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Winners and losers in the suburban office market
Winners and losers in the suburban office market
While the intensification-mixed-use office building boom is getting most of the headlines among those who follow the real estate industry, suburban office is not going away. That was one of the key takeaways from a state of the office market panel at last week’s Toronto Real Estate Forum.
Metro Vancouver’s new Evergreen Line boosts suburban options
The opening of Metro Vancouver’s Evergreen Line SkyTrain extension last week will boost high-density development at the line’s suburban stations, making the Tri-Cities region more attractive to developers and new residents, say local experts and stakeholders.
Avigilon’s 555 Robson is on the market in Vancouver
Avigilon Corporation is transforming its 555 Robson St. headquarters in downtown Vancouver and has engaged CBRE to market it for a sale and leaseback. Avigilon purchased the nine-storey building, which previously housed Telus’ headquarters.
Canadian apartment sector still looking good
Canada hasn’t seen a surge in apartment construction like the one it’s experiencing now since the 1960s, and five major players speaking at the Toronto Real Estate Forum expect a continued strong performance for the purpose-built rental sector for the next few years.
Busy November for True North Commercial REIT
True North Commercial Real Estate Investment Trust made efficient use of proceeds from its $30-million August public unit offering by acquiring two Ontario properties in November. The Toronto-based REIT continued a very active summer by ending November with the closing on a North York office building.
A railway boom for Ontario and Quebec is long overdue
Shortly after the Liberal win in the last federal election, I wrote about how today’s infrastructure builds become tomorrow’s real estate investments. It’s what happens after the construction workers go home that truly matters.
One year ago: CT REIT becoming a blue-chip trust
Born after the 2013 “taper tantrum” stock and bond selloff Canadian Tire’s real estate trust, CT REIT, has proven a model retail property trust – a steady player in a sector known for volatility. “Yes, I think that is probably accurate,” CT REIT’s president and CEO Ken Silver said of its “blue-chip” status.
Six months ago: TD Centre floor rated for ‘well-being’ of people
TD Bank Group’s 23rd floor at its downtown Toronto TD Centre headquarters became the world’s first project certified under v1 of the WELL Building Standard last month. Three people on the front lines of the pilot project spoke about it at the Canada Green Building Council’s “Building Lasting Change 2016” conference at Toronto’s Allstream Centreon Tuesday.
| Property Biz Canada, December 1, 2016 |
| Mayor Tory asks private sector to help at Forum Property Biz Canada, December 1, 2016 |
| Skyline Commercial REIT buying Cervus portfolio Property Biz Canada, December 1, 2016 |
| Humaniti, a first-of-its-kind mixed use development Property Biz Canada, December 1, 2016 |
| Judicial sales on the rise in Calgary Property Biz Canada, December 1, 2016 |
| What are vacancy rates in purpose-built rental housing? Sustainable Biz Canada, December 1, 2016 |
| First phase of Carré Saint-Laurent going ahead Property Biz Canada, December 1, 2016 |
| Six months ago: REIT reclassification good news, BMO says Property Biz Canada, December 1, 2016 |
| One year ago: Canadian investors raise stakes in Germany Property Biz Canada, December 1, 2016 |
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