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Oxford secures biggest-ever speculative industrial lease

17 hours ago

Oxford secures biggest-ever speculative industrial lease

Oxford Properties has fully leased all 1.55 million square feet of space across four speculatively constructed buildings of the first phase at James Snow Business Park in Milton, Ont. 

PSP in $10B 'buy Canada' push; takes $2.1B loss on RE

The Public Sector Pension Investment Board's private-asset investments in real estate, credit and private equity struggled in its last fiscal year, keeping with a trend that has seen large institutional investors lag behind their benchmark targets.

Institutions see opportunity in apartment REITs

OPINION: Blackstone, a great white shark of money management, is once again circling an unloved Canadian apartment owner, H&R REIT (HR-UN-T). What do deep-pocketed asset managers such as Blackstone see in beaten-down apartment REITs that public investors are missing?

Montoni, Sid Lee win City of Longueuil project

The City of Longueuil has chosen a proposal from Montoni Real Estate Group and architecture firm Sid Lee for a mixed-use development near the metro station that will include a convention centre, hotel and rental residential buildings.

Quebec City office building to be converted to housing

The former Ministry of Health building on Chemin Sainte-Foy will be converted into an apartment building that will allow households to be housed at an affordable cost, starting in 2028.

Advancing Canada’s innovation infrastructure: Nokia’s Ottawa campus redevelopment

Nokia’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

Construction on Alberta data centres could start this year

VIDEO: Alberta says gigawatt-scale artificial intelligence data centre announcements could be coming soon, but which ones could get the green light? Several major proposals are already drawing attention, from projects in Olds to Keephills.

Heritage Yonge St. Canadian Tire redevelopment reworked

Designed by Adamson Associates Architects for CT REIT, the proposal retains the previously submitted 41- and 49-storey towers while revising the massing and architectural expression above the retained heritage facade of the old store at 835 Yonge St.

After two years, massive Delta project still pending

After receiving preliminary approval more than two years ago, the proposed massive redevelopment of B.C.'s Delta Shoppers Mall site is still at the third reading conditions stage before it makes its way back to council for possible final approval.

New Oakridge Park mall makes case for in-person retail

Vancouver’s new Oakridge Park shopping centre is quickly establishing itself as a major North American luxury destination. The 650,000-square-foot mall includes many striking flagships. And yet, it gives the impression that you’re anywhere but in a mall.

Home retailers struggling under soft housing market

For appliance, furniture and cabinet makers supplying the housing sector at large, the industry has seen erosion. Tighter consumer spending and weak residential construction has meant fewer new homes requiring complete furniture or appliance packages.

Advisors recommend support for $9.4B First Capital sale

First Capital REIT (FCR-UN-T) says proxy advisors ISS and Glass Lewis have recommended unitholders vote in favour of its previously announced $9.4B plan of arrangement with KingSett Capital and Choice Properties REIT (CHP-UN-T).

Fairfax completes Kennedy Wilson take-private transaction

U.S. real estate investment and asset management company Kennedy Wilson has been taken private by a consortium led by led by CEO William McMorrow, other senior executives and affiliates of Toronto-based Fairfax

Miami tech investor revives $3B real estate development

More than a decade after announcing plans for a large development in Miami’s Little Haiti, technology investor Bob Zangrillo is reviving the project, now pitching it as a US$3B home for the city’s growing roster of AI companies.

Zara billionaire renovating office across from White House

The investment vehicle of Zara founder and Spanish billionaire Amancio Ortega is planning a large-scale revamp of an iconic office property. Owner Pontegadea is seeking permission to modify the property to make it more enticing to office tenants.

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