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London
Brookfield puts £500m Citypoint tower up for sale
Canadian giant seeks buyer for City skyscraper ahead of debt maturity
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Hotels & Leisure
Forge & Foster puts South Muskoka Resort on the block
The investment firm is eyeing bids of $3.5m
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Multifamily
Investors flocking to Edmonton multifamily market
Sales activity is up 15% year over year
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Distress
Cambie property sells for more than $50m in court-ordered sale
The land assembly is one of several under court-ordered sale in the area
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Development
Five questions with SvN Architects’ Kai Hotson
Partner talks recent merger and designing efficient, yet beautiful, buildings
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Retail
Order up: developers dish on the complexities of Toronto’s new multi-restaurant spaces
From food halls to multiple restaurants, developers are incorporating more restaurant spaces
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Canada
Henry Test Staging 26 Feb – CN Articles
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Canada
Henry CN Article 25th Feb Stg
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Canada
Henry CN Staging Test
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Toronto
Pam’s preview test
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Office
Downtown Toronto offices still vacant as reno wraps
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London
Brookfield puts £500m Citypoint tower up for sale
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Senior living
Chartwell buying 3 Vancouver senior housing properties
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Distress
Site of proposed high-rise in Surrey teed up for $60m
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Distress
Distressed Vandyk property sells for $8.2m
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Development
Alterra, Mahogany moving forward with 705-unit rental development in Scarborough
Round-up
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Downtown Toronto offices still vacant as reno wraps
Approximately 38,000 sq ft of office space is available at 67 Richmond Street West
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Chartwell buying 3 Vancouver senior housing properties
The deal adds 384 suites to Chartwell’s portfolio
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Site of proposed high-rise in Surrey teed up for $60m
A court ordered the sale of the property
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Port Moody land assembly listed for nearly $17m
Macdonald Commercial has the marketing assignment
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Alterra, Mahogany moving forward with 705-unit rental development in Scarborough
More than one third of the units will be affordable
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Portugal and Czech Republic named top European nearshoring markets
Canada is the best location to nearshore supply chains in the Americas, Savills’ latest index finds
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BC limits 2025 residential rent increases to 3%
Limit to take effect in January
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Government of Canada launches land bank with 56 federal properties
Five properties are ready for builder proposals
Toronto
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Industrial
KingSett sells 3 Scarborough industrial buildings for $35m
A private investor picked up the properties
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Office
Slate Office REIT mulling sale of Woodbine & Steeles Corporate Centre
The REIT has been selling assets to pay down its $1.14bn of debt
Vancouver
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Distress
Pressure on Quarry Rock continues amid court order, land sales
The developer faces threat of absolute foreclosure in Delta
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Distress
Vancouver Island developer ordered to sell land to pay creditors nearly $100m
The project, 20 years in the works, has met delays and legal battles
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Investment
As the Vancouver market limps along, newer brokers hone their skills
It’s important to remember things may seem worse than they are, says Tony Quattrin
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Montréal
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Retail
Montréal-area mall sells for $23.5m
United Properties of Canada expanded its retail portfolio
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Industrial
Brasswater picks up Montréal industrial buildings for $44m
KingSett Capital was the seller
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Industrial
JLL: Southwestern Ontario industrial vacancies increasing amid new supply
Availability is also on the rise
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People
Q+A: CBRE’s Louis Karam discusses record growth, Quebec’s potential
The firm’s new head of Quebec also talked about the rise of tech companies
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Five questions with Savills Canada’s new president
Ruth Fischer discusses Savill’s plans and her outlook for the commercial real estate market in Canada
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CBRE’s Mark Sparrow to head firm’s institutional hotels group in New York
Sparrow most recently was head of alternative assets in Canada
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RBC appoints co-heads of real estate investment banking
The appointments were effective in May
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Multifamily
Five questions for Auvergne Capital co-founder Derek Roy
“Demand for housing is boiling over”
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Office
Q+A: IPA’s John Stewart on shifting attitudes in Toronto’s office market
Veteran Marcus & Millichap broker also explains why he thinks the office market is approaching the bottom
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Hotels & Leisure
Q+A: Curtis Gallagher on the changing profile of hotel buyers
Avison Young’s hospitality lead for Canada also talked about expanding the firm’s offerings
UK & Europe
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Corporate
Arrow Capital hires head of transactions for Europe
Appointment forms part of investment manager’s plans to diversify its strategy
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Industrial
Duo fight it out for £600m portfolio
Project Tiger being sold by Leicester-based property company
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Office
This must be the Place: Maidenhead office sold to London-based investor
Sale price reflects net initial yield close to 12.5%