian corporation. The plan is expected to become effective on March 27.
CPP Investments seeks to sell $1.5 billion of Asia PE assets
CPP Investments is looking to reduce some Asia private equity exposure by selling fund stakes, according to people familiar with the matter. The stakes for sale amount to about US$1.5 billion.
Public Storage to acquire National Storage in $10.5B deal
Self-storage facilities operator Public Storage said on Monday it had agreed to acquire National Storage Affiliates in an all-stock transaction with an enterprise value of approximately US$10.5 billion.
JLL adds $2.2B to stock buyback runway and leans into AI
JLL unveiled its strategy for growth for the rest of the decade, starting with a direct boost to shareholders. The brokerage and CRE services giant announced “plans to imminently launch” a US$200M stock buyback program.
Senior Housing REIT Janus Living seeks up to $740M in IPO
Janus Living Inc., a seniors-focused real estate investment trust, is seeking to raise US$740 million in an initial public offering, which could give it a valuation of as much as US$5 billion.
Industry Events
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Vancouver Real Estate Forum
Mar 31 2026
to Apr 01 2026
Vancouver Convention Centre West -
Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal -
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
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