Greater Toronto
CoStar Insight
Toronto’s industrial market seems healthier than recent headlines suggestLooking at Toronto's industrial market from another perspective shows it is outperforming its peers.
GWL Realty seeks to build 96-floor supertall tower in downtown TorontoThe Toronto developer is planning to erect three skyscrapers containing 2,334 residential units at Yonge and College streets.
Hullmark buys interest in Toronto retail property where multifamily towers soon could riseOwner Brad-Jay Investments has recruited a new partner in a bid to build 4,600 residential units at Jane Finch Mall.
Birks acquires European Boutique luxury watch and jewelry chain of TorontoThe Montreal-based company paid $9 million for the four-outlet operation.
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Featured
CoStar News recognized in major journalism contestJournalist Andy Peters honored for a report on how artificial intelligence is changing data center design.Here's what's partly behind the pickup in US apartment demandA deal for properties across the Sun Belt marks an investor's bet on more multifamily momentum.
Global Report
CoStar World News for July 10Spanish hotel deal sets national record; Rugby World Cup winner joins JLL’s UK team; Paris office leasing wanesAmazon further expands distribution footprint in OttawaThe e-commerce giant is building a new fulfilment centre in the city's south end, across the river from Quebec.
Dealmakers, with billions to spend on real estate, grow optimistic for rest of 2025Momentum could return to the market soon with emerging opportunities, according to industry professionals.
Vancouver mall scores one of largest financing deals this year in Western CanadaCity Square Shopping Centre has secured a $100 million loan.
Retail merger activity surges with $112.7 million deal for Big 5 Sporting GoodsCapitol Hill Group and Worldwide Golf plan to take the California chain with 414 stores private amid a flurry of deals.
Wesgroup cuts jobs as apartment developers face 'unprecedented' challengesFinancial pressures have forced one of Western Canada's biggest real estate firms to cut staff and sell assets.
Texas looks to film incentives to boost its star power against Hollywood, New YorkA new law is aimed at supporting soundstage development as the state vies for a lead role in entertainment production.
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.
This downtown LA tower reflects latest national approach to fight homelessness600 San Pedro in Skid Row is part of a broader effort to pair shelters with onsite services.
Largest hotel deal in Spanish history, Mare Nostrum Resort Tenerife sells for €430 millionIn the largest single-asset hotel deal in Spanish history, local owner Spring Hotels Group has acquired the 1,037-room Mare Nostrum Resort Tenerife from Brookfield Asset Management. The deal catapults Spain’s 2021 half-year transactions volume to 10% above the same period last year.
CoStar Interview
World Cup winner Matt Dawson on joining JLL, rugby and winningCoStar News catches up with JLL's famous new recruit.Home Depot wins bidding for building supplier GMS with $5.5 billion dealThe retailer edged out QXO as it moves to acquire more than 400 distribution and service centers.
Hyatt to sell owned hotels from Playa deal to Tortuga Resorts for $2 billionWithin two weeks of closing its acquisition of Playa Hotels & Resorts, Hyatt Hotels Corp. agreed to sell the owned real estate from the deal to Tortuga Resorts for $2 billion.
US, Canada hotel performance picks up as summer season beginsThe Juneteenth holiday and declines in Las Vegas and Houston had notable impacts.
CoStar Insight
Slowdown in apartment rents cools overall inflationBank of Canada's preferred 'core' inflation in May still not low enough to cut interest rates in July.Tech office leasing rebounds nationally, fueled by AI demandBeyond the Bay Area, New York, Seattle and Boston are seeing a boost.
Renters not ready to buy just yetA new survey found that 40% of those leasing are waiting for home prices to fall, while others are holding out for further interest rate cuts.
Singapore debuts first new Raffles hotel since 1887The recent debut of the Raffles Sentosa Singapore, while nodding at the heritage of the original, is poised for the new era of sustainability, exclusivity, seclusion and design.
Canada may need to double housing construction to regain affordabilityA major bank suggested an increase would require a "revolution" in completions.
Hoteliers push for different hotel sustainability requirements from market to marketTourism and sustainability experts in Africa discussed the pitfalls of applying international ESG standards across every market, which could be unmanageable and counterproductive.
Newmark recruits joint head of UK business ratesEmily Roberton joins from BNP Paribas Real Estate.
Featured
Owners of high-profile towers ask, what’s in a name?The Diamond in Chicago is the latest building to take on a new moniker inspired by its design.Darden weighs selling Bahama Breeze chain, looks to spin off Olive Garden locations in CanadaThe restaurant operator said a new owner could expand the chain of Caribbean-themed eateries.
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.
Featured
CoStar Group wins gold medal in largest US real estate journalism contestJudges recognized a podcast analyzing hospitality trends as well as post-hurricane coverage in North Carolina. International News
United Kingdom
Sell orders are at their lowest level since 2020
United Kingdom
United Kingdom
Dooa Capital signs Stephanie McCaffrey's Racketeer for its first venue outside of Los Angeles
United Kingdom
Germany
The 400,000 square feet of warehouses are located across Germany
Germany
Canada
Quebec-based chain working to buy 7-Eleven aims to complete 41 new outlets in coming quarters
Canada
United States
Take a dip in one of these wanderlust-worthy waters
United States
United Kingdom
Private equity is battling with listed bidder Tritax for the group.
United Kingdom
United States
Law aims to encourage soundstage development as state vies for more productions
United States
United Kingdom
Manufacturing to drive early take-up wave as investors work out ESG position
United Kingdom
The athletic wear maker plans to move into nearly 300,000 square feet of former Microsoft space next year.
Canadian REIT focused on Manhattan apartments moves closer to public offering
Go Residential would trade in Toronto and own 2,015 luxury units in New York City.
Asking rents for apartments moving in different directions in Canada's major markets
Rental rates are seen falling in Vancouver, Calgary and Toronto while rising in Edmonton, Ottawa and Montreal.
Edmonton City Centre falls into receivership
An Alberta court acted after the owners of the downtown mixed-use complex failed to pay $140 million in loans.
US threatens Canada with 35% tariffs on imports
President Donald Trump cites the Canadian dairy import policy and fentanyl as central issues in trade war
International News
United Kingdom
Sell orders are at their lowest level since 2020
United Kingdom
United Kingdom
Dooa Capital signs Stephanie McCaffrey's Racketeer for its first venue outside of Los Angeles
United Kingdom
Germany
The 400,000 square feet of warehouses are located across Germany
Germany
Canada
Quebec-based chain working to buy 7-Eleven aims to complete 41 new outlets in coming quarters
Canada
United States
Take a dip in one of these wanderlust-worthy waters
United States
United Kingdom
Private equity is battling with listed bidder Tritax for the group.
United Kingdom
United States
Law aims to encourage soundstage development as state vies for more productions
United States
United Kingdom
Manufacturing to drive early take-up wave as investors work out ESG position
United Kingdom
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