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Developers Reveal Preliminary Plans for Montreal’s Former Molson Brewery Site
First Phase of Historic Mixed-Use Project Set To Start This Summer
Construction of the initial phase of a 6 million-square-foot, mixed-use project on the site of the former Molson Brewery in downtown Montreal is set to begin this summer.
Downtown Montreal Faces Uncertain Future As Office Vacancy Reaches All-Time High
Quebec Lifted Its Remote Work Order Last Week, but Hybrid Work Models Are Likely Here To Stay
It’s no secret that the past couple of years have been tough for the Montreal office sector, and with office vacancies hitting an all-time high in the fourth quarter, many decision...
Real Estate Executives Discuss Bias in the Industry for International Women’s Day
Six Female Industry Leaders Spoke to CoStar News About Workplace Challenges
Marie-France Benoit, director of insights for Canada at Avison Young, recalls that when she started her career 30 years ago, there were very few women in commercial real estate, es...
Done Deal: Investors Divide Up Properties as Part of Quebec’s Largest REIT Takeover
Cominar REIT Deal Closes As Group Mach, Blackstone and Canderel Add to Holdings
Now that the takeover of Quebec’s largest-ever real estate investment trust has officially closed, the buyers are sorting through the carve-up of what is believed to be the largest...
Quebec’s Treasured Sugar Shacks Face a Sticky Future
Family-Owned Retail Outlets Close Even As Maple Syrup Sales Rise
In many ways, the maple syrup business has never been better in Quebec.
Marriott International’s First Laval Hotel To Open in City’s Largest-Ever Mixed-Use Project
Courtyard by Marriott Hotel Set To Open Next Fall in Tower III of Espace Montmorency
The world’s largest hotel chain is opening its first hotel in the off-island Montreal suburb of Laval, Quebec’s third-largest city. The 113,000-square-foot hotel will be part of Es...
Parkit Closes Deal To Buy Quebec, Ontario Industrial Properties
Purchase Marks Parkit's Entrance Into Quebec Industrial Market
After announcing its pending acquisition of two industrial properties in Quebec and Ontario earlier this year, Vancouver-based Parkit Enterprise has completed the purchase for $17 ...
Ivanhoé Cambridge, Lendlease Double Down on US Life Science Venture
Initial Multimillion-Dollar Investment To Target Cities With Fast-Growing Life Science Sectors
Montreal-based Ivanhoé Cambridge and Sydney-based Lendlease plan to invest an initial 500 million U.S. dollars, roughly 638 million Canadian dollars, to build life science hubs in ...
Cadillac Fairview Executives ‘Dismayed’ As City of Pointe-Claire Adopts Temporary Development Freeze
The Freeze Halts Real Estate Company’s Plans for Massive Mixed-Use Development
Cadillac Fairview, one of Canada’s largest real estate landlords and the owner of the CF Fairview Pointe-Claire mall, said it is “dismayed” after a temporary development freeze was...
Here's What To Expect From Quebec’s Office Sector This Year
Pandemic Is Seen Accelerating Existing Market Changes Rather Than Creating New Shifts
While Quebec’s latest work-from-home mandate for all nonessential workers adds to uncertainties about the future of Montreal’s office sector, one urban planner said it’s important ...
Canada's Exports to US Fall As Trucking Industry Faces Challenges
Canada's Annual Global Export and Import Values Reached Record Highs in 2021
Canada's exports to the United States ended the year slightly down from the previous month while goods the country was importing from across the border ticked up.
Montreal’s Canadian Net REIT Buys Retail Property in Verchères, Québec
The 29,904-Square-Foot Retail Property Is Fully Leased
Canadian Net REIT, an open-ended real estate investment trust based in the Montreal borough of Pointe Claire, bought a 29,904-square-foot retail property situated at 617 Rue Duvern...
Centurion Apartment REIT Now Sole Player in Quebec’s Largest Ever Multifamily Deal
Centurion To Buy Remaining Stake in 30-Property Portfolio
Centurion Asset Management made a splash last quarter when it announced it was buying a two-thirds stake in a 30-property multifamily portfolio in Montreal in the largest single mu...
Montreal Tech Company Expands Regional Operations With New Latin America Office
Equisoft Also Recently Added Its First European Location
Montreal-based Equisoft, a technology firm with software used by insurance and finance companies, is opening its second office in Latin America as it expands its regional operation...
Canadian Venture Capital Fund Dedicated to Black-Led Businesses Opens First Quebec Office
BKR Capital To Receive $4.5 Million From One of Canada’s Largest Pension Funds
Toronto-based BKR Capital, the first Canadian venture capital fund dedicated to Black-led businesses, said it's opening its first Quebec office in Montreal.
Snack Food Maker Leclerc Snaps Up Brockville's Former Procter & Gamble Plant
Maker of Celebration Cookies Investing $100 Million in What Will Be Its Largest Production Facility
Quebec City-based Leclerc Foods, the company behind Celebration cookies, is expanding its North American operations with the purchase of a former Procter & Gamble factory in Brockv...
One of the Oldest Buildings in Montreal’s Chinatown Is Now a Protected Heritage Site
Building Houses Wing Noodles, Quebec's Largest Oriental Noodle and Cookie Maker
At the heart of Montreal’s Chinatown, one of North America's oldest Asian communities, a structure known as the Wing Building at 1009 Côté St. has stood for nearly two centuries. I...
New Owner of Montreal Property Forms Partnership That Aims To Make Women Renters Feel Safe
Forum Equity's Impact Fund Teams Up With Ryna Living on Residential Property in City's Latin Quarter
Toronto-based investor Forum Equity Partners is teaming up with Ryna Living, a coliving and apartment rental platform that aims to make renting easier and safer for women, on a pro...
New Brunswick-Based REIT Buys Interests in Three Retail Properties in Ontario and Quebec
Two of Plaza Retail REIT’s New Properties Are Situated in Quebec, One in Ontario
New Brunswick-based Plaza Retail REIT has acquired interests in three retail properties in Ontario and Quebec, reflecting demand for convenience stores that have been less disrupte...
Big-Box Retailers in Quebec Expect Added Strain From New Vaccine Passport Requirement
Expanded Vaccine Passport Requirement to Take Effect on Jan. 24
Big-box retail businesses such as Costco and Walmart will face another hurdle next week when vaccine passports will be required for most shoppers in a move that could add to the st...