Owner of Calgary office tower selected for new university campus awarded $9 million for upgrades
Ursataur Capital snags city funding to convert nine floors of vacant offices at 801 7th Ave. into classrooms
Ursataur Capital Management has become the first and likely last development company to access funding from a four-year-old city of Calgary fund aimed at persuading universities to...
First Capital sells Montreal transit-oriented development site
Toronto-based REIT sells east end retail property where it planned residential project
First Capital REIT has sold a redevelopment site in Montreal where it had planned to build a transit-oriented development.
Edmonton developers adding amenities to increase appeal of office-to-residential conversions
Projects in Alberta's provincial capital set to reconfigure towers with pickleball courts, food hall, in addition to residences
North America’s northernmost large city is gaining a reputation for doing office-to-residential conversions in a unique style, as a pair of Edmonton office towers are being refigur...
CPP Investments, Deutsche Bank put up $450 million to finance data centre upgrade in Ontario
Project to convert former Blackberry data centre in Cambridge to more powerful facility expected to be completed next year
The Canada Pension Plan Investment Board is providing $225 million to upgrade an existing data centre in Cambridge, Ontario, to support the power and processing demands of artifici...
Growing Choice Hotels buys out Canadian partner
US hospitality giant acquires InnVest’s 50% share in 350 Canadian hotels
U.S. hotel chain Choice Hotels International has bought out InnVest Hotels, its Canadian joint venture partner, in a deal that sees Choice take full ownership of a Canadian portfol...
Swiss electrification giant to consolidate operations south of Montreal
ABB to spend $130 million on new facility in Saint-Jean-sur-Richelieu, Quebec
ABB, a Zurich, Switzerland-based electrification and automation company with roughly 3,200 Canadian employees, plans to build a 340,000-square-foot manufacturing and research-and-d...
Shake Shack to triple its Canadian store count
New York-based burger chain plans to open six more outlets in Toronto area, expand to new cities
Shake Shack, a fast-food chain that has attracted an avid following since opening the first of its three Toronto restaurants in June 2024, says it will triple its Canadian operatio...
Downtown office markets continue to feel effects of declining foot traffic
Downtown offices in Ottawa, Vancouver, Montreal, Toronto, Calgary see noticeable drop in pedestrian presence since 2020, according to cellphone data
Canada’s population increased roughly 10% over the past five years, but foot traffic in its biggest downtown core areas has dropped dramatically during that time, according to a ne...
Montreal's eStruxture Data Centers scores funding to fuel expansion
Fengate invests in Todd Coleman's Canadian projects in Alberta and beyond
Montreal-based eStruxture Data Centers earned a financial vote of confidence for its ambitious pace of industrial real estate projects across Canada, as the eight-year-old firm say...
Loblaw to build Canada's largest rooftop solar system at property in Ontario
Grocery giant plans to harness sunlight to help power its massive East Gwillimbury distribution facility
Loblaw Companies Ltd. is the latest company aiming to catch some rays and use them to help power their facilities, as the grocery giant plans to build what it describes as Canada’s...
Canadian property pros brace for Friday's tariff deadline
Trade war with US results in challenges sourcing construction materials, builders group says
Officials in Canada’s commercial real estate industry and their counterparts in other sectors are watching avidly as Friday’s deadline looms for a new trade agreement with the Unit...
Bank of Canada decision to hold overnight rate steady keeps real estate industry waiting
Major brokerage president hopeful central bank will announce cut at September meeting
The Bank of Canada held its overnight lending rate steady again, a decision that may disappoint both commercial property professionals and consumers who had hoped for further cuts....
Savills expands in Montreal with addition of office brokerage services
Firm tasks David Salomon-Lima with building business in city that's become a tenant's market
Savills Canada says it appointed industry veteran David Salomon-Lima as a senior vice president in Montreal as the United Kingdom-based brokerage works to grow its presence in Cana...
Prominent hub for Montreal artists goes up for sale
The 113-year-old downtown Belgo building is jammed with art galleries
The Belgo building, a sprawling, six-floor downtown oasis for Montreal artists has been put up for sale, sparking concerns that a future owner might not maintain the ecosphere of c...
St. Martin Hotel in downtown Montreal has new owners as tourism shifts
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.