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TAS buys, redesigns T.O. Kingston Rd. development project
TAS buys, redesigns T.O. Kingston Rd. development project
TAS has filed a zoning by-law amendment re-submission and the first site plan approval submission for its proposed mixed-use, multiresidential development at 3718 and 3730 Kingston Rd. in the Toronto suburb of Scarborough.
Edmonton's Nearctic Property Group launches industrial REIT
Edmonton-based Nearctic Property Group has launched Nearctic Industrial Real Estate Investment Trust (NI REIT) to invest in multi-tenant industrial properties across Canada, with hopes to expand its seed portfolio into a $1 billion entity over time.
Sonshine on real estate challenges and opportunities
Edward Sonshine says it wasn’t a straight path to success as he navigated complex world events to build RioCan REIT (REI-UN-T) into one of Canada's largest. Sonshine is being inducted into the Canadian Business Hall of Fame this week.
 | The Industrial Real Estate Show The architecture of industrial real estateChad GriffithsPartner, NAI Commercial |
Concord Adex proposes 64-storey residential
Concord Adex has proposed a 64-storey DIALOG-designed tower at 699 Yonge St. in downtown Toronto. The 710-feet tower would include 514 residential units and would retain the three-storey buildings of 699-705 Yonge St., designated a heritage site.
Developers frustrated over Van. solution to backlog
Vancouver’s chief planner Theresa O’Donnell is asking council to allow her to focus on development applications likely to be built first and provide the most-needed kind of housing. Developers say the process would be subjective, inefficient and worsen the shortage.
 | MNP How to protect yourself against real estate and construction fraudThe impacts of fraud can be devastating but many people underestimate the potential scope of the wreckage. Sponsored by: MNP |
Inside the legacy of John C. Cushman
During a real estate career that spanned 60 years, John C. Cushman III left indelible marks on the powerful firms he led, and the commercial real estate business at large. He died Thursday at the age of 82.
Downtown T.O.'s pandemic recovery lags other cities: U of T
Toronto's downtown is lagging behind many North American cities when it comes to its recovery from the COVID-19 pandemic and two of the key culprits are commercial leases and commute times, says the University of Toronto's School of Cities.
BOMA BEST debuts streamlined version 4.0
BOMA Best 4.0, a streamlined version of the sustainable certification standard for existing commercial real estate buildings, officially launched on April 18 with a simplified questionnaire and an emphasis on carbon.
Germain still hoping to build Ottawa hotel
Group Germain, whose plan to build a hotel at the Ottawa International Airport became embroiled in controversy when it applied for and was denied a municipal tax break, says it still hopes to complete the project in “the near future.”
Farhi to demolish ex-London Free Press building
Unable to land tenants or redevelop the core-area site, Farhi Holdings Corp. is tearing down the former London Free Press building. London landlord Shmuel Farhi bought the 145,000-square-foot building on five acres in 2018.
Burger King to shutter up to 400 locations
Fast-food giant Burger King is planning to close as many as 400 underperforming locations by the end of 2023. Burger King had just over 18,900 restaurants worldwide as of the end of Q1, with over 6,960 in the United States.
U.S. office landlords hype new RTO mandates
The leaders of the U.S.' largest publicly traded office real estate owners have renewed their optimism that the latest push of companies forcing their workers back to the office will finally turn the tide of their troubled asset.
Buffalo Bills get final OK to build new stadium
Get the shovels out, because the Buffalo Bills can finally begin breaking ground on their 60,000-plus seat, $1.54 billion new stadium after the project received unanimous approval from the Erie County legislature on Thursday.
Seized $1.19B Hong Kong tower for sale
Creditors have appointed agents to sell the $1.19 billion Cdn One HarbourGate East Tower in Hung Hom that is among a trio of seized assets tycoon of which Chen Hongtian is fighting to regain control.
Mortgage delinquencies could rise by 1/3: RBC
Mortgage delinquencies could rise by more than a third over current levels during the coming year, as pandemic-related support measures are largely over and living costs continue to soar, a recent RBC report warns.
Ontario residential building permits declined 11.6% in 2022
For the first time in three years, Ontario saw the number of residential building permits drop after reaching all-time highs during the pandemic, according to the Municipal Property Assessment Corporation (MPAC). The year-over-year decrease was approximately 11.6 per cent.
Calgary's luxury market Canada's healthiest
Although activity in the $1million-plus price range is lower than in the spring, the Top-Tier Real Estate: Spring 2023 State of Luxury report by Sotheby’s International Realty Canada says Calgary’s luxury market is the healthiest among Canada’s largest cities.
The beleaguered balcony is wide open to a rethink
OPINION: Architects, developers, planners and ordinary residents tend to agree that, with notable exceptions, the balconies of most apartment buildings end up as weather-beaten places to store a bicycle or stick a struggling plant.
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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