Prospects are promising for REITs in 2025 according to a new global report from Hazelview Investments. For Canadian investors, the seniors housing market looks to be one of the brightest spots. “We ...
The downtown Toronto office market has just experienced its first decline in office availability in five years, according to JLL’s Q4 2024 Toronto Office Insight report. It cites “aggressive ...
One year after submitting its development permit application to the City of Port Moody in Greater Vancouver, Wesgroup Properties is launching sales for its first condo tower, 1 Market Square, at the ...
Montreal’s commercial real estate market improved in 2024. While the momentum is expected to continue this year, much uncertainty exists about the future for interest rates, Canada's federal election, ...
The shadow inventory of condominiums rented out by owners in the Toronto census metropolitan area rose by almost 24,700 units year-over-year, to 207,925 as of October 2024. That data was tracked by ...
One of the most prolific builders of homes in B.C.’s Lower Mainland says buyers won’t be able to sit on the sidelines forever and the company is expecting stronger purchasing activity through 2025. It ...
Société immobilière Bélanger has made its biggest ever acquisition, investing $143 million to acquire 1,057 multifamily units in 39 buildings from Logisco in the Quebec City region. The transaction ...
The Spencer Building Carrier Hotel in Vancouver’s downtown Harbour Centre Complex is expanding its data centre by an additional five megawatts, more than doubling the capacity of the facility. The ...
Appelt Properties and Centurion Asset Management have sold their 112,000-square-foot Royal Court Medical Centre outpatient complex in Barrie, Ont. four years after acquiring the site and embarking on ...
Multifamily housing in smaller communities is an excellent buying opportunity which should continue to grow in value, says the CEO of Pier 4 REIT. His trust has been busily acquiring several of these ...
Nicola Wealth Management plans to move its Vancouver headquarters into the 39-storey 1477 West Broadway mixed-use highrise under construction by PCI Developments in downtown Vancouver. Nicola Wealth ...
As the first Canadian chair of the Commercial Real Estate Development Association (NAIOP), Alexander Thomson expects his No. 1 job will be emphasizing to the association's 54 chapters and 21,000 ...