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Multifamily
Lankin buys Brampton apartments in largest GTA resi deal YTD
The 416-unit portfolio traded for roughly $317,000/unit
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Student Accommodation
Victor emerges for record-breaking €1.2bn Livensa sale
Parade of interest in Spanish student sale whittled down to one
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Multifamily
Q+A: OHBA’s Andison on reforming Ontario development charges
The industry stakeholder weighs in on changes proposed by the province
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Life sciences
Burlington lab, office space on the block for $30m
649 North Service Road is in play at a 6% cap rate
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Industrial
Midland sells 2 properties in Dartmouth, N.S.
The transportation firm moved into a new facility
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Student Accommodation
Manulife, Cedar Podium partner on Kingston student-housing development
The inaugural project for a new strategic partnership
Spotlight
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Multifamily
Canada’s first LEED and zero-carbon certified multifamily hits the market for $100m
The 28-storey tower was completed in June 2024
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Industrial
Industrial property near downtown Calgary hits the market
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Industrial
Midland sells 2 properties in Dartmouth, N.S.
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Industrial
Saint-Laurent industrial parcel trades for $16m
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Multifamily
Lankin buys Brampton apartments in largest GTA resi deal YTD
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Life sciences
Burlington lab, office space on the block for $30m
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Multifamily
Q+A: OHBA’s Andison on reforming Ontario development charges
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Student Accommodation
Manulife, Cedar Podium partner on Kingston student-housing development
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Multifamily
Maslow agrees £65m loan for Leeds BTR scheme
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Student Accommodation
Victor emerges for record-breaking €1.2bn Livensa sale
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Development
Choice moves forward with rental portion of multi-tower development
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Student Accommodation
Victor emerges for record-breaking €1.2bn Livensa sale
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Technology
AI usage at JLL surges ‘beyond wildest dreams’
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People
Long Harbour appoints ex-Ivanhoé exec as senior adviser
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Retail
Québec mall to trade for $75m
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Finance
Aareal’s Christof Winkelmann: “We are diversifying across countries”
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Multifamily
Maslow agrees £65m loan for Leeds BTR scheme
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Multifamily
Canada’s first LEED and zero-carbon certified multifamily hits the market for $100m
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Multifamily
Lankin buys Brampton apartments in largest GTA resi deal YTD
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Industrial
Crestpoint acquires Drew Kimbel industrial portfolio for $120m
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Distress
Vancouver multifamily building sold in court-ordered sale
Round-up
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Maslow agrees £65m loan for Leeds BTR scheme
Flax Place project forward sold to Toronto-based Starlight Investments
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Choice moves forward with rental portion of multi-tower development
Part of a mixed-use, transit-oriented project
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Long Harbour appoints ex-Ivanhoé exec as senior adviser
Sylvain Fortier to join the board as a non-executive director should management buyout proceed
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GPT and Canada’s QuadReal team up again for $1bn logistics fund
GPT will seed the new JV fund via a selldown of assets on its balance sheet
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NBIM commits $800m to Blackstone’s North America logistics fund
Investment focus will be on large population centres in the US and Canada
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Proreit buying 6 Winnipeg properties for $97m
Parkit will own 9.6% of Proreit after closing as part of the deal
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Development property in Vancouver floated for $30m
The land is already approved for residential development
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Ontario pitches development-charge deferral for all resi projects
The province is falling far short on housing starts
Toronto
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Office
Suburban Toronto office floated for $33m
Concert Income Properties is looking to offload 2476 Argentia Road
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People
Colliers promotes Garrigan to executive MD of Ontario
He’s been with the brokerage for over 20 years
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Industrial
Crestpoint acquires Drew Kimbel industrial portfolio for $120m
The six buildings are in Mississauga
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Development
Republic, Harlo to list Scarborough Junction development site
The site comprises 10 development blocks spanning 26 acres
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Multifamily
Toronto apartment building trades for $44m
One of the largest multifamily transactions in the GTA so far this year
Vancouver
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Distress
Vancouver multifamily building sold in court-ordered sale
The parcel is one of several distressed land assemblies in the city
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Office
Vancouver seeing bifurcation within Class-A office space: Newmark
A segment of Class-A office may not align with tenant expectations
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Hotels & Leisure
Renovating hotels becomes popular amid Vancouver’s lodging crunch
New builds can take years, but renovations can be completed in mere months
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Multifamily
Spring market brings wave of higher-priced Vancouver multifamily listings
New product is being completed and hitting the market
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Distress
Hotel dogged by debt hopes to garner around $60m
The Versante Hotel was placed under receivership in March
Montréal
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Retail
Montréal West Island mixed-use centre trades for $25m
The plaza is on a premium corner across from Fairview Pointe-Claire
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Retail
Q+A: CBRE’s Cohen on the resilience of Greater Montréal’s retail market
A detailed outlook on Montréal’s retail landscape
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CoStar closes Toronto-based research team, lays off staff
The company is consolidating research in Virgina
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XXIII Capital names Brown as COO
Brown’s first day was May 1
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Cedar City Developments promotes Demone to VP
His objectives include identifying land and development opportunities
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Corporate
Q+A: Ontario Teachers’ European head sets out its investment gameplan
Canadian giant on the hunt for direct deals, new local operating partners and weighing up new asset classes
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Multifamily
Q+A: Daniels Corp.’s Cohen on the cost of not building accessible
With an aging population, accessible design is drawing interest
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Multifamily
Q+A: Realstar and QuadReal bosses: “It’s been a busy couple of years”
Realstar’s Ryan Prince and QuadReal’s Jonathan Dubois-Phillips on the Canadian joint venture’s investments and residential plans
UK & Europe
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Multifamily
Council wins latest legal battle over £350m Manchester towers
Court of Appeal dismisses latest case
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People
AEW executives leave to set up investment management firm
Ludovic Bernini and Rémy Vertupier expected to be joined by two others in new venture
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Office
Czech buyer tables €100m+ bid for Kraków office
Three-building complex achieved full occupancy in March
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Investment
Melford to seal deal for M&G’s £80m Manchester office
Contracts exchanged on bellwether office sale
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Industrial
Partner sought for mega £1bn South East logistics site
Housebuilder starts search for development partner