CEO who led expansion of large Canada grocery chain to step down
Michael Medline plans to leave Empire, its Sobeys subsidiary in 2026
The CEO of one of Canada's largest grocery empires is retiring next year.
Melcor Developments wins battle for total ownership of REIT
Property company takes 100% control in real estate investment trust launched in 2013
Melcor Developments officially won its battle to take 100% control of its publicly traded real estate investment trust, ending a fight with shareholders who had opposed the move.
CBP Capital taps industry veteran as firm launches new funds
Colonnade BridgePort division names former BGO executive Marshall Elliott to senior position
CBP Capital, the investment and fund management division of Ottawa-based Colonnade BridgePort, is bringing in an industry veteran as it launches its newest investment funds.
Avison Young executive to bike across parts of US, Canada in fight against cancer
Jeff Flemington to traverse five states, two provinces in effort to raise money for research
Avison Young commercial property adviser Jeff Flemington has a lot of real estate to cover in the coming weeks, but he won't be wearing business attire when he does it.
Growing federal workforce may affect Ottawa office market
Firmer return-to-office mandates might improve activity downtown, Avison Young says
A growing federal workforce has not done much for Ottawa's office vacancy rate, but Avison Young says recent return-to-office mandates could help fill empty spaces and bring people...
Canada's largest Asian grocery chain expands in Ontario
T&T Supermarket to open second location in Toronto suburb of Mississauga
Canada's largest Asian grocery chain is expanding again with the opening of its second store in the Toronto suburb of Mississauga.
Toronto drags Canada's multifamily starts into negative territory
Major drop in new projects in Canada's largest city fuel double-digit decline nationally
Canada's multifamily housing starts dropped by 10% in the first quarter compared from the same time a year earlier, as a 60% decline in new projects in the greater Toronto area pus...
For the first time in a year, Bank of Canada holds rates steady
Central bank warns that monetary policy cannot address effects of US tariffs
The Bank of Canada opted not to lower interest rates for the first time in more than a year and warned that monetary policy cannot address tariffs, reflecting a new reality for rea...
Colliers grows by acquisition, seizing opportunity in economic uncertainty
Real estate services firm to grow to over 3,000 employees in Canada with addition of Triovest
Colliers agreed to acquire a fellow real estate services firm as it looks to seize the opportunity to grow its business during economic uncertainty.
Canada's largest car dealership REIT closes latest US purchase in Florida
Automotive Properties expands in Tampa with purchase of Rivian complex
Canada's largest automotive dealership real estate investment trust closed on its latest deal south of the border as it continues to look to the United States for expansion.
Plans to create more housing draw focus in federal election campaign
Conservatives, Liberals spar over how to build more homes ahead of Canadian vote
Canadians are set to head to the polls this month to elect a new federal government against the backdrop of a global tariff war that continues to affect the real estate market nort...
Crombie REIT to sell off stake in Halifax developments
Property arm of grocery giant Empire Company forms Montez partnership
Crombie Real Estate Investment Trust, the real estate arm of one of Canada's largest grocery chains, has agreed to a joint venture that will see it sell a 50% stake in one of its m...
Nexus Industrial REIT sells interest in Quebec retail properties as it specializes in warehouses
Toronto firm on its way to becoming pure-play industrial real estate investment trust
Nexus Industrial REIT has all but reached its long-standing goal to become a purely industrial real estate industrial trust with the sale of its stake in 16 properties in Quebec.
IMCO manages almost 10% return despite property dragging down results
Public-sector investor reduces exposure to office, retail as focus shifts to multifamily, life science assets
The Investment Management Corporation of Ontario, the manager of billions of dollars in real estate assets, produced an overall return of nearly 10% last year but said its property...
Apartment rents climb across country for first time in months, but economy could hurt market
Average asking rent for residential properties increases 1.5%, new report says
Apartment rents climbed across the country for the first time in six months, but they still remain lower than they were a year ago as the market works to rebound.
Tariffs hit sales of condominiums, single-family houses in Canada
Buyers wait on sidelines to see trade dispute play out, Royal Bank of Canada says
A trade dispute with the United States over tariffs is having a chilling effect on the sale of condominium apartments and houses in Canada, according to a report from one of the co...
Canada ICI Capital appoints new C-level officer to help drive growth
Real estate finance firm taps Margaret Paproski as chief operating officer
Canada ICI Capital Corp. appointed a new chief operating officer as the commercial real estate finance firm works to grow its presence in the country.
Trade war curbs Canadians' desire to travel to US
Flight bookings, border crossings and short-term rentals drop as countries face off over tariffs
The U.S.-Canada tariff dispute has led to fewer Canadians making trips south of the border.
Tariffs expected to create headwinds for Canadian commercial real estate industry
Colliers report focuses on ways intensifying trade war with US could hit property sector
The tariffs implemented by the United States on Canada and the countries' intensifying trade war are creating "an unprecedented conflict" that could affect the commercial real esta...
Canada's largest apartment REIT continues to shed European properties
Canadian Apartment Properties entities agree to sell Dutch apartments for $560 million
A European entity controlled by Canada's largest apartment REIT says it will sell 1,446 residential suites in the Netherlands and also plans to unload even more properties.