Greater Toronto
Property executives urge use of more cost-effective parking pricing as workers return to officeScrapping the standard monthly rate is one suggested technique.
Retirement homes grow scarce as Canada's aging population comes up against building slowdownA Cushman & Wakfield report finds increasing demand for seniors housing as construction of new units is decreasing.
WestJet taps JLL to manage airline's Canadian facilitiesThe real estate services firm's assignment includes the low-cost carrier's airport sites across the country.
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.CoStar Insight
Toronto embracing food hall renaissanceCulinarily elevated sites remove barriers to entry for restaurateurs while helping landlords lure visitors.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.
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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.
Canada's federal government employees increasingly follow back-to-office orderOttawa's staff is complying in greater numbers with instructions to return to their desks three days a week.
International News
Ireland
SCPI acquires a portfolio of automotive showrooms in Swords
Ireland
France
Newmark study compares shopping opportunities in Paris, New York and London
France
Exclusive
United Kingdom
US computer giant has decided on relocation
United Kingdom
United Kingdom
Privately financed project one of largest investment projects in region for decades
United Kingdom
United States
Real estate asset manager launches SCPI Principal Inside
United States
United Kingdom
Ecommerce giant to shut 14 food stores and convert five into premier offer
United Kingdom
Canada
Canadian bank signs lease to relocate and expand New York office space
Canada
Germany
CoStar's UK, German and French news teams will be providing full coverage
Germany
An emerging preference for domestic vacations helped push revenue per available room to a record, according to CoStar data.
Canadian banking giant triples footprint in US finance hub
TD Bank will relocate and expand its office holdings in Charlotte to accommodate its growing workforce.
Imperial Oil reported to sell Calgary headquarters, lease back portion
The move comes as the energy giant plans to slash 20% of its Canadian workforce.
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
Transit ridership remains below pre-pandemic levels, but could offer clues on return-to-office mandates
An increase may show more required in-person days drive higher occupancy.
International News
Ireland
SCPI acquires a portfolio of automotive showrooms in Swords
Ireland
France
Newmark study compares shopping opportunities in Paris, New York and London
France
Exclusive
United Kingdom
US computer giant has decided on relocation
United Kingdom
United Kingdom
Privately financed project one of largest investment projects in region for decades
United Kingdom
United States
Real estate asset manager launches SCPI Principal Inside
United States
United Kingdom
Ecommerce giant to shut 14 food stores and convert five into premier offer
United Kingdom
Canada
Canadian bank signs lease to relocate and expand New York office space
Canada
Germany
CoStar's UK, German and French news teams will be providing full coverage
Germany
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