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Chard sees pivot to rental as a permanent shift in Vancouver

3 days ago

Chard sees permanent pivot into rental in Vancouver

Vancouver-based Chard Development now sees purpose-built rental development as an essential element within its portfolio and not a temporary response to a challenging condo pre-sale market. 

SmartStop opens its 50th Canadian self-storage location

SmartStop Self Storage (SMA-N) has hit a milestone with its Canadian properties, opening its 50th self-storage facility in the country at 1983 Kipling Ave., in Toronto.

Competition Bureau reaches agreement with Chartwell

The Competition Bureau has reached an agreement with Chartwell over concerns related to its proposed acquisition of six retirement homes from Sifton. To resolve the Bureau's concerns, Chartwell has agreed to sell its Clair Hills retirement home, located in Waterloo.

Land claim caveats added to some B.C. assessments

Brad Jones, CDO at Wesgroup Properties, recently obtained an appraisal on a piece of land in Metro Vancouver that contained language he had never seen before. The appraisal stated it assumed the property was "not subject to a land claim."

Tsuut'ina Nation welcomes first residents to Taza Park

A new housing development on Tsuut’ina Nation has welcomed its first residents. The Taza Park community is part of one of the largest Indigenous-led developments in North America, which also includes Buffalo Run and the soon-to-be-developed community of The Crossing.

High Street Financial opens Toronto office, expands national commercial mortgage platform

High Street Financial's Toronto expansion marks the first phase of its national growth strategy, bringing a commercial mortgage, origination and servicing platform, grounded in discipline, transparency, and predictable repayment structures, to Canada's largest commercial real estate financing market. 

Sponsored by: High Street Financial Services Inc.

Student housing proposed for vacant Edmonton building

At the corner of 103rd Avenue and 106th Street in downtown Edmonton, boards slowly crept up over the windows of a historic brick building. Now surrounded by a fence, new life could potentially be breathed into the Massey Ferguson Building.

Furniture retailer Article banks on store expansion

After more than a decade of building its brand primarily online, Vancouver-based furniture retailer Article is launching a brick-and-mortar store expansion plan. Article plans to open a Toronto location with a goal of four more stores by next year.

Manitoba asks Sobeys to scrap property restrictions

Manitoba is down to one grocery giant still using property restrictions to keep potential competitors away from its stores after the province curbed the practice through legislation it passed last year.

Second T&T Supermarket to open in Mississauga

T&T Supermarket Inc. will open its second location in Mississauga at 3060 Ridgeway Dr., near the Oakville border, next month. The 40,000-sq.-ft. store was built on a large parking lot formerly used by Silver City Cinemas.

Abercrombie & Fitch to open in CF Polo Park

If Peter Havens has learned anything from two decades of managing shopping centres, it’s that malls reinvent themselves. “That’s really the name of the game in retail, is to keep it fresh,” said Havens, general manager of CF Polo Park.

Taxes, fees impact Ontario housing affordability: OREA

Over 60 per cent of Ontarians see property taxes and government fees as influencing housing affordability, a survey by the Ontario Real Estate Association (OREA) found. It may indicate the industry’s messaging is being heard by the public.

REMAX expands commercial footprint across Canada

REMAX Canada announced the sale and opening of REMAX Commercial Excel, a dedicated commercial brokerage created through the expansion of Edmonton-based franchise REMAX Excellence. REMAX Commercial Excel will operate alongside REMAX Excellence, which currently includes 245 agents.

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Microsoft, Meta add to $700B surge in data centre leases

Microsoft Corp. and Meta Platforms Inc. each committed nearly US$50 billion in additional data centre leases in their most recent quarters, underscoring an escalating bet the tech industry is making on artificial intelligence.

Savills agrees to buy Eastdil Secured in $1.1-billion deal

Savills Plc has agreed to acquire New York-based Eastdil Secured Holdings LLC in a deal that values the real estate advisory business at US$1.1 billion, including debt. The deal significantly expands the U.K. broker’s presence in the U.S.

Corporate HQs are following the billionaires to South Florida

As the ultra-wealthy descend on Miami’s most expensive homes, the CEOs establishing roots in the region are bringing their companies with them. In the first two months of 2026, four companies have relocated their headquarters to South Florida. 

Prologis eyes development of 8M-sq.-ft. San Francisco mixed-use

Prologis has submitted plans to redevelop a Caltrain railyard in San Francisco, the San Francisco Chronicle reported. At full build-out, the eight-million-square-foot, mixed-use campus would include office, retail and residential space, as well as a new train station.

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