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Gairloch returns to Leaside for 1802 Bayview multires tower
Gairloch returns to Leaside for 1802 Bayview multires tower
Gairloch Developments just unveiled its fourth condominium project in Leaside, 1802 Bayview, a Toronto neighbourhood its founder and president told RENX is the city’s next real estate hotspot.
Sale of Vancouver towers 'real test of office values'
Altus Group's Ray Wong said CPP Investments and Oxford Properties' attempt to sell of a pair of office towers in downtown Vancouver could trigger a ripple effect across the market if they trade hands below the desired $350 million.
Ottawa proposes 'integrated. sustainable community hub'
The City of Ottawa is seeking community feedback on a proposed development at the intersection of the Little Italy, Hintonburg and Chinatown neighbourhoods. The 21-acre parcel will become an “integrated and sustainable community hub,” according to city documents.
Everglade builds for affordability, families of the future
Everglade Development, a Richmond, B.C.-based real estate developer, is “scaling up” from its founders’ backgrounds in single-family homes to develop multifamily housing in the Greater Vancouver area.
TRIAGE proposes 50-storey mixed-use
TRIAGE Development has proposed a 50-storey mixed-use tower at 10 Abitibi Ave. near Toronto's future Steeles subway station. The Hariri Pontarini Architects-designed tower would include a five-storey podium housing retail with a 45-storey tower containing 534 residential units.
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New brands transforming Toronto’s Yorkville Avenue
Toronto’s Yorkville Avenue is seeing a retail transformation that will bring in a high-spending youth demographic, with the addition of several new brands opening stores including Los Angeles-based fashion brand John Elliott and New York City-based Kith.
TransLink expands retail operations at transit hubs
Vancouver's TransLink has increased the amount of revenue it gets from leasing retail space at SkyTrain stations, and it aims to accelerate the pace of that revenue growth in the years ahead.
Mapping out Burnaby’s Brentwood town centre
Tanager George is mapping the future. The artist from California has designed a library of maps from all over the world and his latest creation featured Burnaby’s own Brentwood town centre.
Homelessness, drugs hinder downtown London revival
Developers say homelessness, drugs and people suffering from severe mental illness are holding back the full-scale revival of downtown London by making it a hard sell for prospective office tenants as the core looks to turn the corner post-pandemic.
Raymond James analyst upgrades Granite REIT
Raymond James analyst Brad Sturges has upgraded Granite REIT (GRT-UN-T) to “strong buy” from “outperformer.” The price target remains at $96. Sturges attributed the upgrade to a recent pull back in the unit price.
London’s Canary Wharf seeks growth beyond banking
When the work week starts these days, the towers in Canary Wharf are quieter and the nearby restaurants are emptier — the result of a shift to remote work during the pandemic that sent office vacancy rates rising.
Nightingale loses control of Philly’s largest office property
As Nightingale Properties' crowdfunded investment in an Atlanta office building was unraveling in the past few months, the New York-based landlord also lost control of its biggest holding in Philadelphia – the 2.2-million-square-foot office complex at 1500 Market.
Ares to acquire Crescent Point Capital
Ares Management Corporation (ARES-N) has a definitive agreement to acquire 100% of Crescent Point Capital, a leading Asia-focused private equity firm with approximately $3.8 billion of assets under management, as of March 31.
China Evergrande’s overdue results: $14.8B 2022 loss
China Evergrande Group, the world’s most indebted property developer, posted a net loss of $14.8 billion US in 2022, while its total liabilities increased to $334.6 billion, it said in its long overdue results.
Pace of housing starts jumps 40% in June: CMHC
The six-month trend in housing starts turned positive in June for the first time since November 2022 after the pace of building posted its largest month-to-month gain in 10 years, according to the Canada Mortgage and Housing Corp.
Luxury markets show strong and stable growth
Despite fluctuating interest rates and forecasts of recession, Canada's most sought-after premium markets are not faltering thanks to sustained demand for a shrinking pool of property, according to Engel & Völkers' 2023 Mid-Year Canadian Luxury Real Estate Market Report,
Mississauga sales, prices fall for first time this year
Real estate sales and prices in Mississauga fell month-over-month in June for the first time this year after rising steadily through the first five months of 2023, according to the Toronto Regional Real Estate Board.
U.S. homeowners flock to Helocs
A Texas couple is using the money to fix up a rental house and help pay for their three young kids to attend Montessori school. A cop in Florida is playing the stock market. Welcome to the 2023 Heloc boom.
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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