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Toronto's DBS building rental apartments, anxious to launch condos
Toronto's DBS building rental apts., anxious to launch condos
When conditions for condo launches in the GTA improve, CEO Brian Levy says DBS Developments will hit the ground running with at least one major project - Metro Park II. In the meantime, it has two apartment projects under construction.
The case for nearshoring manufacturing to Alberta
GUEST SUBMISSION: We’ve all heard about the new focus for companies to relocate manufacturing from overseas (and politically diverse) countries to more optimal locations. There's a strong case for some of these facilities to be developed in Alberta.
Canada's economy grows more than expected
The Canadian economy has dodged a recession as gross domestic product edged up Q4, making it likely the Bank of Canada will stick to its plan of holding interest rates when it makes its next announcement on March 6.
ANALYSIS: What's going on at Toronto's $2B The One?
The saga of troubled condo project The One took another turn Monday, when a court-appointed receiver announced it was removing developer Sam Mizrahi’s company from its role as construction manager and announced the project may be put up for sale.
Metro Vancouver CRE continues to stabilize: CBRE
Just a few weeks into the year, optimism regarding Metro Vancouver’s real estate outlook is muted. Q1 has yet to deliver the level of activity many brokers anticipated, and many including CBRE anticipate better times to occur after mid-year.
No environmental review for Three Sisters Canmore dev.
Alberta won’t undertake an environmental assessment of Canmore’s controversial Three Sisters mixed-use development because it doesn’t believe it has jurisdiction to decide whether such an assessment would be warranted. Three Sisters Mountain Village will cover 381 acres of undeveloped land.
 | Landstar Development Seize the opportunity: Premier lakefront development in West KelownaThe Certificate in Real Estate Development brings together a range of professionals involved in city building including architects, planners, developers, and investors. Hear from Hugh Gorman, real estate development mogul and course instructor in this interview. Sponsored by: Landstar Development |
The evisceration of Mtl.’s Black-Anglo Little Burgundy
From the late 1800s through the 1950s, Montreal’s Little Burgundy in the city’s West End was home to a thriving Black-Anglo community with robust social service traditions, employment centred around two train stations and a world-class jazz scene.
JAMP Pharma to acquire 100K-sq.-ft. facility
Boucherville, Que.-based JAMP Pharma Group says it will acquire a large Quebec manufacturing facility from Levis, Que.-based Pharmalab in a bid to boost pharmaceutical production. The acquisition will add more than 100,000 square feet of manufacturing space.
CGC marks milestones in construction of $210M Alta. plant
Backed by a $210-million investment, CGC — the Canadian division of USG Corp. — has announced three milestones in the construction of its huge state-of-the-art wallboard manufacturing plant in southern Alberta's Wheatland County.
Alberta O&G companies owe at least $250M in property taxes
Alberta oil and gas companies owe rural municipalities more than $250 million in unpaid property taxes, prompting a call for changes to how that growing tax bill is collected.
Connection, collaboration and thinking beyond the building
GUEST SUBMISSION: When envisioning a sustainable future, the importance of holistic thinking cannot be emphasized enough. The building industry is being called on to be mindful and accountable for our creations of people’s indoor environments affecting our global environment.
Consumer debt balloons to $2.4 trillion
Immigration is helping fuel a surge in the consumer credit market, just as high interest rates and inflation push Canadians to take on a record amount of personal debt. Total consumer debt hit $2.4 trillion in the fourth quarter.
Northleaf sells 43.3% stake in Denver-based toll road
Northleaf Capital Partners, a global private markets investment firm, announced it has signed an agreement to sell its 43.3 per cent stake in Northwest Parkway, a Denver-based toll road project, to VINCI Highways, part of the VINCI Group.
Goldman: Office prices must drop 50% for viable conversions
At current valuations, office properties are still too expensive to be viable candidates for conversion into residential properties in most cases, according to a new report by Goldman Sachs.
JLL sees 'green shoots' despite 64% loss in income
JLL posted a net loss in 2023 as heightened borrowing costs spurred a pullback in transaction activity, but executives say better days are coming, with buyers emerging as interest rates and prices stabilize.
WeWork reaches deals with NYC, Boston owners
Owners at two locations in New York City and one in Boston have agreed to alter contracts with WeWork, according to records filed in bankruptcy court, as the co-working giant decides whether to keep or cut hundreds of its offices.
AI changing the game for data centres: JLL
As we consume more and more online bandwidth, the growth of data centre demand is accelerating across the U.S., with developers, providers and utilities racing to keep up and provide the space — and power — needed to operate these facilities.
IKEA parent doubles down on reinventing indoor malls
Ingka Group, the operator of most IKEA stores, wants to add to the mall empire it has already built and diversify the properties with co-working spaces, kids’ play areas and Nordic-style food halls.
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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