Greater Toronto
Choice Properties sheds retail space near EdmontonCanada's largest REIT is slowly shifting its focus to industrial and residential properties.
Crestpoint pays nearly $40 million for Mississauga flex portfolioPure Industrial sold a small-bay properties near downtown Toronto.
CoStar Insight
Prognosis starts to improve for Toronto’s office marketThe gap between vacancy and availability is narrowing, signaling a nascent stabilization.REIT rolls into Dorval with $52 million triple play Automotive Properties bought a trio of dealerships in the busy Montreal suburb.
Colliers expands California industrial team; JLL appoints five to North American development group; Cushman hires director in TexasRead the latest on new hires, promotions and other personnel changes.
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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.
Colliers rebrands and reorganizes investment management divisionThe brokerage is bringing several companies together as Harrison Street Asset Management.
Crews set to demolish Canada's second-tallest freestanding structureMining company Vale said it would take five years to dismantle the landmark smokestack that has long hovered high above Sudbury, Ontario.
CoStar Insight
Inflation, lack of policy clarity likely to keep Bank of Canada on an extended sabbaticalAny hope for a real estate recovery pinned on lower interest rates is quickly evaporating.Asking rents for apartments moving in different directions in Canada's major marketsRental rates are seen falling in Vancouver, Calgary and Toronto while rising in Edmonton, Ottawa and Montreal.
US threatens Canada with 35% tariffs on importsPresident Donald Trump cites the Canadian dairy import policy and fentanyl as central issues in trade war
Vancouver mall scores one of largest financing deals this year in Western CanadaCity Square Shopping Centre has secured a $100 million loan.
Guinness World Records recognizes mark set by Canadian solar panel facade makerMitrex Solar aims to lower buildings' energy costs in Canada, the United States and Middle East by up to 30% by capturing sunlight and converting it to power.
Canada may need to double housing construction to regain affordabilityA major bank suggested an increase would require a "revolution" in completions.
Canada's top-performing mall seeks to solve Hudson's Bay vacancyOxford Properties is examining its options for backfilling the empty boxes left by the iconic retailer at its Yorkdale Shopping Centre and other malls.
Cadillac Fairview relies on its eateries to boost profitabilityTasty food offerings were cited as an important ingredient for success as the landlord dominates list of Canada's top money-making shopping malls.
Toronto and Vancouver see major declines in multifamily housing starts so far in 2025Montreal and Calgary have shown healthy growth in new multiunit builds from January through May.
International News
Analysis
Analysis
Germany
'The mood is better than could have been expected', according to one country head
Germany
Canada
Outlook tempered due to displaced group travel
Canada
United Kingdom
Listed self-storage firm confirms it has held talks with a number of parties
United Kingdom
France
Conservative MP appointed Minister for Town and Housing amidst great real estate industry expectations
France
Interview
United States
James Seppala of Blackstone talks to Business Immo about the firm's French plans
United States
Canada
Mayoral candidate Luc Rabouin vows to introduce property duty in country's second-largest city.
Canada
Special Announcement
United Kingdom
Delegates will meet at BAFTA London next week to discuss the London and South East markets
United Kingdom
Exclusive
United Kingdom
Remit says there is a growing consistency in office usage
United Kingdom
United States
CBRE, Compass seek buyer for Massachusetts Avenue building, adjacent residence
United States
Purchasing a house or condominium in Vancouver, Toronto and Montreal requires decades of savings, a study suggests.
CoStar Insight
Fewer self-employed workers does not bode well for office demand in Quebec
The decline has been offset by a rapid increase in public sector employment, including hospital and education positions.
CoStar Insight
There's a silver lining to Canada's limited new supply of logistics space
The Canadian industrial sector is better positioned to deal with the trade war than the U.S.
Quebec City solidifies position as leader in housing price growth
The municipality again posted the highest year-over-year price gain among the country's major regions, led by condominiums often rented as apartments, a new report found.
CoStar Insight
Edmonton’s labour pool grows the fastest among major markets in Canada
But population growth amid a sputtering economy pushes the unemployment rate higher.
International News
Analysis
Analysis
Germany
'The mood is better than could have been expected', according to one country head
Germany
Canada
Outlook tempered due to displaced group travel
Canada
United Kingdom
Listed self-storage firm confirms it has held talks with a number of parties
United Kingdom
France
Conservative MP appointed Minister for Town and Housing amidst great real estate industry expectations
France
Interview
United States
James Seppala of Blackstone talks to Business Immo about the firm's French plans
United States
Canada
Mayoral candidate Luc Rabouin vows to introduce property duty in country's second-largest city.
Canada
Special Announcement
United Kingdom
Delegates will meet at BAFTA London next week to discuss the London and South East markets
United Kingdom
Exclusive
United Kingdom
Remit says there is a growing consistency in office usage
United Kingdom
United States
CBRE, Compass seek buyer for Massachusetts Avenue building, adjacent residence
United States
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