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PROREIT Acquires 2 Industrial Portfolios for $136.8 Million

PROREIT Acquires 2 Industrial Portfolios for $136.8 Million

by Phil Hall | Jul 2, 2026 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has completed its $136.8 million acquisition of two industrial portfolios located in Quebec City, Quebec and Winnipeg, Manitoba. The Quebec City portfolio comprises 13 industrial properties totaling 611,924...
Hits and Misses for the Real Estate Week of June 22-26

Hits and Misses for the Real Estate Week of June 22-26

by Phil Hall | Jun 26, 2026 | Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Trump about-face on the bipartisan housing bill, a lack of natural gas services in a Brooklyn housing project, and an unlikely real estate advisor for Perez Hilton. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June...
National Competition to Restore Long-Vacant Official Residence of Canada’s Prime Minister

National Competition to Restore Long-Vacant Official Residence of Canada’s Prime Minister

by Phil Hall | Jun 26, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

24 Sussex Drive, the official residence of the Canadian prime minister which has not been occupied for the past years, is undergoing a makeover via a national design-and-build competition. CTV News reports the competition will be open to Canadian firms, with the Royal...
Survey Finds High Anxiety Levels Among Canadians Facing Mortgage Renewals

Survey Finds High Anxiety Levels Among Canadians Facing Mortgage Renewals

by Phil Hall | Jun 24, 2026 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A new survey has found one-third of Canadian mortgage holders expect to renew their home loans within the next 12 months, with two-thirds of those borrowers expressing anxiety about renewing at a higher interest rate. The survey, published by the nonprofit association...
Saudi Arabia Launches Portal for Real Estate Purchases by Foreign Buyers

Saudi Arabia Launches Portal for Real Estate Purchases by Foreign Buyers

by Phil Hall | Jun 24, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Real Estate General Authority (REGA), the Saudi Arabian regulatory agency responsible for the kingdom’s real estate sector, is now accepting applications for foreign real estate ownership through the “Saudi Properties” portal, the official platform for...
Century 21 Opens Dubai Office as Regional HQ for Middle East Operations

Century 21 Opens Dubai Office as Regional HQ for Middle East Operations

by Phil Hall | Jun 23, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Century 21 Real Estate LLC has expanded its brand to the United Arab Emirates, with the opening of a Dubai office that will serve as its regional headquarters for Middle East operations. The UAE operation is led by Peter Matthews, group CEO of Century 21 UAE and...
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