Alberta & Prairies

Artis Divests $972.9M Worth of Assets in 2024
Artis REIT sold $972.9 million worth of assets in 2024 as part of its strategy to strengthen its ba...Read more
Parkland Strategic Review Could Lead to Sale
Parkland Corporation has launched a strategic review that could result in a sale of the company. ...Read more
Firm Capital, Telsec Agree to Support Melcor REIT Take-Private Plan
Firm Capital and Telsec have agreed to back Melcor Developments' plan to take Melcor REIT private, ...Read more
Feds Invest $46M in 21 Edmonton Multi-Res Projects
The federal government is investing $46 million to build and renew 1,431 homes across 21 multi-resi...Read more
Wrecking Ball Hits Calgary’s Beloved Foothills Baseball Stadium
Calgary's Foothills Stadium is being demolished as part of the city's redevelopment plans for Footh...Read more
Pembina, Kineticor Partner on Edmonton-Area Data Centre Project
Pembina Pipeline and Kineticor Asset Management have formed a joint-venture to develop a gas-fired ...Read more
Calgary Talking to Feds About Accelerating Green Line Project: Mayor
The City of Calgary is in discussions with the federal government to speed up the stalled Green Lin...Read more
Melcor REIT Ends Go-Shop Period, Sells GP Mall for $48M
Melcor REIT has concluded the go-shop period provided in its previously announced arrangement agree...Read more
Edmonton in Midst of Development Boom
Edmonton is experiencing a surge in residential and commercial development, driven by new zoning re...Read more
Winnipeg Remains Most In-Demand MF Rental Market: RentCafe
Winnipeg is still Canada's most in-demand multi-family rental market, according to RentCafe's lates...Read more
Edmonton’s Union Bank Building Redevelopment Almost Complete
Downtown Edmonton's historic Union Bank building's redevelopment is almost complete, Postmedia repo...Read more
Former Inglewood Industrial Building to Become ‘Disneyland for Fitness’
A historic industrial building in Calgary’s Inglewood neighbourhood is being transformed into a l...Read more
Calgary, Edmonton Grocery Stores Getting Smaller
Calgary and Edmonton grocery stores are becoming smaller as developers seek to complete projects fa...Read more
High Tide Opens New Rec Pot Shop in Hamilton
High Tide has opened a news Canna Cabana recreational cannabis store in Hamilton. The store is H...Read more
Regina Downtown Retail Vacancy Continues to Fall
Regina's downtown retail vacancy rated dropped to 3.67% in the fourth quarter of 2024, marking a si...Read more
GWLRA Launches 605K-SF Warehouse Project in Balzac
GWL Realty Advisors (GWLRA) launched a 605,000-square-foot industrial design-build development proj...Read more
AIMCo Closes Singapore and New York Offices
The Alberta Investment Management Corporation (AIMCo) has shut down its recently established office...Read more
New Costco Store to Open in Winnipeg
Costco is preparing to open a new store in Winnipeg's Westport mixed-use development in late 2025. ...Read more
WestJet, Lufthansa Technik to Develop New $120M Calgary Repair Facility
WestJet and Germany's Lufthansa Technik are set to develop a new $120-million aircraft repair facil...Read more