Vancouver’s Plaza of Nations Quietly Changes Ownership: Postmedia

Vancouver’s Plaza of Nations, a prominent but largely derelict waterfront site, has quietly changed ownership, Postmedia reported. While the sale…

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Sumus, Bankside Acquire Calgary’s Former Grace Hospital Site for $38.1M

Sumus Property Group and Bankside Properties have acquired Calgary’s former Grace Hospital site from Northwest Healthcare Properties REIT for $38.1…

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Nominate CRE Sales and Leasing Specialists for a Canadian Top Broker Award

Nominate a candidate today Canada’s commercial real estate market faced many challenges in 2024 due to elevated interest rates in…

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Canadian Office Market Posts First Year of Positive Absorption Since 2019: CBRE

Canada’s heavily challenged office market posted positive net absorption in 2024 for the first time in five years, according to…

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Windmill Newcomer Hussey Holds Rare Job Title

Few private real estate development company executives hold the title of director of affordable housing. Graeme Hussey is an exception….

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Montreal Median Condo Price Rises 7.2% in December

Montreal’s median condominium price rose 7.2% year-over-year in December 2024 amid a 54% surge in overall home sales compared to…

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Court Upholds Calgary’s New Blanket Rezoning Bylaw

An Alberta Court of King’s Bench judge has upheld Calgary’s new blanket rezoning program. The court rejected opponents’ attempt to…

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CPPIB to Sell Stake in U.S. Power Producer Calpine for US$2.6B in Net Proceeds

The Canada Pension Plan Investment Board (CPPIB) has agreed to sell its entire stake in U.S.-based power producer Calpine Corporation…

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Employers Have Upper Hand in Return-to-Office Struggle: Rose

Employers have gained the upper hand in the struggle to get employees working in the office again, Avison Young CEO…

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Artis Sells Downtown Winnipeg Office Building

Artis REIT has sold a downtown Winnipeg office building to an unidentified buyer. Brett Intratater of Cushman & Wakefield’s Stevenson…

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