Recent Articles
Pontegadea buys cold-storage facility from Broccolini
Pontegadea buys cold-storage facility from Broccolini
Pontegadea has acquired a 379,000-square-foot refrigerated distribution centre, which is leased to Lactalis Canada for another 24 years, in an off-market deal from Broccolini for $187 million.
Public Storage Canada to be sold for $1.67B
Public Storage Canada (PS Canada), which has a portfolio of 68 self-storage facilities across five major Canadian cities, is set to be sold to Texas-based Public Storage (PSA-N) for $1.67 billion.
RFA Financial announces $535.7M in dispositions
RFA Financial is continuing to sell off assets following its creation from the merger of RFA Capital and Artis REIT in February. The new company is seeking to bolster its financial services and banking operations with capital from these sales.
Critics blast government plan to buy vacant condos
VIDEO: Backlash is building against a plan by Ottawa and B.C. to buy more than 2,000 vacant condos and turn them into affordable housing. Some are calling it a developer bailout that should be scrapped.
Mississauga applies for $2.2B under DCRP for 5 projects
Mississauga has announced it is applying for $2.2 billion in funding for projects that will help unlock thousands of new housing units. The city will put forward five projects for the new Development Charges Reduction Program.
Hamilton making $562M pitch to offer dev. fee holiday
Hamilton hopes to land nearly $562 million in upper-level government dollars to help pay for major city projects in exchange for a three-year development-fee holiday meant to spur stalled residential construction.
Colliers Canada Brokerage Advancing Canada’s innovation infrastructure: Nokia’s Ottawa campus redevelopmentNokia’s Ottawa Innovation Campus redevelopment represents one of the most significant real estate projects undertaken in Canada in recent years. The campus brings multiple laboratory research environments, collaborative work places, and community amenities to support Nokia’s people and next-generation technologies. Sponsored by: Colliers Canada Brokerage |
The new economics of rental housing
Government funding has recently emerged as the dominant force shaping Canada’s rental landscape — influencing what gets built, where it gets built, and how quickly projects move from concept to construction.
Burnaby landmark undergoes ‘reboot’
A landmark office building in Burnaby, B.C., dubbed the "Telus Boot", is celebrating its 50th birthday this year with a makeover that will keep it vital for another half-century — as the focal point of a new mixed-used, master-planned community.
OpenForm, Alabaster planning two towers in Burnaby
Vancouver-based developers OpenForm Properties and Alabaster Homes are partnering on a two-tower residential project in the Metrotown neighbourhood of Burnaby, according to a rezoning application set to be considered by council.
Montreal among 40 cities signing data centre pact
Forty mayors from around the world have signed onto a pact announced Tuesday to try to shape how urban data centres are built and operated. It’s their vision for how urban data centre development can be done sustainably.
Data centre progress in Alberta set to speed up
Alberta Technology Minister Nate Glubish made a bold prediction two weeks ago — that Alberta could see massive gigawatt-scale data centre announcements being rolled out later this summer. There are growing signs it may happen sooner, potentially involving billions of dollars.
Competition Bureau expands probe into property controls
Canada’s Competition Bureau is expanding an investigation into Empire Company Ltd., the parent of Sobeys, Farm Boy, Safeway, IGA, Foodland and FreshCo, over whether its use of property controls harms competition in the grocery retail landscape.
Toys “R” Us stores head to different owners
An Ontario court has approved a series of transactions that divides Toys “R” Us Canada among three buyers, marking a major turning point for the retail chain and leaving unanswered questions about what comes next for the remaining stores.
Historic Hawaii resort owner secures $431M
Reef Capital Partners has secured US$431 million for the redevelopment of Coco Palms Resort in Kauai. The redevelopment is currently underway, with the property slated for reopening in 2028.
Manchester United buys land for new stadium
Manchester United Plc has acquired a plot of land from a company owned by Blackstone Inc. that would allow it to build a new 100,000-seat stadium close to the club’s existing Old Trafford ground.
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