Choice Properties to redevelop Golden Mile site

Choice Properties to redevelop Golden Mile site

Choice Properties Real Estate Investment Trust has unveiled a long-term plan to revitalize and redevelop its Golden Mile Shopping Centre in Toronto. “One of Choice Properties’ main avenues of growth and value creation is to invest in its properties to add value and improve usage,” said vice-president of investor relations and business intelligence Kim Lee.

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A decent year for REITs shaping up for 2017: Timbercreek

Given the uncertainty of a Donald Trump-led U.S., continuing economic and political uncertainty in Europe and a U.S. Federal Reserve that seems hell bent on pushing up interest rates in 2017, this looks like a down year for international REITs, right?

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Gupta Group launching ICONA Condominiums in Vaughan

Sales will begin for The Gupta Group’s ICONA Condominiums, near the heart of the evolving Vaughan Metropolitan Centre in Vaughan, Ont., on Jan. 25. “There will be two towers, 51 storeys and 53 storeys, with a large three-storey podium facing Highway 7,” said Steve Gupta, chairman and chief executive officer of The Gupta Group and president and CEO of the Easton’s Group of Hotels.

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London’s CF Masonville continues redevelopment

The recent redevelopment of CF Masonville Place has paid major dividends, so Cadillac Fairview aims to keep that momentum going with further investment in the London, Ont. mall. CF Masonville Place’s redevelopment, which started in 2015, was the first major renovation and expansion to the shopping centre since it opened in 1985.

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Canada at the mercy of every twitch and grunt in 2017

It’s time for cautious investors to tread carefully and even the most daring to check and recheck their facts before signing on the dotted line. The more I look around to better gauge what direction fickle economic winds might blow, the more it all comes back to political uncertainties.

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Ottawa is newest Canadian market for BOXX Modular

BOXX Modular continues to move into new markets with its range of modular buildings, with an Ottawa branch now being the latest to open. “We are interested in any markets with a demand for ongoing public infrastructure and construction growth,” said Trevor Haynes, chief executive officer of BOXX Modular’s parent company, Black Diamond Group.

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Steady as she goes, in Saskatoon CRE

ICR has collected the fourth quarter results for 2016 and though commercial vacancy remains higher than average in some sectors, overall the numbers have not changed drastically over the past year.

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Six months ago: Slate has monopoly at Toronto’s Yonge and St. Clair

Five office buildings near the intersection of Toronto’s Yonge Street and St. Clair Avenue were the jewels in Slate Asset Management’s 2013 acquisition of GE Capital’s Canadian real estate holdings, and Slate has since added three more nearby properties as it looks to revitalize the neighbourhood.

Property Biz Canada

One year ago: Colliers, SVP Scott Chandler in a satisfying role

Most people would view going from the top job of president and CEO at one company to senior vice-president at another as a step down. Not so for industry vet Scott Chandler. “It’s liberating,” he said. “I enjoy management, I love the work though. I love the client relationships when you are in the midst of doing work for clients. That for me is a much more satisfying feeling than helping other people do it.  I like getting my hands dirty.”

Property Biz Canada

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