Panattoni's recent acquisition of the 100-acre Twin Willows Business Park site in northwest Edmonton may appear to be a routine land transaction. However, when viewed alongside the company's broader Alberta portfolio, it provides insight into how large industrial developers view the province's long-term growth prospects. The Twin Willows site has the potential to accommodate up to 2 million square feet of future industrial development and represents Panattoni's latest inves

Concert Properties and Brookfield have announced a joint venture involving an eight-property Canadian industrial portfolio totaling approximately 5.3 million square feet and valued at roughly $1 billion. The portfolio includes assets in major markets such as Calgary, Vancouver, Toronto and Ottawa. The transaction is another signal that large institutional investors continue to view well-located industrial real estate as a long-term investment priority. Fully leased assets wit

Recently released 2024 data from Statistics Canada highlights the scale and momentum of interprovincial trade in manufactured and wholesale goods—with Alberta emerging as a key contributor. Alberta recorded the largest year-over-year increase in interprovincial wholesale trade, rising +$10.1 billion The province also saw a +$2.1 billion increase in manufactured goods sales, among the highest nationally Wholesale trade flows between Ontario and Alberta grew by $6.9 billion (+5

When looking across small and mid-sized businesses, the distinction between goods and service firms is also a distinction in where they operate. Goods-producing businesses are largely concentrated in retail, manufacturing, and wholesale activities, while service-oriented firms are spread across professional and business services, construction, hospitality, and health-related fields. Firms that blend both models tend to show up most often in retail, construction, and manufactu

Deloitte’s Future of Real Estate in Canada report suggests a cautious but improving outlook for 2026, with capital slowly returning to the market and leasing decisions becoming more deliberate. Economists are forecasting stronger residential investment growth and a modest rebound in non-residential investment as borrowing conditions improve. At the same time, performance across asset classes remains uneven. Industrial, multi-family, and data-centre properties continue to lea

A European-backed data centre proposal could represent up to $12.8 billion in investment across Alberta, positioning the province as a major hub for AI-capable computing infrastructure. The project, led by Data District (Alcral AG) in partnership with Technologies New Energy PLC, begins with a €780 million first phase in Olds, north of Calgary, with long-term plans targeting 1 gigawatt of capacity across multiple facilities. Key drivers behind Alberta’s selection include: Abu

Alberta’s government is proposing amendments to Bill 8 that would give the province more flexibility in how large-load users — including AI data centres — connect to the grid. The changes would allow certain projects to pursue self-supply or bilateral power arrangements, opening a potential path for new data centre development despite current grid-capacity constraints. For Calgary and the surrounding region, these changes could be significant. Data centres require high-load

Spanish billionaire Amancio Ortega, founder of Zara and controlling shareholder of Inditex, continues to expand his Canadian real estate footprint through his investment firm, Pontegadea. Over the past decade, Ortega has steadily acquired a collection of high-quality office and industrial assets across major Canadian markets. His Canadian purchases include: • 150 Bloor St. West, Toronto (2014) — Acquired for $255 million • Royal Bank Plaza, Toronto (2022) — Landmark office

A new National Bank report shows real investment in industrial machinery and equipment has fallen to its lowest level since 1981—starkly...

A new National Bank report shows real investment in industrial machinery and equipment has fallen to its lowest level since 1981—starkly...

Alberta has unveiled a new levy targeting large-scale, grid-connected data centres consuming 75 megawatts (MW) or more. Starting December...