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Avenue 31 catches wave of Ottawa industrial boom
Avenue 31 catches wave of Ottawa industrial boom
One of Ottawa’s newest industrial developers, Avenue 31, has completed two significant leases in recent months at the National Capital Business Park, where it has constructed three spec buildings and plans about 1.3 million square feet of development.
Adaptation is key to CRE success in 2023: Palladitcheff
Nathalie Palladitcheff gets asked all the time when things will get “back to normal” in the commercial real estate world, but Ivanhoé Cambridge's chief executive officer thinks the premise of the question is flawed.
Greenbelt infrastructure issues could delay Ont. homebuilders
Despite letters and dozens of protests, Ontario has forged ahead and passed regulation to enact its plan to remove land from the Greenbelt and the Oak Ridges Moraine. A lack infrastructure could put a wrench in the plans.
 | The People Space PeopleSpace: Puffer joins AIMCo, Murray moves to TeachersDon WilcoxManaging Editor, RENX |
Zoning rules raise doubts about Broadway housing projects
Property owners and developers have made dozens of development inquiries for housing projects along Vancouver’s planned Broadway subway line, but economic factors and zoning rules may mean few of those proposals result in net gains for the strained housing supply.
Small business outlook for year improves slightly: CFIB
Small business owners have a slightly better outlook on the year ahead than a month ago but their short-term outlook has worsened, the latest survey results from the Canadian Federation of Independent Business (CFIB) said.
 | Colliers Canada Brokerage Helping finance the future of real estate for clientsColliers Debt Advisory Group is a cohesive team of commercial real estate finance professionals who source and structure market-leading debt facilities across all asset classes coast-to-coast on behalf of private, institutional and public landlords, and developers. Sponsored by: Colliers Canada Brokerage |
SmartStop acquires 22nd GTA property
SmartStop Self Storage REIT, a self-managed and fully integrated self storage company, has increased its Canadian self-storage portfolio to 22 locations with a newly developed 94,000-square-foot facility in the Town of Aurora.
Fora proposes 33-storey mixed-use near future LRT station
Fora Developments has proposed a 33-storey mixed-use tower at 2636 Eglinton Ave. W. near Toronto's soon-to-open Keelesdale LRT station. The gh3-designed tower would include 370 residential units in addition to ground-level retail.
Enbridge launches EaaS Enbridge Sustain
Enbridge Inc. has launched a new energy-as-a-service (EaaS) line of business called Enbridge Sustain, offering clean energy solutions to homeowners, developers and commercial customers in Ontario.
Home Capital receives no new offers during ‘go-shop’ period
Home Capital Group Inc. (HCG-T) is moving closer to being acquired by billionaire financier Stephen Smith after its go-shop period ended without any higher offers. The alternative mortgage lender reached a deal in November for $1.7 billion.
First Capital unitholder meeting set for May 16
First Capital REIT (FCR-UN-T) announced its board of trustees, in response to a unitholder requisition made by Sandpiper Group and Artis REIT (AX-UN-T), has called an annual and special meeting of unitholders for Tuesday, May 16.
CIM to sell 185 properties for $894M
CIM Real Estate Finance Trust, Inc., a leading commercial credit-focused real estate investment trust, announced it has entered into an agreement to sell 185 non-core, net lease properties to Realty Income Corporation (O-N) for $894 million.
Netflix plans $900M facility at former N.J. Army base
Netflix said it plans to build a state-of-the-art production facility at a former Army base at the Jersey Shore that will cost more than $900 million and create thousands of jobs.
Real estate lags in Europe’s stock markets
Beset by war, soaring costs and higher interest rates, 2022 was a year many European companies — and stock market investors — would prefer to forget. At the bottom of the pile was real estate, posting the steepest annual decline since 2008.
China’s CRE market expected to pick up in mid-2023
Demand in China’s commercial real estate market will pick up in mid-2023 as part of a larger reopening of the country and subsequent economic revival, Colliers and other property analysts predict.
Record number of condos to flood Toronto market in 2023
A record number of new condo units will be completed in Toronto in 2023, just as skyrocketing mortgage rates make it harder for investors to close on their properties. Nearly 32,000 condos will hit the GTA, according to Urbanation Inc.
Record numbers leaving Ontario for affordable homes
Christine Gregoire-Lauzon and her husband bought a home they’d never seen, in a city where they didn’t know anyone, on the other side of the country, moving to the Calgary area from Pickering.
New measures include tax incentive for new homebuyers
The federal government has introduced several changes to taxation and tax benefits for this year including a First Home Savings Account (FHSA), an increased tax on home-flipping and a tax on unused or underused housing.
How new foreign homebuyer ban works
A two-year federal ban to stop people and corporations that aren’t Canadian from buying residential property went into effect on Jan. 1. It’s a move that supposed to help make housing more affordable for those that live in this country.
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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