Canderel to manage La Caisse's Quebec office properties
Private developer to oversee operations at Place Ville Marie, other landmark buildings
La Caisse has formed a new partnership with Canderel to manage operations at La Caisse's Quebec office properties while it retains ownership of the buildings.
Toronto’s Litho Apartments sells for $152 million despite cooling multifamily market
RioCan, Woodbourne sell mid-rise complex to Salim Manji's Barney River
Salim Manji's Barney River Investments has acquired Litho Apartments in Toronto for $152.4 million, making it one of the largest residential real estate transactions in the city th...
Investor buys Home Depot distribution hub near Edmonton
Upfield Capital purchases industrial building in Acheson, Alberta, from Qualico
Vancouver-based Upfield Capital Management has made its entry into Alberta with the purchase of a fully leased Home Depot distribution facility in Acheson, near Edmonton, from loca...
Federal government ends coworking deal with startup
The flexible space manager said the cancelled contract was valued at $13.8 million
The federal government ended a $13.8 million contract with coworking startup LAUFT just months after the company opened its first site in Gatineau.
Calgary office tower falls into receivership again
Court gives restructuring firm MNP custody of Stephen Avenue Place
Timbercreek Financial Corp. has moved to place Stephen Avenue Place, a 40-storey office tower in downtown Calgary, under receivership for the second time in two years.
Choice Properties sheds retail space near Edmonton
REIT slowly shifting focus to industrial, residential properties
Choice Properties Real Estate Investment Trust says it sold a five-property retail portfolio in Spruce Grove, Alberta, as Canada’s largest publicly traded real estate investment tr...
Crestpoint pays nearly $40 million for Mississauga flex portfolio
Pure Industrial sells small-bay properties near downtown Toronto
Pure Industrial, a Toronto-based a real estate developer owned by Blackstone and Quebec public pension fund La Caisse, sold a two-property industrial portfolio in Mississauga, Onta...
Cost of housing out of reach for many young Canadians
Buying in Vancouver, Toronto, Montreal needs decades of savings, study says
Canadians aspiring to buy a first house or condominium could be forced to wait until they reach middle-age, especially in Vancouver, where the average buyer must save for over two ...
Quebec City solidifies position as leader in housing price growth
Municipality again posts highest year-over-year price gain among country's major regions
Led by condominiums often rented as apartments, Quebec has transformed into the engine of Canada’s residential real estate industry as tight inventory and strong rental demand push...
REIT rolls into Dorval with $52 million triple play
Automotive Properties buys trio of dealerships in busy Montreal suburb.
Automotive Properties Real Estate Investment Trust says it's extended its portfolio acquisition strategy of focusing on real estate near important markets with the acquisition of a...
Country's biggest retirement home firm strikes deal to buy three complexes in Quebec
Chartwell grows in Canada's second-biggest province, kicks off new development in Alberta
Chartwell Retirement Residences, Canada’s largest retirement home chain, said it struck deals to buy three complexes in Quebec for a total of more than $315 million and broke groun...
BMO to shift US branch network to West Coast from Great Plains
Bank of Montreal subsidiary to sell 138 retail locations to First Citizens Bank
BMO Financial Group has agreed to sell 138 branches in the United States, mostly across the Great Plains, to First Citizens Bank in a move BMO says will allow it to free up capital...
Nation risks disturbing social peace if more housing isn't built, developer says
Country must choose between construction and chaos, Mach Group's Vincent Chiara tells Ottawa panel
Real estate developers can play a crucial role in helping solve the growing issue of homelessness, a major Canadian developer said.
Northcrest's massive Toronto airport conversion charts course for future
Michael Van Valkenburgh Associates wins contest to create design guidelines for The Runway at YZD
Toronto’s former Downsview Airport runway is preparing to head to its next phase as Northcrest Developments has named Michael Van Valkenburgh Associates to lead the design guidelin...
KingSett snaps up micro-bay industrial portfolio in Toronto
Amexon sells 85 small warehouse and service spaces for $37.1 million
KingSett Capital has acquired a portfolio of micro-bay warehouses, properties with manufacturing, service and retail tenants in Toronto’s Emery neighbourhood, a transit-connected z...
Montreal's older warehouses disappearing at rapid pace to make way for apartments, other uses
Over 8 million square feet of industrial property demolished since 2010, report says
Montrealers have long grieved the loss of its historic buildings, but few have paid attention to the quiet disappearance of the city’s warehouses. Across the island, large swathes ...
Number of climbing gyms rising quickly in Quebec
Le Crux to build facility dedicated to sport in Saint-Jérôme, north of Montreal
Indoor climbing gyms are on an upward trajectory in Quebec, where the total number of facilities has increased to about 40 from a handful since 2000.
Investor sees bargains in Calgary office market
Deals can be found when pension funds shed properties that don't align with its ESG policies, R2 Capital CEO says
Brock Rogerson, who is showing his faith in the Calgary office market with his recent investments there, said he's shopping for more.
Developer seeks green light for 69-floor residential high-rise in Toronto
Elysium Investments proposes building apartment tower with 660 units
Elysium Investments is seeking permission from the city of Toronto for a 69-floor downtown rental tower that would be one of the tallest residential structures in Canada, adding hu...
Good Earth Coffeehouse looks for real estate growth as a result of Starbucks closings
Canadian chain brews plan to lease some of US coffee giant's shuttered outlets
Good Earth Coffeehouse is brewing a plan to take over retail spaces left vacant by the Seattle-based Starbucks, the chain that said last month it would close roughly 400 stores in ...