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December 9, 2025
Montreal's Sherbrooke Street West ranks as one of world's coolest streets
Time Out, the London-based lifestyle magazine known for ranking global destinations, has ranked Sherbrooke Street West fifth on its list of the world’s coolest streets. The travel, food and entertainment publication highlighted the street's “mix of historic charm and modern energy, where museums, boutiques, and bold architecture collide.”
December 9, 2025
Schedule release sparks World Cup excitement as hoteliers await wave of bookings
Over the weekend, FIFA released the schedule for the group stage of the 2026 World Cup, setting the stage for hoteliers in each of the 16 North American host markets to start their planning for the matches and providing some clarity into potential knockout-stage matchups.
December 9, 2025
Toronto's retail investment outlook turns less optimistic due to macroeconomic factors
Investment in Toronto retail properties has had a strong run, but signs of cooling are beginning to emerge in a reflection of both market dynamics and shifting investor priorities.
December 8, 2025
Fairstone, National Bank to buy out large commercial real estate lender Laurentian
After 178 years, large commercial real estate lender Laurentian Bank of Canada will cease operating as its own bank as the Canadian institution that generations have relied on for banking services is sold in two separate transactions that are expected to reshape its future.
December 8, 2025
Municipal development charges cited as significant cost for builders
Some developers are saying municipal development charges have put a stick in the spokes of their real estate projects in Canada, just as Ottawa pushes for a surge in construction, and a new federal research study shows how such fees can vary widely across the country.
December 8, 2025
Costco to expand Business Centre concept across country
Costco Wholesale says it opened its fifth Business Centre store in Ontario, just north of Toronto, in East Gwillimbury, as it looks to grow the new concept across the country.
December 8, 2025
New Mountain enters asset-backed securities market with $493 million offering
New Mountain Net Lease has completed its first asset-backed securities transaction, issuing $493.4 million in notes on 59 commercial properties across North America.
December 8, 2025
Why the housing correction won’t trigger a banking crisis
While the housing market is correcting, there are some specific reasons why it won't end up as a repeat of 2008.
December 6, 2025
Netflix could own some of the nation’s top entertainment real estate following Warner Bros. deal
An agreement by Netflix, the world’s largest streaming service, to buy television and movie giant Warner Bros. Entertainment in a $72 billion deal would involve a large swath of entertainment real estate across the globe.
December 5, 2025
Architect Frank Gehry remembered for buildings ‘that elevated the human spirit’
Architect Frank Gehry is remembered for an ability that won him worldwide acclaim for designing buildings that appear to defy gravity, with extreme curves and walls so steeply angled they seem to be falling over.
December 5, 2025
AI’s impact on real estate expected to accelerate in 2026
The integration of artificial intelligence in the real estate industry for everything from predictive maintenance to energy optimization and system-to-system information flow, is expected to have a noticeable impact in 2026, according to a report issued by PwC and the Urban Land Institute.
December 5, 2025
Costco land purchase draws attention in Laval
Private real estate land transactions don't often generate a lot of buzz on social media, but Costco's recent purchase of a plot of land in Laval, Quebec, that was previously earmarked to host a Guzzo movie theatre has inspired a steady stream of commentary on online discussion forums.
December 4, 2025
Nokia gets moving on major Ottawa expansion
Three years after first announcing plans for the project, Nokia Canada has started construction on a plan to convert much of its existing 26-acre campus in Ottawa’s Kanata North Technology Park into a mixed-use 'innovation' hub to include research and development, corporate space, as well as residential and commercial areas.
December 4, 2025
Asking apartment rents fall in Canada's three biggest cities
After years of steep rent hikes driven by tight vacancy rates and fierce competition for housing, apartment landlords in Canada’s three largest cities are cutting asking rents to attract tenants.
December 4, 2025
Wall Street pressure for growth spurred Marriott to overlook visible risks in Sonder deal, experts say
Years of financial reports and other public filings painted a picture of Sonder Holdings’ cash flow and profitability problems.
December 4, 2025
Developer adds healthcare lodging in remix of planned rental tower in Vancouver
Jamison Development is converting an apartment tower under construction in Vancouver's Fairview neighborhood into a facility to provide temporary living accommodations for people visiting the area to receive medical care.
December 3, 2025
CoStar World News for Dec. 4
December 3, 2025
Dream group office executive takes C-suite slot at its industrial company
One of Canada’s largest publicly traded industrial real estate investment trusts has tapped a veteran of the group to fill a key leadership position.
December 3, 2025
JLL subsidiary to acquire interest in QuadReal's US industrial portfolio
QuadReal Property Group is partnering with JLL subsidiary LaSalle Investment Management in a deal that gives LaSalle a 49% interest in 11 QuadReal industrial properties in five U.S. states.
December 3, 2025
Desjardins buys high-profile Toronto office tower
In a signal of recovery for the downtown Toronto office market, a pair of Desjardins’ investment funds bought the former HSBC Building in Toronto’s financial center from KingSett Capital's Senior Mortgage Fund for $134.6 million.

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