LocationsRecent Articles
Fournier to step down as Oxford head; Plesman named president, CEO
 | The People Space Fournier to step down as Oxford head; Plesman named president, CEODon WilcoxManaging Editor, RENX |
Ravelin buys 100% interest in 2 GTA office buildings
Ravelin Properties REIT (RPR-UN-T) has acquired the remaining 25 per cent interest in two Greater Toronto Area office properties, and has agreed to a forbearance period connected to a CIBC loan for an office property in Chicago.
CBRE chair Paul Morassutti to retire at end of 2025
One of Canada’s best-known senior executives in the commercial real estate industry, CBRE chairman Paul Morassutti, plans to step into retirement at the end of this year.
Manulife, TruAmerica launch $1.37B U.S. housing JV
Manulife Investment Management has formed a $1.37B (US$1B) affordable housing joint venture with TruAmerica. Called Anchor Point Residential, it will debut with the acquisition of a 51-property, 6,000-unit portfolio, constructed between 2003 and 2023.
HOOPP, AIMCo slam brakes on U.S. real estate investment
Two of Canada’s largest pension funds say it is getting harder to justify investing in real estate south of the border, but the enormity of the market keeps the United States on their radar.
 | Trez Capital Looking beyond uncertainty to find positive trends in Canadian commercial real estate markets: H2 2025 OutlookThe Canadian commercial real estate market is undergoing a quiet recovery, characterized by stable overall capitalization rates (OCR), a continued flight to quality — particularly in well-located retail and residential assets—and divergent performance across sub-markets. Sponsored by: Trez Capital |
Quebec mall redevelopment to take landscape-first approach
A new, repurposed mall in Gatineau, Que., is leading the charge of retail centre reinvention amid the rise of e-commerce and the changing ways Canadians are shopping. The $1.3B project, named Espace Canevas, will redevelop a 16-acre site.
Pet Valu opens 295,000-sq.-ft. Calgary distribution centre
Pet Valu Holdings has opened a 295,000-sq.-ft., LEED Gold Certified distribution centre in Calgary. It marks the completion of a a four-year, $100M supply chain transformation for the pet supplies retailer.
H55 electric plane battery plant takes off in Quebec
Electric airplane battery manufacturer H55 recently inaugurated its new production facility in Longueil, Que. in order to get closer to its North American clients. It is the next step in a journey that began in 2023.
LGC Group opens $100M life sciences centre in Vaughan
LGC Group has opened its new Organic Chemistry Synthesis Centre of Excellence in Vaughan, following a $100M investment. The 203,000-sq.-ft. facility is one of the largest of its kind in the world.
Tanking downtown Montreal property values worry CRE
VIDEO: Business owners in Montreal are calling on municipal leaders to find ways to make the downtown core more attractive. The merchants say one of the main reasons property values are declining is public safety.
Lowest housing starts in 30 years for Toronto: CMHC
Toronto’s homebuilding activity in the first half of 2025 was the lowest on a per-capita basis since 1996, according to a report from Canada’s national housing agency, driven by a 60 per cent year-over-year decrease in condo starts.
How Vancouver’s rentals are being built for long-term living
A surge of purpose-built projects shows how developers are adapting to tenants who want stability, storage and design once reserved for condos. In East Vancouver alone, at least 13 purpose-built rental projects are actively leasing.
Nearly 2,000 homes in 4 towers proposed for East Vancouver
The first major project directly influenced by the prescriptions and stipulations of the City of Vancouver’s newly approved Rupert and Renfrew Station Area Plan calls for the construction of four mixed-use, highrise residential towers, proposed by Sightline Properties.
48-storey rental tower proposed northwest of Islington station
A proposal has been submitted to bring a 48-storey rental tower to 4975 Dundas St. W. Designed by B+H Architects for Hi-Lo Investments, it would rise within the Islington Major Transit Station Area.
BTB REIT updates unitholders with respect to mini-tender
BTB REIT (BTB-UN-T) is making no recommendation to unitholders on an offer by Ewing Morris & Co. to acquire up to 8 million of the REIT's units. BTB's board of trustees encourages unitholders to make their own decisions on the offer.
BXP cuts dividend, announces asset sale to help fund new office tower
Office REIT BXP cut its dividend by nearly 30 per cent and announced plans to sell non-core assets to help fund its next round of development. BXP will cut its dividend from 98 cents to 70 cents.
NYC developers build 99-unit buildings to avoid wage requirements
There’s an unmistakable trend across New York City: Real-estate developers are seeking to construct buildings with exactly 99 units. Why? A new tax program for real estate developments that requires higher worker wages for buildings with 100 or more apartments.
Vornado completes $218M Manhattan tower acquisition
Vornado Realty Trust has completed the acquisition of 623 Fifth Ave., a 382,500-rentable-square-foot office tower in Manhattan. Cohen Brothers Realty sold the asset for US$218 million. Vornado entered an agreement to purchase the highrise last month.
Veteran investor and credit fund agree on $457M deal for London office
Nuveen has agreed to sell the Can of Ham office building at 70 St Mary Axe in the City for about US$157M (£340M) in a deal that highlights improving sentiment in the London office investment market.
Industry Events
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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Montréal du Futur
Sep 24 2025
to Sep 29 2025
World Trade Centre of Montreal
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Ottawa Real Estate Forum
Oct 09 2025
Rogers Centre, Ottawa
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Saskatchewan Real Estate Forum
Oct 16 2025
TCU Place, Saskatoon
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Toronto Real Estate Forum
Dec 03 2025
to Dec 04 2025
Metro Toronto Convention Centre, Toronto
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