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First lease signed at 1.21M-sq.-ft. Lakeridge Logistics Centre
1st lease signed at 1.21M-sq.-ft. Lakeridge Logistics Centre
Avison Young has signed a tenant for 470,000 square feet of Pure Industrial’s 1.21-million-square-foot Lakeridge Logistics Centre at 537 Kingston Rd. E. in Ajax, just east of Toronto.
AI adoption means big cuts in jobs, expenses at Pineapple
Mortgage brokerage Pineapple Financial Inc. (PAPL-A) will lay off over 60 per cent of its workforce and will see a significant reduction in operating costs as it implements widespread adoption of artificial intelligence technology.
$10B plan for Alberta AI data centre rejected
On Friday, the Alberta Utilities Commission (AUC) issued a ruling nixing Synapse Real Estate Corp.’s application to construct a 1,400-megawatt data centre in Olds, a town of 10,000 people 90 kilometres north of Calgary.
 | Design, Policy and Canadian Cities A cooling market is the moment to move on from back-to-back townhousesNaama BlonderArchitect, Urban Designer, Urban Planner | B.Arch, OAA, RPP, MCIP |
Western Canada's office landlords look to reposition assets
As cities across North America continue to deal with vacant office space, the concept of converting office buildings into other uses has been much discussed. In reality, however, office conversions have only taken off in a few small pockets.
Resurgent office market lures back lenders
The financial services sector is providing dual momentum for Canada’s resurgent office market. As a tenant, it’s ramping up demand for space. As a lender, it’s loosening access to capital and easing uncertainty that has kept investors on the sidelines.
 | Strathmore Where tenant retention is increasingly won or lostAs occupier expectations evolve, landscape programs are shifting from sustainability signals to strategic tools that support engagement, satisfaction and long-term asset competitiveness. Sponsored by: Strathmore |
Elements Casino Surrey sold to Semiahmoo First Nation
Semiahmoo First Nation has announced it will acquire Elements Casino Surrey from Great Canadian Entertainment, pending regulatory approval. It is the eighth casino in southwest B.C. that Great Canadian has sold to a First Nation in the last two years.
OSFI warns major lenders about blanket appraisal practices
Canada’s banking regulator warned bank executives in a meeting last October that a widespread practice of blanket home appraisals for condominium mortgages could breach a federal mortgage rule, according to meeting minutes seen by Reuters.
Toronto rents fall, new inventory 'not enticing' to renters
Toronto rent prices averaged $2,482 a month in February, a 5.3 per cent decline from the same time last year and 11.7 per cent lower than two years prior, according to the latest Rentals.ca and Urbanation rent report.
Cadillac Fairview takes new approach to Vancouver tower
Cadillac Fairview is making another attempt to advance its long-planned office tower beside Waterfront Station in Vancouver, this time with a completely redesigned proposal by a different architectural design team aimed at addressing previous heritage and urban design concerns.
BILD honours industry leaders at 2026 Chair’s Dinner
At last week's Building Industry and Land Development Association’s (BILD) 2026 Chair’s Dinner, the organization recognized several individuals for their contributions to the Greater Toronto Area’s building and land development industry.
Music infrastructure drives economic growth
Ottawa’s largest developer, the National Capital Commission, is expecting its first concert hall to generate economic benefits and revitalize the city’s downtown core, where it owns several other commercial and residential properties.
Splitsville hopes to strike with Edmonton 10-pin players
Chad Hubbs got his start with the Edmonton bowling scene when he was just 15 years old while working at Gateway Lanes in Edmonton’s southside. Years later, after being away for some time, Hubbs said he sees a bowling resurgence on the rise.
OTPP earns 6.7% return, marks down PE and RE assets
Ontario Teachers’ Pension Plan earned a 6.7-per-cent return in 2025 but missed its internal benchmark for performance by a wide margin as it marked down struggling private equity and real estate assets.
Sagard, La Caisse form $490M JV to buy IOS properties
La Caisse and the real estate arm of alternative asset manager Sagard Holdings Inc. are teaming up to buy $490-million of industrial outdoor storage properties located near major U.S. ports.
Iran shock upends real estate’s long-anticipated recovery
Four years after Russia’s invasion of Ukraine brought real estate’s decade-long party to a sudden halt, another war about 1,600 miles south threatens to choke off the recovery investors have been anticipating ever since.
Blackstone still in 'early innings' of data centre build-out
Blackstone global head of real estate Nadeem Meghji said the company, which has invested billions developing data centres, is implementing AI in its everyday operations, allowing it to leverage insights from the biggest commercial real estate portfolio on earth.
SL Green hits 100% leased at transformed One Madison
SL Green Realty Corp., Manhattan’s largest office landlord, put an exclamation point on a potentially record-breaking first quarter by leasing the remaining office space at One Madison Avenue to Harvey AI with a 92,663-square-foot expansion.
Weinstein buys 'pessimism' with discount bids on private assets
Everyday investors have billions stuck in portfolios of private credit, real estate and other hard-to-value assets. Enter Boaz Weinstein. The hedge-fund manager has offered to buy out frustrated investors in Blue Owl and SREIT— and says he’s just getting started.
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
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