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Perimeter begins building SW Ontario industrial site on spec
Perimeter begins building SW Ontario industrial site on spec
Perimeter Development Group and Skyline Group of Companies have broken ground on a $50-million, two-building industrial project called Waterloo North Business Park at 325 Northfield Dr. E. in Waterloo, Ont.
Qu Data Centres founded to manage former Rogers portfolio
A portfolio of nine data centres across Canada which has been acquired from Rogers Communications will be operated by an entity called the Qu Data Centres Limited Partnership, new owner InfraRed Capital Partners has announced.
Microsoft to spend $7.5B in Canadian data-centre expansion
Microsoft Corp. will spend more than $7.5B in Canada over the next two years as part of a data-centre expansion, while vowing to keep data within Canadian borders and resist service disruption orders that could arise during uncertain geopolitical times.
Club Med to bring French Alps-inspired luxury to Tremblant
Club Med plans to open its doors to Mont-Tremblant skiers as early as winter 2028. Four years after the opening of Club Med in Charlevoix, the Mont-Tremblant resort wants to offer an all-inclusive formula inspired by the French Alps.
Tax code change to draw foreign capital to RE developments?
The federal government is considering changing the tax code to attract large foreign investors to domestic real estate developments, with support for such reforms coming from the head of Build Canada Homes.
Australia’s IFM Investors opens Toronto office
One of Australia’s largest infrastructure investors is expanding in Canada as the federal government moves to attract more foreign capital into nation-building projects. IFM Investors is opening an office in Toronto in a bid to boost its $2.1B Canadian portfolio.
 | Yardi Beyond boundaries: How connected data drives success across commercial & residential real estate marketsCanada’s commercial property market is settling into a new rhythm. Owners and operators are learning that the best way to stay competitive isn’t guessing where the market will go next, it’s knowing what’s happening inside their own portfolios today. Sponsored by: Yardi |
Living labs test smart-building tech for CRE
A cross-province initiative is evolving the living lab environment by testing and developing smart technologies and building solutions before they go to market. The $6.5M project is powered by Morguard, CENGN (Centre of Excellence in Next Generation Networks) and Nokia.
South Okanagan's Penticton Plaza trades in a share sale
The ongoing appetite for open-air malls saw Penticton Plaza trade at the end of September for a value pegged in the “low $20 million” range by Avison Young (Canada) Inc., which handled the sale.
Hudson’s Bay returns $9.4M deposit to Ruby Liu: court docs
New court documents show Hudson’s Bay has returned a $9.4 million deposit to a B.C. billionaire paid as part of her attempt to buy 25 of the retailer’s leases.
Costco opens new business centre in East Gwillimbury, Ont.
Costco Wholesale opened its 10th Canadian Business Centre in East Gwillimbury, Ont. The 137,000-sq.-ft. facility is a conversion of the original Costco location in Newmarket, which recently moved to a larger property.
Sandvik breaks ground on $85M shop in Sudbury
Sandvik has broken ground on an $85-million maintenance, repair and overhaul facility in Sudbury. The building will serve as a regional manufacturing hub to support mining industry equipment rebuilds, repairs, field operations and servicing for battery-electric vehicles.
Edmonton's rental glut in the midst of a housing crisis
Edmonton builders reacted to the city’s population boom in fairly short order. While “housing crisis” is the narrative, the underlying truth is that Edmonton is doing a pretty decent job of keeping up with the growth.
First phase advances at multitower proposal in Brampton
Condor Properties has submitted a revised plan for 545 Steeles Ave. W. in Brampton’s Fletcher’s Creek South neighbourhood which retains the site’s tallest height of 35 storeys while reorganizing the massing into a five-phase buildout.
Rental and co-op building opens in Vancouver’s River District
Composed entirely of rental and co-op housing, the 337-unit Sawmill Housing Development, designed by GBL Architects, includes a 26-storey tower and a six-storey midrise building in Vancouver’s River District.
Castlepoint Numa reduces rental plans in Weston Village
Castlepoint Numa has submitted a new site plan approval application for 1798 through 1812 Weston Rd. in Toronto’s Weston Village, reducing the height of a planned tower from 40 to 36 storeys.
Brookfield and Qatar launch $20B AI infrastructure JV
Brookfield Asset Management and Qai, an artificial intelligence company owned by Qatar’s sovereign wealth fund, have formed a US$20-billion joint venture to develop artificial intelligence infrastructure in Qatar and select international markets, the two groups said Tuesday.
Transcontinental to sell packaging division for $2.2B
Transcontinental is doubling down on Canada through a multibillion-dollar sale of its flagship packaging business. Packaging for Transcontinental is mostly an American business, with 15 of its 25 production facilities on American soil.
Blackstone JV to acquire Alexander & Baldwin for $2.3B
A joint venture between funds affiliated with Blackstone Real Estate, MW Group and DivcoWest will acquire Hawaii-based Alexander & Baldwin, the state’s largest grocery-anchored shopping centre owner. The all-cash transaction is valued at about US$2.3 billion, including outstanding debt.
Owners of Sonder properties face challenging hunt for buyers
Property owners that had leases with the defunct, Montreal-founded short-term rental company Sonder face an uphill battle as they seek to reestablish cash flow at the properties that were abruptly vacated last month.
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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