Reseau Selection’s retirement empire growing

Reseau Selection’s retirement empire growing

Réseau Sélection has committed $250 million to five new Quebec retirement residences as part of its five-year, $2-billion expansion plan that will build 30 new communities and 18,000 units by 2020.

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Experts optimistic about Vancouver office market

Fears downtown Vancouver’s decade-high office vacancy rate would balloon much higher hasn’t materialized the way many thought it would, experts said Wednesday at the Vancouver Real Estate Forum.

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PC urban re-imagines Vancouver industrial

Industrial land supply is the biggest issue facing commercial real estate developers in Vancouver. A recent study by Port Metro Vancouver found the current supply of trade-enabling industrial land in the Lower Mainland will be exhausted roughly within the next 10 years.

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Arts Court residential component underway

Construction is underway for ArtHaus, an 89-suite condominium and boutique hotel property that will be part of the innovative Arts Court complex in Ottawa’s ByWard Market.

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Fortress remains bullish on GTA housing market

The Greater Toronto Area (GTA) housing market shows few signs of slowing down, while conditions in Calgary, Edmonton, Ottawa and Winnipeg are also healthier than some might expect.

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Craig Wright, the fascinating economist

Here’s an opening I never thought I’d write: “I just got to know a fascinating guy. He’s an economist.” Craig Wright, RBC EconomistCraig Wright, the chief economist of the Royal Bank of Canada, will be in Vancouver on April 21 to deliver a speech to the Urban Development Institute.

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Five key benefits of motel investing

During my commercial real estate career, I have had the opportunity to represent many different motel buyers and sellers throughout Saskatchewan.

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Are millennials still interested in buying homes?

Canada is in the midst of a rental housing boom, every major city is building at near-record-level highs. As of February 2016, there were 2,307 rental units under construction in Calgary, compared to the 20-year average of 359 between 1995 and 2014.

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Six months ago: RioCan REIT snaps up Kimco’s Canadian properties

RioCan REIT today snapped up 22 properties from joint venture partner Kimco Realty Corp. for $715 million. The deal breaks down as RioCan (REI.UN-T) seizing on the opportunity to buy a big block of assets while U.S.-based Kimco (KIM-N) is likely looking at current highs as a good point to exit Canada.

Property Biz Canada

One year ago: Waterfront Toronto development just getting started

The energy-dependent Western half of the country may be suffering from slumping energy prices and the East is yet to feel the export tailwind from a lower loonie, but that doesn’t faze CBRE Hotels’ dealmakers who have seen first-hand an increase in activity across the country. 

Property Biz Canada

	REITs & REOCs – Fourth-quarter 2015 report
	RENX has prepared a table with a convenient list of the companies and a summary of links to their reports that will be updated quarterly. Fourth-quarter results are now arriving. Canadian REITs & REOCs – Fourth-quarter 2015 report

 

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