Greater Toronto
Canada's OTTP launches joint venture with Sagard to buy US industrial propertiesThe sale marks Ontario Teachers’ first industrial acquisition in the U.S. and the launch of a new joint venture with Sagard Real Estate.
Hariri Pontarini Architects names two new partnersHariri Pontarini Architects, one of Canada’s leading architecture studios, announced the promotions of Michael Attard and Doron Meinhard as partners of the firm. They are the first...
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.
CoStar Insight
Overseas investors more likely to spurn Canadian marketsThe number of transactions involving overseas investors has plummeted since 2023.CoStar Insight
Trade war-related job losses beginning to spread to other sectorsA recent decline in office-using employment threatens to stall the nascent recovery in leasing of that property type.More News
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.
Federal Competition Bureau takes aim at retail property controlsNew guidelines seek to discourage leases banning landlords from renting space to competitors.
Large pension fund, CT REIT take on $200 million Canada Square office retrofitCanadian Tire Corp. partnered with Oxford Properties and signed a 20-year lease for high-profile headquarters space at the midtown Toronto complex.
Toronto considers allowing more six-unit apartment buildingsCity officials look to boost affordable housing in Canada's largest city.
Bank of Canada holds interest rates steady as real estate industry looks for more cutsA reduction would have helped energize the country's moribund property market, professionals said.
Water systems, modular housing to receive funding in Ontario's new $232 billion budgetOttawa Premier Doug Ford's plan aims to build 1.5 million homes by 2031.
International News
United Kingdom
American fast-food chicken brand back on the hunt for UK expansion
United Kingdom
United States
Weaker dollar curbs momentum in hotel room rate growth, with London hit hardest
United States
Canada
Cosmetics chain that closed stores while struggling financially is opening locations under Canadian ownership
Canada
United Kingdom
L&G's Managed Property Fund expands
United Kingdom
United Kingdom
Group's data centre firm gets green light to prepare Cambois site ahead of construction
United Kingdom
Italy
Upcoming Venice hotel will be Langham's second in Europe
Italy
United States
Live Nation says 6,000-seat theaters fill gap between clubs and arenas
United States
Germany
Portugal-based Sonae Sierra has bought URW REM
Germany
A larger focus on logistics and distribution is sustaining demand.
Hotel owner Kejja moves into apartment sector with purchase of Montreal-area complex
Hazelview Property Services sells multifamily towers in Longueuil on South Shore for $98.5 million.
CoStar World News for Sept. 11
Resort operator acquires former Macau casino space; Avison Young UK regional president steps down; CBRE names new French regional CEO
CoStar Insight
More rental apartments continue to be built in Montreal than in Toronto
Apartment construction in Montreal has rebounded after declining between 2022 and 2024.
Toronto investment firm led by Colliers CEO enters high-profile property deal in Boston
The Hennick Group bought the retail portion of Boston's Mandarin Oriental Hotel for US$83.3 million.
International News
United Kingdom
American fast-food chicken brand back on the hunt for UK expansion
United Kingdom
United States
Weaker dollar curbs momentum in hotel room rate growth, with London hit hardest
United States
Canada
Cosmetics chain that closed stores while struggling financially is opening locations under Canadian ownership
Canada
United Kingdom
L&G's Managed Property Fund expands
United Kingdom
United Kingdom
Group's data centre firm gets green light to prepare Cambois site ahead of construction
United Kingdom
Italy
Upcoming Venice hotel will be Langham's second in Europe
Italy
United States
Live Nation says 6,000-seat theaters fill gap between clubs and arenas
United States
Germany
Portugal-based Sonae Sierra has bought URW REM
Germany
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