Real Estate Real Estate

GE HealthCare in its agreement to acquire Intelerad for US$2.3 billion

On November 20, 2025, GE Healthcare Technologies Inc., a leading global healthcare solutions provider, announced it has entered into an agreement to acquire Intelerad for a purchase price of US$2.3 billion in cash. Intelerad, which has operations in Canada and the U.S., is a leading medical...

Lead Office: Toronto Date Announced: November 20, 2025 Value: US$2.3 billion

Chartwell’s renewal of its at-the-market equity distribution program for the sale of up to $500 million of trust units

On November 6, 2025, Chartwell Retirement Residences (Chartwell) filed a prospectus supplement to renew its at-the-market equity distribution program (the ATM Program). The ATM Program allows Chartwell to issue up to $500 million of trust units from treasury to the public from time to time during...

Lead Office: Toronto Date Announced: November 6, 2025 Value: $500 million

SmartCentres in connection with its $500-million debentures offering

On November 12, 2025, SmartCentres Real Estate Investment Trust (SmartCentres) closed its previously announced private placement of $250-million aggregate principal amount of 3.599% Series AC senior unsecured debentures (the Series AC debentures) and $250-million aggregate principal amount of...

Lead Office: Toronto Date Announced: November 12, 2025 Value: $500 million

Nelnet Inc. in its agreement to acquire the student loan servicing business of Finastra in Canada

On October 23, 2025, Nelnet Inc., along with its wholly owned subsidiary Nelnet Canada, Inc., announced its agreement to acquire Finastra Holdings Limited’s Canadian student loan servicing business. Finastra’s Canadian student loan servicing business is...

Lead Office: Toronto Date Announced: October 23, 2025 Value: --

Floorspace in its acquisition of AnthemIQ's assets

On September 17, 2025, Floorspace Software Inc. (Floorspace) announced it had entered into a definitive agreement to acquire the assets of Anthem IQ, Inc. (AnthemIQ), a collaborative platform designed to simplify leasing and sales. The acquisition is intended to combine AnthemIQ’s intuitive...

Lead Office: Vancouver Date Announced: September 17, 2025 Value: --

Dream Summit Industrial LP in its $400-million senior unsecured debentures offering

On September 15, 2025, Dream Summit Industrial LP completed a private placement of $400-million aggregate principal amount of 4.173% Senior Unsecured Debentures. The Debentures were offered on an agency basis by a syndicate of agents led by RBC Capital Markets, Scotiabank and TD Securities...

Lead Office: Toronto Date Closed: September 15, 2025 Value: $400 million

Bird Construction in its $82.3-million acquisition of Fraser River Pile & Dredge

On September 3, 2025, Bird Construction announced its proposed $82.3-million acquisition of Fraser River Pile & Dredge (FRPD). The transaction follows Bird Construction’s 2024 acquisition of Jacob Bros. Construction and further expands its presence in Western Canada. FRPD is...

Lead Office: Toronto Date Announced: September 3, 2025 Value: $82.3 million

Ontopical in its acquisition by SOVRA

On August 18, 2025, SOVRA announced that it has acquired Ontopical. Ontopical is a Calgary-based government market intelligence platform designed to help companies win more work with local governments by detecting early signals of new business using AI. Among other things, this acquisition will...

Lead Office: Calgary Date Announced: August 18, 2025 Value: --

TELUS in its $1.26-billion wireless tower infrastructure partnership with La Caisse

On August 1, 2025, TELUS announced a partnership with La Caisse, who will acquire a 49.9% interest in newly formed Canadian wireless tower infrastructure operator Terrion for $1.26 billion. Terrion, a newly created — and Canada's largest — tower operator headquartered in Montréal, will...

Lead Office: Toronto Date Announced: August 1, 2025 Value: $1.26 billion

Chartwell in its $400-million debentures offering

On March 6, 2025, Chartwell Retirement Residences (Chartwell) closed its previously announced offering of $400 million aggregate principal amount of senior unsecured debentures. The offering included: (i) $200 million aggregate principal amount of 3.650% Series E senior unsecured debentures and...

Lead Office: Toronto Date Closed: March 6, 2025 Value: $400 million