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Empty office tower ‘skews’ New West vacancy rate
Empty office tower ‘skews’ New West vacancy rate
The Metro Vancouver city of New Westminster is centrally located, with relatively affordable home prices, a compact downtown core, and well-connected to the region by two SkyTrain stations. It all adds up, presumably, to a strong office climate. Unfortunately, an empty Anvil Centre Office Tower helps hurt those numbers.
JLR’s Bee Commercial caters to CRE stakeholders
Bee Commercial is hoping to create a buzz among commercial brokers with the launch of its new Canadian online commercial listing service. The listing service was launched in late January at the Banff Western Connection, a conference organized by the Canadian Real Estate Association (CREA) and several provincial real estate associations.
Quebec leading in seniors rental housing
The Quebec model in which affordable rental housing is offered to seniors is starting to see traction in the rest of Canada, conference-goers at the recent Quebec Apartment Investment Conference in Montreal were told.
Durham housing market should remain hot in 2017
Home sales and prices in Ontario’s Durham Region rose significantly last year, and early indicators show no reasons for that trend to slow in 2017.
Homeownership a wise goal for all Canadians
Over the past few years, demographics regarding homeownership in Canada have changed, especially for those entering the marketplace – largely because of rising home prices. The great news is that first-time buyers are still finding ways to become owners, just a little later in life.
Six months ago: GTA boom behind new Fiera Properties fund
Fiera Properties Ltd. is launching a new, five-year closed end investment fund designed to capitalize on the rapid and seemingly unstoppable growth of the Greater Toronto Area. The firm’s new GTA Opportunity Fund, currently with committed capital of $55 million after its first closing in July 2016 is currently raising additional investor capital for its second closing, scheduled for late 2016.
One year ago: Montreal’s largest brick and beam Le Nordelec for sale
Montreal’s Le Nordelec, one of the largest brick and beam office buildings in North America, is for sale. Le Nordelec includes about 790,000 square feet of office and retail space spread out over eight storeys that’s being sold based in a bidding process to take advantage of market conditions.
| Property Biz Canada, February 22, 2017 |
| CT REIT caps off busiest acquisition year Property Biz Canada, February 22, 2017 |
| Food market central to Upper Canada Mall reno Property Biz Canada,February 22, 2017 |
| SmartREIT teams up with SmartStop on self-storage Property Biz Canada,February 22, 2017 |
| Quebec regulations stifling apartment renovation: Group Property Biz Canada, February 22, 2017 |
| Toronto’s iconic 205 Yonge St. property up for bids Property Biz Canada, February 22, 2017 |
| Time for an Ontario ombudsman for residential property assessments? Value: Weighed and Measured, February 22, 2017 |
| Ode to the mall The Saskatchewan Edge, February 22, 2017 |
| Best of Biz six months ago: Are REITs getting into riskier development? Property Biz Canada, February 22, 2017 |
| Best of Biz one year ago: Waterloo next step in Regus expansion Property Biz Canada, February 22, 2017 |
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