Array CIB, Dream Industrial REIT Finalize $50M Retrofits Loan Canada + Industrial | June 20, 2025 People & Companies News for Week Ending June 30, 2025 Canada + Cross Border News + Finance | June 19, 2025 Hudson’s Bay Company Landlords Oppose Most of Liu’s Proposed Lease Purchases Canada + Ontario + Pacific Canada + Retail | June 20, 2025 FEATURED STORY Live Interest RatesNewsletter Subscribe Canada CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. More Canada Stories More Stories Connect CRE Canada & Industry Events Connect Investment: Public & Private Capital 2025 Location: Vancouver, BC Date: November 6, 2025 More Events Companies achieve great success when aligned around a common goal and brand story. The experts integrated into our team at Connect Creative span every marketing and communications discipline and channel, encompassing skilled graphic designers, public relations leaders, copy writers, content producers, digital wizards, and website developers. A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way. Connect with Creative Latest Alberta & Prairies Stories Calgary’s First Downtown Office-to-Hotel Conversion Project Opens Alberta & Prairies + Hospitality | June 20, 2025 Calgary’s first downtown office-to-hotel conversion project has officially opened. The Element by Westin Calgary was developed by the PBA Group of Companies. PBA still owns the property, while Westin manages it under a licensing agreement. The new hotel opened in time for the upcoming Calgary Stampede. Located along Fourth Avenue S.W., the building formerly served … GWLRA Assumes Telus Sky Management, Leasing Responsibilities Alberta & Prairies + Office | June 19, 2025 GWL Realty Advisors has been awarded the property management and leasing mandate for the massive Telus Sky mixed-use office tower in downtown Calgary. “We are incredibly excited to be collaborating with Telus on this project,” said Andrew Baird, GWLRA’s vice-president of leasing. “We look forward to working on such an iconic building in the Calgary … Latest National Stories Hudson’s Bay Company Landlords Oppose Most of Liu’s Proposed Lease Purchases Canada + Ontario + Pacific Canada + Retail | June 20, 2025 Hudson’s Bay Company landlords oppose the vast majority of B.C. billionaire mall owner Ruby Liu’s proposed lease acquisitions, new court filings show. The landlords do not support Liu’s plan to acquire 23 leases of former Bay store spaces in malls located in B.C., Alberta and Ontario. She is seeking to acquire 28 leases altogether, including … CIB, Dream Industrial REIT Finalize $50M Retrofits Loan Canada + Industrial | June 20, 2025 The Canada Infrastructure Bank and Dream Industrial REIT have finalized a $50-million loan to fund commercial property retrofits in Alberta, Quebec and Ontario. The loans will cover 34 warehouses in the three provinces. The building upgrades will include solar photovoltaics; mechanical, electrical and air-handling systems; and building envelopes. “The projects are expected to generate 630 … Connect TeamDaniel CenicerosCEOPaul BubnySenior Content DirectorJohn HalloranVice President of Creative & MarketingView AllOur ValuesWe understand that we have different backgrounds, ethnicities, experiences, and geographies, and these differences are what make us unique and bring a variety of perspectives that will shine through.Partage minoritaireRépartition entre les sexesLearn More Latest Cross Border News Stories B.C. To Get its First IKEA Plan and Order Store Pacific Canada + Cross Border News + Retail | June 20, 2025 IKEA plans to open a new plan-and-order location in Abbotsford, B.C., this fall. It will be the Swedish furniture retailer’s first plan-and-order store in B.C. IKEA’s plan-and-order points offer customers one-on-one planning services with IKEA experts to design and purchase home furnishings that range from kitchen renovations to bedroom storage systems. Customers have the option of … Ontario Teachers’ Sells Stakes in Three U.K. Airports to Macquarie Cross Border News + Ontario + Industrial | June 20, 2025 The Ontario Teachers’ Pension Plan has agreed to sell its stakes in three U.K. airports to Macquarie Asset Management for an undisclosed price. Australia-based Macquarie is slated to acquire a 55% stake in Bristol Airport, along with 26.5% and 25% ownership interests in the Birmingham and London City airports, respectively. Each airport offers unique propositions … Latest Maritimes Stories EBlock Set to Open New Auto Auction Facility in Halifax Maritimes + Industrial | June 18, 2025 EBlock will open a new automobile-auction facility in Halifax in July, the company announced. The new 6.5-acre facility can hold up to 600 vehicles and underscores the company’s “Canada-first” strategy and its vision of blending traditional auction methods with digital technologies, said EBlock. The location is designed to further EBlock’s omnichannel approach, including online, live-auctioneer … Halifax Downtown Plan Includes Long-awaited Stadium Option Maritimes + Hospitality | June 13, 2025 A new municipal plan outlines how a permanent soccer stadium could fit into downtown Halifax — but not without significant compromises for other groups already using the site. Halifax municipal staff presented a functional plan for the Wanderers Block to the city’s community planning and economic development committee recently. The land, which is largely municipally … Latest Ontario Stories Hudson’s Bay Company Landlords Oppose Most of Liu’s Proposed Lease Purchases Canada + Ontario + Pacific Canada + Retail | June 20, 2025 Hudson’s Bay Company landlords oppose the vast majority of B.C. billionaire mall owner Ruby Liu’s proposed lease acquisitions, new court filings show. The landlords do not support Liu’s plan to acquire 23 leases of former Bay store spaces in malls located in B.C., Alberta and Ontario. She is seeking to acquire 28 leases altogether, including … Ontario Teachers’ Sells Stakes in Three U.K. Airports to Macquarie Cross Border News + Ontario + Industrial | June 20, 2025 The Ontario Teachers’ Pension Plan has agreed to sell its stakes in three U.K. airports to Macquarie Asset Management for an undisclosed price. Australia-based Macquarie is slated to acquire a 55% stake in Bristol Airport, along with 26.5% and 25% ownership interests in the Birmingham and London City airports, respectively. Each airport offers unique propositions … Latest Pacific Canada Stories B.C. To Get its First IKEA Plan and Order Store Pacific Canada + Cross Border News + Retail | June 20, 2025 IKEA plans to open a new plan-and-order location in Abbotsford, B.C., this fall. It will be the Swedish furniture retailer’s first plan-and-order store in B.C. IKEA’s plan-and-order points offer customers one-on-one planning services with IKEA experts to design and purchase home furnishings that range from kitchen renovations to bedroom storage systems. Customers have the option of … Hudson’s Bay Company Landlords Oppose Most of Liu’s Proposed Lease Purchases Canada + Ontario + Pacific Canada + Retail | June 20, 2025 Hudson’s Bay Company landlords oppose the vast majority of B.C. billionaire mall owner Ruby Liu’s proposed lease acquisitions, new court filings show. The landlords do not support Liu’s plan to acquire 23 leases of former Bay store spaces in malls located in B.C., Alberta and Ontario. She is seeking to acquire 28 leases altogether, including … Latest Quebec Stories Caisse Phasing Out Ivanhoé Cambridge and Otéra Capital Brands Quebec + Finance | June 20, 2025 The Caisse de dépôt et placement du Québec is dropping the Ivanhoé Cambridge and Otéra Capital brands. The pension-fund manager also announced that it is now operating under the name La Caisse. The move stems from the Caisse’s restructuring effort designed to save $100 million. Ivanhoé Cambridge and Otéra Capital previously operated as separate companies. But … Groupe HD, Kastello, CPD Launch Montreal MF Mixed-Use Project Quebec + Apartments | June 19, 2025 Groupe HD, Kastello Immobilier and CPD have launched a $150-million multi-family mixed-use redevelopment project in the Saint-Michel neighbourhood in Montreal. The project will comprise a six-storey residential complex with 380 rental units and about 20,000 square feet of commercial space. The investment is part of the ongoing revitalization of the Saint-Michel area. “By harnessing the …
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