Results for: SmartCentres plans to start or deliver roughly three shopping-centre projects annually as it directs more of its near-term growth toward retail and pushes back highrise development on about half a dozen properties. Chief executive Mitchell Goldhar said the annual pace is a reasonable planning estimate and could prove conservative. “I think that would be a …
Search Console
Construction has started on two connected rental developments on Danforth Avenue in Toronto that will combine market, affordable and rent-controlled housing with a permanent home for a French-language theatre company. The projects are located at 1095-1111 Danforth Ave. and neighbouring 1117 Danforth Ave. Earlier City of Toronto approvals identify a combined 380 apartments, although the …
BST Canada has acquired three Toronto apartment buildings containing 487 rental units in a transaction valued at approximately $143.8 million. The portfolio is made up of a 194-unit building at 775 Steeles Ave. W., a 164-unit building at 8 Godstone Rd. and a 129-unit building at 640 Lauder Ave. The Toronto-based investor said the highrise …
Construction is underway on The Robson, a new hotel rising on the site of the Mount Robson Inn, which was destroyed in the 2024 Jasper wildfire. Vantage Hotels unveiled the new name Aug. 4 and said the property is expected to welcome guests in 2027. The company describes The Robson as a mountain stay inspired …
Algonquin Power & Utilities announced it is moving its head office from Oakville to Chicago as the company focuses on its regulated U.S. utility operations. Algonquin’s Canadian office footprint is at 354 Davis Rd. Its move to Chicago raises questions about how much Oakville space it will retain and whether employees will relocate, although the …
Canadian imports of equipment used in data centres surged 88 per cent year over year in June, signalling that the country’s artificial intelligence boom is advancing from proposals to construction. Statistics Canada reported the figures Aug. 5. Imports of computers and computer peripherals reached a record in April, while the category was 24.7 per cent …
Imperial Equities has added a Wajax maintenance hub in Grande Prairie to its growing portfolio of industrial properties across Western Canada. The Edmonton-based company paid $10.95 million for the property at 11115 100th Ave. The transaction closed July 31. Wajax occupies the 40,411-square-foot industrial warehouse, which sits on 4.55 acres. The operation was formerly part …
Leyad appointed Juan Calixto Tria as senior vice-president of financial reporting and compliance and Alex Ratté as vice-president of construction. Tria joined Leyad from Agellan Commercial REIT, while Ratté previously held senior project-management positions at Cominar and First Capital REIT. Sienna Senior Living formed a 50-50 joint venture with Fiera Infrastructure to accelerate long-term-care redevelopment …
Canad Inns has placed three prominent downtown Winnipeg properties on the market, creating a rare opportunity to reposition a connected group of hotel, office and entertainment assets. The portfolio includes the 29-storey, 263-room Radisson Hotel Winnipeg Downtown at 288 Portage Ave., the neighbouring nine-storey Somerset Building at 294 Portage Ave. and the Metropolitan Entertainment Centre …
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 …
The anticipated sale of Fairmont Le Château Montebello to Westmont Hospitality is facing a late legal challenge from a competing Quebec consortium seeking to stop or delay the transaction. Court documents obtained by Connect CRE show that the group, representing interests associated with the Varin and Lavy families, filed a notice of objection July 30. …
The federal government and the City of Toronto are assembling more than $2.7 billion in financing, capital funding, public land and municipal incentives to move 18 stalled rental housing projects into construction. The projects will deliver more than 5,600 rental homes across Toronto. Construction on more than 4,500 units is expected to begin before the …
GWL Realty Advisors has acquired Citigroup Place, a 20-storey office tower directly across York Street from Union Station, on behalf of an institutional client as leasing demand improves for Toronto’s best-located buildings. The 344,000-square-foot Class A tower at 123 Front St. W. is approximately 93 per cent leased. Major tenants include Citigroup’s Canadian headquarters and …
Toronto City Council has approved one of the city’s tallest purpose-built rental developments, clearing Elysium Investments’ plans for a 70-storey tower at 164-168 Isabella St. The 228.5-metre building will contain 599 apartments, including 50 replacement rental units, on a roughly 0.46-acre property near Sherbourne subway station. Its height places it well above most Toronto rental …
Tigerbay Development has submitted plans for a seven-acre artificial surf park that will anchor a 1,050-home master-planned community along British Columbia’s Sea-to-Sky Corridor. The proposed Wavegarden facility at South Britannia is expected to become Canada’s first full-sized artificial surf park. It would produce as many as 1,000 waves per hour, offering conditions for beginners through …
Chicago-based Oxford Capital Group has sold seven seniors housing properties in Ontario, reducing its provincial portfolio from 15 retirement homes to eight. The buyer, sale price and properties included in the transaction were not disclosed. Oxford also did not provide the number of suites, closing date or information about future management of the residences. The …
RioCan has sold or conditionally agreed to sell $1.26 billion of RioCan Living assets and expects to surpass its $1.3-billion capital-repatriation target as it concentrates its business on retail properties. The real estate investment trust has effectively reached the target it established for 2025 and 2026, president and CEO Jonathan Gitlin said during RioCan’s second-quarter …
Groupe Mach has acquired Maison Alcan, the landmark office and heritage complex in downtown Montreal, from Lune Rouge, the organization founded by Cirque du Soleil co-founder Guy Laliberté. Anne Dongois, executive vice-president of Lune Rouge, confirmed the sale to Connect, saying it took effect Monday, Aug. 3, 2026. The purchase price was not disclosed. Located …
A 586-suite Winnipeg apartment portfolio comprising three recently constructed properties has been listed for sale by Goodman Commercial, JLL and Capital Commercial Real Estate. The offering includes The Onyx, a 282-suite community completed in 2019; The Bravado, a 149-suite property completed in 2020; and The Allure, a 155-suite development completed in 2023. The properties are …
A Four Points by Sheraton hotel announced for Campbell River more than six years ago has broken ground at Quinsam Crossing. We Wai Kai Nation owns and is developing the 102-room hotel at 200 Brant Dr. Hotel Equities will operate the property after it opens under Marriott International’s Four Points by Sheraton brand. The hotel …
- 1
- 2
- 3
- …
- 241
- Next Page »