Canada

RFA Financial has sold, or agreed to sell, 34 properties with a combined value of $535.7 million since February 1, said the company in an activity update. That date coincides with the completion of the merger between RFA Capital Holdings and now-defunct Artis REIT through a reverse takeover comprising a take-private transaction. The merged company …

Shindico has begun preleasing the retail component of its Peguis Promenade mixed-use development in East Winnipeg., with the project scheduled to welcome tenants in spring 2027. The company said the first two tenants have been secured, with Pür & Simple and Arby’s slated to open at the project in 2027. Peguis Promenade is planned as …

The federal and British Columbia governments have announced a new partnership that will invest up to $3.2 billion over 10 years to reduce development-cost charges for multi-unit housing projects by as much as 50% and expand housing-enabling infrastructure across the province. The funding includes nearly $1.6 billion from Ottawa through the Build Communities Strong Fund, …

Bell Canada, Cohere, Hypertec and Buzz High Performance Computing (HPC) have entered into a major AI infrastructure agreement centred on Bell’s Merritt, B.C., data centre. The agreement is aimed at supporting advanced AI workloads on sovereign Canadian infrastructure. The partnership will combine Bell AI Fabric’s data-centre and connectivity services, Cohere’s enterprise AI models and solutions, …

Leyad has acquired The Bay Centre retail and mixed-use property in downtown Victoria, B.C. from Manulife. The property’s name is derived from its former anchor tenant, the Hudson’s Bay Company, which closed all of its stores in 2025. The transaction involves one of Victoria’s most prominent commercial properties, occupying an entire block in the city’s …

Toys R Us Canada has reached an agreement to sell 10 store leases an Ontario-based numbered company owned by the chain’s current owner Doug Putman. The proposed agreement also covers inventory, equipment, logistics contracts and bank accounts marketed as part of a broader asset-sale process undertaken while the retailer remains under creditor protection. The pending …

Toys R Us Canada has reached an agreement to sell 10 store leases an Ontario-based numbered company owned by the chain’s current owner Doug Putman. The proposed agreement also covers inventory, equipment, logistics contracts and bank accounts marketed as part of a broader asset-sale process undertaken while the retailer remains under creditor protection. The pending …

The massive CIBC Square office complex in downtown Toronto is now complete, following the construction of the second 50-storey second tower in the two-building campus spanning the Union Station rail corridor. Architecture firm WilkinsonEyre, working with architect of record Adamson Associates for developers La Caisse and Hines, announced the completion of the second phase of …

Americold Realty Trust has opened its new cold-storage import-export hub in Saint John, N.B. The project at Port St. John was previously valued between $75 million and $80 million and marks Atlanta-based Americold’s expansion into Canada. Americold is leverage existing partnerships with logistics giant DP World, which operates the port, and Calgary-based railway operator Canadian …

Leon’s Furniture Limited has agreed to acquire the remaining 50% interest in its Edmonton distribution centre, which also serves as The Brick’s corporate headquarters, giving the company full ownership of the facility. Under the agreement, Leon’s will purchase the outstanding interest in the property from North 170 DC LTD, a subsidiary of Qualico Properties, for …

The massive CIBC Square office complex in downtown Toronto is now complete, following the construction of the second 50-storey second tower in the two-building campus spanning the Union Station rail corridor. Architecture firm WilkinsonEyre, working with architect of record Adamson Associates for developers La Caisse and Hines, announced the completion of the second phase of …

City councillors in the Toronto suburb of Vaughan, Ont., have approved the master plan for a massive mixed-use development project. Toromomont Industries plans to develop 17 towers on the 27-acre site located at the southwest corner of Highway 7 and Jane Street The company aims to transform Vaughan’s city centre with towering skyscrapers, parkland, and …

Laurier Capital and Kevlar Real Estate will merge their operations into a fully integrated commercial real estate platform, the companies announced. The merger is slated to take effect January 1, 2027. The firms said the agreement will combine Kevlar’s development expertise with Laurier’s investment and capital-markets capabilities. As part of the transaction, Kevlar will be …

The entire real estate portfolio of the financially troubled Groupe Finstar will be put up for sale through a court-supervised process aimed at maximizing recoveries for creditors, a court document shows. The decision was approved by Quebec Superior Court Justice Luc Morin, who sided with a proposal from receiver Raymond Chabot Grant Thornton to sell …

Wesbild has halted a planned six-tower, 2,000-unit multi-residential development in Port Coquitlama, B.C. The master-planned project, known as PoCoPlace, was slated for the corner of Lougheed Highway and Westwood Street and would have included significant retail space and amenities. Phase 1 had been slated to include a 37-storey rental tower and a 35-storey condominium tower, …