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CF builds Rideau Registry apartments at Ottawa's Rideau Centre
CF builds Rideau Registry apts. at Ottawa's Rideau Centre
Major urban centres in Canada are hampered by insufficient rental inventories with scant solutions on the horizon, but as Cadillac Fairview is demonstrating with Rideau Registry in Ottawa, creativity is a welcome first step to solving the shortage.
Montreal Mini-Storage acquires 4 facilities, 1,000 units
Montreal Mini-Storage (MMS) will add approximately 1,000 storage units to its portfolio with the acquisition of four self-storage facilities in Greater Montreal.
Bylaw aims to limit development in Mtl.'s Chinatown
Montreal's executive committee adopted a new bylaw Wednesday, limiting the height of buildings in the city's Chinatown neighbourhood with the goal of preserving the area's heritage, following a report by the Office de consultation publique de Montréal in October.
 | The Apartment Building Expert My moonshot could solve affordable housingDerek LoboFounder and CEO , SVN Rock Advisors Inc. |
Firm Capital acquires stake in Edm. industrial for $6.2M
Firm Capital Property Trust (FCD-UN-T) today announced a series of acquisitions, dispositions and a financing update. Among them are the acquisitions of stakes in two Edmonton industrial buildings and pending acquisitions of three manufactured housing communities.
UBC Okanagan buys land next to Kelowna campus
Central Okanagan Public Schools has sold land to UBC Properties Trust next to UBC Okanagan’s planned 46-storey downtown Kelowna campus. The land is currently the site of the McWilliams Centre, which includes offices for school district staff.
 | Lee & Associates Calgary’s economic strength provides resilience for impending recessionJon Mook, President & Managing Director of Lee & Associates in Calgary, discusses the three main commercial real estate indicators that will reveal Calgary’s economic dominance when compared to other major metropolitan areas. Sponsored by: Lee & Associates |
Mississauga overhauls development process
The City of Mississauga has overhauled its development application review process. Staff provided an overview of the steps the city will take to meet the new requirements of Bill 109, Ontario's More Homes for Everyone Act.
Accept Summit Industrial takeover: ISS, Glass Lewis
Summit Industrial Income REIT (SMU-UN-T) announced independent proxy advisory firms Institutional Shareholder Services and Glass Lewis and Co. have recommended unitholders vote for its acquisition by GIC and Dream Industrial REIT (DIR-UN-T). Unitholders would receive $23.50 per unit.
Canderel expands property management to residential
Canderel announced an investment in Wilkar Property Management and TSE Management Services, positioning it as a key player in the Canadian residential property management business. Canderel already has over 24 million square feet of commercial property managed space across Canada.
Odd Burger opens Calgary location, plans nat'l expansion
London, Ont.-headquartered vegan fast-food chain Odd Burger Corporation (ODD-X) has opened its first Western Canada location in Calgary. Future restaurants are planned for Regina, Edmonton, Oakville, Ottawa, Oshawa, Toronto, Nanaimo, Surrey/Burnaby, Vancouver and Victoria.
Greensoil key investor in Canada's proptech sector
The road to net-zero is littered with the debris of broken promises, but Greensoil PropTech Ventures is steadfast in its commitment to decarbonising the real estate sector.
Kushner’s Brookfield deal under congressional scrutiny
A new inquiry by two congressional committees centres on Brookfield Asset Management’s (BAM-A-T) $1.2 billion lease of a New York City office building, for which the Kushner family took out a loan that it was in danger of defaulting.
Hudson Yards developer pitches 1,500-room resort
Hudson Yards developer Related Cos. is proposing a resort with about 1,500 guest rooms as part of its bid for one of New York’s gaming licenses. Plans also call for about 20 restaurants, a nightclub, theatre and casino.
Real estate market stabilization to take hold mid-2023: Colliers
After a volatile year of geopolitical tensions, economic shocks and uneven monetary policy, Colliers (CIGI-T) anticipates the process of stabilization of the global real estate market to take hold by mid-2023 in its latest Global Investor Outlook.
Walmart CEO says theft might drive store closures
Walmart CEO Doug McMillon warned that the retail giant might close stores or raise prices in the near future, citing an uptick in shoplifting and blaming local prosecutors for being lax in pursuing cases.
Canada reaches record number of renters: RBC
Royal Bank of Canada economists say the country has reached nearly five million rents, a record as the number of people renting has increased at three times the rate of homeowners in the past decade.
Mortgage rates to soar higher after latest rate hike
The Bank of Canada’s half-point interest rate hike on Wednesday spells further trouble for indebted homeowners and those trying to get into the housing market, who will now have to contend with still higher mortgage rates and borrowing costs.
Weak sales to drag housing starts lower
OPINION: Four key indicators suggest the current disconnect between home sales and housing starts is unlikely to persist and that the retreat in home sales will soon drag housing starts lower.
Saskatoon's housing inventory lowest in 10 years
The number of homes for sale in Saskatoon has dropped to its lowest level in over a decade, according to the Saskatchewan Realtors Association (SRA). SRA said sales activity in the city has seen a 15 per cent year-to-date decline.
Industry Events
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Canada Real Estate Auction
Oct 22 2024
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Calgary Real Estate Forum
Oct 29 2024
Calgary TELUS Convention Centre
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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