Calgary
Real Estate News
Calgary Real Estate Board Downgrades 2025 Forecast Due To "Heightened Uncertainty"
The Calgary Real Estate Board (CREB) previously projected over 26,000 sales in 2025, but is now cutting that projection to around 23,000.
Jun 26, 2025
Calgary
Calgary Making "Significant Strides" Since Approving Housing Strategy
The City of Calgary approved its "Home Is Here" housing strategy in September 2023 after a three-day public hearing.
Multifamily
"The Entire Country Is Looking At Us": Inside Alberta's Hot Multi-Family Market
All kinds of records were set in Calgary and Edmonton last year, as multi-family assets become a "safe haven" asset class.
Development Projects
How PBA Group Converted A Calgary Office Tower Into The Element Hotel
The project is the first office-to-hotel conversion project to proceed under the City of Calgary's incentive program and the Element Hotel is now open.
Historic Cabbagetown Duplex Offers Canadian Star Quality And Timeless Style
Designed as two distinct, self-contained suites, the home is as versatile as it is beautiful — ideal for multigenerational living, rental income, dedicated work-from-home space, or simply an expansive residence that exudes unique character and style.
Calgary
Inside Calgary's First Office-To-Post-Secondary Conversion
Nine floors within the office tower at 801 7th Avenue SW, also known as the Nexen Building, are being converted for the University of Calgary through the City's incentive program.
Industrial
Calgary To Boost Industrial Development With New Incentives, Action Plan
The Industrial Action Plan includes a potential development incentive program, streamlined approvals, and updates to land-use and zoning bylaws.
Multifamily
Fiera Buys Quarry Park Towers For $120M In Top Q1 Transaction In Calgary
The acquisition of DeVille at Quarry Park was announced by Fiera Real Estate in January, but financial details were not disclosed.
Office
Oxford Buys CPP Out Of Trophy Office Towers In Vancouver, Calgary For $730M
CPP Investments sold its 50% stakes in Vancouver's Marine Building, MNP Tower, Guinness Tower, and The Stack, plus Calgary's Centennial Place, Eau Claire Tower, and 400 Third.
REITs & Institutions
RioCan Offloads Stakes In Ottawa, Calgary Rental Towers For $173M Amid Portfolio Shift
RioCan sold Frontier, Latitude, and Luma in Ottawa to Killam Apartment REIT and Brio in Calgary to Boardwalk REIT.
Development Projects
Dream Office REIT Secures Grant To Convert 16-Storey Office Tower In Calgary
The office building sits at 606 4th Street SW and Dream Office REIT (TSX: D.UN) has secured an $11 million grant via Calgary's office conversion incentive program.
Policy
Calgary Announces New Downtown Density Bonusing Offset Program
The new Downtown Density Bonusing Offset Program will encourage high-density residential development in downtown Calgary.
Real Estate News
Hoping To Buy Or Sell This Year? This Developer Can Demystify The Market
Amid an uncertain market, this established developer is doing more than just building houses — they’re helping hopeful Canadians move forward in their real estate journeys with confidence.
Multifamily
Boardwalk REIT Acquires Elbow 5 Eight Property In Calgary For $93M
The Elbow 5 Eight rental building is located at 730 58 Avenue SW in Calgary and was developed by Cove Properties.
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