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Clarke Inc. to acquire Ravelin Properties REIT in $1.1B deal
Clarke Inc. to acquire Ravelin Properties REIT in $1.1B deal
Halifax-based Clarke Inc. (CKI-T) announced this morning it has entered into a definitive agreement to acquire Ravelin Properties REIT (RPR-UN-T) in an all-stock deal valued at $1.1 billion, including debt.
Wexford nears $1B milestone in completed developments
Calgary rental housing developer Wexford Developments is nearing a major milestone: $1 billion in completed project value as it sells a just-completed Victoria-area apartment building and breaks ground on another, in Penticton, B.C.
New Brunswick in talks for US$1B explosives plant
New Brunswick is in talks with Nalagx Corp., a Canadian firm partnered with France’s Eurenco, to build what could be the country’s largest explosives factory since World War II. The proposed US$1-billion project would create 500 jobs.
Gagetown base to receive $1B for a military rebuild
Prime Minister Mark Carney announced more than $1 billion in new spending for 5th Canadian Support Base Gagetown at an announcement in Halifax on Thursday, as part of Ottawa’s plan to rebuild the Canadian military.
Historic dockyard eyes $300M overhaul for Arctic work
St. John’s Dockyard Ltd. wants to invest up to $300 million in one of Canada’s oldest shipyards to attract Arctic sovereignty work. Its plans for the facility, also known as Newdock, were detailed in recently filed environmental assessment documents.
Amazon begins using 600,000 sq. ft. in The Post's N. Tower
After a tenancy spanning just over a decade, Amazon is exiting its major presence at the Telus Garden office tower as part of its corporate strategy to consolidate and optimize its downtown Vancouver office spaces.
Data centres are coming to B.C. But is there enough power?
B.C.’s push to attract data centres could fall short as power constraints go up against surging global demand. The province is currently running a process that sees data centres compete for a slice of 400 megawatts over two years.
AutoCanada sells dealership, advances U.S. exit strategy
AutoCanada Inc. (ACQ-T), a multi-location North American automobile dealership group, has completed the sale of Kia of Lincolnwood, in Lincolnwood, Ill. The disposition represents continued progress in the company's previously announced plan to exit its U.S. operations segment.
Vancouver to consider 250-room floating hotel proposal
The proposal to build a floating hotel with 250 guest rooms on the Coal Harbour waterfront in downtown Vancouver is heading into Vancouver City Council’s consideration process, with City of Vancouver staff recommending that it proceed to a public hearing.
Delta Golf & Country Club in receivership; lists for $10.75M
The sprawling Delta Golf & Country Club which has been closed for some time and placed under receivership in 2025 is now listed for sale. The 64.8-acre property runs along the eastern side of Annacis Highway between Delta and Surrey.
Delta projects reshaping Metro's industrial landscape
Among the industrial sites for sale or lease in the City of Delta is an opportunity to buy an industrial strata unit at a Beedie-built development in Tilbury, which is currently listed at just under $20 million.
Northeast Brampton warehouse proposal clears hurdle
A new industrial warehouse may soon be coming to northeast Brampton after the city’s planning and development committee approved a zoning amendment for the project. The proposed facility would span more than 37,600 square feet.
Toronto architects spotlight sustainable properties
Toronto’s green roofs were once radical experiments. Now, with provincial changes making them voluntary, the architects who helped shape that legacy are pointing to built and in-progress projects they hope will keep the momentum of green development alive.
TD sharply lowers housing market forecast for the year
TD Economics has sharply lowered its 2026 forecast for home sales and prices, saying it no longer expects either to rise this year after weak performance over the past two quarters.
Elm-Ledbury retail vision takes shape in Toronto
Toronto’s Elm-Ledbury, a rental community by Fitzrovia, is emerging as more than a high-end rental address. The project’s retail component, known as The Mews, is being positioned as a meticulously curated urban destination.
Royalmount mall to ban dogs after poop scooping failures
Montreal luxury mall Royalmount announced they have made the “difficult decision” to ban dogs from its premises. The shopping centre, which has been open since 2024, said in a statement several “hygiene-related incidents” forced them to make the rule change.
Canadian billionaire wants to take U.K. Indian restaurants global
Prem Watsa, Canadian billionaire and founder of Fairfax Financial Holdings Ltd., acquired MW Eat in November, a group which owns Indian restaurants across London. Watsa wants to bring its top restaurants to Canada, the U.S., the Gulf and elsewhere.
Tourism promoters make pitch to CRE investors at MIPIM
Tourism promoters are pitching Canada as a destination for investment returns. Several organizations recently joined forces to highlight potential opportunities in recreational, leisure and entertainment assets at MIPIM, the international gathering of property professionals occurring annually in Cannes, France.
How all of America became big tech's boomtown
An explosion of data centre development has changed the landscape of Prince William County, Va. Vast campuses of windowless concrete buildings surrounded by generators have bubbled out along major highways and power transmission corridors, replacing homes, businesses and green space.
Tangled web of loans brought down British property empire
Ennismore Gardens was once home to Hollywood icon Ava Gardner. Now the tree-lined Knightsbridge square is part of a drama gripping the fast-growing market for private financing. A stucco-fronted townhouse here plays a role in the financial debacle.
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 -
Edmonton Real Estate Forum
May 13 2026
Edmonton Convention Centre
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