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Panoramic plans major developments in Ontario cities
Panoramic plans major developments in Ontario cities
Angelo Butera's Panoramic Properties plans to build thousands of apartments in Ontario cities, including Niagara Falls and Sudbury. It's most recent proposal is for a multi-tower, mixed-use community at a former hospital site in Sudbury.
2023 summer CRE review: RENX's top articles
As has become tradition at RENX, we want to help you play catch-up on major summer articles you might have missed. So we've compiled some of our top-read and most important articles in this quick-and-easy reference list.
Ontario to review and ‘re-evaluate’ all Greenbelt lands
Premier Doug Ford says Ontario will review and “re-evaluate” all Greenbelt lands — including those that are part of controversial land-swap deals that have engulfed the government and forced the resignations of a cabinet minister and his chief of staff.
Downtown Edmonton office building listed for $6.5M
Conversion potential is the main marketing point for an office receivership sale now in the works in downtown Edmonton. Compass Place, a 10-storey, 85,000-square-foot tower in the city’s government district, has been listed for $6.5 million.
Beedie building two new industrial condos in Calgary area
Given the success of a recent Balzac development, Beedie is proceeding with construction of two more Calgary-area industrial condo buildings, also being built by Ledcor, totalling 159,427 square feet with an average unit size of 13,285 square feet.
 | NORR Urban regeneration strategies: Why densification mattersUrban regeneration strategies are a long game – but can bring significant value over time as a transformative force for neighbourhoods and cities. Get perspective on the economic, social and sustainability benefits that drive ROI for owners, investors, developers and municipalities. Sponsored by: NORR |
Van. developers see uncertainty in multiplex zoning plan
ANALYSIS: Vancouver's real estate and development community is divided about a transformative multiplex proposal, which is expected to offer more housing choices for downsizers and anyone who wants to buy into a detached house neighbourhood.
B.C. seeks cheaper rental homes with prefabricated units
A report going to Metro Vancouver’s regional planning committee this week will examine ways to shift toward more off-site prefabrication for construction rental housing, as a way to add more homes faster and cheaper.
TAS restoring downtown Hamilton historic buildings
TAS and minority owner Hamilton Community Foundation are reimagining the 167-year-old Coppley building in downtown Hamilton as a sustainable social and economic hub. The attached buildings had sat empty since the former textile factory relocated three years ago.
Mixed-use model reshaping London shopping centres
A key change coming to malls — and it's part of a trend that's reshaping London's three largest shopping centres including CF Masonville Place — is a move to add residential units to the space, including apartments and condos.
Retail rent survey reveals mixed results
The Canadian retail landscape experienced positive but mixed results in the first half of the year, with stronger performance being reported in select formats or nodes, according to CBRE’s H1 2023 Retail Rent Survey.
Amazon’s Whole Foods bet has been a bust in Canada
OPINION: Since its acquisition, Amazon’s Whole Foods Market has failed to exhibit substantial growth. 2022 witnessed virtually stagnant net income growth, a stark contrast to the promising eight per cent experienced in 2017.
Ontario Science Centre architect dead at 93
Raymond Moriyama, the Canadian architect who built his first structure in a B.C. internment camp during the Second World War and went on to design some of Canada's most iconic buildings, has died at the age of 93.
Inside GM’s Oshawa plant following $1.2B facelift
Sparks fly as more than 1,100 robots at General Motors’ assembly plant in Oshawa, Ont., weld and seal parts to join the chassis, cab and box of new pickup trucks following a $1.2-billion retool of the plant.
Alberta government greenlights $39M for new Calgary arena
The United Conservative government has approved the first slice of provincial funding it offered for the Calgary Flames' arena project, as part of the deal announced with the City of Calgary and team owners before last spring's election.
Return-to-office a $1.3 trillion global problem
McKinsey Global Institute estimates that pandemic shifts could erase as much as $1.3 trillion of real estate value in big cities around the world by 2030. “Everyone is asking, ‘Is this going to come back?’” said adviser Phil Kirschner.
Hotel occupancy soars 10% as tourists flock to NYC
While many hotels around the country experienced a weaker summer than expected, New York is reaping the benefits of scores of visitors. Hotel occupancy hit 86% in July, a 10% year-over-year jump, according to Crain’s New York Business.
Subway sale shows it’s a great time to own fast-food chains
OPINION: Though arranging nearly US$10-billion of capital is never easy, the exuberance over the recent Subway sale to U.S. private equity firm Roark Capital may portend future deal activity in fast-food or quick-service restaurants (QSR).
China’s Country Garden dodges another default
Country Garden made interest payments on U.S. dollar bonds hours ahead of a grace period deadline, pulling back from the brink of default for the second time in four days and bringing some relief to China’s crisis-hit property sector.
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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