@RENXca

RENX, powered by Squall Inc., delivers the latest news, insights, and expert commentary on Canada's built environment—essential for real estate professionals.

 Canada
renx.ca/
Joined December 2008
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  • Following6K
  • Followers13.4K
7.7KMedia
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RENX@RENXcaMay 26
We’re expanding the conversation👋 You can now follow Squall on Threads and Bluesky for breaking news, industry insights, and updates from RENX, RENX Homes, Sustainable Biz Canada, TechNX, FoodNX, and PeopleNX. Bluesky: squallnews.bsky.social Threads: @squallnewshq
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Your Saturday #CRE Read: It was a big week for office news ... including a major new lease for four floors at The Well in Toronto, which was announced by Allied Properties REIT and RioCan REIT. renx.ca/allied-riocan-major-… #realestate #officeleasing #GTA #TorontoRE #TheWell

Allied, RioCan unveil major new office lease at The Well

Downtown Toronto’s The Well is about to get a significant new tenant, with co-owners Allied Properties REIT (AP-UN-T) and RioCan REIT (REI-UN-T) announcing the lease of four additional floors in the...

renx.ca
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Your Saturday #CRE Read: First Capital REIT announced plans this week to reorganize its business structure, eliminating its subsidiary First Capital Realty. Details, and what's needed before this can be approved... renx.ca/first-capital-reit-t… #REIT #REITs #realestate

FIRST Capital REIT to reorganize its business structure

First Capital REIT (FCR-UN-T) plans to reorganize its corporate structure by eliminating its real property subsidiary First Capital Realty and moving all of its assets into subsidiary partnerships...

renx.ca
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First Capital REIT to reorganize, simplify its business structure. Details... renx.ca/first-capital-reit-t… #cre #realestate #shoppingcentres #retailnews

FIRST Capital REIT to reorganize its business structure

First Capital REIT (FCR-UN-T) plans to reorganize its corporate structure by eliminating its real property subsidiary First Capital Realty and moving all of its assets into subsidiary partnerships...

renx.ca
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JUST ANNOUNCED: Daniel Fournier is stepping down after 3 years as head of Oxford Properties Group, with Eric Plesman returning to the organization as president and CEO. The details... renx.ca/fournier-step-down-o… #cre #realestate #csuite #ceos #TorontoRE #OMERS

Fournier to step down as Oxford head; Plesman named president, CEO

Oxford Properties Group announced Daniel Fournier will step down as its leader on Nov. 3, with Eric Plesman rejoining the firm to take on the roles of president and CEO in what Oxford calls a...

renx.ca
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BREAKING #CRE News: City Office REIT to be acquired, taken private by U.S.-based MCME Carell in $1.1B transaction. Details... renx.ca/city-office-reit-sol… #realestate #REITs #Vancouver #MetroVan #office

City Office REIT to be sold to U.S. investors MCME Carell for $1.1B

City Office REIT (CIO-N) has a definitive agreement to merge with two entities of U.S.-based MCME Carell and be taken private in a deal which values the Vancouver-based office properties owner and...

renx.ca
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In People Space: Marie Pier Germain and Hugo Germain promoted to co-presidents of family-owned and operated Germain Hotels. Quebec-based company operates 19 hotels, with more on the way. renx.ca/marie-pier-hugo-germ… #csuite #executives #hotelnews #resortnews #quebec #peoplespace

Marie Pier, Hugo Germain named co-presidents of Germain Hotels

Cousins Marie Pier and Hugo Germain have been appointed co-presidents of Germain Hotels, a Quebec-based company behind 19 hotels in Canada.

renx.ca
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Les Miller to retire as CEO and managing partner at Toronto-based Crown Realty Partners. Senior company executives to step into expanded roles as he departs... the details. renx.ca/les-miller-to-retire… #cre #peoplespace #realestate #csuite #ceos #ceo #executives

Les Miller to retire as CEO at Crown Realty Partners

Crown Realty Partners has announced that CEO and managing partner Les Miller plans to retire effective June 30, with several of the company’s senior executives stepping into expanded roles as he...

renx.ca
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#CRE Transaction: QuadReal Property Group has acquired Maple Leaf Self Storage from Larco. Maple Leaf has 15 facilities in the Metro Vancouver and Calgary areas. Details... renx.ca/quadreal-acquires-ma… #realestate #industrial #logistics #selfstorage

QuadReal acquires Vancouver's Maple Leaf Self Storage

QuadReal Property Group has entered the Canadian self-storage sector with the acquisition of Maple Leaf Self Storage, a Vancouver-based company which owns and operates 15 facilities in British...

renx.ca
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#ICYMI @landaglobal buys $14M boutique condo / mixed-use development site in Metro Vancouver Kerrisdale neighbourhood via foreclosure sale. It's looking for more such sites. renxhomes.ca/landa-plans-bou… #cre #crecanada #realestate #housing #newhomes #condos #developers #vancouver
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#ICYMI APARTMENT TRANSACTION: Société immobilière Bélanger acquires 1,057 multifamily housing units in Quebec City region from @groupe_logisco for $143M. Details and interview. renx.ca/belanger-buys-39-que… #cre #crecanada #realestate #qc #quebec #montreal #quebeccity #apartments

Bélanger acquires 39 Quebec City apartment buildings for $143M

Société immobilière Bélanger has made its biggest ever acquisition, investing $143 million to acquire 1,057 multifamily units in 39 buildings in the Quebec City region from Logisco.

renx.ca
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The tallest skyscraper in the City of #London financial district has reached full occupancy just over four years after it was completed. RiverStone Int. has leased the final remaining floor at 22 Bishopsgate, according to the building’s developer Axa SA. bloomberg.com/news/articles/…

City of London’s Tallest Tower Fully Leased With Riverstone Deal

The tallest skyscraper in the City of London financial district has reached full occupancy just over four years after it was completed.

bloomberg.com
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Even as fires continue to burn across #LosAngeles, many of those who lost their houses are already making plans to rebuild. To overcome labour shortages and speed up the process, some are turning to #prefabricated homes. bloomberg.com/news/articles/…

Los Angeles Fire Victims Turn to Prefab Homes for Quick Builds

Even as fires continue to burn across Los Angeles, many of those who lost their houses are already making plans to rebuild. To overcome labor shortages and speed up the process, some are turning to...

bloomberg.com
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New report reveals most business leaders in the U.S. and U.K. plan to move to a new building within the next five years. Reliable connectivity is more important than ever. businessfacilities.com/conne…

Connectivity Is Key When Selecting Commercial Real Estate

Survey reveals most business leaders plan to move to a new building within the next five years, and connectivity is increasingly important.

businessfacilities.com
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Johnston & Murphy, the historic American footwear and apparel brand founded in 1850, has announced the closure of its Canadian operations. The decision saw all six Canadian stores and the brand’s Canadian website cease operations last week. retail-insider.com/retail-in…

Johnston & Murphy to Close Canadian Stores and Website

Johnston & Murphy is closing all Canadian stores and its online platform, with remaining inventory being shipped to the U.S. after January 18.

retail-insider.com
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Canada's women’s apparel market faces turbulent times, with mid-priced specialty retailers experiencing significant challenges. Recent announcements such as the acquisition of Northern Reflections by Putman Investments, highlight retail's precarious state. retail-insider.com/retail-in…

Future Bleak for Canadian Women’s Mid-Priced Retailers

Canadian women’s mid-priced apparel retailers face closures and challenges amid market shifts, economic uncertainty, and changing consumer demands.

retail-insider.com
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Too many times, there was no room at the inn, hotel or bed and breakfast during Churchill’s busy polar bear viewing season. But those nights are ending as #ChurchillWild recently unveiled the Blueberry Inn, a 9,000-square-foot lodge. winnipegfreepress.com/busine…

Jan 2025: Blueberry Inn adds 16 new, much-needed rooms to Churchill offerings amid increasingly...

Too many times, there was no room at the inn, hotel or bed and breakfast during Churchill’s busy polar bear viewing season.

winnipegfreepress.com
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A frustrating home buying and selling experience has evolved into online brokerage Zown Canada, which its founder says was created to return more money to buyers for their down payments and lower the threshold for acquiring a residence. via @RENXhomes renxhomes.ca/online-brokerag…

Zown sets out to lower costs for home buyers

A frustrating home buying and selling experience has evolved into online brokerage Zown Canada, which its founder says was created to return more money to buyers for their down payments and lower the...

renxhomes.ca
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Canadian real estate sales are picking up but prices haven’t budged, and they aren’t expected to in the near future. BMO Capital Markets believes the great Canadian #realestate stagnation may have just kicked off. betterdwelling.com/the-great…

The Great Canadian Real Estate Stagnation Has Just Begun: BMO - Better Dwelling

Canadian real estate sales are picking up but prices haven’t budged, and they aren’t expected to in the near future. BMO Capital Markets believes the Great Canadian real estate stagnation may have...

betterdwelling.com
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An ambitious four-tower #condo development, 23 storeys each, has been proposed by Fana Group of Companies that would deliver over 1,000 residential units to the #Etobicoke West Mall neighbourhood. storeys.com/four-towers-etob…

Four 23-Storey Towers Proposed For Etobicoke West Mall

An ambitious four-tower condo development, 23 storeys each, has been proposed by Fana Group of Companies that would deliver over 1,000 residential units to the Etobicoke West Mall neighbourhood....

storeys.com
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