Cross Border News
Timbercreek, Aspen Seek to Raise $30M for Calgary Office Conversion Project
Timbercreek Capital and Aspen Properties are seeking to raise $30 million for their Palliser One of...Read more
Interest Rate Cuts Will Spur Office Transactions: Wong
More Bank of Canada interest-rate cuts will spark office real estate transactions, says a leading m...Read more
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
Ottawa Industrial Rent Increases ‘Less Drastic’
Ottawa industrial lease rates remained high in the second quarter of 2024 as vacancy remained tight...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
Brookfield Investing in Empira’s Cologne MF Project
Brookfield is investing an undisclosed amount in Empira's large-scale multi-family real estate deve...Read moreAnalysts Expect Another BoC Rate Cut This Week
Analysts are predicting that the Bank of Canada will introduce another overnight interest-rate cut ...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
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 morePeople & 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 moreSecond 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
Desjardins Launches Private Fund for Institutional Investors
Desjardins Group has launched a Canadian private real estate investment fund for institutional inve...Read more
Montreal Northvolt EV Battery Plant Project Not Affected by Strategic Review
Sweden's Northvolt says construction will continue on its $7-billion Montreal-area electric-vehicle...Read more
Couche-Tard to Remodel Canadian, U.S. Stores
Couch-Tard plans to remodel most of its Circle-K convenience stores in Canada and the U.S., accordi...Read more
Artis Completes Sale of Houston Industrial Portfolio for US$234.2M
Canada's Artis REIT has completed its previously announced sale a 12-building industrial property i...Read more
Cleveland-Cliffs to Acquire Stelco for $3.4B
Cleveland-Cliffs has agreed to acquire Hamilton-based steel manufacturer Stelco for approximately C...Read more