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Canada News
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France News
Greater Toronto
How the top real estate services firms aim to cash in on the data center boom
Digital hubs are becoming a fifth major property type, analysts say.
Walmart's $6.5 billion spending initiative gains momentum
The United States retail giant is funding construction projects across the country.
Toronto-area self-storage facility sells for $11.3 million
Green Storage acquired a 47,140-square-foot self-storage facility in Aurora, Ontario, from an individual seller for $11.3 million.
CoStar Insight
Latest federal budget looks to leverage AI for increased productivity
Leaders have earmarked $110 billion for productivity and competitiveness programs.
More News
Canada shoppers face first holiday season without Hudson's Bay since 1881
The demise of the iconic retail institution is felt by longtime shoppers who are lamenting the chain's absence.
Bank of Canada holds rates steady as property pros seek resumption of cuts
Overnight rate will be kept at 2.25% in time of economic uncertainty.
CoStar Insight
Toronto's office leasing recovery may spur investment activity
Year-to-date office sales are the lowest since the pandemic, but a recent major deal and improving leasing trends could signal a turning of the tide.
CoStar Insight
Why the housing correction won’t trigger a banking crisis
Proactive mortgage strategies are helping to cushion the economy.
Architect Frank Gehry remembered for buildings ‘that elevated the human spirit’
Canadian-born designer was in demand worldwide.
Pinnacle's SkyTower becomes Canada’s tallest building
The mixed-use high-rise in downtown Toronto has topped 100 floors.
Snapshots
This architectural prescription targets North America's 'epidemic of loneliness'
Perkins & Will group packs pools, library and more into its community center designs.
CoStar Insight
Toronto’s office recovery isn’t one size fits all
A softening in demand appears to be ending, but a full recovery still looks far from assured.
Office construction falls to its lowest level in a decade
While the reduced new supply should lower office vacancy, any return to equilibrium is likely to take years.
Hundreds of The Beer Store outlets face potential last call across Ontario
The looming expiration of a deal to keep 300 stores open signals changes for the province's retail property market.
WeWork's Toronto expansion reflects firm's gradual national recovery
The global flexible office provider now is "in a stabilization phase,” its top executive in Canada said.
Morguard CEO's daughter takes over North American property investment firm
Angela Sahi assumes duties from K. Rai Sahi in planned succession.
Carney's first proposed budget tweaks capital gains, foreign property buyer rules
A homebuilding association said it is 'deeply disappointed and concerned' with the plan's response to Canada's housing crisis.
Design & Construction
Architectural stars appear on the skyline of Canada's largest city
Toronto reaches "certain level of global reach and ambition," with the new work of designers from the United States, United Kingdom, Canada and beyond.
Colliers posts revenue jump as engineering expansion drives growth
The Toronto-based firm is taking a guarded outlook for the year during an uneven capital markets recovery.
CoStar Insight
Uncertain trade outlook prompts revision of property-level forecasts for Canada
The CoStar analysis sees most property types, aside from offices, remaining well-positioned over the long term due to structural supply constraints.
A World Series commercial real estate showdown
LA and Toronto markets square off in a property matchup.
CoStar Insight
Party may be coming to an end for retail
The property type faces headwinds nationally as macroeconomic clouds gather.
Design & Construction
Architect Frank Gehry's vision for hometown tower comes to life
The Forma residential high-rise is the designer's first major project in Toronto.
CoStar Insight
Slowing population growth affecting demand for rental housing, retail sales
The overall population is expected to begin declining by year-end under government mandates to reduce the number of non-permanent residents.
Construction workers union, major investor create $800 million building fund
Fiera, Canadian District of the United Brotherhood of Carpenters and Joiners are launching an investment initiative.
CoStar Insight
Bank of Canada cuts policy interest rate by quarter-point to 2.5%
Guidance provided by the Central Bank suggests the rate-cutting cycle may not be that deep.
Google executive describes challenges in picking sites for massive data facilities
The size and scope of the tech giant’s projects are sometimes difficult for cities to comprehend, Nate Regan said.
Search Market News >>
International News
France
Prologis to invest €145 million in Flins-sur-Seine, north-central France
Logistics platform to be developed on 21-hectare site acquired from Renault
France
United States
Kering and Ardian sign $900 million deal on New York's Fifth Avenue
The pair created a '40-60' joint venture, mirroring portfolio deal in Paris
United States
United States
Why hotel designers aren't impressed by 'calming' white choice as Pantone's 2026 color of the year
Don't expect to see Cloud Dancer in hotels next year
United States
United States
International travel to turn FIFA World Cup into '10 Super Bowls'
Fans from Argentina, Brazil, England, France and Portugal predicted to boost metrics
United States
Germany
Blackstone agrees €100 million financing for German self-storage group
Lagerbox toasts injection for growth
Germany
United States
Corum completes two Scottish acquisitions for €33 million
Management firm buys Edinburgh bank headquarters and a retail park in Livingstone
United States
United States
Why off-market is all the rage in 2025, according to Avison Young France leaders
Olivier de Molliens and Ariel Marelli, head and executive director of capital markets, talk to Business Immo
United States
Ireland
Greystar makes Irish student accommodation splash with €105 million portfolio acquisition
The 724-bed portfolio spans Dublin and Galway
Ireland
Federal push to slow immigration has government filling fewer hotel rooms
By
Kristian Gravenor
Bookings to house asylum seekers is dropping.
Toronto's office sector shows signs of improvement
Mandates scaling back remote work by financial services firms and government have boosted the market.
Mandates scaling back remote work by financial services firms and government have boosted the market.
Never-used Airbnb offices in Montreal to become apartments
The five-year-old building on the Lachine Canal is set to get a residential retrofit.
The five-year-old building on the Lachine Canal is set to get a residential retrofit.
CoStar Insight
Vancouver’s commercial real estate market awaits recovery heading into 2026
Lower vacancy rates, along with recent property trades, indicate the initial green shoots of a recovery.
Lower vacancy rates, along with recent property trades, indicate the initial green shoots of a recovery.
Minto, with $2.3 billion deal, seeks to become latest apartment REIT to go private
Unitholders will vote on the deal with Crestpoint Real Estate Investments at a special, as-yet unscheduled, meeting.
Unitholders will vote on the deal with Crestpoint Real Estate Investments at a special, as-yet unscheduled, meeting.
Search News >>
International News
France
Prologis to invest €145 million in Flins-sur-Seine, north-central France
Logistics platform to be developed on 21-hectare site acquired from Renault
France
United States
Kering and Ardian sign $900 million deal on New York's Fifth Avenue
The pair created a '40-60' joint venture, mirroring portfolio deal in Paris
United States
United States
Why hotel designers aren't impressed by 'calming' white choice as Pantone's 2026 color of the year
Don't expect to see Cloud Dancer in hotels next year
United States
United States
International travel to turn FIFA World Cup into '10 Super Bowls'
Fans from Argentina, Brazil, England, France and Portugal predicted to boost metrics
United States
Germany
Blackstone agrees €100 million financing for German self-storage group
Lagerbox toasts injection for growth
Germany
United States
Corum completes two Scottish acquisitions for €33 million
Management firm buys Edinburgh bank headquarters and a retail park in Livingstone
United States
United States
Why off-market is all the rage in 2025, according to Avison Young France leaders
Olivier de Molliens and Ariel Marelli, head and executive director of capital markets, talk to Business Immo
United States
Ireland
Greystar makes Irish student accommodation splash with €105 million portfolio acquisition
The 724-bed portfolio spans Dublin and Galway
Ireland
Categories
Office
Toronto's office sector shows signs of improvement
Covivio brings Blue Owl Capital to the Thales campus in Vélizy
Related’s tower at biggest US private development lands $2.45 billion in financing
Retail
Walmart's $6.5 billion spending initiative gains momentum
Forum proceeds with retail and residential project near Edmonton
Saks Global sells Neiman Marcus store in Beverly Hills as it works to free up cash
Multifamily
Construction firm sees business pick up after pulling off high-profile build
Never-used Airbnb offices in Montreal to become apartments
Minto, with $2.3 billion deal, seeks to become latest apartment REIT to go private
Industrial
How the top real estate services firms aim to cash in on the data center boom
The nation's biggest AI data centers are taking root in some unexpected places
CBTREC acquires Coldwell Banker Commercial Integrity Real Estate
People
Avison Young adds three principals to Ontario occupier services team
Savills launches industrial performance group; JLL expands hotel team; Trademark adds trio of executives
Colliers expands California industrial team; JLL appoints five to North American development group; Cushman hires director in Texas
Finance
UK and Europe CMBS issuance soared in 2025 with rise set to continue
Ontario Teachers' appoints new managing director of real estate
Canadian pension fund buys Sun Belt shopping centres to expand in US
Analytics
Vancouver’s commercial real estate market awaits recovery heading into 2026
Calgary leads Western Canada in real estate investment growth
Edmonton's commercial real estate market expected to see further momentum in 2026
Development
New RICS president embarks on goals for 2026
How much housing does Canada need? It depends on whom you ask.
Apartment complexes expected to benefit from Canada's tough condo market
Hospitality
Federal push to slow immigration has government filling fewer hotel rooms
CoStar World News for Jan. 8
International arrivals to Quebec are increasingly driven by visitors from outside the US
Healthcare
BNP Paribas REIM invests in a healthcare portfolio worth over €300 million
Financing secured to build Canada’s largest hospital in historic public-private partnership deal
Canada's largest healthcare REIT brings in new CEO after streamlining property holdings
Specialty
Netflix could own some of the nation’s top entertainment real estate following Warner Bros. deal
Architect Frank Gehry remembered for buildings ‘that elevated the human spirit’
Developer adds healthcare lodging in remix of planned rental tower in Vancouver
Legal/Legislation
Canada's high-speed rail to begin with Montreal-Ottawa link
Municipal development charges cited as significant cost for builders
Carney's first proposed budget tweaks capital gains, foreign property buyer rules