Canada

MF Market Cooling Despite High Demand: Yardi
Canada's multi-family real estate market is in a slow transition, says a new Yardi report. Accor...Read more
People & Companies News for Week Ending July 26, 2024
Toronto-based Peerage Realty Partners has appointed Tara Brown as president of Peerage Group Sothe...Read more
Caisse Sells Back $700M in Couche-Tard Shares, Invests $103M in Vantage Data Centers
Caisse de dépôt et placement du Québec (CDPQ) has agreed to sell $700 million Couche-Tard share...Read more
BoC’s New Interest Rate Cut Spells Long-term Gain: CRE Leaders
The Bank of Canada's new overnight interest-rate cut shows that the commercial real estate market ...Read more
Bird to Acquire Jacob Bros. for $135M
Bird Construction has agreed to buy Jacob Bros. Construction for $135 million, the companies announ...Read more
Sleep Country to be Purchased by Fairfax for $1.7B
Fairfax Holdings has agreed to acquire mattress retailer Sleep Country for $1.7 billion. Toronto...Read more
Toronto Office Absorption Stays Positive as Vacancy, Availability Rise
Greater Toronto Area office absorption remained positive during the second quarter despite vacancy ...Read more
Analysts Expect Another BoC Rate Cut This Week
Analysts are predicting that the Bank of Canada will introduce another overnight interest-rate cut ...Read more
Connect Seeking More CWIRE Award Nominations
Nominations for Connect Canada CRE’s second annual Canadian Women in Real Estate Awards opened re...Read more
Baz Acquires Etobicoke Condo Project, Seven Retirement Residences in Ontario, Quebec
Baz Group has purchased a Toronto condominium development project and seven retirement residences l...Read more
Pinchin Acquires U.S. Firms CodeGreen, EBS
Pinchin has acquired U.S.-based property services firms CodeGreen and Environmental Building Soluti...Read more
Edmonton Homebuyers Expected to Stay on Sidelines After Next Rate Cut
Further Bank of Canada interest-rate cuts will not woo more prospective Edmonton homebuyers off the...Read more
BAM Acquires U.S. 15M-SF Industrial Portfolio; Tags Teskey as Future CEO
Canadian investment giant Brookfield Asset Management has acquired a 1.5-million-square U.S. indust...Read more
People & Companies News for Week Ending July 19, 2024
Priti Singh has been appointed senior managing director and chief risk officer for the Canada Pens...Read more
Downtown Toronto Office Tower Sale Could be Market Bellwether: Jacobs
The potential sale of a downtown Toronto office tower could set the market's direction, says a lead...Read more
RBC to Retrofit 1,200 Canadian Branches
The Royal Bank of Canada will retrofit its 1,200 Canadian branches to help reduce carbon emissions....Read more
H&R Completes Sale of 50% Stake in Telus Boot
H&R REIT has completed the sale of its 50% interest in a landmark Burnaby, B.C., office buildin...Read more
Second BoC Interest Rate Cut Expected as Inflation Keeps Falling
Analysts are predicting that the Bank of Canada will introduce a second overnight interest-rate cut...Read more
Downtown Toronto Office Tower on Market Again: Globe
A downtown Toronto office tower is back on the market after its owners were unable to sell it in 20...Read more