Commercial
Multifamily
Carttera Buys Queen Street W Project For $28M, Planning 27 Storeys
Republic Developments had previously received approval for a 24-storey tower at 1266 Queen Street West in Toronto, but Carttera has proposed some revisions, including a pivot from condo to rental.
Jun 12, 2025
Hotel
Is The Aparthotel The Future Of Tourism? Vancouver’s Kalido Hospitality Group Thinks So
After opening Smithe House last October, Kalido Hospitality Group is gearing up for its second Vancouver aparthotel venture: a sister property called Keefer House set to open in Chinatown in July.
Listed Commercial
Bid Deadline Set For 77-Storey Development Site In Niagara Listed For $10M
The proposed condo tower was, at one point in time, set to be 'one of the tallest' in Canada.
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.
Cold Plunges, Hot Potential: This Mountain Spa Fund Has Investors Paying Attention
Wellness tourism is booming. Nordic spas are trending. And in Western Canada’s beloved mountain towns, demand for immersive, nature-connected experiences is vastly outpacing supply.
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.
Development Projects
Vancouver's First Mass Timber Hotel Proposed Near Granville Island
The 18-storey hotel proposal is set for 1580 W 3rd Avenue in Vancouver, about midway between Granville Island and W Broadway.
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.
Listed Commercial
Colliers Lists Dundas West Development Site From TAS Under Receivership
The site at 3775-4005 Dundas Street West has been successfully rezoned for a 13-storey mixed-use building with 297 rental apartment units.
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.
Industry
RioCan Demands Payment From Hudson’s Bay, Files For Receivership Of Joint Venture
RioCan REIT (TSX: REI.UN) and Hudson's Bay formed the joint venture in 2015 and it has become HBC's primary real estate subsidiary.
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.
REITs & Institutions
Primaris REIT To Spend $50M To Repurpose 5 Hudson's Bay Stores That Saw No Bids
Primaris REIT (TSX: PMZ.UN) is the landlord of Hudson's Bay at 9 locations, the remaining four of which are subject to pending bids.
Multifamily
Foreclosed Project By Align Properties Near Oakridge Park Sold For $17M
Align Properties was planning two six-storey rental buildings at 5589-5661 Baillie Street in Vancouver before Amber Financial initiated foreclosure proceedings.
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