Nunastar Properties Inc. Corporate Profile


To create places where people love to stay, gather, work and play.


We are Northern Canada's premier owners, developer, and manager of residential, hospitality and commercial properties and the best employer to work  with.


Headquartered in Edmonton, Alberta, Nunastar Properties Inc. is one of the leading residential and commercial real estate companies in Canada's North.  Nunastar is also one of the largest hospitality and lodging providers in the North.

For over 50 years, Nunastar has played a key role shaping Iqaluit real estate as both developer and property management company behind the Astro Hill development.

Nunastar's real estate holdings in Iqaluit include 100,000 sq. ft. of commercial and retail space in Astro Hill and 350 residential apartment units and townhouses.  The Astro Hill complex includes an indoor mall with access to the 95-room full-service Frobisher Inn hotel along with a fitness centre, a movie theatre, a restaurant, a coffee bar, a bar and grill, a convenience store and the Government of Nunavut offices in the W.G. Brown Building, the largest office building in Iqaluit. Two apartment towers totaling 180 residential suites plus main floor commercial suites and hospitality facilities are all accessible from the proposed premises attached to the mall.

In the spring of 2021, the North West Company will also open Iqaluit's largest retail health store and pharmacy with direct access from the Astro Hill mall. The North West Company store will offer eyecare, telehealth, pharmacy services, fresh food and other services.

Future residential development projects will include the construction of new mixed use commercial and residential buildings in various locations throughout Astro Hill.

Nunastar Properties also owns and operates:

Frobisher Inn – Iqaluit, Nunavut

The Frobisher Inn is the largest full-service hotel in Canada's Eastern Arctic with 95 guest rooms, variety of contemporary dining and food options including a fine dining experience at our Chef's Table and a flexible 440 person conference centre. The Frobisher Inn offers top rated service  for the business traveler, adventurer, or for a team that is looking for a unique and special  place to hold your next event.

The Explorer Hotel – Yellowknife, Northwest Territories

The Explorer Hotel is the premier full-service hotel in Canada's North with 259 guest rooms, variety  of contemporary dining options and 7,500 square feet of flexible meeting and conference space.  The Explorer Hotel offers top rated service for the adventurer, business traveler or for a team  that is looking for a unique and special place to hold your next event.

Nunastar Properties Inc. is part of the Touchstone Holdings group of companies – a privately held Canadian corporation focused on investment and asset management. For over 50 years, Touchstone Holdings Ltd. has built its business as an owner and operator of alternative assets, including real estate, oil & gas and private equity.  Touchstone is headquartered in Edmonton, Alberta.