Real Estate
Canadian Apartment Magazine
U.S. REIT to acquire Amica Senior Lifestyles
Ontario Teachers' Pension Plan has agreed to sell the portfolio of 38 high-end seniors residences to Wellltower Inc. for CAD $4.6 billion.
CondoBusiness
Nova Scotia to double deed transfer tax
Out-of-province purchasers of residential properties that are no larger than a triplex will be subject to a 10 per cent tax on the sale value as of April 1, 2025.
Canadian Facility Management & Design
Ski resort offered in NL’s asset sell-off
The government of Newfoundland and Labrador has issued a request for proposals (RFP) for the Marble Mountain Ski Resort, as part of an effort to divest non-core provincial assets.
Canadian Apartment Magazine
Multifamily consistently delivers for investors
Multifamily assets were consistent performers again last year for institutional investors represented in the MSCI/REALPAC Canada Property Index.
Canadian Apartment Magazine
U.S. CRE investors ponder tariff implications
Threatened tariffs could almost immediately translate into a 7.5 per cent premium on construction materials, while tariff-related inflation is expected to have an impact on interest rates and financing.
Canadian Property Management
Classic portfolio management set for comeback
Retail was the best performing asset type in 2024 for institutional investors represented in the MSCI/REALPAC Canada Property Index, but all property sectors showed year-over-year improvement.
Canadian Property Management
Tariff chill could put CRE investment on ice
Tariff chill pervades the investment climate throughout Canada’s economy this winter, but commercial real estate insiders are tallying some reasons to be optimistic.
Canadian Property Management
Tax reprieve for investment property vendors
Reversion to a 50 per cent capital gains inclusion rate will deliver higher returns than vendors might have expected on investment property sales since June 25, 2024.
Canadian Property Management
Tariff threats cloud investment outlook
Tariff threats bring a new source of hesitation to what had been an expected pickup in commercial real estate investment activity in 2025.
Canadian Facility Management & Design
OSCRE and ConnexFM forge administrative ties
ConnexFM will assume association management services for the Open Standards Consortium for Real Estate, while the two industry organizations remain independent.
Canadian Property Management
Primaris to trade three enclosed shopping centres
Primaris Real Estate Investment Trust is set to pump up its holdings with major acquisitions in Ontario and Alberta, with its first disposition of an enclosed mall to follow soon after.
Canadian Property Management
More deals but less industrial uptake in 2024
Nearly 35.5 million square feet of new industrial supply came onto the market across 15 Canadian regions in 2024, as the year saw negative absorption and a climbing national vacancy rate.
Canadian Property Management
Office leasing makes national gains in 2024
Office leasing activity ticked up by 2.6 million square feet across 10 major Canadian markets in 2024, marking the first year of national positive net absorption since 2019.
Canadian Property Management
RioCan’s Jennifer Suess joins Order of Ontario
Jennifer Suess, senior vice president and general counsel with RioCan Real Estate Investment Trust, has been named to the Order of Ontario.
Canadian Facility Management & Design
More Ontario agencies to drop realty functions
The Ontario government is continuing to centralize realty functions within the Ministry of Infrastructure, with 12 additional provincial agencies now tapped to hand over their autonomy.
Canadian Property Management
BGO appoints Canadian chief investment officer
Simon Holmes has been appointed BGO’s chief investment officer in Canada and chair of the company’s Canadian investment management committee.
REMI Network
Real estate software business under investigation
The Competition Bureau obtained a court order to gather information and advance an ongoing investigation into alleged anti-competitive conduct.
