Canada Homepage - Green Street News

Multifamily

Q+A: IPA’s Bradyn Arth on strong yields powering Edmonton’s multifamily investment appeal

Investors are targeting cap rates around 5%

Multifamily

Local investor picks up boutique Oakville apartments

The oversize units fetch above-market rents

Industrial

From pallets to pews: Church picks up Mississauga industrial building

Marking the third GTA deal involving a church in past two months
Industrial

Burlington office-warehouse complex trades for $26m

The sale includes a 4-acre development parcel
People

Cushman leasing vet swaps Toronto for another Original Six city

The pro also received a promotion as part of the move
Multifamily

Starlight expands resi footprint with 255 Maidenhead homes

Investment brings firm’s UK portfolio to 4,000 homes
Financing

Q+A: BMO’s Zarriello on hotel lending strategies and opportunities in Québec

A lender’s view on underwriting, risk and capital flows in today’s hotel market
Fundraising

KV Capital targets mid-market gap with $50m fund

Final close is expected this week

Spotlight

Multifamily

RioCan sale marks GTA’s largest apartment trade of the year

The firm sold another multifamily asset as it looks to focus on retail
Hotels & Leisure

Cambridge Suites Hotel Toronto trades in city’s second-largest hospitality deal of the year

Manga Hotel Group announced the acquisition in early October

Round-up

Optimum Financial secures new Montréal headquarters for $35m

The group is planning updates to the property
Cologix enters Calgary data centre market

The colocation provider announced its first facility acquisition in the city
With flatlined condo sales, First Capital pivots to retail on Toronto site

A formerly approved Toronto high-rise is now poised to be three retail buildings
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
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
Brookfield to take control of Oaktree in $3bn deal

Transaction cements private equity firm’s ownership of distressed debt specialist

Toronto

Office

Dearth of supply could spark downtown demand in Toronto’s next office cycle: Newmark

The divide continues to grow between the best office space, and the rest
Data centres

Power play: Oshawa courts global data-centre providers in bid to rebrand as tech hub

The city’s power capacity and available land are big draws
Industrial

Concert finds buyer for Markham industrial duo

The buildings are over 90% occupied
Office

North American Centre nears sale, would be Toronto’s largest office deal of the year

Europro is in the process of acquiring the office complex
Industrial

Pure continues portfolio sell-off with $40m Mississauga trade

The two-building package has 46 tenants and can be converted to industrial condos

Vancouver

People

Ringham rejoins Colliers as vice president

He started the role on Oct. 22
Office

Vancouver office market to hit three-year leasing high: Newmark

City’s office market remains one of the tightest in North America
Hotels & Leisure

Rare courtroom bidding war pushes up price of Versante Hotel

Citation Property Holdings came out on top
Industrial

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

Marking the second-largest industrial deal in Burnaby this year
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

Montréal

People

Thomas Coutu promoted to associate vice president at Colliers

He is focused on major transactions in the retail and office markets
Multifamily

KIN, Vered grow Montréal portfolio with $97m apartment acquisition

This marks the partnership’s second purchase
Corporate

KIN Income Fund targets $500m in assets this year

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

Montréal apartment building sold for $17m

The 74-unit building is near multiple transit stops
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

People

Invico Capital promotes Jordan Green to SVP of equity capital markets

It’s a newly created role to strengthen Invico’s sales leadership
Prologis appoints Bozzo as director of investments

He started the role on Oct. 15
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

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

Multifamily

AusSuper homes in on £170m regional build-to-rent debut

Manchester asset lined up for acquisition
Self-storage

Savills expands self-storage team

Max Graziani and Mason Hunt to bolster firm’s capabilities
Retail

French owner weighs sale of €100m Lyon retail asset

Pair of advisers mandated to evaluate options for 56,000 sq m property
Industrial

Starwood strikes again in Germany with €100m+ purchase

US investor has built €450m German warehouse exposure in three months
Industrial

Crossbay bags tenant for refurbished Yorkshire warehouse

NG Bailey signs up for Shawcross shed