Recent Articles
Toronto’s Woodbine Districts moves closer to reality
Toronto’s Woodbine Districts moves closer to reality
Construction appears to be drawing closer for a multi-phase redevelopment of the 684-acre Woodbine Racetrack property in northwest Toronto now known as Woodbine Districts. The property is actually larger than Toronto’s downtown Central Business District. Rezoning and site plan approval submissions have been made after the City of Toronto’s Design Review Panel provided input on the proposed concepts.
Health care property owner Invesque ‘just getting started’
Fresh off its acquisitions of Care Investment Trust and Mohawk Medical Properties REIT, heath properties owner Invesque says it expects to continue to expand its holdings of medical office space, seniors housing and “skilled nursing” facilities. “Q4 and the beginning of 2018 have been a very active few months and we’re just getting started,” said Invesque chief investment officer Adlai Chester, during the company’s fourth quarter and year-end 2017 conference call.
Dennis Mitchell named CEO of new Starlight Capital venture
UPDATED with interview: Starlight Investments has created a real estate securities investment platform called Starlight Capital, which will be headed by CEO/CIO Dennis Mitchell. “Starlight Investments’ strategic plan includes disciplined growth of assets under management, including a real estate securities business, and that happens to be one of my strengths as a portfolio manager,” Mitchell told RENX.
CaGBC issues ‘a roadmap for retrofits in Canada’
A new Canada Green Building Council report sets out actions for industry, non-profit organizations and governments to build a retrofit economy by 2030 that improves the performance of existing buildings and creates new economic opportunities. The Pan-Canadian Framework on Clean Growth and Climate Change aims to reduce greenhouse gas emissions by 30 per cent from 2005 levels by 2030. “A Roadmap for Retrofits in Canada II” aims to make that target achievable.
Saskatoon office market facts you need to know
Many are surprised to learn there is in fact a void in a sector of the Saskatoon downtown office market. In our 4Q17 report we not only see vast differences in suburban markets but also between various downtown “A” to “C” offices classes.
Six months ago: Skyline Apartment REIT exits Hamilton
Skyline Apartment REIT’s $173-million sale of 11 Hamilton apartment buildings to Q Management LP earlier this month fits the company’s historical strategy and will fill its coffers for new investments. “The bulk of our assets exist in secondary and tertiary markets,” said Skyline president Matthew Organ, adding that Hamilton has evolved into more of a primary market.
One year ago: GWL’s love for apartments continues
A self-professed “office guy,” Paul Finkbeiner has learned to love apartments for the steady, predictable profits they churn out for his pension fund shareholder base. “A lot of my competitors are only waking up to it the last five years saying, ‘Oh these apartments are really good.’ We have known it for the last 20,” said the president of GWL Realty Advisors Inc.
Property Biz Canada, Tuesday, March 13, 2018 |
CPPIB real estate assets top $42.8B in 2017 Property Biz Canada, March 13, 2018 |
CT REIT assembles an entire Calgary block Property Biz Canada, March 13, 2018 |
Real estate gender parity a slow process Property Biz Canada, March 13, 2018 |
PIRET shareholders to vote on Blackstone takeover Property Biz Canada, March 13, 2018 |
GBCI Canada launched to advance green buildings Property Biz Canada, March 13, 2018 |
B.C. moving fast on green building initiatives: Panel Sustainable Biz Canada, March 13, 2018 |
Six months ago: Rivershore keys Lower Mainland industrial revolution Property Biz Canada, March 13, 2018 |
One year ago: BTB aims to make more noise selling, acquiring Property Biz Canada, March 13, 2018 |
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