Canada Homepage - Green Street News

Industrial

Pure pays $134m in Toronto’s biggest industrial deal this year

No other single-property warehouse sale in the city has crossed $100m this year

People

Daniels names new president in executive shakeup

Ginette Battikha has been promoted to chief operating officer

Retail

Crestpoint in talks to buy Orangeville Shopping Centre

The price translates to a 6% cap rate
Retail

Delta shopping centre poised to be Vancouver suburb’s largest sale since 2022

The Tsawwassen Corner Shopping Centre will soon hit the market
People

JLL adds five senior executives to project and development services

The appointments are in Canada and the U.S.
Distress

Stalking horse bid sets price on distressed Barrie site at more than $34m

Bids will be accepted until Oct. 28
People

Goodchild leaves PwC for Equiton

He started the role on Sept. 15
People

Christian Nonni promoted to new role in family firm

His new title is senior director of real estate operations

Spotlight

Self-storage

Canadian institutions, American firms drive self-storage volume over $1.4bn

Transaction volume has already hit a record high in 2025
Multifamily

‘Seeing some blue sky’: Key takeaways from the Canadian Apartment Investment Conference

Multiple offers at higher price points are finally back

Round-up

Distressed Burnaby development site finds new ownership

The buyers will follow through on the planned luxury condos
As office continues to struggle, Fiera goes all in on Bay Street residential tower

Plans that need Toronto’s approval now include over 200 rental apartments
RFA Capital, Artis REIT to merge as RFA Financial

Artis REIT has agreed to acquire RFA Capital Holdings in a reverse merger
Carney launches Build Canada Homes, Bailão to lead

The program will see an initial $13bn investment
Chest of Toys R Us locations hit the Alberta market

Joining a growing number of the chain’s storefronts
Peretz tapped to lead national leasing at JLL

The promotion was effective Sept. 1
Manulife, TruAmerica launch C$1.4bn affordable housing JV in US

Its debut acquisition is a 51-property, 6,000-unit portfolio
Richard Hylands joins Quadreal board

Hylands is founder and co-chair of Kevric Real Estate Corp.

Toronto

People

Colliers appoints Purdy chair of national institutional practice group

The expanded role comes after more than a decade with the firm
Industrial

Rare Oakville industrial sale trades at 5% cap rate

The deal closed in August
Hotels & Leisure

Canada’s hotel markets to see ‘modest but positive growth’ in 2026: CBRE

“I think Canadians staying home to travel ended up really supporting the hotel sector, just as we needed them to,” Kirstin Hallett, vice president with CBRE Hotels Valuation and Advisory Services, said
People

Longtime Cushman leader steps into vice chair role

Julian Brandon assumed the position on Sept. 8
People

Cushman promotes Shaw to vice chair

He has been with Cushman & Wakefield since 2004

Vancouver

Multifamily

Greater Victoria sees oceanfront apartments change hands

A third of the units are fully renovated
People

BGO Properties deepens leadership bench with three new execs

Marlene Farias, Stephen Smith and Jeff Wilson joined in recent weeks
Multifamily

Capreit picks up three Western assets totaling $103m

The deals are part of the firm’s strategic repositioning
Development

Metro Vancouver strata windup puts 8 acres in play

The property is accepting bids without guidance
People

Ex-Newmark country head rejoins Colliers in Vancouver

Norm Taylor served as vice president at Colliers for a decade earlier in his career

Montréal

People

PMML appoints trio of managing partners

Thierry Samlal, François Gagnon and Christian Pomerleau were all promoted in recent weeks
Retail

Q+A: CBRE’s Rundle talks Sainte-Catherine retail revitalization, and who’s shaping it

From international entrants to creative reuse, Montréal’s downtown core is seeing renewed energy
Multifamily

Q+A: Boardwalk REIT’s leaders talk growth, cashflow and delivering affordable luxury

The firm is picking up a three-tower luxury rental complex near Montréal
Multifamily

Major REIT completes Montréal’s second-largest apartment trade of the year

The deal closed mid-August
Development

Trio of Québec development sites hits the market

The properties present large-scale land plays in secondary markets

People

AY launches appraisal, advisory services in Atlantic Canada

Nathan McNeil came on board as associate director in early September
Eric Plesman returns to Oxford Properties as chief executive

Plesman takes over from Daniel Fournier
AustralianSuper recruits Canadian star as new European chief

A$368bn investor’s portfolio includes giant M7 logistics joint venture and famed King’s Cross estate

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

UK & Europe

Corporate

Life Science REIT leans towards £300m break-up

Agents appointed to advise on future of two London assets
Multifamily

Build-to-rent assets hit market for £40m+

Harris Associates and CBRE appointed to find buyer for two residential blocks
People

ActivumSG hires director as part of €1.2bn accommodation focus

Investment manager looking to scale UK and European activity in living and hospitality
Office

Praemia REIM close to offloading €130m+ Paris office

Property was purchased two years ago and is now under exclusivity at huge discount
Industrial

DFI and Argo unveil 1m sq ft urban logistics platform

Collection is fully let to occupiers including Amazon, Royal Mail and Greencore