LocationsRecent Articles
Mattamy's fall calendar includes 3 new condo building launches
Mattamy's fall calendar includes 3 condo building launches
Mattamy Homes’ GTA Urban division launched sales for The Laurels multi-residential development in Milton in September and will launch two more Greater Toronto Area condominium projects before the end of the month.
Do your homework before a building conversion: EllisDon
EllisDon has been involved with building retrofits for many years, but larger-scale office building conversions became part of the construction service company’s playbook quite recently as conditions in the CRE market have put a focus on this type of project.
Pomerleau domination: Company turnover soars to $5B
Pomerleau is carrying out work (alone or in consortium) on nine of the 10 largest public worksites underway in Greater Montreal. In five years, the company's turnover has more than tripled, from $1.5 billion to over $5 billion.
Montreal to cap property tax increases at 1.8% in 2025
After residential taxes increased nearly 10 per cent over the past two years, Montrealers are finally getting a break. The city will limit the property tax increases to 1.8 per cent for homeowners and businesses in its 2025 budget.
60-storey with student housing tower proposed for Toronto
A 60-storey mixed-use tower has been proposed for 149 College St. by Northwest Development and Alignvest Student Housing. It would include 480 student residence units and retain much of the historic Stewart Building as part of the tower’s podium.
New plan to add 30,000 residents in New Westminster
New Westminster has released its concept for densifying the area around the 22nd Street Skytrain Station. The plan calls for the greatest densities and heights of 20 or more storeys for the city blocks closest to the transit hub.
Winnipeg plan to confiscate land will discourage development
OPINION - Winnipeg has introduced a plan that would require developers to hand over eight per cent of their land when undertaking large-scale residential redevelopment projects. The purpose is to create privately owned but publicly accessible green spaces.
Only 12% of Ontario MZO projects completed, review found
An Auditor General's review of the Ontario government's use of minister’s zoning orders, a legal tool deployed to overrule municipalities’ planning rules and ease the burden of development proposals, found few of the projects granted MZOs were completed.
Peguis FN sues developer Marquess over 'improper profit'
Peguis First Nation is suing Winnipeg developer Andrew Marquess, his companies and a company owned by his wife over allegations he failed to act in the best interests of the band when advising and overseeing the band's real estate investments.
CDPQ says it’s ready to back Couche-Tard in 7-Eleven quest
A senior executive at Quebec’s public pension manager said the fund will likely provide financial backing to Alimentation Couche-Tard (ADT-T) if it moves ahead with a takeover bid for Seven & i Holdings, the parent of the 7-Eleven chain.
Toronto lags the world in returning to the office
Workers around the world have been trickling back to the office, but in Canada that trickle is slower than most. According to a report by Centre for Cities, Canada's largest city ranks with London at the bottom of the scale.
Conflict resolution is a critical skill for contractors
Contractors interact with other companies 17 times a day, and nearly half of those interactions involve conflicts, according to a report by Dodge Construction Network and Dusty Robotics. It suggests that specialty trade contractors rarely experience good resolution from conflicts.
Halifax Historic Properties set for a $10M restoration
Through the window of the downtown boardroom of the Armour Group, CEO Scott Armour McCrea can see several of the landmark Halifax buildings the company has built over the last 50 years. One of the first was the Historic Properties.
Unity Fitness' 45,000 sq. ft. club redefines wellness in Toronto
At Unity Fitness, a new wellness club located at the Sugar Wharf condos, the history of the neighbourhood comes alive again. Not far from the Redpath Sugar Refinery, the 45,000-square-foot facility is filled with nautical themes and industrial aesthetics.
Retail sector starting to turn around as interest rates drop
VIDEO - Retail analyst Bruce Winder tells the Financial Post he is seeing early indicators of improvement in the retail sector as Canadians get some relief from interest rates and inflation.
U.S. jobs bonanza slams the brakes on rates in Canada
Just when experts thought the U.S. economy was sleepy, it wakes up like a fire alarm at 3 a.m. Friday morning it was announced the U.S. added an estimated 254,000 jobs in September. That’s over 100,000 more than predicted.
U.S. cities preach the 3Rs of building replacement
Operations like Community Forklift that deconstruct buildings are growing as U.S. municipalities transition away from demolition and towards deconstruction ordinances. Milwaukee, Boise and Pittsburgh have deconstruction policies in place while more than two dozen other cities debate similar proposals.
Ex-Goldman CFO returns to Wall Street atop $55B housing giant
Stephen Scherr, the former chief financial officer of Goldman Sachs Group, is seeking a Wall Street comeback by joining the leadership of one of the biggest investors in U.S. housing. Scherr starts this week as co-president at Pretium.
Hedge fund Deer Park eyes distressed property debt
Hedge fund firm Deer Park Road Management is mobilizing capital to snap up debt tied to commercial real estate, betting the investment will mint lucrative returns. Deer Park hopes to raise US$500M for it first commercial mortgages fund.
Lodging REITs seeing strong growth from corporate customers
Lodging REITs are entering the fall with fundamentals that are fairly positive, although softness in the leisure segment and broader macroeconomic concerns have led to some tempering of guidance for the year as a whole.
Industry Events
-
Quebec City Real Estate Forum
Oct 16 2024
Quebec City Convention Centre
-
Canada Real Estate Auction
Oct 22 2024
-
Calgary Real Estate Forum
Oct 29 2024
Calgary TELUS Convention Centre
-
MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
Follow us on Social Media
Follow RENX on your favorite social media platform for news delivered to your feed.
Locations
