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Office market sees first quarterly net rent decline in years

Steve McLean Commercial Office National 2 days ago

While it was less than one per cent, the Canadian office market saw its first quarterly asking net rent decline in years in Q1 2023, according to Colliers’ new “National Market Snapshot” report.

ERES CEO steps down, CAPREIT's Mark Kenney takes over

Nicholas Sokic Residential CAPREIT National 1 day ago

Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) and European Residential Real Estate Investment Trust (ERES) have announced ERES CEO Phillip Burns has stepped down.

Yorkton continues growth, buys new Edmonton apt. complex

Mario Toneguzzi Residential Apartments Edmonton 2 days ago

Edmonton-based Yorkton Equity Group Inc. is focused on accretive acquisitions of multi-family rental properties in strategic markets across Canada with a current focus in British Columbia (Penticton, Kelowna, Metro Victoria and Fort St. John) and Edmonton.

Editor's Pick

Colonnade Bridgeport, CanFirst plan 900,000-sq.-ft. Ottawa ind. park

Colonnade BridgePort and CanFirst Capital Management are wasting no time getting their newly acquired Gateway Industrial Park up and running in Ottawa. The partners announced this morning they are pre-leasing up to 900,000 square feet at the 50-acre, south-end site.

 

Don Wilcox Commercial Development Ottawa Mar. 21 2023

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