Canada

Alberta’s construction market is expected to lean increasingly on non-residential development over the next decade as housing activity cools from its current highs. BuildForce Canada’s 2026-2035 outlook projects non-residential construction investment will rise through most of the forecast period, driven by commercial and institutional buildings as well as major engineering projects. “Alberta’s construction outlook continues …

Jollibee has signed its first multi-unit franchise agreement in British Columbia, setting the stage for 16 new restaurants across the province over the next five years. The agreement gives the Filipino quick-service restaurant chain a real estate pipeline in a market where it lists four locations. Jollibee operates in downtown Vancouver, at 833 Granville St.; …

Doka Canada has signed a 10-year lease for a major industrial property on Annacis Island in Delta, B.C., doubling the construction supplier’s Metro Vancouver footprint. The company will occupy Grosvenor’s property at 830 Carlisle Rd., a roughly 15.3-acre site containing approximately 167,000 square feet of warehouse and office space. The property was previously occupied by …

Jollibee has signed its first multi-unit franchise agreement in British Columbia, setting the stage for 16 new restaurants across the province over the next five years. The agreement gives the Filipino quick-service restaurant chain a real estate pipeline in a market where it lists four locations. Jollibee operates in downtown Vancouver, at 833 Granville St.; …

True North Commercial REIT outperformed Canada’s office market in the second quarter, although results varied by region. Core occupancy reached 96 per cent, while same-property net operating income, excluding held-for-sale assets, increased 7.1 per cent. “The REIT delivered strong same property NOI growth during the quarter, supported by robust leasing activity and high occupancy across …

Primaris REIT is moving ahead with a $19-million redevelopment of the former Hudson’s Bay store at Galeries de la Capitale in Quebec City, part of a plan announced Thursday to convert the vacant anchor space into a new multi-tenant retail and restaurant wing. The project will bring several new tenants to the former department store, …

Toronto-based Invesque has sold two seniors-housing properties in Pennsylvania for US$39.8 million as it continues to reduce its North American real estate portfolio. The company said the properties were sold Aug. 10 but did not identify the assets, buyer or individual sale prices. The transaction was disclosed Wednesday as part of Invesque’s second-quarter financial results. …

H&R has signed a transaction valued at approximately $6.7 billion, including assumed debt, that will divide one of Canada’s largest real estate investment trusts among several major property investors. GO Residential and a purchasing consortium that includes Blackstone, Crestpoint Real Estate Investments, PSP Investments and a company controlled by the family of H&R CEO Tom …

Amazon is developing a $200-million operations hub in Dartmouth that would become its largest fulfilment centre east of Ontario. The proposed two-storey building would have a footprint of more than 1.2 million square feet on approximately 82 acres in Burnside Industrial Park. Amazon bought the property for $25.2 million in 2026 and will own the …

Fredericton-based Plaza Retail, one of the Maritimes’ most prominent shopping-centre owners, said Thursday that additional parties have expressed interest in a potential transaction, prompting the trust to broaden its strategic review. The review could result in a sale of Plaza, a merger or other business combination, or the sale of some or all of its …

Ontario is proposing a new electricity framework for data centres that would require large projects to pay more for power, adding another layer of scrutiny to an asset class already facing tighter municipal controls across the province. Under the proposed Data Centre Playbook, new facilities larger than one megawatt would pay a higher rate than …

Automotive Properties REIT has agreed to sell a 50 per cent interest in a Vaughan, Ont., automotive dealership to Dilawri Group for $16 million while retaining ownership of the other half. The 68,874-square-foot property sits on 2.98 acres at 9088 Jane St., near Vaughan Mills mall. The transaction implies a $32-million value for the entire …

Primaris REIT is moving ahead with a $19-million redevelopment of the former Hudson’s Bay store at Galeries de la Capitale in Quebec City, part of a plan announced Thursday to convert the vacant anchor space into a new multi-tenant retail and restaurant wing. The project will bring several new tenants to the former department store, …

One of Montreal’s best-known shopping centres has changed hands, putting renewed attention on the future of Centre Rockland in the Town of Mount Royal. The mall, at 2305 Rockland Rd., has long been a retail landmark serving affluent nearby neighbourhoods. It faces a changing competitive landscape, including the arrival of Royalmount, the luxury-oriented shopping and …

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, …