Market Insights

From RENX.ca – The Q2 2025 Toronto office report states that with the completion of the 466,600-square-foot EQ Bank Tower during Q2, only one major office tower remains under construction — the 1.4-million-square-foot CIBC Square Phase II.

From Altus Group – Retail real estate has faced tough stress tests over the past decade after weathering negative impacts from e-commerce, pandemic shutdowns, and rising interest rates. Altus Group data showing a positive trajectory for valuations is now bumping into tariff uncertainty that is clouding the near-term outlook.

From RENX.ca – Construction on the new Metrolinx GO Station was officially started today on the track’s sprawling 684-acre property along Rexdale Boulevard, in Rexdale, near Toronto’s border with the City of Mississauga.

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.

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.

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.