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Streamliner, Anthem acquire Ottawa's Carlingwood mall
Streamliner, Anthem acquire Ottawa's Carlingwood mall
Streamliner Properties and Anthem Properties Group have teamed up to acquire the Carlingwood Shopping Centre in Ottawa, a 632,700-square-foot enclosed mall which is home to the largest Canadian Tire location in the country.
Real estate is 'in my blood': Legacy's Patrick Nihon
Patrick Nihon says he originally missed his true calling in real estate, but is making up for lost time. The president of Legacy Development Group is developing his third Greater Montreal multires project, the 245-unit Verdora in Vaudreuil.
Colliers to acquire engineering firm Englobe
Global diversified professional services and investment management company, Colliers (CIGI-T) today announced it has entered into a definitive agreement to acquire Englobe Corporation, a leading Canadian multi-discipline engineering, environmental and inspection services firm.
Laurentian slashing Toronto office space
Laurentian Bank of Canada is slashing its Toronto office space by two-thirds as it leans into a hybrid work model and seeks cost savings amid a broader strategic revamp. Laurentian currently leases three floors at 199 Bay St.
45% of fed's office space could be converted: Gensler
Up to 45 per cent of the office buildings owned and leased by the federal government, which has vowed to transform much of its commercial space into residential dwellings, could be turned into apartments, says architectural firm Gensler.
Reliance, QuadReal Vancouver mixed-use towers approved
Vancouver City Council has approved Reliance Properties and QuadReal Property Group's redevelopment of the former MEC West Broadway store with 21- and 28-storey mixed-use towers, comprising 514 secured market rental homes and about 43,500 square feet of commercial space.
Seven towers up to 43 storeys proposed in Brampton
TACC Construction and HBNG Holborn Group have proposed seven mixed-use towers up to 43 storeys in Brampton. The Turner Fleischer Architects-designed project would comprise 2,461 condo units, 34,972 square feet of retail and 49,234 square feet of office space.
1,796 homes proposed for London neighbourhood
Three decades ago, Lambeth wasn’t yet part of London. Now, it's one of the hottest areas of development within the city. Proposals for two subdivisions could add 1,796 single family homes, townhouse units and apartments to a largely still-rural area.
Wellington Market brings elevated food hall to The Well
The food court isn't what it used to be. From gourmet hotdogs topped with all the goods to fresh lobster rolls and over-the-top desserts, the just-opened 3,400-person capacity Wellington Market takes the urban food hall to the next level.
Calgarians bid farewell to iconic Eau Claire Market
Friday marked the last day Eau Claire Market’s doors were open, with work to get underway this summer to demolish the site. The Calgary market’s name was chosen because of three American logging experts from Eau Claire, Wisc.
New retail tenant mix for Toronto's 100 Bloor St. W. podium
The commercial podium at 100 Bloor St. W. is seeing new retail tenants that are transforming the heart of the ’Mink Mile’ luxury run. The podium is shifting its tenant mix with new retailers and new opportunities coming available.
Walmart Canada $3.5B revamp plan unfolds
It is just before lunchtime, and Walmart Canada chief executive officer Gonzalo Gebara is watching keenly as customers browse through the dumplings, sandwiches and rotisserie chickens at the recently renovated store at the Square One shopping centre in Mississauga, Ont.
Mineral storage first new bldg. in decades at Churchill port
The company that owns the Port of Churchill and Hudson Bay Railway has completed construction of the first new building at the northern Manitoba port site in several decades.
Without development fees, who pays for new infrastructure?
OPINION: Andrew Sancton started to wonder about the way local taxes worked when his entire street in London, Ont., got dug up and completely redone. New sewers, sidewalks, pavement, all at no extra charge to him or his neighbours.
Ottawa's new draft zoning bylaw has dropped
City staff want to allow two-and-a-half-storey homes across Ottawa, make it easier to build additions to heritage properties and tighten rules limiting how many parking spaces developers can build near transit stations.
Some schools look to prefab construction
On a late May morning, with birdsong, boots crunching gravel and a patter of rain on umbrellas replacing the clamour of a busy construction site, trustees from the Sooke School District toured the prefabricated addition going up at David Cameron Elementary in Colwood, B.C.
CPP sets record for AUM in India
CPP Investments reported a surge in its assets under management in India to a record $28 billion in fiscal year 2023-'24, even as it signalled a strategic shift in its exposure to emerging markets.
Blackstone’s $59B trust hit by Starwood fallout
Repurchase requests by investors in Blackstone Real Estate Income Trust ticked up in May, according to a shareholder letter Monday, after rival Starwood Real Estate Income Trust tightened limits. Starwood’s decision further chilled investor sentiment about the real estate sector.
Past due CRE loans at highest level in over a decade
Past due Q1 CRE loans increased $1.8 billion, or nine per cent quarter-over-quarter, says the Federal Deposit Insurance Corp. However, the banking industry saw a rebound in net income to $64.2B, a 79.5 per cent quarter-over-quarter increase.
Co-living firm Common Living to shutter
Common Living, one of the largest co-living firms in the country, is shutting down. The firm, which had been growing during the pandemic through acquisitions of other failed co-living companies, filed for Chapter 7 bankruptcy late Friday.
Industry Events
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Quebec City Real Estate Forum
Oct 16 2024
Quebec City Convention Centre
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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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