Results for: Equiton has opened a new office in Dallas as the firm prepares to expand into U.S. multi-family real estate. A company spokesman told Connect that Equiton is in the final stages of launching a U.S. apartment fund, with an open-ended structure aimed at Canadian investors. The forthcoming fund is similar in design to Equiton’s flagship …
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H&R confirmed Friday it has held preliminary discussions with affiliates of global private-equity giant Blackstone regarding the potential sale of certain REIT assets. The disclosure follows a request from the Canadian Investment Regulatory Organization related to recent trading activity in H&R units and media reports concerning the REIT. The regulator temporarily halted trading of the …
(This guest column by Wendy Waters, a widely followed research specialist, provides insights on young professionals’ rental–apartment preferences.) By Wendy Waters, Real Estate Research Specialist What will attract young professionals to a new rental-apartment building? The design process at leading apartment-development firms starts with this question. Many developers immediately plan for a lounge, rooftop deck, …
Pret A Manger will open its first Canadian airport location at Vancouver International Airport (YVR), marking the start of a broader expansion into major airports across the country. A&W Food Services of Canada Inc., which holds the exclusive Canadian rights to develop and operate the British fresh-food and organic coffee chain, announced that the first …
Siemens Canada has completed a year-long expansion and modernization project at its electrical-equipment manufacturing facility in Drummondville, Que., marked by the opening of a second location that significantly increases production capacity and operational flexibility. The project includes more than 40,000 square feet of new production space, expanded logistics capabilities and the integration of advanced digital …
Uniqlo will open five new Canadian stores in fall 2026, expanding its national footprint to 42 locations. The global Japanese apparel retailer announced new stores will open at St. Vital Centre in Winnipeg, Quartier DIX30 in Brossard, Que.; Tsawwassen Mills in Tsawwassen, B.C.; Hillcrest Mall in Richmond Hill, Ont.; and Conestoga Mall in Waterloo, Ont. …
BlueRock Therapeutics has signed a long-term lease for approximately 80,000 square feet at Catalyst, Seeker Labs’ purpose-built life sciences facility at 77 Wade Ave. in Toronto’s Junction neighbourhood. The lease makes BlueRock Therapeutics the anchor tenant at the 155,000-square-foot development and marks a significant milestone as the project nears completion. Developed by Seeker, Catalyst is …
Alberta is expected to lead Canada in economic growth in 2026, with real GDP projected to expand by 2.6% as higher oil prices and continued population growth support the province’s economy, according to a new outlook from ATB Financial. ATB’s latest Economic Outlook forecasts that Alberta’s economy will grow significantly faster than the national economy, …
New Royal Bank of Canada data suggests Canadians may still be interested in owning property in the U.S., compared to findings compiled in fall 2026, but confusion and cost concerns are now holding them back. Nearly three in 10 Canadians believe purchasing U.S. property is too complicated or too expensive (29%), while 27% say tax …
La Caisse has agreed to acquire Transurban’s remaining 50% interest in the A25 Concession for $280 million, increasing its ownership stake to 100% from 50% and becoming the sole owner of the Greater Montreal transportation asset. The transaction follows La Caisse’s initial investment in 2023, when it acquired a 50% stake in the concession from …
Footlab World, an AI-powered soccer training and entertainment franchise co-owned by Portuguese icon Cristiano Ronaldo, Rui Costa and technology company 7EGEND, will open its first Canadian location at White Oaks Mall in London, Ont. The 37,000-square-foot venue will be part of the redevelopment of the mall’s former Hudson’s Bay Company department-store space, alongside IKEA and …
Reliance Properties is seeking to convert a downtown Victoria, B.C., heritage office building into a compact hotel. The four-storey art-deco building, located at the corner of Blanshard Street and Fairfield Road, was built in 1949 and is currently used as office and studio space for artists. It once once housed the BC Power Commission, the …
The Bank of Canada left its key overnight lending rate unchanged at 2.25% again on Wednesday, indicating that officials are somewhat comfortable with the economy despite ongoing uncertainty and economic weakness. It marked the fifth straight rate hold, with the overnight rate remaining at 2.25% since October 29 after four cuts in 2025 aimed at …
CGC has officially opened a new $210-million wallboard manufacturing plant in Southern Alberta’s Wheatland County, expanding Canadian production capacity, strengthening supply for Western Canada and creating nearly 100 full-time jobs, along with an estimated 80 additional jobs tied to operations and related economic activity, said the company. The plant is located near Carseland, Alta., south …
Western Community College (WCC), Lark Group and ICT Group have broken ground on the first purpose-built on-campus student-housing development in Surrey, B.C. Known as City Centre 5, will stand 23 storeys and is located in Surrey’s Health and Technology District, being developed through a partnership between the three organizations. The residence will provide 810 student …
Bell Canada and Bird Construction have agreed to a long-term strategic partnership to support a multi-year, Canada-wide AI data-centre buildout under Bell AI Fabric. As part of the agreement, Bird will issue Bell warrants to purchase up to 2,625,000 Bird common shares at an exercise price of $52 per share, representing a potential total purchase …
Home values across the 16 cities selected to host matches during the 2026 FIFA World Cup have increased by an average of 44% since the tournament was awarded to the joint Canada-U.S.-Mexico bid in June 2018, according to an analysis by Enness Global. The study compared home-price growth in Toronto, Vancouver and other host cities …
Smart Investment has acquired McAllister Place mall in Saint John, N.B. from Primaris REIT for a reported price of $64 million. McAllister Place ranks among Atlantic Canada’s largest retail centres, spanning 79 acres. Smart Investment is headed by Tim Gu, and the firm also owns the reborn Mountain Equipment Company outdoor-gear store chain. “We are …
FMS Capital Trust has completed the acquisition of five self-storage facilities in Southern Ontario, adding approximately 200,000 square feet of net rentable area and more than 1,500 storage units to its growing portfolio. Financial terms were not disclosed. The properties are located in Grimsby, Niagara Falls, Keswick and Port Perry, and include a mix of …
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