Greater Toronto
This architectural prescription targets North America's 'epidemic of loneliness'Perkins & Will group packs pools, library and more into its community center designs.
Peakhill Capital expands into US mortgage banking with acquisitionToronto-based real estate financing firm has purchased Venture Commercial of Minnesota.
Canada's commercial property investors prefer US real estate despite lingering trade disputeData storage facilities replaced office buildings as the preferred sector among firms investing in property south of the border.
CoStar Insight
Toronto’s office recovery isn’t one size fits allA softening in demand appears to be ending, but a full recovery still looks far from assured.H&R REIT finds buyers for more than a billion dollars in properties from Toronto to HoustonThe round of pending sales kicks off the company's quest to unload one-quarter of its portfolio.
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Office construction falls to its lowest level in a decadeWhile 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 OntarioThe 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 recoveryThe 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 firmAngela Sahi assumes duties from K. Rai Sahi in planned succession.
Carney's first proposed budget tweaks capital gains, foreign property buyer rulesA homebuilding association said it is 'deeply disappointed and concerned' with the plan's response to Canada's housing crisis.
Architectural stars appear on the skyline of Canada's largest cityToronto 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 growthThe 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 CanadaThe 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 showdownLA and Toronto markets square off in a property matchup.
CoStar Insight
Party may be coming to an end for retailThe property type faces headwinds nationally as macroeconomic clouds gather.Architect Frank Gehry's vision for hometown tower comes to lifeThe Forma residential high-rise is the designer's first major project in Toronto.
CoStar Insight
Slowing population growth affecting demand for rental housing, retail salesThe 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 fundFiera, 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 facilitiesThe size and scope of the tech giant’s projects are sometimes difficult for cities to comprehend, Nate Regan said.
CoStar Insight
Industrial market remains resilient despite threat from higher tariffsA larger focus on logistics and distribution is sustaining demand.US logistics, data storage giants spend big on separate building sites near TorontoPrologis and Equinix each buys a development parcel with plans to build new projects on them.
Toronto and Montreal's new housing numbers race in opposite directionsThe Toronto region saw multifamily construction starts slip by 71% in July, while Montreal's totals rose by 241%.
Developers move forward with long-discussed plan to build downtown Toronto high-risesDream and CentreCourt join forces to build 1,226 multifamily units in a twin-towered project at 49 Ontario St.
Online car seller reopens Vancouver-area facility after hitting brakes on expansionToronto-based Clutch looks to resume growth after funding cuts spurred layoffs and closed facilities in 2023.
Property deal enables Canada's largest documentary film festival to continueThe new owner of century-old Toronto theatre is leasing the cinema back to the Hot Docs event.
Power Brokers
Top sales and leases recognized in CanadaBrokers wrap up big real estate deals in second quarter.Canadian property pros brace for Friday's tariff deadlineThe trade war with the United States has resulted in challenges sourcing construction materials, a builders group said.
International News
France
The private equity firm officially became the owner of this 41,234-square-meter mixed-use property on Thursday
France
CoStar Interview
Germany
Group has upped its target for funds from operations growth
Germany
United Kingdom
Shopping street takes top spot for the first time, says Cushman report
United Kingdom
Canada
Global flexible office provider now 'in stabilization phase,' top Canada executive says
Canada
Ireland
The asset will sit in its institutional Smart Living Europe Fund
Ireland
Germany
The logistics specialist has acquired Multipark Langen near Frankfurt for its last-mile portfolio
Germany
United Kingdom
CoStar index shows best relative performers
United Kingdom
United States
Lured by community and sunshine, former WeWork CEO plots Flow's expansion
United States
Only 40 of the 103 locations remain in operation.
Manulife US REIT seeks approval to diversify away from offices
The debt-heavy firm has proposed sales to fund acquisitions of industrial, multifamily and retail properties.
Retailer Yankee Candle’s owner to shut 20 stores in cost-cutting sweep
Newell Brands is also laying off about 900 corporate employees.
CoStar Insight
Rive-Sud, Laval emerge as hotspots for Montreal property sales
Nearly half of Montreal’s property sales have occurred off-island this year.
International News
France
The private equity firm officially became the owner of this 41,234-square-meter mixed-use property on Thursday
France
CoStar Interview
Germany
Group has upped its target for funds from operations growth
Germany
United Kingdom
Shopping street takes top spot for the first time, says Cushman report
United Kingdom
Canada
Global flexible office provider now 'in stabilization phase,' top Canada executive says
Canada
Ireland
The asset will sit in its institutional Smart Living Europe Fund
Ireland
Germany
The logistics specialist has acquired Multipark Langen near Frankfurt for its last-mile portfolio
Germany
United Kingdom
CoStar index shows best relative performers
United Kingdom
United States
Lured by community and sunshine, former WeWork CEO plots Flow's expansion
United States
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