Cross Border News
Equinix REIT Acquires Montreal Data Centre for $121.5M
U.S.-based Equinix REIT has purchased a Montreal-area data centre for $121.5 million. The 575,79...Read more
Kingsett Capital’s Love to Relinquish CEO Role
Kingsett Capital's Jon Love will relinquish his CEO role and become the company's executive chair i...Read more
Hotels Outperforming Most Assets: C&W
The Canadian hotel sector continues to outperform most other major real estate asset classes in the...Read more
People & Company News for November 24, 2023
Mary Van Buren has resigned as president of the Canadian Construction Association. Her resignation...Read more
Hudson’s Bay Parent Earns US$340M in Asset Sales
The Hudson's Bay Company department store chain's parent firm has earned US$340 million from the sa...Read more
Former Canucks Prospect Faces CRE-Related Charge, Lawsuit
Former Vancouver Canucks prospect Prab Rai has been charged in relation to an alleged large-scale c...Read more
Microsoft to Invest $680M in Quebec Digital Infrastructure, Data Centres
Microsoft will invest $680 million (US$500 million) in Quebec digital infrastructure, including new...Read morePeople & Company News for November 17, 2023
Hines has appointed Michael Masotti as senior director of leasing in Canada. He will oversee the ...Read more
Slate Office REIT Plans Large Divestment
Slate Office REIT has announced plans to sell 40% of its gross leasable area. "Management and th...Read more
Most B.C. Property Assessments on Rise: Altus
B.C. commercial property assessments are climbing while deal pace is slowing, says a new Altus repor...Read more
Quebec’s Aero Mag Opens De-Icing Fluid Recycling Plant in Syracuse
Quebec's Aero Mag has opened a new airplane de-icing fluid recycling facility in Syracuse, N.Y. ...Read more
Vancouver Home to Canada’s Highest Residential Rents
Vancouver landlords are earning the highest apartment rents in Canada, says a news Rentals.ca report...Read more
Montreal Poutine Joint Under New Ownership
Popular Montreal 24-hour poutine spot La Banquise is under new ownership. Longtime co-owners Ann...Read more
BTY Opens New Office in Halifax
Commercial real estate consultancy BTY Group has opened a new office in downtown Halifax. BTY an...Read more
CAP REIT Sells Five Assets for $60.8M in Q3
Canadian Apartment REIT sold five assets in the third quarter for $60.8 million. CAP said in a n...Read more
WeWork’s Troubles Won’t Hurt Canada: CRE Experts
Office-sharing firm WeWork's bankruptcy filing will not have a big impact in Canada, say Canadian c...Read more
Altus to Buy Situs Valuation Business for US$225M
Canada's Altus Group has agreed to purchase Houston-based Situs Group's commercial real estate valu...Read more
City of Calgary Provides $50M for Downtown Office Conversions
The City of Calgary is investing $50 million in the conversions of three downtown office properties...Read more
Chartwell Ends JV, Exchanges Assets
Chartwell announced Friday that it has exchanged seniors home assets with Welltower in Ontario, Que...Read more