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Industry News

2016 real estate investment trends forecasted

Market analysts predict the preference for core assets, new Class A office space and high-end retail will continue to drive demand and motivate real estate investment in 2016.

Quebec firms partner on Espace Montmorency

Claridge and the Fonds immobilier de solidarité FTQ are partnering on Espace Montmorency, a $420-million Quebec’-based mixed-use project.

Magna buys Holiday Inn Halifax Harbourview

Magna Hotels has purchased the 196-room Holiday Inn Halifax Harbourview from Toronto’s Innvest Real Estate with plans for a big revamp.

Boxing Day discounts better than Black Friday

Black Friday sales are plugged as being the lowest prices of the year in both the U.S. and Canada, but Boxing Day is found to offer bigger discounts.

Colonnade to merge with BridgePort

Colonnade Management Inc. and BridgePort Group of Companies are merging to provide a best in class real estate investment and operating platform.

Subway proximity ups T.O. office building value

Office properties' close proximity to a subway station adds to higher occupancy and rental rates and higher sale prices in downtown Toronto.

IIDEXCanada to feature new national summits

IIDEXCanada 2015 is introducing three new national summits that will challenge significant issues impacting the future of the real estate industry.

Public to help create accessibility certification

Ontario is asking the public to help develop The Path to 2025: Ontario’s Accessibility Action Plan, a voluntary third-party accessibility certification program to recognize businesses

Manulife opens AAA office tower in Vancouver

Construction of Manulife Real Estate’s AAA office tower on 98 Howe Street in downtown Vancouver is officially complete.

Choice Properties completes Loblaw portfolio

Choice Properties Real Estate Investment Trust (Choice Properties) has acquired five retail properties from Loblaw’s for about $45.6 million.

CF shopping centres ‘upping their digital game’

CF shopping centres across Canada are ‘upping their digital game’ for the holidays with advanced guest services for an enhanced and connected shopping experience.

Fortress closes on Collier Centre

Fortress Collier Centre, an affiliate of Fortress Real Developments Inc., has acquired the Ontario-based Collier Centre, a mixed-use development.

Sears Canada to sell two distribution centres

Sears Canada has updated its portfolio with three new transactions in an effort to revitalize its core retail business back to an iconic position.

Downing Street deploys equity crowdfunding

NexusCrowd has launched a new redevelopment project on its online investment platform, and has partnered with (Downing Street for the $12 million project.

John Hancock acquires California office towers

John Hancock Real Estate, the U.S. division of Manulife Financial Corporation, has purchased a two-building, Class A office space in Newport Beach.

Edgefront REIT to buy two industrial properties

Edgefront Real Estate Investment Trust (the REIT) will be purchasing two industrial properties, one in British Columbia and the other in Saskatchewan.

BOMA BEST 3.0 questionnaire in development

Following the recent news of a more improved BOMA BEST brand coming to market, comes the announcement of a new questionnaire called BOMA BEST 3.0.