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H&R sells stake in Brian Canfield Centre Burnaby office bldg.

Don Wilcox Commercial Office Metro Vancouver 16 hours ago

H&R REIT (HR.UN-T) has an agreement to sell its 50 per cent stake in the Brian Canfield Centre office building in Burnaby to its investment partner Crestpoint Real Estate Investments Ltd. for $82.5 million.

Globe Capital Mgmt. in growth mode, buying apartment buildings

Steve McLean Residential Transactions Winnipeg 14 hours ago

Globe Capital Management is taking advantage of something of a lull in acquisitions by public and institutional multiresidential owners to grow its own portfolio. The Winnipeg-based firm is also actively developing properties, looking for building sites, and consolidating ownership.

Metropia breaks ground at Union City, names new president

Steve McLean Residential Development Toronto / GTA 1 day ago

Metropia celebrated two significant milestones on April 10: the groundbreaking of its Union City community in Markham, just north of Toronto, and the appointment of new president Samuel Frum. 

Editor's Pick

Vancouver office space shortage could happen sooner than you think

What’s one of the biggest threats facing Vancouver’s office market? In a few years, the market could return to critically low vacancy, especially in the city’s stock of class-AAA inventory . . .

Evan Duggan Commercial Office Metro Vancouver Apr. 5 2024

The People Space

Board comings, goings at Killam, CDPQ, Altus...

Bob Kay, the chair of Killam Apartment REIT’s board for over a decade, will retire after the May 8 AGM. We also note board appointments at CDPQ and Altus Group, plus new executives at Avison Young, JLL and more...

Don Wilcox Commercial Executives National Apr. 5 2024

Industry Events