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Latest Stories

Choice Properties REIT Acquires $340M in Commercial Assets

Choice Properties REIT has acquired $340 million in investment properties in 2025, including a $182.3 million purchase of a Loblaw distribution center in Ajax and eight industrial outdoor storage sites for $158.0 million. Additionally, a Brampton retail property was acquired for $33.7 million. The REIT invested $44.1 million in development.

Revised Development Plan in Brampton Grows to 4 Towers

Brampton's Planning and Development Committee approved a revised proposal for redeveloping the Apple Factory farm market site at Bovaird Drive and Mississauga Road. The plan now includes four towers, up to 35 storeys, and three blocks of 3-storey townhouses, totalling 1,240 units and 4,816m² of amenities.

Brampton Waives Rental License Fees for 2025

Brampton's Residential Rental Licensing (RRL) pilot program, aimed at regulating illegal rentals, will waive its $300 application fee for the rest of 2025. As of now, 3,227 units have been licensed. Initially controversial, the program has undergone refinements. Mayor Brown estimates that 100,000 people live in illegal rental units across the city.

6 Towers Proposed Near Georgetown GO in Halton Hills

A proposed development at 130 Mountainview Road North near Georgetown GO station would be the largest in Halton Hills. The project includes six towers ranging from 17 to 22 storeys, featuring 1,481 residential units and 5,924m² of amenities. The 2.85 hectares site is within the Georgetown GO Major Transit Station Area.

32-Acre Site in Brampton Sold to Industrial REIT

Dream Industrial REIT has acquired a 32-acre site at 2000 Williams Parkway in Brampton, adjacent to the Stellantis manufacturing campus. The land is currently used as a parking lot for the facility. Dream acquired the site through a competitive bidding process and plans to turn it into an industrial development.

Manga Hotel Group Acquires 3-Tower Site in Brampton

Manga Hotel Group has purchased a Brampton development site approved for three high-rises with over 1,000 residential units. The site, spanning almost 4 acres at 253 Queen Street East, was placed under receivership in early 2024. CBRE managed the sale, which was finalized after a competitive bidding process.