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Category: Commercial

Legislating density: Government intervention can't command market reaction

Mark Goodman Commercial Government British Columbia Dec. 13 2023

GUEST SUBMISSION: The B.C. government sparked a flurry of interest when, in an effort to make more land available for much-needed urban housing, it passed legislation that increases heights and densities allowed on properties near TOD sites.

H&R sells Toronto's Corus Quay bldg. to Halmont, George Brown for $232.5M

Don Wilcox Commercial Transactions Toronto / GTA Dec. 13 2023

H&R REIT (HR.UN-T) has an agreement to sell one of its marquee Toronto office properties, the CORUS Quay building along the Lake Ontario waterfront, to George Brown College and Halmont Properties Corp., for $232.5 million.

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