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Starlight buys stake in Mississauga Executive Centre
Starlight buys stake in Mississauga Executive Centre
Starlight Investments, which has been busy acquiring multi-residential properties of late, switched things up last week with the purchase of a 50 per cent interest in the Mississauga Executive Centre. The 1.15-million-square foot commercial facility is sited on 26 acres at the intersection of Hurontario Street and Burnhamthorpe Road East.
Office sales a turning point for Montreal CRE
The recent sale of two downtown Montreal office buildings at premium prices marks a turning point for commercial real estate in the city, real estate insiders say. The buildings at 1350 and 1360 Rene Levesque Blvd. W. were purchased by GWL Realty Advisors.
Canadian hotel market remains in good shape
The Canadian hotel real estate market has enjoyed a strong period of performance growth. Brian Flood, who joined Cushman & Wakefield from CBRE Canada earlier this month, is looking to capitalize on that to expand the company’s hospitality services business.
Brookfield-backed group eyes greener buildings
Commercial real estate veteran Gordon Hicks, the chief executive of Brookfield Global Integrated Solutions in his day job, believes the industry can do a better job when it comes to reducing its environmental footprint and is doing something about it.
Commuter trains to deliver major growth in Montreal
Montreal’s new electric train project will provide a major boost to real estate development in parts of the city, members of the local real estate community heard at a conference this week. “For us, it’s major,” said Mario Monette, president and CEO of Technoparc Montréal, a major science, health and green technology industrial park in suburban Saint-Laurent. “It’s a game changer for us.”
Stability emerging in Saskatoon industrial sector
It’s been a long, hard road for the Saskatoon Industrial real estate market over the last few years, as vacancy skyrocketed from under 4% to over 10%.
Six months ago: GTA boom behind new Fiera Properties Fund
Fiera Capital Corp. unit 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.
One year ago: 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.
| Property Biz Canada, Thursday, March 23, 2017 |
| GWL’s longstanding love for apartments continues Property Biz Canada, March 23, 2017 |
| Cushman & Wakefield acquires Ashlar Urban Realty Property Biz Canada, March 23, 2017 |
| Title insurance pioneer Patrick Chetcuti retires Property Biz Canada, March 23, 2017 |
| Fortress pokes holes in rising home price theories Property Biz Canada, March 23, 2017 |
| Urban Land Institute tackles development gender gap Property Biz Canada, March 23, 2017 |
| The need to make tax rebates for vacancies fairer for everyone Capital Commentary, March 23, 2017 |
| Advisors obliged to provide innovative options The Strategic Broker, March 23, 2017 |
| Six months ago: Buying, selling continues for Dalfen North America Property Biz Canada, March 23, 2017 |
| One year ago: Why did Genesis CEO, CFO leave the company? Property Biz Canada, March 23, 2017 |
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