St. Martin Hotel in downtown Montreal has new owners
Developer Jean Salette sells 123-room hospitality property he built on site of former Ben's deli
Developer Jean Salette has sold the downtown Montreal hotel he built in 2010 at the former site of the Montreal landmark Ben's Restaurant at Metcalfe and de Maisonneuve.
Holiday Inn Express to take flight at Montreal Metropolitan Airport
Construction of 130-room hotel expected to take about 12 months
Construction will soon start on a 130-room Holiday Inn Express near the Montreal Metropolitan Airport, designed to offer passengers a place to stay when Porter Airlines begins dome...
Quebec investor buys one of Niagara region's largest malls
Leyad pays $140 million for shopping centre in what it calls 'landmark deal'
Leyad, a privately held real estate investment and development firm, says it acquired one of the top-performing malls in the Niagara region, part of Canada's largest economic zone,...
Crews set to demolish Canada's second-tallest freestanding structure
Mining company Vale to spend five years dismantling landmark Superstack in Sudbury, Ontario
Canada’s second-tallest freestanding structure is set to be slowly dismantled and taken to the ground over a five-year process scheduled to start in August.
Couche-Tard pulls plug on 7-Eleven takeover bid
Circle K chain owner says chain's owners 'have not been open to any conversation'
Couche-Tard is putting its bid for 7-Eleven back on the shelf. The Quebec-based retailer says it's withdrawing its offer to take over the much-larger convenience store chain owned ...
Oxford kicks off construction on Scarborough Town Centre residential project
Developer's plans call for $750 million project to contain 1,285 rental units, retail space
Oxford Properties Group has launched construction on its mixed-use Alta project on the west side of its Scarborough Town Centre shopping mall in Toronto.
This Montreal developer is expanding retail centres as little new space is added
Forum cofounder Dean Mendel says adding space at existing properties can be profitable
As retail space construction across Canada slows due to rising building costs, higher interest rates and general economic uncertainty, one Montreal developer has found that expandi...
Asking rents for apartments moving in different directions in Canada's major markets
Rental rates fall in Vancouver, Calgary and Toronto, rise in Edmonton, Ottawa and Montreal
A significant contrast appears to be emerging among Canada’s rental apartment markets as demand is affected by slowing immigration, looming trade tensions and a tightening job mark...
Laval attracts further development beyond its metro stations
Montreal suburb adds thousands of units beyond Laurentides Boulevard
Although the City of Laval, Quebec's plan to add 42,000 new housing units has largely attracted development near the three metro stations on the island city. Not all future constru...
US threatens Canada with 35% tariffs on imports
President Trump cites Canadian dairy import policy, fentanyl as central issues in trade war
U.S. President Donald Trump threatened to impose 35% tariffs on Canadian imports next month, a measure that, if implemented, could have a wide-ranging impact on the Canadian econom...
Edmonton City Centre falls into receivership
Alberta court acts after owners of downtown mixed-use complex fail to pay $140 million in loans
Edmonton City Centre, a mixed-use complex with retail and office space, has been placed under receivership after its owners failed to keep up with loan payments.
GWL Realty seeks to build 96-floor supertall tower in downtown Toronto
Developer plans to erect three skyscrapers containing 2,334 residential units at Yonge and College streets
Canada's second supertall skyscraper could be sprouting in downtown Toronto above College Park at the corner of Yonge and College streets.
Hullmark buys interest in Toronto retail property where multifamily towers soon could rise
Owner Brad-Jay Investments recruits new partner in bid to build 4,600 residential units at Jane Finch Mall
Brad-Jay Investments, the owner of the Jane Finch Mall in the North York area of Toronto, has sold a minority interest to Hullmark to help advance plans to build on-site housing.
Birks acquires European Boutique luxury watch and jewelry chain of Toronto
Montreal-based company pays $9 million for four-outlet retail operation
Birks, a Montreal-based luxury jeweler founded in 1879, has bought for $9 million the European Boutique chain that operates four stores in greater Toronto.
Hard Rock International opens 150-room hotel at Ottawa casino
Florida company wagers on Canada with opening of second property in country
Hard Rock Hotel & Casino Ottawa, an operation that aims to take a larger chunk of the local gaming market from a rival complex in Gatineau, Quebec, has opened its doors to guests.
Kitchener-Waterloo emerges as hub for office-to-residential conversions
High vacancy rate in urban area west of Toronto pushes owners to change workspaces into homes
A mid-sized city about 90 minutes west of downtown Toronto has quietly emerged as one of Canada's leading centres for office-to-residential conversions, as Kitchener-Waterloo is so...
Couche-Tard to add Circle K stores as global chain ponders expanding offerings
Quebec-based chain working to buy 7-Eleven aims to complete 41 new outlets in coming quarters
While Couche-Tard executives have been trying to hammer out a megadeal to acquire the 7-Eleven convenience store chain from Seven & i Holdings, construction workers have been wield...
Vancouver mall scores one of largest financing deals this year in Western Canada
City Square Shopping Centre secures $100 million loan
Toronto-based mortgage broker Finneo has swung one of the largest financing deals in Western Canada this year, arranging a $100 million loan on a Vancouver retail property.
Plans call for Calgary skyline to get what would be its two tallest skyscrapers
Towers with hotel rooms, residential units would rise more than 60 floors near Scotia Place hockey arena
Calgary real estate developers Truman and Louson Investments are aiming high with a plan to build two skyscrapers that would be the tallest in Calgary, near 15th Avenue and Macleod...
BCI latest Canadian pension fund to have results affected by property investments
Firm's overall performance weakened by negative return on real estate assets
The British Columbia Investment Management Corp. is the latest major Canadian pension fund to report a negative return on its real estate investments.