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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
Amazon tops rivals with $200 billion in planned AI real estate spending
Amazon expects to spend $200 billion on data centers and other equipment this year, topping its big technology rivals in a spending spree to build out artificial intelligence networks.
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
Canadians are saving more and spending less
As more spending and wage figures become available, it is clear that the primary drivers of the Canadian retail property markets are changing. Consumers, concerned about current and near-term economic conditions, are increasing their savings and dialling back spending.
February 3, 2026
Landlord Simon Property expects to hike rents at former Saks Off 5th stores
Simon Property Group has found an upside in Saks Global's bankruptcy, saying it expects to collect significantly more in rent from tenants who will fill space in closed Saks Off 5th stores. And there's another potential bright spot: The mall owner's $100 million investment in the luxury giant in 2024 gave it control of real estate that's in short supply.
February 3, 2026
Leyad reports strong leasing as retail landlord weathers Hudson’s Bay fallout
Montreal-based Leyad says it's leased more than 600,000 square feet of retail space at its shopping centres in deals that include filling over 80% of the vacancies created by Hudson’s Bay Co. filing for protection from creditors.
February 2, 2026
Outdoor apparel retailer Eddie Bauer starts closing down its stores
Another chain has joined the list of retailers shutting stores this year as outdoor apparel seller Eddie Bauer has begun holding liquidation sales throughout its brick-and-mortar locations.
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 30, 2026
Sobeys parent shuts down Alberta ecommerce network due to underperformance
Empire Company Ltd., the Stellarton-based parent of grocery chain Sobeys, is shutting down its underperforming Alberta ecommerce operations network and closing its Ocado-powered fulfilment centre in the Calgary area after the business failed to meet financial expectations.
January 30, 2026
Vacated Hudson's Bay retail space may take years to fill
A majority of the retail spaces vacated in the Hudson’s Bay Co.’s sudden closing and liquidation are likely to attract new tenants — but it will take some time, according to a new analysis.
January 28, 2026
CoStar World News for Jan. 29
January 27, 2026
Wiikwemkoong buys retail centre as Edmonton's Ice District draws new investors
The Wiikwemkoong Unceded Territory has acquired the Connect Centre in downtown Edmonton for $65 million, a move the Indigenous community's leadership describes as a long‑term revenue strategy tied to one of the country’s most closely watched urban redevelopment zones.
January 27, 2026
Amazon makes another brick-and-mortar retreat
E-commerce giant Amazon is pulling the plug on all its Amazon-branded grocery stores, closing about 70 locations and saying it hasn't found the "right economic model" for large-scale expansion in yet another failed effort at brick-and-mortar retail.
January 27, 2026
Claire's enters administration for second time in six months
Claire's, the high street beauty accessories retailer, has entered administration for the second time in less than six months.
January 21, 2026
Asian grocery chain chooses San Francisco Bay Area for its largest US store
Fast-growing Korean grocery chain H Mart has chosen the San Francisco Bay Area for its biggest U.S. store.
January 19, 2026
Montreal-based investment group makes first foray into Ottawa
A real estate investment group that includes APP, the parent company of luxury apparel brands Mackage and Soia&Kyo, acquired the Cineplex Cinema Ottawa and three other retail properties at 3080-3980 Carling Ave. for the group's first acquisition in Ottawa.
January 16, 2026
Saks Global taps A&G, Great American Group to handle potential store closings
Luxury retail giant Saks Global has retained two advisory firms with experience handling store closings as part of its bankruptcy proceeding.
January 16, 2026
Online giant Amazon tries to choke off financing for luxury retail owner Saks Global
Saks Global is now battling with not only unpaid vendors but also its investor Amazon, as the online giant cries foul and tries to block financing for the luxury retailer’s Chapter 11 reorganization.
January 14, 2026
CoStar World News for Jan. 15
January 14, 2026
Retail real estate looks strong, but clouds may be starting to form
Some of Canada’s biggest retail landlords, including RioCan Real Estate Investment Trust, Choice Properties and First Capital, have posted strong earnings pointing to the strength of the country's retail real estate market, even as early signs show some dark clouds on the horizon.