Anthem and partner make major Vancouver land purchase

Anthem and partner make major Vancouver land purchase

Anthem Properties and an undisclosed Canadian institutional investor have purchased Grandview Properties Park in Vancouver. Grandview Properties Park is on the Vancouver-Burnaby border and encompasses the block, a location easily accessible to SkyTrain and two major transportation routes.

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Alcohol sales in supermarkets a boost to asset values

Commercial real estate experts say that adding alcohol sales to supermarkets is a no-brainer that will boost asset values and sales for grocery companies that secure the highly-coveted licences. The sale of wine in grocery stores was launched in October in Ontario joining British Columbia which has permitted wine sales in grocery stores since April 2015.

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What Canadians want in a national housing strategy

Nov. 22 was National Housing Day in Canada, and the federal government used that as a platform to release a report titled “What We Heard,” an analysis of consultation feedback on what Canadians want in a new national housing strategy.

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BOMA Earth Award winner profile: Rockland Centre

Rockland Centre has long been recognized as one of Montreal’s top upscale fashion destinations, and now it’s been honoured as one of Canada’s greenest retail buildings. The FPI Cominar-owned and managed shopping centre in the city’s Mount Royal neighbourhood was recognized by BOMA Canada.

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RioCan-Boardwalk JV just the start for retail REIT

RioCan REIT this month announced the creation of a joint venture with Boardwalk REIT to develop a mixed use tower on part of the retail REIT’s Brentwood Village Shopping Centre in Calgary.

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First phase of Carré Saint-Laurent going ahead

A rundown strip of Montreal’s historic Red Light District is about to undergo major changes as part of a redevelopment project that saw its initial launch delayed by two years by the Quebec government.

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Why is world capital attracted to Vancouver Real Estate?

Real estate has traditionally been considered an illiquid asset. But in Vancouver’s red-hot market, that’s changing. Let’s look specifically at commercial real estate.

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We can’t afford to keep treating public infrastructure as a public asset

The Liberals want to create an “infrastructure bank.” We won’t get the full details until the 2017 budget, but we do know this much: This bank will operate at arm’s length from government.

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Six months ago: Cranson Capital’s Toronto condo REIT

The Toronto apartment rental market is hot but with little new product, existing building stock expensive and often locked up by long-term investors, it’s a tough play to get into. Toronto real estate investment firm Cranson Capital believes it has hit on a winning way for investors to benefit from the rental market.

Property Biz Canada

One year ago: Allied Properties’ mixed-use focus drives JVs

Five years ago, Allied Properties REIT discovered a winning formula. “What we realized was that we had so much opportunity inherent in our existing portfolio that the best way to take advantage of it in terms of managing risk and achieving the best possible outcomes was to collaborate with other best-in-class organizations,” explained Michael Emory, president and CEO of the company.

Property Biz Canada

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