LocationsRecent Articles
Elite group buys 2 shopping centres, nears $500M in assets
Elite group buys 2 shopping centres, nears $500M in assets
Edmonton-based Elite Real Estate Group has been busy expanding its holdings in recent days with the acquisitions of two local shopping centres as it approaches a half-billion dollars in portfolio value.
Skyline buys 100% interest in 2 new Montreal industrial builds
A partnership between Skyline Industrial REIT and Montreal-based developer Rosefellow continues to produce results for the Guelph-based trust, which has acquired sole ownership of two more joint industrial development properties in the Montreal area.
Caisse takes real estate hit in 2023
Caisse de Depot et Placement du Quebec posted a 6.2% loss on its $46 billion property portfolio — the only asset class for which it had a negative return last year.
Unlocking value in real estate key: Leon's CEO
Unlocking the value in Leon’s Furniture Ltd.’s (LNF-T) vast real estate portfolio — it has 303 stores across the country, many on land that it owns — is one of chief executive officer Michael Walsh's key priorities.
James House reveals shift in downtown Ottawa condo market
A mid-rise condominium project in downtown Ottawa has attracted a different set of buyers than past developments, according to the broker marketing the nine-storey, 127-unit James House. It is being developed by Urban Capital and Taggart Group.
Westbank/Allied King Toronto condos taking shape
Westbank Corp and Allied Properties REIT's sprawling artificial mountainscape known as King Toronto is well underway at 489 King St. W. The 16-storey condo development marks the first Toronto commission for acclaimed Danish architecture firm Bjarke Ingels Group.
 | Landstar Development Seize the opportunity: Premier lakefront development in West KelownaThe Certificate in Real Estate Development brings together a range of professionals involved in city building including architects, planners, developers, and investors. Hear from Hugh Gorman, real estate development mogul and course instructor in this interview. Sponsored by: Landstar Development |
172 rental homes proposed near future SkyTrain stations
Another secured purpose-built rental housing tower is proposed for the City of Vancouver’s Broadway Plan area. On behalf of Prospero International Realty and Five Mile Holdings, a rezoning application has been submitted to redevelop 1190 West 10th Ave.
5 developments coming to Winnipeg
Many new development projects are breaking ground in Winnipeg this year, from a new, 113-acre "college town" being raised from the ground by the University of Manitoba to the redevelopment of the iconic, flagship Hudson’s Bay building downtown.
Canada Post should sell land for Halifax housing: MP
Halifax Member of Parliament Andy Fillmore says Canada Post should offload a prime plot of Halifax real estate to make room for more housing. The 5.7-hectare parcel of land is home to a one-level sorting and mail distribution facility.
IKEA opening three Plan and order points in 2024
IKEA Canada announced the opening of two new Plan and order points in London, Ont., and Lachenaie, Que., next month. A new location will also be coming to Barrie at the SmartCentres Barrie South shopping centre in summer 2024.
Chick-fil-A is coming to Alberta in 2024
Chick-fil-A announced Tuesday it will open three new restaurants in Alberta by the end of the year. Construction is set to begin this month on a new Chick-fil-A restaurant in West Edmonton Mall.
Ottawa Valley CRE sees slow post-COVID recovery
While markets along Highway 401 are benefiting from strong demand for industrial properties, areas like the Ottawa Valley are seeing a slower recovery for commercial real estate post-pandemic, according to Sherri Cobus of EXP Realty.
Largest U.S. hospital owner reports $664M loss
The nation’s largest hospital owner, Medical Properties Trust, on Wednesday revealed its losses from struggling tenant Steward Health Care are deeper than previously reported, and it is lending the operator more money as it tries to right the ship.
London’s iconic BT Tower sold for $469M
The BT Tower, one of London’s most distinctive buildings, is to become a hotel after BT Group Plc agreed to sell the site to MCR Hotels for $469 million Cdn. The tower dates from 1964 and stands 581 feet.
Yardi Matrix forecasts increase in self-storage delivery
Yardi Matrix's Q1 2024 Self Storage Supply Forecast suggests an expansion in near-term supply, while the coming years will show a decrease. Q4 2023 registered an increase in construction starts and the under-construction pipeline, influenced by a new development uptick.
IWG first tenant for £1.3B West London scheme
Flexible workspace operator IWG has signed to take a major chunk of the office space at the £1.3B regeneration of the Olympia exhibition and conference venue in west London.
HSBC slashes CRE exposure in U.S., U.K. to limit losses
HSBC Holding Plc slashed its exposure to commercial real estate in both the U.S. and U.K. last year, the latest sign that lenders are looking to limit their losses as office occupancy rates in major cities continue to plummet.
Fiera Capital opens new office in Switzerland
Fiera Capital Corp. (FSZ-T), an independent asset management firm, has announced the opening of its first office in Switzerland as part of its regionalized distribution model. The office will be located in Zurich.
Industry Events
-
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
