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Industry News

December 2009

• Wingin' it: Chicken chain expands across Ontario
  
• Whiterock REIT Closes $45 Million Acquisition of Property in Montreal and Toronto
  
• ABCP penalties to total $138.8M
  
• Maestro acquires its 23rd residence in Ontario
  
• Cominar announces the acquisition of the "Quartier Laval" power centre
  
• PRIMARIS RETAIL REIT Completes Acquisition of Sunridge Mall and a 50% Interest in Woodgrove Centre
  
• RioCan Real Estate Investment Trust Announces Completion of Acquisition of Four Retail Properties in Canada
  
• Flaherty ready to deflate any housing bubble
  
• Apartment vacancy rates, rents increase
  
• Homburg upgraded to Buy on new plans
  
• Morguard REIT acquires office tower in mid-town Toronto
  
• National rental vacancy rate increases in October 2009
  
• Top 10 lessons learned in real estate: Ernst & Young
  
• Dundee REIT buying Toronto office complex
  
• Canadian shoppers to flock to big box stores
  
• Bank of Canada maintains overnight rate target at 1/4 per cent
  
• Canada's building plans surge 18%
  
• TD explains U.S. real estate exposure
  
• Top 25 cities on the move (Canada)
  
• RioCan REIT buys stake in malls in B.C. and Alberta
  
• (Maple Leaf) Gardens to reopen in 2011
  
• Whiterock Announces $45 Million Acquisition of Property in Montreal and Toronto
  

November 2009

• Wealthy Investors Plan to Buy More Real Estate, Barclays Says
  
• Canadian REITs favoured over U.S. counterparts
  
• Canadians can't shop their way to recovery, say economists
  
• Real estate investors battle over Bloor St. condo
  
• Toronto Office Vacancies May Top Boston, Manhattan
  
• An era of cautious optimism for investors
  
• Retail sales rise more than expected in September (Canada)
  
• RioCan gains eight properties
  
• TREB: Commercial Market Continues Recovery
  
• U.S. firm swallows Timothy's
  
• Canada Real Estate May Be Good Investment, Watsa Says
  
• Apple plans global expansion of stores
  
• Allied Properties REIT ready to buy
  
• Canadian real estate markets elude US collapse: PwC/ULI report
  
• GM to spend $100-million on retooling Ontario plant
  
• Canada's unemployment rate rises to 8.6 per cent; local rate dips to 9 per cent
  
• High tech "creative sandbox" to get $26 million boost (Kitchener)
  
• Survey shows Canadian commercial real estate markets in far better shape than the U.S.
  
• Dundee REIT to buy $140-million of office buildings
  
• Retailers face repeat of 2008 holiday shopping season
  

October 2009

• Project partners celebrate start of construction at Hanlon Creek Business Park (Guelph)
  
• RIM purchases former ClosetMaid plant (Cambridge)
  
• Lots of cash, no properties
  
• German Firms Scour U.S. for Deals
  
• RioCan makes $181-million U.S. foray
  
• REITs roll up sleeves and get ready to buy
  
• TD banking on branches
  
• DBRS downgrades Ontario's long and short-term rating
  
• Whiterock REIT back in the hunt for properties
  
• Peel considers ban on smoking in all apartments, condominiums
  
• Canadian Commercial Council of REALTORS(R) partners with CommercialSource.com
  
• Redbourne Realty signs Thales to new 190,000 sq ft lease in Toronto
  
• Hypo Real Estate sells off Lehman claims
  
• Toronto now the bedroom community of 905: study
  
• Non-residential construction falls for third straight quarter
  
• Commercial real estate bounces back
  
• Conestoga Mall unveils $75-million expansion
  
• Canadian Tire retires from the mortgage business
  
• REITs Gear Up in Germany
  
• Canada's Leading National Reverse Mortgage Provider Becomes a Chartered Bank
  
• Tims breaks into Fort Knox
  
• RioCan shops for U.S. deal
  
• City (Guelph) comes up financially short
  
• City (Guelph) considering proposed Hanlon Creek plan changes
  
• Construction begins on south-end (Guelph) emergency centre
  
• Waterloo firm's product may aid skin cancer detection
  
• Conestoga Mall expands, leading a boom in new retail outlets
  
• Hudson's Bay Co. to resurrect Linens 'n Things
  
• Investors stock up in Dollarama's market debut
  
• German Funds May Invest as Much as $17.5 Billion in Real Estate
  
• Hypo Real Owners Meet to Vote on Minority Squeeze-Out
  
• Waterloo area best for real estate: report
  

September 2009

• Oakville power plant approved
  
• Squeeze-out plan only option for Hypo Real Estate
  
• Loblaw seals $225 million T&T deal
  
• KINGSTON: Gathering energy for a critical mass
  
• Onex eyes U.S. commercial real estate
  
• Walmart Canada opening first high-efficiency supercentre
  
• Office space oversupply is expected to get worse
  
• Canadian Tire, Rona map out different growth plans
  
• Break possible in (Guelph) business park intimidation case
  
• Brantford forklift maker to close; 350 jobs to be lost
  
• Bay Adelaide Centre doors open
  
• Lean times for commercial properties
  
• Canada Mortgage Bonds coming
  
• Allied Properties Real Estate Investment Trust Announces $192 Million Acquisition in Toronto's Downtown West and $125 Million Public Equity Offering
  
• Trio of new office towers to revitalize downtown (Toronto)
  
• Hypo Real Estate may need more capital: report
  
• Huntingdon REIT completes sale of two retail properties
  
• Xceed Mortgage closer to becoming a bank
  
• Dollarama plans $250-million IPO
  
• Mortgage rates falling
  
• GETTING PERSONAL CANADA: Commercial Real Estate Lagging
  
• CIC Looks to Pile Cash Into U.S. Real Estate
  
• Canadian home construction surges
  
• Telus lands prize real estate with Black's buy
  
• Couche-Tard aims to double store empire
  
• Quebec's recovery beating other provinces: TD
  
• Whiterock Closes $82 Million Acquisition of 401 & 405 The West Mall in Toronto
  
• Commercial market to recover over 12 to 18 months
  

August 2009

• Reprieve for REITs
  
• Rental Income Properties and Real Estate: A Great Long Term Investment
  
• REIT market headed for pullback as losses mount, analyst says
  
• Canada Adds Record Retail Space
  
• Rebound rouses real estate returns
  
• Bank earnings expected to hit bottom in Q3 on commercial real estate loan losses
  
• Retail sales gain latest sign of fading recession
  
• TriOS College moving to Market Square
  
• Highway 7 gets carpool lot, new pavement
  
• German finmin defends handling of Hypo Real Estate
  
• Toronto economy in deep slump, city report shows: 'Really scary'
  
• 'Mixed-use' condo to replace 1 Bloor project
  
• Buttonville prepares for closure
  
• Ottawa getting into the distressed loan business
  
• Brace for commercial foreclosures: report
  
• One Bloor condo project sold to mystery buyer
  
• Trump Tower construction begins on hotel floors at Bay and Adelaide Streets
  
• Limited buyers, scarce money: commercial real estate in tough times: PwC
  
• Canadian retailers a hot item
  
• Rona set to unveil new paint stores
  
• Some Canadian construction material costs set to rise
  
• Whiterock acquires Toronto buildings for $82.3M
  
• Analysts see Canadian REITs weathering storm
  
• Two Brookfields to invest in distressed real estate
  
• Brookfield sees gain from distress
  
• National office vacancy rate rises to 8.5%
  
• New Real Property Association of Canada survey shows Canadian commercial real estate markets holding up well compared to the US
  
• Building permits up in June
  
• HEROUX-Devtek Lands $11.3m Deal With U.S. Military
  
• Local wireless printing firm signs major deal
  
• Donald Trump to return to Atlantic City casinos
  
• Hypo Real Estate Has Loss, Sees No Profit Before 2012
  
• Tim Hortons to extend ice cream test run
  
• Wells Fargo ends subprime lending in Canada
  
• RioCan Real Estate Investment Trust Announces New Lease Agreements at Queen and Portland Development Project
  

July 2009

• Hypo Real Probe May Call Merkel to Testify on Government Rescue
  
• Loblaw to tap Asian market
  
• Credit Suisse real estate vets open own firm
  
• Suncor, Petro-Canada deal a go but must sell 104 Ontario gas stations
  
• Tower's future up in the air as Yonge-Bloor site being sold
  
• Hypo Real Estate may need more than $14 billion
  
• Canada's best and worst run cities
  
• Families will look elsewhere, says builder
  
• Microsoft to Open Retail Stores Next to Apple's
  
• Canada Buys C$2.33 Billion of Bank Mortgages, Less Than Offered
  
• ING disposing of seven-property Ottawa industrial portfolio
  
• South-end plaza to get facelift
  
• Conference Board says slump all but over, growth to rebound 2.7 per cent in 2010
  
• Could bonds pull mortgage rates down even more?
  
• Tim Hortons opens 12 New York City stores
  
• Local film industry booming
  
• Report says south end may get a rec centre
  
• Quaker Steak & Lube(R) Launches International Expansion with Opening of First Canadian Restaurant
  
• Tim Hortons snaps up 12 Dunkin' Donut stores
  
• Building up the waterfront
  
• Battle over development fees heats up in Oakville
  
• Canadian coffee giant set to open in Big Apple
  
• CBC eyes $125M real estate sell-off
  

June 2009

• Plazacorp announces five new developments
  
• Del Ridge Homes announces an industry first - a condominium with zero Condo Fees
  
• Homestead buys Sandy Hill apartment tower for $13M
  
• Tim Hortons Canadian again
  
• Bank lending sees third steep drop
  
• Moody's Pricing Index Shows Worst One-Month Decline in April
  
• Rental markets have softened over the past year but not by much
  
• Vacancy Rates in Seniors' Housing Residences at 10.2 per cent
  
• Medical office buildings buffered from real estate slide
  
• Burlington new home site sells out in six hours
  
• Province extends tax break for home builders
  
• Chinese drywall creating crisis
  
• Office sublet market soars 75% as businesses cut back
  
• City slowly unfolds plans for York Road land
  
• Downtown Kitchener, Ontario library to get $25 million makeover
  
• Retailer's subsidiaries get creditor protection
  
• Opportunistic CRE Investment Heats Up
  
• Toronto Real Estate Board: Over 600,000 Square Feet Leased in May
  
• Bank, CMBS Defaults Continue Record Setting Increases
  
• Solar farm restrictions ignite heated debate
  
• A huge gamble on Markham Asian mall
  
• Developers blue over green roofs
  
• Foreign Investors: US Real Estate to Recover in Q2, 2010
  
• RBC says economy will shrink 2.4 per cent this year but grow in 2010
  
• Six Flags rides into bankruptcy protection
  
• Bank of Canada says risks to banks unchanged
  
• AIG Headquarters Sale Makes Splash in Quiet Manhattan Investment Market
  
• Homburg Invest Inc. announces new strategic direction
  
• Signature building to sit in heart of old city
  
• German retailer Arcandor files for bankruptcy
  
• German government holds 90 pct of Hypo Real Estate
  
• Rising U.S. interest rates signal "hyperinflationary depression"
  
• Laura Secord faces off against Tim Hortons
  
• RioCan bucks the recession
  
• Canadian REITs stronger than U.S. peers
  
• REITs offer piece of the pie with less of the risk
  
• Hotel Indigo Adds Two Canadian Properties To Its Portfolio
  
• Ontario jobless rate hits 9.4 per cent
  
• Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010
  
• Prices dropping for office space
  
• InterRent REIT Among Canada's Fastest Growing Companies For Second Consecutive Year
  
• Federal offices excluded from planned asset sale
  

May 2009

• RioCan stays the course
  
• Green-roof plan gets green light
  
• REIT Buyer Website shows how to get a good Return Investing in Real Estate
  
• Would you live near a former prison?
  
• Loblaw requests more space for east project
  
• German government seeks better bids in battle for GM's Opel unit
  
• Big U.S. skyscrapers going cheap
  
• Commercial real estate to remain weak, NAR says
  
• Home construction to struggle, CMHC says
  
• The big Canadian borrowing squeeze
  
• U.S. foreclosures hit record in April
  
• Oshawa reels as truck plant closes
  
• 'Large disconnect' between asking and effective rental rates
  
• Toronto's waterfront cash in jeopardy
  
• Hortons plans big expansion
  
• Kitchener cookie firm could emerge from bankruptcy
  
• It's a GO for Toronto link
  
• Numbers Tank for Hypo Real Estate
  
• A&W Food Services of Canada Celebrates Opening of 700th Restaurant
  
• Shoppers shrugs off recession
  
• Sears focused on its real estate
  
• Don Mills gets a heart transplant - and the future looks bright
  
• Berlin raises stake in Hypo Real Estate
  
• Brookfield Asset Management looking to acquire real estate holdings
  
• City (Toronto) builds bridge with developers
  

April 2009

• Tim Hortons Inc. Building $30-Million Coffee Roasting Facility in Hamilton, Ontario
  
• Guelph fund to buy Quebec infrastructure firm
  
• Winnipeg jeweller defies slump with 7 new stores in Ontario, Alberta
  
• Forzani to cut banners, boost sales
  
• Australian coffee giant hot for Canadian spots
  
• Couche-Tard acquires On the Run
  
• J.C. Flowers Has No Allies in Battle Over Hypo Real Estate
  
• Greater Toronto Area commercial real estate investment volume falls to lowest level in a decade
  
• Sears tries new tack in store wars
  
• Consumer-led economic recovery on the way: survey
  
• Homestead buys Nepean highrise for $22.5M
  
• Retail sector holds out with high prices
  
• Caisse takes possession of New York office tower
  
• Don Mills centre will be the anti-mall
  
• Food court king buys Country Style
  
• Greens, builders both raining on green-roof plan
  
• Breaking new ground in Caledon East
  
• Vancouver-based Concert Properties plans five residential rental buildings for Toronto
  
• Forzani opening new stores despite economic turmoil
  
• Jobless rate rises again- (Waterloo Region)
  
• Survey suggests consumers' negativity has reached bottom
  
• Toronto a suburb? It's begun
  
• Conference Panel sees quiet year for market
  
• Consider renegotiating that lease
  
• Grant to help develop e-health records
  
• Cambridge auto parts maker Polymer to close its doors
  
• Goodwill gussies up image, expands stores
  
• Cheese company builds Canada's first LEED Platinum-certified industrial facility
  
• Germany Moves Closer to Nationalizing Lender
  
• Canadians consumed by consumption
  

• No solution, lots of talk at Hanlon meeting
  
• MTE keeps growing and thriving
  
• Rockwell closes plant, lays off 115
  
• One World Trade Center Gains First Tenant
  
• 1,200 'green jobs' in works for Kingston
  
• Commercial real estate loan defaults skyrocket (U.S.)
  
• CPPIB going on a buying spree
  
• Moevenpick to relaunch Marche brand
  
• Outback Steakhouse closes Ontario restaurants
  
• Pier 1 Imports Closing 80 Stores in Coming Year
  
• Ernst & Young Report: RE Investors Should Go 'Back to Basics'
  
• Unisex stores' share of mall space rising
  
• Hotel Investment Activity in Canada Witnesses Significant Decline According to Colliers International Hotels' Annual Report
  
• Solar energy giants discovering Ontario
  
• Guelph firm eyes camouflage contract, 100 jobs
  
• Office vacancy rate below national average
  
• Real Estate Investing-Newbie Beware Blog Launches
  
• German Lawmaker Committee Backs Hypo Real Nationalization Bill
  
• Costco to snap up property while prices are low-CEO
  
• Canadian retail sales rebound in January
  
• Calgary office market luring foreign investors
  
• Commercial real estate vacancy rates rise in first quarter; survey shows
  
• Hockey megastore to enter Western Canada with Calgary, Edmonton locations
  
• Comcast, Sony open retail store
  
• RioCan Real Estate Investment Trust Announces Completion of Acquisition of Six Property Grocery-Anchored Quebec Portfolio
  
• IMF report hailed as proof Canada better off than many
  
• RIM leads charge in tech sector hires
  
• Guelph unemployment jumps, but city remains better off than province
  
• XSite Validation Provides Banks and Real Estate Professionals With Fast and Inexpensive Way to Evaluate Commercial Properties
  
• Sears Tower to become Willis Tower
  
• BOMA Toronto's CDM Program launches new website
  
• German bank Eurohypo to lend in UK again
  
• Tories ready to roll out massive stimulus package
  
• A building with brains - and good looks
  
• World Trade Center rebuild brings 26K jobs to NYC
  
• Real estate experts: Investment opportunities on horizon
  
• Mortgage market growth cut in half since mid-2008
  
• Canadian property markets cushioned for 2009
  
• Big banks cut lending rates
  
• CAA to close 7 stores, putting 120 out of work
  
• Calloway REIT best bet in troubled real estate space
  
• Triple A-rated CMBS and ABS securities good bet
  
• Bell buys 756 electronics stores from The Source
  
• Sears Canada Launches Sears Certified Real Estate Services
  

February 2009

• Waterloo furniture plant to close
  
• Loss of manufacturing jobs detailed
  
• Not moving courts would cost taxpayers $3.5M: report
  
• German cabinet backs plan to nationalize Hypo Real Estate
  
• It's boom times for pawnshops
  
• Canadian real estate returns fall to 14 year low, says IPD
  
• Real estate sales in Canada predicted to fall back to 2000 levels
  
• Global Investment in CRE Down 59 Percent in 2008
  
• Development is first in Canada to be built entirely to platinum eco-standard
  
• Germany mulls short-term law to grab Hypo-sources
  
• Spurning downturn, Microsoft opens retail stores
  
• Renting's low cost, high demand
  
• CPPIB outperforms in brutal market
  
• Realex Properties first quarter financial results
  
• Euro property markets move towards 'fair value'
  
• Half-built sites cast shadow over NY economy
  
• New Reporting Requirements For Real Estate Developers
  
• U.S. retail sales up 1 per cent in January
  
• Merkel May Nationalize Hypo;
  
• Saving cash on borrowed money
  
• What next in REIT takeovers?
  
• Cineplex profit gets four stars
  
• Shoppers, Canadian Tire beat forecasts
  
• Hypo Real Estate to get another ¬10B from state
  
• Recession? McDonald's is lovin' it
  
• Guelph firm gets nod for good management
  
• Homes construction under way at Trump's Toronto tower
  
• Talon invests $4.75-million in Liquidation World
  
• Hudson's Bay Co. chops 1,000 jobs
  
• Vaughan paves way for huge project
  
• Lowe's and Ikea plan growth in Canada
  
• Germany Says Hypo Real Too Big to Fail
  
  
  

January 2009

'Business as usual' at Smurfit-MBI plant

Evolution of a fast-food giant

Group backs Lafarge plans

German Government Is Moving Closer to Nationalizing Hypo Real

Bank of Montreal closing 107 'kiosk' outlets

Housing downturn closes carpet Giant

A&W continues to grow in 2008

Domino's Pizza Canada Opens 300th Store

Highlights of the Canadian Economic Plan

New wind farms will whip up investment, jobs, extra electricity

McDonald's beats outlook, plans new stores

2008 Real Estate Investment Activity Falls 22% in the GTA

Source fields bids for Canadian stores

Toyota may be eyeing more than 1,000 full-time job cuts

No plans in place to move court

City hall ready by mid-March: report

Feds invest in $5.35M digital media research centre in Kitchener

Vaughan Mills Leaps into Partnership with Bullfrog Power(TM)

Pizza Pizza Opens 37 Restaurants. Increases Market Share to 50%

Ikea planning its biggest store in Canada

Retail sales fall in biggest drop since 1998

Home Depot pulls out of RioCan REIT Toronto project

RioCan to Buy Montreal Retail Portfolio from ING for $67M

Hypo Real Estate gets euro12B more in state funding

Canadian Tire stops selling online

Banks provide relief with mortgage cuts

Restructuring of $32-billion ABCP market begins

The commercial property downturn, then and now

Circuit City to liquidate U.S. stores

Two local firms make 50 best list

Toyota to cut nine more production days

Sleeman's first million

Nortel files for bankruptcy protection

Guitar heroes

Wal-Mart Canada opens environmental demonstration store

FACTBOX: Recent retail bankruptcies

Despite Low Confidence, CRE Investors Plan Portfolio Increases

Global property investors see surge in spending

Toronto apartment vacancies tighten up

$32-billion ABCP rescue plan gets green light

Specialty retailers face tight purses

Discount retailers to become retail super powers

Housing starts end year with a thud

Townhouse demand prompts Cambridge to change building plan

City below provincial unemployment figures

City staff navigating drive-thru controversy

Linamar confirms further cuts

LaSalle: Real estate valuations to fall in '09

Real Estate in Cuba: Hot with Speculation

Investment in commercial real estate in Europe down 55%

Housing market not collapsing: builders

Beware the next bubble - bonds

Tie Rack hangs it up in Canada

Shopping for bargains of a different kind

Efficiency rules kick in for new Ontario houses

Market's ripe for real estate investors

Canadian Retailers: A Year in Review



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