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Hines hires 2 industry vets to expand offerings in Canada
Hines hires 2 industry vets to expand offerings in Canada
Hines-sponsored investment offerings in the United States and Europe are now available to the Canadian wealth management market through a partnership between its broker-dealer affiliate, Hines Securities, Inc., and iCapital.
Killam sells Halifax apt. tower, continues development plans
Killam Apartment REIT (KMP-UN-T) has sold The James, a 108-unit apartment building in Halifax, for gross proceeds of $33 million.
Flames owners get options on commercial land
The Calgary Flames ownership group will have the option to acquire several commercial parcels of land as part of the $1.22-billion agreement in principle to redevelop Victoria Park and build a new arena to replace the Saddledome.
 | CRE Matters Valuation done right in low-deal environment is part art, part scienceRob PurdyExecutive Director, Colliers Canada’s Valuation and Advisory Services |
Goband proposes 80-storey mixed-use tower
Goband Investment has proposed an 80-storey mixed-use tower at 23 Toronto St. The SvN Architects+Planners-designed project would deliver 816 new residential units, plus commercial and retail programming to Toronto's eastern core.
Fiera sets records for Zero Carbon Building certifications
Fiera Real Estate has certified its first assets under the Zero Carbon Building - Performance standard, setting two Canadian records for certified industrial real estate and establishing a foothold for its 2040 net-zero carbon blueprint.
Vancouver's Bosa Waterfront finally complete
The Bosa Waterfront Centre, one of the more high-profile commercial real estate projects of the past half-decade or so in Vancouver, is complete. Bosa Waterfront, also known as 320 Granville, has been in the works since at least 2017.
A sneak peak at $70 million PNE Amphitheatre
Images of the new PNE amphitheatre designed by Vancouver's Revery Architecture have been released, showing a massive, curved roof covering a large outdoor venue space. The venue - with a capacity of 10,000 - is expected to cost around $70 million.
Why is Montreal planting a forest of high-rises?
OPINION: The redevelopment of the former Montreal Children’s Hospital, baptized Le Square Children’s, has emerged as a jumbled collection of wind-buffeted glass crates of up to 37 storeys that will not a community make.
Port of Montreal expansion costs soar to $1.4B
The rapid rise in inflation and higher construction costs have triggered a dramatic jump in the price tag for the Port of Montreal’s container terminal expansion project in Contrecoeur - from a $950-million ceiling to about $1.4 billion.
Remington Group, Reynolds to offer $1B for CTC, Senators
Vaughan-headquartered The Remington Group and Vancouver-born actor Ryan Reynolds are prepared to bid more than $1 billion US to buy the Ottawa Senators and the Canadian Tire Centre, according to NHL sources.
Krispy Kreme plans national expansion
Years after exiting a number of locations in Canada, doughnut chain Krispy Kreme is looking to expand its presence in the country with more cafes as well as theatre-style stores with drive-thrus.
Couche-Tard acquires 112 U.S. fuel, retail sites
Alimentation Couche-Tard (ATD-T) has reached an agreement to acquire 112 fuel and convenience retail sites to be carved out from MAPCO Express. The Tennessee, Alabama, Kentucky and Georgia sites are company-operated and most of the real estate is owned.
GIC buys Japanese warehouses from Blackstone for $800M
Singapore wealth fund GIC Pte is buying a portfolio of Japanese logistics assets from Blackstone Inc. for more than $800 million, in a deal the U.S. investment firm said was among the largest of its kind in the nation.
Vornado suspends dividend payouts through 2023
Vornado Realty Trust (VNO-N), one of the largest publicly traded REITs in the country and one of New York City’s biggest office landlords, won't pay owners of its common shares dividends for the rest of 2023, it announced Wednesday.
Greystar ordered to pay $860M after fatal crane collapse
A Dallas County jury has awarded more than $860 million in damages to the family of Kiersten Smith, a woman who was killed in 2019 by a crane collapse at a development by Greystar, the largest U.S. apartment manger.
CMHC forecasts 32% drop in new home construction
The Canada Mortgage and Housing Corp. predicts home building could plunge 32 per cent this year, due to the rising cost of building materials, a shortage of construction workers and higher interest rates.
Gen X fuels demand in cottage country
Amid the transfer of wealth from baby boomers, generation X leads the pack in recreational property transactions, with this buying cohort driving activity in 91 per cent of recreational regions surveyed, according to RE/MAX Canada's 2023 Cottage Trends Report.
GTA condo rents climb 15 per cent: TRREB
A first-quarter 15.1 per cent year-over-year hike in the cost of renting a one-bedroom condo in the GTA is setting the stage for a resurgence of buyers fed up with the high cost of paying a landlord, according to TRREB.
Van. to study infrastructure costs for housing densification
Metro Vancouver Regional District is performing a study to identify the costs of providing infrastructure and services to different forms and densities of housing. This includes exploring the costs for roads, water, sewage and public parks.
Industry Events
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Canada Real Estate Auction
Oct 22 2024
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Calgary Real Estate Forum
Oct 29 2024
Calgary TELUS Convention Centre
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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