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Corporate

KIN Income Fund targets $500m in assets this year

KIN Asset Management’s David Hanick and Jacob Iftah have launched KIN Income Fund

People

Cushman & Wakefield appoints Canadian capital markets vice chair

Walid Cheaib was previously head of BMO Capital Markets’ North American real estate brokerage

Office

WeWork expands footprint at Toronto’s 1 University Avenue

The company now occupies over 110,000 sq ft in the financial district tower
Investment

Q+A: Anbros Financial’s Adit Kumar on buying land in good times, and in bad

The firm is looking to expand its mortgage portfolio of third-party originated debt
Industrial

Metro Vancouver industrial sale among city’s top trades for 2025

Marking the second-largest industrial deal in Burnaby this year
Distress

Richmond’s Versante Hotel faces $48m sale as court date looms

The property saw one initial purchaser drop out over the Cowichan Tribes court ruling
Industrial

Q+A: CoStar’s Gomez on a market where cheap money doesn’t skate you on-side

The firm’s top Canadian economist says, despite headwinds, that industrial plays remain solid
CMBS

The year’s third CMBS deal has landed, pushing volume to 2013 levels

The $505m offering is the latest tied to Pure Industrial

Spotlight

Industrial

$300m purchase of Ontario distribution center is sector’s biggest sale this year

The deal is just the third warehouse trade this year over $250m
Investment

BGO looks to hit $6bn in Canadian separate accounts by 2030

The plan is to double its current portfolio of roughly $3bn, divided among several clients

Round-up

Cushman shareholders approve redomiciliation to Bermuda

Firm seeks to improve value creation and align governance with US shareholder base
Chartwell to spend $315m on three Québec retirement residences

The deals are expected to close in Q4
Simon appoints international real estate president

Stanley Shashoua to oversee REIT’s portfolio
Brookfield to take control of Oaktree in $3bn deal

Transaction cements private equity firm’s ownership of distressed debt specialist
JLL crisis in Australia deepens as agents sue firm

Two agents dismissed by the real estate giant are suing JLL in the Federal Court
69-storey rental tower planned for downtown Toronto

Elysium Investments wants to build 660 rental apartments
Omni moves in to five long-term-care properties across Ontario

The purchase last week adds 687 beds to the specialist’s portfolio
Primaris to buy Promenades St-Bruno from Cadillac Fairview for $565m

The sale, in Québec, would be Canada’s biggest mall trade in at least four years

Toronto

Industrial

Duo partners up again for industrial portfolio purchase in Ontario

The two-property package is near Toronto Pearson International Airport
Financing

Q+A: BGO’s Baweja on getting to $6bn in separate accounts in Canada

The Toronto-based investment manager aims to double its SMA portfolio
Industrial

Pure wraps up a portfolio sale with another industrial trade in Mississauga

The multi-tenanted building changed hands for $10.5m
Office

Q+A: Cushman’s McTavish knows what you leased last summer

“What happened over the summer … we haven’t seen in a long time,” the senior vice president said
Investment

Investor sentiment slightly up in Q3 despite market headwinds: Altus

Preference shown for Halifax, Québec City and Vancouver

Vancouver

Retail

Mixed-use property changes hands in BC’s Okanagan region

The buyer has been active across asset classes in the region
Financing

Grosvenor lands $763m CMHC loan, one of the country’s biggest ever

The agency has committed $25bn+ in loans through its apartment-development program
Hotels & Leisure

Not enough vacancies as Vancouver hotel stock lags ahead of World Cup

Market pros worry not enough rooms are coming online to meet the region’s demand
Industrial

Green shoots emerge in Vancouver industrial market in Q3: Cushman & Wakefield

A report released this week hints at a stronger market, despite continued dips in key metrics
Multifamily

Coquitlam apartment trade marks city’s largest in two years

The 66-unit property sold off-market

Montréal

Multifamily

Montréal apartment building sold for $17m

The 74-unit building is near multiple transit stops
Multifamily

Trio of Côte Saint-Luc apartment towers set to trade for $128m

The deal is scheduled to close today
Retail

Cogir acquires Bayfield Realty Advisors

The company is expanding its commercial reach outside Québec
Industrial

Investors take wait-and-see approach as industrial availability holds steady: Altus

U.S. tariff impacts and market oversupply impeded market performance in Q3
Retail

BTB REIT floats mixed-use trio near Richelieu River

The properties are 95% leased

People

Brookfield seals Nordic resi entry with new partner

Private equity firm agrees to buy 1,300-unit portfolio with eye on becoming leading regional player
Harbour Mortgage names its first COO

The company promoted an 11-year vet to the new post
New advisory firm debuts with a focus on industrial sector

S&S Capital Advisors launched this month

Retail

Q+A: TD Asset Management sets sights on European essential retail

Canadian giant’s leaders discuss moves to buy grocery-anchored retail as it prioritises asset class
Sustainability

Q+A: ShareAction on “concerning lack of transparency” from many firms about climate change

Benchmark report author discusses how real estate investment managers can improve standards
People

Ten questions for: Mark Litwin, Knight Frank’s head of investment sales in NSW

Originally from Canada, Litwin has made metropolitan Sydney’s commercial property market his stomping ground for the past decade

Green Street global exclusives

Development

Inner Brisbane office building with development potential hits the market

The property is one of the last underdeveloped parcels in the area
Office

Property syndicator looking to flip suburban Melbourne office asset

Collective Capital is selling a bayside office building in the southeast
People

Ten questions for: Knight Frank director Anthony Pirrottina

Pirrottina got into investment banking straight out of university but found his true calling was commercial real estate sales
Financing

Q+A: Astris Finance’s Collins on why the i-bank is looking at Australia

Colliers took a stake in the energy and infrastructure advisory shop this summer
Sustainability

Carbon farming fund on track to raise $100m by yearend, closing in on first asset

Cibus Carbon aims to produce 11.25m Australian Carbon Credit Units over the next 30 years