Kristian Gravenor

Montreal

News Reporter at CoStar Group

Journalist at Freelance

Author Montreal 375 Tales and celebrated paragon of moral rectitude

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Articles

Nexus Industrial REIT sells interest in Quebec retail properties as it specializes in warehouses

1 week ago | costar.com | Kristian Gravenor

Toronto firm on its way to becoming pure-play industrial real estate investment trustBy Kristian Gravenor, Garry MarrCoStar NewsApril 11, 2025 | 2:38 P.M. Nexus Industrial REIT has all but reached its long-standing goal to become a purely industrial real estate industrial trust with the sale of its stake in 16 properties in Quebec. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
Montreal office sector reels amid US-Canada trade war

2 weeks ago | costar.com | Kristian Gravenor

Montreal is not considered one of the cities most at risk as the trade war between Canada and the United States plays out, but its office real estate sector is experiencing the sharpest pain of major Canadian cities so far this year as occupiers leave aging space for top-quality buildings. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is available exclusively to CoStar subscribers.
More than 5,800 homes planned in expansion at Montreal shopping centre

2 weeks ago | costar.com | Kristian Gravenor

Apartments, condos, hotel, retail and green space also would be built at Place VersaillesApril 9, 2025 | 4:03 P.M. Homes soon could replace parking spaces at the Place Versailles shopping centre in Montreal as part of a plan to add 6,000 residential units at the mall property. A retirement home, a hotel, retail outlets and green spaces also are in the works. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
Dollarama to open in Mexico earlier than planned

2 weeks ago | costar.com | Kristian Gravenor

Dollarama plans to speed up its quest for further global expansion by accelerating its move into the Mexican market by one year, less than two weeks after saying it would purchase a discount chain in Australia. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is available exclusively to CoStar subscribers. Sign Up For a Demo To Learn More. Explore CoStarAlready A Subscriber? Sign InHave feedback or questions?
Savills adds new investment sales team as it looks to expand in Quebec

2 weeks ago | costar.com | Kristian Gravenor

Savills is expanding its team in Quebec with a group of veterans who plan to launch the brokerage's investment sales team as it seeks to grow in the province. The team led by Executive Vice Presidents Robert Metcalfe and Jean-Pierre Gagnon "will be responsible for growing the firm’s capital markets presence by advising clients on portfolio strategy and overseeing investment sales transactions," Savills said.
Trade war curbs Canadians' desire to travel to US

2 weeks ago | costar.com | Kristian Gravenor

The U.S.-Canada tariff dispute has led to fewer Canadians making trips south of the border. Flight bookings, border crossings and short-term rentals have dropped as the countries spar over tariffs. Mitch Vaughan, a former Montrealer who has been selling condos in Puerto Vallarta, Mexico, since 2020, said he's noticed another indicator: More Canadians have been shopping for homes in his area since the Trump administration came into the White House in January.
Developer consortium gets green light to build more homes than expected in massive Montreal project

3 weeks ago | costar.com | Kristian Gravenor

A group of Montreal real estate developers is applauding a new master plan for the Bridge Bonaventure industrial zone that will allow them to build 13,500 homes in the area, roughly 6,000 more than the city had previously committed to permit in the area. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is available exclusively to CoStar subscribers. Sign Up For a Demo To Learn More.
Fledgling self-storage Margaux REIT recruits Luc Poirier as president

3 weeks ago | costar.com | Kristian Gravenor

Luc Poirier, who has become well known in Quebec real estate circles for his deals and social media clout, has been named president of a self-storage real estate investment trust. Poirier, whose land deals have made him roughly $1 billion, joined forces with retired Quebec judge Michel Lassonde to lead Margaux REIT, a publicly traded company that launched mid-March on the TSX Venture Exchange under stock symbol ALFA.UN.
Proposed cuts to CBC could empty office properties across country

3 weeks ago | costar.com | Kristian Gravenor

Dozens of office properties occupied by the Canadian Broadcasting Corp. in the 10 provinces and three territories of Canada could go vacant after the federal election if the Conservative Party wins and forms a government. The Conservatives, led by Pierre Poilievre, have long pledged to slash funding for the English side of the CBC, or Radio Canada, as it is known to French Canadians.
Proposed cuts to CBC could lead to empty office properties across country

3 weeks ago | costar.com | Kristian Gravenor

Dozens of office properties occupied by the Canadian Broadcasting Corp. in the 10 provinces and three territories of Canada could go vacant after the federal election if the Conservative Party wins and forms a government. The Conservatives, led by Pierre Poilievre, have long pledged to slash funding for the English side of the CBC, or Radio Canada, as it is known to French Canadians.