People & Companies News for Week Ending January 10, 2025

ATCO has appointed Dawn Farrell and Kelly Koss-Brix to its board of directors, effective immediately. Farrell brings nearly four decades…

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Metro Vancouver Industrial Lands Driving Economy: Report

Metro Vancouver officials are calling for the preservation of the region’s industrial lands as their supply continues to diminish. The…

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Ivanhoé Cambridge Sells 49% Stake in Manhattan Office Tower to RXR

U.S. commercial real estate investment and management firm RXR has a acquired a 49% stake in a New York City…

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Toronto Mortgage Delinquencies Hit Nine-Year High

Mortgage delinquencies in Toronto have surged to their highest level in nine years, signalling distress in the city’s housing market,…

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Putman Acquires Northern Reflections 134-Store Women’s Clothing Chain

Putman Investments has acquired iconic Canadian women’s fashion retailer Northern Reflections for an undisclosed price. The acquisition coincides with the…

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Parliament’s Shutdown Leaves Capital Gains Tax Increase in Limbo

Prime Minister Justin Trudeau’s decision to prorogue Parliament has left a proposed capital-gains tax increase in limbo after many commercial…

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Cadillac Fairview Aims to Add 1,330 MF Suites at Richmond Centre

Cadillac Fairview is seeking to add 1,330 multi-family units at Richmond Centre as part of the second phase of the…

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MontVR Opening Funhub Entertainment Centre in Downtown Montreal

A new entertainment centre is set to open in the heart of downtown Montreal. Funhub, a sprawling three-storey venue located…

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Graywood, Japan’s HPP Teaming Up on GTA Multi-Res Projects

Graywood Developments and Japan’s Hankyu Hanshin Properties (HHP) have formed a strategic partnership to develop multi-residential projects in the Greater…

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Leston Buys Two Edmonton Apartment Buildings for $60M

Leston Holdings has acquired two prominent apartment towers for a combined total of $60 million, the Edmonton Journal reported. The…

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