Investment
Canadian Property Management
Primaris to trade three enclosed shopping centres
Primaris Real Estate Investment Trust is set to pump up its holdings with major acquisitions in Ontario and Alberta, with its first disposition of an enclosed mall to follow soon after.
Canadian Apartment Magazine
Korean rental housing attracts CPP Investments
Canada Pension Plan Investment Board (CPP Investments) has entered the Korean rental housing market through a 95 per cent stake in a new venture targeting co-living.
Canadian Apartment Magazine
Canadian investors team on U.K. multifamily deal
QuadReal Property Group and Realstar have bolstered their multifamily holdings in the United Kingdom through the joint acquisition of a 603-unit complex in Birmingham’s central core.
Canadian Apartment Magazine
U.S. single-family rental housing scrutinized
The U.S. Federal Trade Commission is signalling its intentions to investigate the ownership structures of large single-family rental housing portfolios with more than 1,000 properties.
Canadian Property Management
Feds launch Indigenous loan guarantee program
The newly launched federal Indigenous loan guarantee program is meant to counter historical obstacles that prevent reserve lands from being used as collateral to obtain private capital.
Canadian Facility Management & Design
Indigenous Gaming Partners completes first deal
Indigenous Gaming Partners, a newly formed partnership of five Nova Scotia-based First Nations and Sonco Gaming Inc., has acquired PURE Canadian Gaming and its portfolio of four Alberta casinos.
Canadian Property Management
BGO appoints Canadian chief investment officer
Simon Holmes has been appointed BGO’s chief investment officer in Canada and chair of the company’s Canadian investment management committee.
Construction Business
Construction leaders call on feds to address issues
Construction leaders from across the country will be on Parliament Hill advocating for urgent intervention from the federal government.
REMI Network
Slow mortgage debt growth continues
Residential mortgage debt increased 3.5 per cent year-over-year in July 2024, reaching $2.2 trillion.
Construction Business
BCCA reports declining investments in B.C. projects
The threat of poor industry support and declining investments in major projects is alarming according to the BC Construction Association.
Canadian Property Management
New tax credits on CRE’s U.S. election wish list
New tax credits for investments in energy efficiency and office-to-residential conversions are on the wish list for commercial real estate ahead of the United States election.
Canadian Apartment Magazine
U.S. clean energy spending flows to multifamily
U.S. multifamily investor calls government subsidies for energy and environmental upgrades a "return enhancer" in Class B rental housing stock.
Canadian Property Management
Canada aims to foster decarbonization capital
The Canadian government promotes a standardized approach for categorizing sustainable investment and verifying its credibility for market participants.
Canadian Property Management
Slate Asset Management sheds office holdings
Slate Asset Management will sell its interest in an 11-building office portfolio located in midtown Toronto and Ottawa, in keeping with a sharpened focus on what it defines as “essential” real estate.
REMI Network
CDPQ to back decarbonization fund for U.S. CRE
Caisse de dépôt et placement du Québec and Nuveen Green Capital have launched a USD $600-million fund to finance decarbonization and resiliency projects in U.S.-based commercial real estate.
Canadian Property Management
CPP Investments steps up data centre strategy
Canada Pension Plan Investment Board (CPP Investments) has committed to a USD $5.6 billion investment in hyperscale data facilities through a newly announced joint venture.
Canadian Property Management
Data centres draw investment interest
Surging need for connectivity to enable burgeoning technologies like AI and the smart electricity grid has positioned data centres to be favoured investment assets into the future.
