Canadian Commercial Real Estate News Coverage

The Fairmont Pacific Rim in downtown Vancouver.

Policy

City Of Vancouver Introduces New Hotel Development Policy

Vancouver has a shortage of 10,000 hotel rooms according to Destination Vancouver and the City is looking to address that shortage with policy changes.

Economy

How A Weakened Canadian Dollar Impacts Commercial Real Estate

The Canadian dollar is lower now than it was a year ago, but that may not be a bad thing for commercial real estate.

The two-tower project First Capital REIT was planning at 895 Lawrence East in Toronto.

Development Projects

Bazis Buys Two-Tower Project From First Capital For $32M, Planning Third Tower

First Capital REIT (TSX: FCR.UN) has sold 895 Lawrence Avenue East in North York, where it was planning two towers. Bazis is now planning three towers for the site.

The Elbow 5 Eight at 730 58 Avenue SW in Calgary.

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.

This $5.2M Lake Simcoe Retreat Is The Ultimate Four-Season Escape

Situated just an hour from Toronto on a quiet private road in Innisfil, this spectacular custom-built home offers more than a retreat: it delivers an immersive escape.

Industrial

BC Pays Jim Pattison $52M For Richmond Property Near Fraser River Tunnel Project

The large industrial property at 13140 Rice Mill Road (13200 Rice Mill Road) was owned by Canfisco Group, a division of Jim Pattison Group.

Tapestry at Wesbrook Village at 3308-3382 Wesbrook Mall on the UBC Vancouver campus.

Multifamily

Concert Properties Completes Seniors Housing Divestiture, Securing $334M

Over the past year, Concert has sold its four Tapestry seniors housing properties in BC and Ontario to Tridel, Fengate Asset Management, and Chartwell Retirement Residences.

Retail

More Than Stores: The Historic Architecture and Lasting Legacy of Hudson’s Bay Buildings

Once grand department stores, these buildings now stand as monuments to a bygone era — and reminders of the role architecture plays in shaping Canadian cities.

A Hudson's Bay storefront with Saks Fifth Avenue and Saks OFF 5TH signage.

Industry

Court Approves Hudson's Bay Liquidation Plan, Rent Agreement With RioCan

After several delays and a last-minute revision, Hudson's Bay will begin its liquidation plan on Monday, with six stores temporarily excluded.

The commercial podium of The Hudson at 610 Granville Street in downtown Vancouver.

Retail

Bonnis Properties Sells Hudson Mall On Granville For $89M To Hazelview

The retail property is the commercial podium of The Hudson at 610 Granville Street in downtown Vancouver.

ALMA @ ByWard Market Ottawa at 256 Rideau Street.

Multifamily

Forum To Reposition Ottawa Student Housing Tower Under REIIF After $183M Purchase

Forum Asset Management is set to reposition ALMA @ ByWard Market Ottawa at 256 Rideau Street under its REIIF in Q3 2025.

The Hudson's Bay Company was incorporated on May 2, 1670.

Retail

A Timeline Of The Hudson's Bay Company's History And Insolvency

Canada's oldest retailer, the Hudson's Bay Company, is facing insolvency. Here's a timeline of its history and its ongoing creditor protection proceedings.

The Hudson's Bay store at the Yorkdale Shopping Centre in Ontario.

Industry

Commercial

City Of Vancouver Introduces New Hotel Development Policy

Vancouver has a shortage of 10,000 hotel rooms according to Destination Vancouver and the City is looking to address that shortage with policy changes.

How A Weakened Canadian Dollar Impacts Commercial Real Estate

The Canadian dollar is lower now than it was a year ago, but that may not be a bad thing for commercial real estate.

Bazis Buys Two-Tower Project From First Capital For $32M, Planning Third Tower

First Capital REIT (TSX: FCR.UN) has sold 895 Lawrence Avenue East in North York, where it was planning two towers. Bazis is now planning three towers for the site.

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.

This $5.2M Lake Simcoe Retreat Is The Ultimate Four-Season Escape

Situated just an hour from Toronto on a quiet private road in Innisfil, this spectacular custom-built home offers more than a retreat: it delivers an immersive escape.

BC Pays Jim Pattison $52M For Richmond Property Near Fraser River Tunnel Project

The large industrial property at 13140 Rice Mill Road (13200 Rice Mill Road) was owned by Canfisco Group, a division of Jim Pattison Group.

Concert Properties Completes Seniors Housing Divestiture, Securing $334M

Over the past year, Concert has sold its four Tapestry seniors housing properties in BC and Ontario to Tridel, Fengate Asset Management, and Chartwell Retirement Residences.

CPP Investments Puts Downtown Toronto HQ At 1 Queen East On The Market

The Canada Pension Plan Investment Board acquired 1 Queen Street E and 20 Richmond Street E in 2013 for $220 million.

More Than Stores: The Historic Architecture and Lasting Legacy of Hudson’s Bay Buildings

Once grand department stores, these buildings now stand as monuments to a bygone era — and reminders of the role architecture plays in shaping Canadian cities.

Court Approves Hudson's Bay Liquidation Plan, Rent Agreement With RioCan

After several delays and a last-minute revision, Hudson's Bay will begin its liquidation plan on Monday, with six stores temporarily excluded.

Bonnis Properties Sells Hudson Mall On Granville For $89M To Hazelview

The retail property is the commercial podium of The Hudson at 610 Granville Street in downtown Vancouver.

Forum To Reposition Ottawa Student Housing Tower Under REIIF After $183M Purchase

Forum Asset Management is set to reposition ALMA @ ByWard Market Ottawa at 256 Rideau Street under its REIIF in Q3 2025.

A Timeline Of The Hudson's Bay Company's History And Insolvency

Canada's oldest retailer, the Hudson's Bay Company, is facing insolvency. Here's a timeline of its history and its ongoing creditor protection proceedings.

Cracks Emerge In RioCan And Hudson’s Bay Joint Venture Over Unpaid Rent

The joint venture RioCan REIT (TSX: REI.UN) and the Hudson's Bay Company established in 2015 leases space to Hudson's Bay.

2025 © STOREYS Publishing Inc. | All Rights Reserved

Commercial

Vancouver has a shortage of 10,000 hotel rooms according to Destination Vancouver and the City is looking to address that shortage with policy changes.

The Canadian dollar is lower now than it was a year ago, but that may not be a bad thing for commercial real estate.

First Capital REIT (TSX: FCR.UN) has sold 895 Lawrence Avenue East in North York, where it was planning two towers. Bazis is now planning three towers for the site.

The Elbow 5 Eight rental building is located at 730 58 Avenue SW in Calgary and was developed by Cove Properties.

Situated just an hour from Toronto on a quiet private road in Innisfil, this spectacular custom-built home offers more than a retreat: it delivers an immersive escape.

​The large industrial property at 13140 Rice Mill Road (13200 Rice Mill Road) was owned by Canfisco Group, a division of Jim Pattison Group.

Over the past year, Concert has sold its four Tapestry seniors housing properties in BC and Ontario to Tridel, Fengate Asset Management, and Chartwell Retirement Residences.

​The Canada Pension Plan Investment Board acquired 1 Queen Street E and 20 Richmond Street E in 2013 for $220 million.

Once grand department stores, these buildings now stand as monuments to a bygone era — and reminders of the role architecture plays in shaping Canadian cities.

After several delays and a last-minute revision, Hudson's Bay will begin its liquidation plan on Monday, with six stores temporarily excluded.

​The retail property is the commercial podium of The Hudson at 610 Granville Street in downtown Vancouver.

Forum Asset Management is set to reposition ALMA @ ByWard Market Ottawa at 256 Rideau Street under its REIIF in Q3 2025.

​Canada's oldest retailer, the Hudson's Bay Company, is facing insolvency. Here's a timeline of its history and its ongoing creditor protection proceedings.

The joint venture ​RioCan REIT (TSX: REI.UN) and the Hudson's Bay Company established in 2015 leases space to Hudson's Bay.

2025 © STOREYS Publishing Inc. | All Rights Reserved

The large industrial property at 13140 Rice Mill Road (13200 Rice Mill Road) was owned by Canfisco Group, a division of Jim Pattison Group.

The Canada Pension Plan Investment Board acquired 1 Queen Street E and 20 Richmond Street E in 2013 for $220 million.

The retail property is the commercial podium of The Hudson at 610 Granville Street in downtown Vancouver.

Canada's oldest retailer, the Hudson's Bay Company, is facing insolvency. Here's a timeline of its history and its ongoing creditor protection proceedings.

The joint venture RioCan REIT (TSX: REI.UN) and the Hudson's Bay Company established in 2015 leases space to Hudson's Bay.