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GTA office sales bolster record CRE investment
GTA office sales bolster record CRE investment
Commercial real estate investment in the Greater Toronto Area (GTA) is on pace to set a record this year after $4.6 billion in transactions took place in the third quarter. Avison Young, in a new report, says the level of activity, bolstered by strong investor interest in office buildings, was 12 per cent higher than the previous quarter.
Greenwich tops long list of Melcor’s Calgary developments
Melcor Developments remains bullish on the Calgary region with a whopping 14 major projects on the go.
At the top of the list is the 70-acre Greenwich mixed-use development located across the TransCanada Highway from Winsport, formerly Canada Olympic Park.
Scarborough church building seniors condominiums
“We’re not just building a building, we’re building a community,” Trinity Ravine Towers chief executive officer Kern Kalideen said of Global Kingdom Ministries’ adult lifestyle condominium development which had its ceremonial groundbreaking on Oct. 19. Trinity Ravine Towers is located on the same 11-acre property as a church built by Global Kingdom Ministries at 1250 Markham Rd. in Scarborough in 2008.
Transit, mixed-use driving Ottawa’s major developments
During the next decade, the City of Ottawa might finally be about to shed some of its reputation as a big city with a small town feel. That’s certainly likely to be the case in and around its downtown. At the 2017 Ottawa Real Estate Forum, executives crafting four of Ottawa’s largest developments offered overviews of their projects and weighed-in on trends shaping their planning and construction.
SPONSORED: WiredScore and the future of the Toronto office market
Limited registrations available for WiredScore’s Toronto Launch event. Learn how the world’s most tech-focused landlords are adapting to tenant’s evolving digital needs, future-proofing office space. Join WiredScore in announcing the first Wired Certified buildings in Toronto and hear speakers from Ivanhoe Cambridge, Cadillac Fairview, Avison Young, and Uber discuss the future of commercial real estate.
There’s a pattern to Saskatoon’s industrial vacancy rates
Our latest 3Q17 market report shows a very slight increase of 10 basis points to 8.1 per cent in Saskatoon’s overall industrial vacancy rate. This very marginal change does not alter our belief that this market has stabilized.
Six months ago: Rent controls could be ‘very damaging’: FRPO
The head of the Federation of Rental-housing Providers of Ontario (FRPO) says one key plank in the province’s Fair Housing Plan could be “very damaging” to the GTA’s rental housing sector. Rent controls could stall the construction of new purpose-built rental apartments, said FRPO president/chief executive officer Jim Murphy.
One year ago: Vancouver’s Concert Properties is a developing story
Concert Properties, which has evolved over its 27-history from a residential developer to a diversified real estate owner and operator, this month announced the completion of its CREC Commercial Fund LP.
| Property Biz Canada, Thursday, October 17, 2017 |
| Focus Equities’ Mariash sets sights on master plans Property Biz Canada, October 17, 2017 |
| Montreal’s South Shore a bustling CRE hub Property Biz Canada, October 17, 2017 |
| Toronto’s TBG passes from father to son, partner Property Biz Canada, October 17, 2017 |
| Landowner Group’s Calgary Sage Hill development clears hurdle Property Biz Canada, October 17, 2017 |
| GHG reduction plan for federal buildings moves ahead Sustainable Biz Canada, October 17, 2017 |
| Seniors housing problem about to get even worse Property Biz Canada, October 17, 2017 |
| Six months ago: Deals bring Toronto Bay Park Centre to life Property Biz Canada, October 17, 2017 |
| One year ago: REITs are no TSX lightweight, RBC report Property Biz Canada, October 17, 2017 |
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