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February 6, 2026
Demolition for Montreal's Molson Brewery redevelopment reaches milestone
The massive transformation of one of Montreal’s most storied former industrial sites is two weeks from completing heavy demolition. Daniel Arbour, vice president of major projects at project partner Mach Group, describes the landscape of the former Molson Brewery as a “war zone” of industrial remnants.
February 6, 2026
Avison Young bolsters growing Toronto office leasing practice
Avison Young has picked principal and Senior Vice President Andrew Boyd to lead its Toronto office leasing practice.
February 5, 2026
Alberta’s economic picture reflects cautious optimism
Continued population growth, robust energy production and expanding investment in emerging industries are supporting a cautiously optimistic outlook for Alberta’s economy over the next two years.
February 4, 2026
CoStar World News for Feb. 5
February 4, 2026
Brookfield Asset Management promotes Connor Teskey to CEO, posts record results
Global alternative asset manager Brookfield Asset Management named company executive Connor Teskey as its CEO as the investment giant reported record fourth-quarter earnings and said it sees rising deal activity this year.
February 4, 2026
Brookfield in talks to sell London tower Citypoint
Brookfield is in talks to sell London’s CityPoint office tower for around £455 million, or around the value of the outstanding debt secured against it, according to a Bloomberg report.
February 3, 2026
OpenAI more than quadruples Seattle hub in latest boost to US real estate
One of the largest names in the artificial intelligence slice of the tech industry is getting even bigger, delivering its latest boost to a recovering office market with a deal to more than quadruple its Seattle-area hub.
February 2, 2026
Uncertain economy, weakening labour market top challenges for industry
Economic uncertainty — exacerbated by the trade war with the United States and a weakening labour market — represents the biggest challenge to Canadian real estate investors this year, according to a study from CBRE.
January 27, 2026
Gallagher Insurance secures office lease in downtown Calgary
Gallagher Insurance signed a new office lease for 12,591 square feet at 355 4 Avenue SW in downtown Calgary.
January 26, 2026
Deka Immobilien fund buys Montreal's Deloitte tower as first Canada investment
Cadillac Fairview has sold Tour Deloitte, also known as Deloitte Tower, one of the few office towers built in downtown Montreal over the past dozen years and marking the first Canada building acquisition for Germany-based Deka Immobilien.
January 26, 2026
Savills notes welcome jump in fourth quarter office leasing, but Calgary market remains fragile
Calgary closed out 2025 with one of its strongest office leasing quarters in years, according to a new report from Savills, marking a rare stretch of momentum in a market long defined by high vacancy.
January 26, 2026
Europro-led group acquires Yonge Corporate Centre campus in Toronto's first major deal of year
An investor group led by Europro has acquired a Class-A office campus in Toronto’s north end in a sign that confidence is returning to the office market outside the city’s financial district.
January 24, 2026
BGO buys high-profile Vancouver office tower as downtown sales demand picks up
Real estate investment management firm BGO bought the Oceanic Plaza office tower for $246 million in the latest high-dollar office deal in downtown Vancouver.
January 21, 2026
Crown Realty resells Mississauga office property as sales demand picks up
Crown Realty Partners sold an office building in Mississauga for approximately 32% more than it paid for it a little more than a year ago, in a sign of growing confidence in the greater Toronto office market.
January 14, 2026
CoStar World News for Jan. 15
January 13, 2026
City of Toronto to convert heritage office building into municipal shelter
The City of Toronto has announced the purchase of an office building at 720 Bathurst St. to serve as a municipal shelter, providing essential services and support to help Indigenous people experiencing homelessness transition to permanent housing.
January 13, 2026
JLL's 2026 predictions: New, more positive cycle to drive 15% hike in UK commercial real estate investment
Commercial real estate investment will hit between £43 billion and £48 billion in 2026, up as much as 15% on 2025, according to JLL in its annual predictions for the year ahead.
January 13, 2026
Insurance group expands to 275,000-square-foot London headquarters
Howden Group, a major insurance intermediary, has regeared the lease at its global headquarters to include the entire 275,000 square feet at One Creechurch Place in the City of London.
January 8, 2026
Vancouver’s commercial real estate market looks toward recovery heading into 2026
Despite economic uncertainty in recent years, Vancouver’s commercial real estate market is showing signs of cautious optimism. The city’s resilience, lower vacancy rates, and the sale of several major buildings signal a market poised for recovery.
January 7, 2026
CoStar World News for Jan. 8