Toronto’s Financial Core Appears to Be Shifting South
Congestion and Office Tenants' Priorities Driving Push Based on an analysis of commercial real estate deals, it looks like the financial heart of Canada's biggest city may be edging south. [...]
Dream Industrial REIT Further Expands Portfolio in Ontario
REIT Purchases Manufacturing Building and a Trio of Warehouses for $110 Million Dream Industrial REIT continued to expand its portfolio in the Ontario region with the purchase of four industrial [...]
Chartwell Retirement To Acquire Two Senior Housing Portfolios
Toronto-Area REIT To Spent $511 Million for Quebec Properties Chartwell Retirement Real Estate Investment Trust has entered into agreements to increase its holdings by 3,233 senior housing suites as part [...]
First Capital REIT To Issue $300 Million in Debentures
Retail Landlord To Use Proceeds To Pay Down More Expensive Floating-Rate Debt One of Canada's largest retail real estate investment trusts is issuing $300 million in unsecured debentures and plans [...]
Patience, Communication Needed As GTA Works To Trim Construction Red Tape
It is a tale of two headlines in the greater Toronto area, where a follower of the city’s commercial real estate scene might experience a slight case of cognitive whiplash [...]
Toronto Commercial Real Estate Market Update – Q1 2024
Altus quarterly update of Toronto's commercial real estate market, including overall cap rates and notable property transactions across asset classes. Key highlights The Greater Toronto Area (GTA) market reported $3.8 [...]
Altus: Canadian Real Estate Pros Split On Market
Canadian real estate professionals are divided on the state of the market, Altus Group found in a second-quarter survey. Half of the 333 respondents expect to continue managing their existing [...]
Developer Proposes Demolition Of Former Toronto Star Office Building At 1 Yonge St
The developer behind the tallest tower in Canada currently under construction along Toronto’s waterfront has circulated a proposal to replace the former Toronto Star headquarters, a 25-storey office building on the [...]
Kingsett To Transform Scotia Plaza’s 68th Storey Into Events Space
Toronto office tower owner to invest 'a few million' to reimagine 20,000-sq.-ft. area; signs Oliver & Bonacini as manager KingSett Capital will invest “a few million dollars” to create a [...]
The Future Of Commercial Real Estate In Canada: A Brighter Horizon
Commercial real estate has long been a cornerstone of Canada’s economy. Spanning from urban centres to suburban hubs, commercial real estate contributes to economic expansion, job creation and community revitalization. [...]
