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Rising land costs hamper Atlantic Canada industrial development
Land costs hamper Atlantic Canada industrial development
Rising land and construction costs in Atlantic Canada are stifling new industrial development in the region at a time when demand has risen alongside a fast-growing population.
$1.5B in Canada, U.S. retail and office sales for H&R REIT
UPDATED: H&R REIT (HR-UN-T) has announced the first of a promised series of major property sales, confirming agreements with “multiple buyers” to divest interests in dozens of North American office and retail assets worth $1.5 billion.
In Toronto’s core, only 25 new condos sold last month
Only 25 new condo apartments sold in the old city of Toronto in October, new data shows — fewer sales than players on the Toronto Blue Jays’ World Series roster that month — in the latest sign of a paralyzed new housing market.
U.S. companies hungry for 1,000 Sonder units in Canada
After the abrupt collapse of Montreal-founded short-term rental company Sonder, the race has begun to take over nearly 1,000 of its units in Canada and get former staff working again.
How new OSFI rules could unlock nearly $1T in bank lending
Canada's largest banks possess the capacity to extend nearly $1 trillion in additional loans while remaining above current capital minimums. The Office of the Superintendent of Financial Institutions (OSFI) has proposed regulatory changes to unlock this substantial lending potential.
New expropriation powers in budget bill spark concern
New powers proposed in the government’s latest budget bill could set the stage for one of the biggest rounds of expropriations in modern history, according to a Toronto lawyer who specializes in expropriation cases.
 | Trez Capital Canada’s construction financing market finds its equilibriumAfter two years of cost volatility, policy uncertainty and cautious capital, Canada’s commercial real estate (CRE) financing market is entering a more rational phase. Sponsored by: Trez Capital |
Ontario legislators have passed Bill 60. What does it do?
Bill 60, officially named the “Fighting Delays, Building Faster Act,” is an omnibus bill introduced by Ontario’s Progressive Conservative government this fall focused on housing and development processes in the province.
Nokia breaks ground on Ottawa innovation campus
Nokia is breaking ground today on its next-generation Ottawa campus, reinforcing Canada's position as a global leader in connectivity. The facility will span nearly 750,000 square feet in the heart of the Kanata North Tech Park.
Proposal to convert Vancouver office building to a hotel
A development permit to convert an office building to hotel uses at 1111 West Hastings St. has been submitted in Vancouver. The building would be converted to a hotel with 179 rooms and a restaurant at grade.
Hotel industry sees record growth in ADR and RevPAR
Canada's hotel industry has reported its highest growth rates in average daily rate (ADR) and revenue per available room (RevPAR) for the year 2025, according to data released by CoStar.
Halifax swaps dated interchange for new neighbourhood
Halifax’s Cogswell District transforms the overbuilt and dated Cogswell Interchange into a vibrant community filled with parks, bike and pedestrian infrastructure, a transit hub and lots for soon-to-be mixed-use buildings.
$35M site cleanup makes way for proposed GTA development
A contaminated Milton property once occupied by a car parts manufacturer has been overhauled to allow for a proposed housing development. The Milton Community, Mountainview West’s objective is to integrate 16-Mile Creek into a new, mixed-use project.
Killam says rental market is returning to historical norms
A Halifax-based landlord owning thousands of apartments across Canada says it's seeing the rental market returning to historical norms when it comes to how fast rents are going up and the proportion of tenants moving out.
Montreal landlords struggling to find tenants
Landlords in Montreal say demand for rental housing has dipped sharply, leaving even well-located units sitting empty. Many point to expensive new construction as a key reason vacancy rates are climbing for the first time in years.
Project for 1,000 new homes moves forward in Newfoundland
A second massive housing development in the east end of St. John’s is moving on to the next phase. The Canada Lands Company, a federal Crown corporation, has announced plans to add up to 1,000 homes in the Pleasantville area.
CPP Investments' JV in India acquires six logistics parks
The Canada Pension Plan Investment Board and IndoSpace say their IndoSpace Core joint venture has acquired six industrial and logistics parks in India for $471 million. The six assets are located in India’s key markets.
PSP Investments sells giant glasshouse in Australia in $153M deal
Australia’s biggest hydroponic glasshouse operation has changed hands in a $153M deal, with Centuria Capital taking over the facility from its owner. It was sold by Fresh Country Farms of Australia, an entity run controlled by Canada's PSP Investments
IQHQ halts development on $1B Fenway Center life sciences project
As the life sciences market continues to face significant pain, a lab development over the Massachusetts Turnpike has paused until conditions improve. IQHQ announced that its US$1B project isn't moving forward until it's 50 per cent leased.
The data centre construction surge may be nearing a plateau
Overall data centre construction spending doubled between 2024 and 2025 and is expected to nearly double again in 2026. But the data centre sector’s stunning skyward growth trajectory may have an imminent expiration date.
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