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Recent Articles
PBA Group buys 3 Alberta hotels to rebrand as Garner
PBA Group buys 3 Alberta hotels to rebrand as Garner
Calgary-based PBA Group is expanding its hotel portfolio with the acquisition of three Alberta hotels as it moves to a fully owned-and-operated model for the first time. The properties will be renovated, then rebranded as Canada's first Garner Hotels.
 | CREdesign 80 Queen St. East: The pivot that unlocked asset valueCarl LaffanArchitecture & Interiors | B.Arch BSc.ArchTech |
Romspen buys troubled mall after $499M debt default
Romspen Investment Corp. is buying a troubled mall from its largest borrower after the loan total swelled to $499 million and the likelihood of repayment dwindled in the wake of two failed property auctions.
 | The People Space Catherine Roome named president, CEO at ConcertDon WilcoxManaging Editor, RENX |
Developers plan ‘publicly owned AI factory’ for Hamilton
Slate Asset Management and the Digital Research Alliance of Canada have applied for federal funding to pay for the construction of a data centre along Hamilton harbour aimed at storing academic research data.
AI data centre to replace shuttered protein plant
A former protein processing plant just outside Winnipeg is being converted into an AI data centre. Bell Canada is transforming the former home of Merit Functional Foods in the CentrePort industrial development in the rural municipality of Rosser.
Self-storage proposed for ex-HBC space at 2 Bloor East
Plans have been filed by Brookfield Property Partners and Larco Investments for 2 Bloor St. E. that would introduce a new use within the podium of the Hudson’s Bay Centre, bringing self-storage to one of Toronto’s busiest intersections.
GM spending $691M on St. Catharines engine plant
General Motors says it will spend $691 million on its St. Catharines Propulsion Plant to support production of its latest V-8 engines for full-sized trucks and SUVs.
The convention business is booming in Halifax
What pandemic? After hitting bottom six years ago, Halifax’s Scotiabank Centre and the Convention Centre are coming off a record year with expectations of another one. The venues brought in $140M in economic impact in the last fiscal year.
Canadian retail resets as 17M square feet returns to market
Canada’s retail market is resetting as 17-million square feet of space returns to market while consumer demand remains intact, according to Cushman & Wakefield’s Global Cities Retail Guide 2026: Canada.
Industry report eyes expansion of Victoria's hotel properties
The ambitious goal to build up to 20 new hotels and add 2,000 new rooms to the region over the next decade is gaining momentum with municipalities, First Nations and developers, says the chief executive of Destination Greater Victoria.
Groupe Maurice plans for a new model of seniors housing
Luc Maurice, CEO of Groupe Maurice, proposes to create 3,000 accommodation places for seniors according to a model at $475,000 per resident, which is half the price of a place in a state seniors' home.
The CEO of Fiera Capital is back in his position
Montreal-based asset manager Fiera Capital announced Wednesday that its CEO Maxime Ménard is back in his position just over a month after announcing he was taking a leave of absence for medical reasons.
Vacancy rates up for new GTA rentals, why is rent still high?
The Toronto region vacancy rate for new rental buildings climbed to 5.4 per cent in the first quarter of this year, the highest seen since the pandemic, according to new numbers from market research firm Urbanation, released Monday.
BoC holds interest rate at 2.25% amid Iran oil price spike
The Bank of Canada held its policy interest rate at 2.25 per cent on Wednesday for the fourth consecutive time, a move widely expected by economists amid soaring energy prices brought on by the conflict in the Middle East.
Subcontractor suing for alleged unpaid work on Van. tower
A lawsuit claims a subcontractor is owed nearly $1 million for unpaid work and materials supplied to legal entities involved in a high-profile residential tower by Vancouver-based developer Westbank Corp.
Ardian helps Canada’s largest pensions exit buyout funds
Paris-based Ardian is increasingly a buyer of private equity assets from Canadian pension plans, as institutional investors turn to the secondary market to free up cash following a prolonged period of low deal activity.
La Caisse has big plans for its Australian office
Quebec pension fund La Caisse has paid over $2 million for a move to an office three times larger inside an iconic Sydney skyscraper, even though its Australian staff remains stable.
Vornado to buy minority stake in Manhattan office highrise
Vornado Realty Trust has entered into an agreement to buy a 49 per cent interest in Park Avenue Plaza in Manhattan from Closer Properties. The 1.2M-square-foot office tower was valued at US$1.1 billion.
Anthropic, OpenAI splurge on London offices in leasing wave
Artificial intelligence-linked companies, including Anthropic PBC and OpenAI, have been rushing into London for office space in a surge that’s surprised U.K. landlords. Such tech firms have leased more than one million square feet since the start of 2025.
Industry Events
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BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre -
Edmonton Real Estate Forum
May 13 2026
Edmonton Convention Centre -
Land & Development
May 27 2026
Metro Toronto Convention Centre - North Building -
Southwestern Ontario Real Estate Forum
Jun 03 2026
RBC Place London
Locations
