Market Insights
2025 commercial real estate midyear outlook
From J.P. Morgan – A lot has changed for commercial real estate since the beginning of the year. One thing remains the same: economic uncertainty.
RioCan takes $209M hit thanks to HBC, as REITS begin Q1 2025 reports
From RENX.ca – CT REIT has approved a 2.5 per cent distribution increase to unitholders after another strong quarter, while RioCan president and CEO Jonathan Gitlin described his company’s first three months of 2025 as “paradoxical” during a May 6 conference call with analysts.
3 new buildings planned at GTA’s 1.5M-sq.-ft. IP Park
From RENX.ca – Intermarket assembled, zoned and serviced the lands to create the IP Park master plan. The site is conveniently close to highways 401 and 8 and will host approximately 1.5 million square feet of industrial and data centre uses in 15 buildings when complete.
Canadian CRE valuation analysis – Q1 2025
From Altus Group – Will tariffs and the US versus Canada trade war change the trajectory of commercial real estate and multifamily valuations?
Amexon converting Toronto office building to loft-style residences
From RENX.ca – Amexon Development Corporation is converting a sparsely occupied 15-storey office building to purpose-built rental housing near Eglinton Avenue East and Don Mills Road in Toronto.
Canada’s Rental Market Cools Amid Economic Uncertainty
From Newswire – Drawing on anonymized data from over 499,000 units across 5,700 properties, the report highlights a continued slowdown in rent growth alongside a national vacancy rate now at 4.0% — the highest since 2020.