Fiera buys trio of residential high-rises in Calgary's Quarry Park
Remington sells 333 apartments in area that once housed gravel pit
Many longtime Calgarians remember when the Quarry Park neighbourhood was a sprawling hole long used as a gravel pit.
Property investors in tax limbo with Trudeau resignation
Capital gains rates rose in June, but legislation to codify law likely to die
Canadian real estate investors find themselves in the same predicament as the rest of the country as changes in capital gains tax rules remain in limbo with Parliament no longer in...
RXR buys 49% stake in Manhattan tower that houses Rupert Murdoch’s News Corp.
Investor, majority owner Ivanhoé Cambridge plan US$300 million-plus overhaul
Developer RXR Realty has bought a 49% stake in a high-profile Manhattan office tower that houses media mogul Rupert Murdoch’s Fox Corp. and News Corp., adding to its portfolio of p...
KingSett makes $59 million investment in Montreal warehouses
As part of deal, partner CanDev Construction acquired undisclosed interest in KingSett's new properties
KingSett Capital has snapped up a set of warehouses in the Montreal suburb of Saint Leonard after striking a deal to buy the properties from Petra Group.
Montreal developer aims to expand power centre it just bought in Kingston
Probability of United Properties adding new space at Kingston Power Center is 100%, Maxwell Rubin says.
Maxwell Rubin aims to crank up the energy at a power centre his company recently purchased in Kingston, Ontario, as his United Properties of Canada aims to build more stores on the...
Boardwalk to sell trio of Edmonton residential complexes in sign of rising rents
Undisclosed buyer to pay average price of $205,000 per unit for 390-apartment portfolio
Boardwalk REIT has agreed to sell three of its apartment complexes in Edmonton in a move that comes as Western Canada's largest residential real estate investment trust says rents...
Canada's largest public pension fund to score US$2.2 billion haul from sale of logistics properties
CPPIB parts with 45% stake in Goodman North American Partnership
Canada's largest pension plan expects to get a windfall from the sale of its investment in a North American logistics partnership it has with Australia's Goodman Group, a sign of t...
Trudeau resignation comes as government deals with housing affordability, commercial property concerns
Some of prime minister's policies have affected large real estate firms
Canadian Prime Minister Justin Trudeau's decision to step down after almost a decade in power comes as leaders in his government tackle housing affordability issues and executives ...
TPG completes purchase of CAPREIT's manufactured housing portfolio
US firm now owns 75 mobile home communities across eight Canadian provinces
Thousands of Canadian tenants in manufactured homes will pay a new landlord now that a massive real estate deal involving 12,138 lots for such houses is complete.
Despite slowdown, slew of major Canada office deals closed in past year
Vancouver purchase is largest transaction in country so far for the past 12 months
Although office sales volume slipped this past year in Canada, several major deals did close. Here's CoStar News' list of the top office transactions in 2024, ranked by overall pri...
Slate Office REIT rebrands, appoints new CEO
Real estate investment trust renames itself Ravelin Properties REIT
Slate Office REIT is set to get a new chief executive and name.
University Health Network buys Toronto office building, plans new cancer center
The $79.25 million deal ranks among Canada’ s largest this year
The University Health Network plans to use a 15-floor office tower at University Avenue and Elm Street near its Toronto General Hospital as a cancer care, research and education fa...
Tire giant Michelin buys massive warehouse in Eastern Ontario
French firm pays $246 million for new industrial property
Michelin has wheeled into a giant warehouse in Eastern Ontario that real estate developer Broccolini spent more than a year building for the tire manufacturer.
This New York mall symbolized cross-border aspirations. Its proposed demolition reflects retail reality.
Officials in Champlain seek investors to remove structure built by Montreal billionaire couple in 1993
A three-phase plan for a shopping mall built to lure Canadians to Champlain, New York, is ready for its next stage, with a search for about $2.25 million. But town officials wouldn...
Montreal to purchase 31 buildings for affordable housing
City plans to pay CAPREIT $104 million for 717 apartments in Côte-des-Neiges
A Canadian real estate investment trust plans to sell 717 apartments across 31 buildings to the city of Montreal in a deal that would help the government provide more subsidized ho...
Apartment rent growth slows, vacancy rate rises across most of country
Catalysts include reduced immigration, higher joblessness among younger Canadians
Rent growth is starting to slow and vacancy rates rise in Canada's apartment market in response to reductions in immigration and an increase in the unemployment rate, according to ...
Montreal's Leyad heads to Manhattan for investment opportunity
Firm teams with Capstone to buy Ink 48 hotel in largest US commercial property market
Montreal investment firm Leyad has purchased a stake in New York City's Ink 48 hotel, wrapping up the year with a deal in the largest U.S. commercial property market.
Quebec moves toward permanent ban of selling some farmland to investors
Law would bar nonfarmers from acquiring agriculture properties in urban cores
The Quebec government is moving toward permanently banning various types of agricultural land deals in a bid to prevent real estate developers from transforming farmlands into comm...
Pension giant in Quebec increases investment in US real estate firm TerraPact
CDPQ to financially support growth of right-of-way lease specialist
The CDPQ pension fund is investing $335 million, or 235 million U.S. dollars, in TerraPact, a company that controls over 700 real estate assets in the United States and British Col...
Canadian home sales up 18.4% since interest rate cuts began
Lower borrowing costs, higher inventory levels spark 'long-awaited rebound,' says real estate association
Home sales in Canada have leaped by 18.4% since the Bank of Canada first started cutting interest rates, real estate professionals say, with the prospect of lower borrowing costs c...