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4 Luxe towers form part of 'new' downtown Richmond
4 Luxe towers form part of 'new' downtown Richmond
Vancouver developer Townline, in partnership with Canderel and QuadReal, has broken ground on its mixed-use Luxe project in Richmond, B.C., that includes three residential towers totalling 363 homes and a 12-storey class-AAA strata office tower.
staerk group launches Mont in downtown Montreal
staerk group announced the launch of Mont across from Concordia University in downtown Montreal. A boutique building composed of 11 floors, 85 units, staerk group and partners introduce a hotel-like approach to traditional long-term stays with all-inclusive, upscale units.
QuadReal pledges net-zero by 2050 for global portfolio
QuadReal Property Group, a real estate developer and investor headquartered in Vancouver, has announced it is targeting net-zero by 2050 for its global portfolio, and a short-term goal of cutting its emissions by 50 per cent by 2030.
 | CRE Matters Reform of Metro Vancouver’s planning regulations needed for TODsLilian KanDirector, Development Management, Colliers Strategy & Consulting, Vancouver |
Kubota Canada unveils new corporate HQ in Pickering
Kubota Canada Ltd., one of the country's leading tractor and compact equipment distributors, Wednesday celebrated the opening of its 565,000-square-foot Canadian corporate headquarters and distribution facility in the growing Pickering Innovation Corridor.
Spaceport Nova Scotia finally has construction lift-off
After years of planning, Spaceport Nova Scotia finally has construction lift-off. The venue being built on 335 acres was recently given the green light to proceed after Maritime Launch Services satisfied all the conditions under an environmental assessment.
Riendeau invests $5.8M in Repentigny Agtech Zone bldg.
Five minutes is the time it took to convince Éric Sansregret, Groupe Riendeau's vice-president of finance, to invest $5.8 million in a 27,000-square-foot commercial building, the first erected on the second site of the Agtech Zone in Repentigny.
Maple Reinders turns warehouse into storage facility
Richmond Hill's Vanguard Self Storage started out as a one-storey, 24,154-square-foot warehouse with office space at the front of the building. Maple Reinders' efforts to transform it into a new self-storage facility reached substantial completion earlier this year.
A sneak peak at Molson's new Longueuil factory
PHOTOS: On Wednesday, Molson Coors invited the media to tour its Longueuil brewery, built at a cost of $525 million. The brewing plant is notable for its automation and efforts to minimize its environmental footprint.
Aritzia soars in evolving retail landscape
Canadian retail darling Aritzia continues to stand out as a leader and trendsetter in a complex, roller-coaster retail environment. Aritzia saw net income rise 16 per cent year-over-year as both retail and e-commerce sales rose during the period.
Colonia Treuhand proposes 19-storey mixed-use
Colonia Treuhand Holdings proposes a 19-storey mixed-use building at 675 King St. W. near an Ontario Line subway station. The Sweeny&Co Architects-designed building would include 145 residential units and 24,251 square feet of office and retail space.
Goldhar invests $1.1M in SmartCentres yielding 7.3%
Executive chair of the board of trustees/CEO Mitchell Goldhar invested over $1.1-million in units of SmartCentres (SRU-UN-T). He acquired 44,100 units at an average cost per unit of approximately $25.33 for SC Financial Investments Inc.
Kroger strikes $24.6B deal for Albertsons
U.S. grocer Kroger Co. (KR-N) said on Friday it will buy smaller rival Albertsons Companies Inc. (ACI-N) in a $24.6-billion US deal, creating a supermarket behemoth to take on leader Walmart Inc.
U.K. CRE, London real estate take major hit
U.K. property values could fall by 20% after the government’s mini-budget last month led to a steep rise in borrowing costs for landlords, according to analysts at Goldman Sachs Group Inc.
Colliers buys Arcadia Management Group
Colliers has acquired a controlling interest in Phoenix-based Arcadia Management Group for an unspecified sum. Arcadia provides property management, project management and other services to over 60 million square feet of office, retail and industrial properties.
Loblaws won't be prosecuted for Rana Plaza tragedy
The Supreme Court of Canada has refused to hear from a group of Bangladeshi victims and parents who wanted to sue Loblaws after the deadly collapse of a clothing factory which left 1,130 dead and 2,520 injured.
Home prices down 6.6% year-over-year: CREA
Home sales fell by 3.9 per cent on a month-over-month basis in September and the MLS Home Price Index fell by 1.4 per cent as markets continued to adjust to higher borrowing costs, says the Canadian Real Estate Association (CREA).
CMHC economist predicts 15% housing price drop by Q2 2023
Canada Mortgage and Housing Corp.'s deputy chief economist Patrick Perrieris predicts housing prices will continue to drop in 2023, but is warning the fall will do little for affordability.
In Vancouver, it’s now cheaper to own than to rent
ANALYSIS: Vancouver is the only major Canadian city where it is cheaper to own than rent. Median shelter cost for a property owner is $110 less than the median shelter cost of a Vancouver renter, says the 2021 census.
B.C. condo owners lose bid to sell building to Anthem
The owners of a Coquitlam condo complex will not be able to to wind up their strata and sell it to Anthem Properties, a Supreme Court judge has ruled. Anthem stated an agreement to buy was terminated on June 14.
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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