Canada
Province, Feds, City Investing $303.5M in Montreal Non-Market Housing Units
The governments of Quebec and Canada, along with the city, are investing a total of $303.5 million ...Read more
National Bank Completes $5B Purchase of CWB
National Bank has closed on its acquisition of Edmonton-based Canadian Western Bank for about $5 bi...Read more
Dream Unlimited Launches New $2B Multi-Family JV
Dream Unlimited has launched a $2-billion joint-venture focused on investing in high-quality multi-...Read more
Federal Government Postpones Capital Gains Tax Increase
The federal government has delayed its capital gains tax increase until January 1, 2026. Ottawa ...Read more
People & Companies News for Week Ending January 31, 2025
Slate Asset Management has promoted Steven Dejonckheere to managing director. In the new role, he ...Read more
Walmart to Invest $6.5B, Open Dozens of New Canadian Stores
Walmart announced plans Thursday to build dozens of new Canadian stores over the next five years as...Read more
Canadian Office Market Turning an Important Corner: Altus
Canada's troubled office market has almost reached bottom as it shows signs of recovery, says Altus...Read more
Feds Invest $50M in Montreal Eastern Island Rentals
The federal government is investing $58 to support the construction of 144 purpose-built rental-apa...Read more
BoC’s Latest Cut Won’t Spell Immediate New Investment: CRE Leaders
The Bank of Canada's latest interest-rate cut will not spark immediate new investment due to concer...Read more
GTA Apartment-condo Sales Fall 63% in December, Prices Remain High: BILD
Greater Toronto Area condominium-apartment sales plunged 63% in December 2024 compared to the previ...Read more
Americold to Build $75M-$80M Import-Export Hub at Port Saint John
Americold Realty Trust has announced plans to build an import-export hub in St. John, N.B. The p...Read more
Newly Branded Ravelin Appoints Internal Management Team
Ravelin Properties REIT has hired an internal management team after rebranding and parting ways wit...Read more
Vancouver Retail Market Finds New Stability Amid Strong Demand: Colliers
The Greater Vancouver retail market appears to have found a new level of stability, according to Co...Read more
Brookfield Asset Management Completes Two Acquisitions in Japan Worth US$1.6B
Brookfield Asset Management has announced the completion of two major real estate acquisitions in J...Read more
AstraZeneca to Relocate Canadian HQ, Invest $820M in Ontario
British drugmaker AstraZeneca plans to expand and relocate its Canadian headquarters within the Gre...Read more
PSP Taps Charbonneau as New CIO, Beaudoin Head of CGFIM
The Public Sector Pension Investment Board (PSP) has appointed Patrick Charbonneau as its new chief...Read more
Amazon to Proceed with Quebec Warehouse Closures Despite Federal Review
Amazon is moving forward with its plan to close all seven of its Quebec warehouses despite objectio...Read more
Artis Sells Arizona Warehouse Complex for US $99.6M: Report
Artis REIT has sold a three-building industrial complex in Gilbert, Ariz., for US$99.6 million, acc...Read more
Canadian Investors More Apprehensive as Trump Tariffs Loom: Wong
Canadian commercial real estate investors may not invest as quickly in 2025 as they first indicated...Read more