Real Estate News Exchange (RENX)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@renx.ca
Canada: 1-855-569-6300

Privacy Policy
Terms of Use
Alberta Atlantic Canada Banff British Columbia Calgary Charlottetown Edmonton Greater Montreal Halifax Hamilton International Jasper Lethbridge Manitoba Metro Vancouver National Nova Scotia Ontario Ottawa Quebec Quebec City Saskatchewan Saskatchewan Toronto / GTA Winnipeg Yukon / NWT / Nunavut

Recent Articles

Canada has four of N. America’s top 20 tech markets

5 years ago

RENX   •   • 

Major Canadian cities continue to grow as technology hubs says CBRE’s 2019 Scoring Tech Talent report. “It’s a combination of factors, including high educational attainment, overall size of the tech markets and tech labour concentration,” said CBRE’s Paul Morassutti.

 •   • 

On Wednesday, the Hotel Association of Canada launched a campaign calling on all federal candidates to support their demand for Airbnb to pay a corporate tax, as well as for Airbnb hosts to charge guests GST or HST.

 • 

Demand for office space in the National Capital Region dampened slightly in Q2, but landlords should continue to see “steady” interest in properties thanks to job growth in the public service, tech and other industries, a Colliers International report says.

RENX   •   • 

Since launching its first Canadian office in 2013, Marcus & Millichap (MMI-N) has been doubling its business each year in the city. It’s on track to do the same in 2019, says vice-president, Toronto regional manager and broker of record Mark Paterson.

Stewart Title

 •   • 

Port Moody council has put an “urgent” call to curb development in Moody Centre and concentrate on job creation on hold. A 20-page report by acting mayor Hunter Madsen proposed a high-tech hub around the Moody Centre SkyTrain station.

 • 

Victoria is facing big-city problems – and potential – as an industrial land shortage and white-hot demand for office and retail space characterize B.C.’s capital city, the province’s strongest commercial real estate market outside of the Lower Mainland.

 • 

One of the largest rental projects proposed for West Vancouver in decades suffered two major setbacks this week. The Taylorwood Place project looked to replace around 20 single-family homes in a residential area near Park Royal with five terraced apartments.

 •   • 

The agency tasked with overseeing development of Toronto’s waterfront has been tracking Alphabet’s corporate missteps, one of the agency’s senior executives told a public meeting in Toronto Monday night. Sidewalk Labs proposes a sweeping development project in the city.

Romspen Commercial Lender

 • 

Arbutus Ridge Golf Course in Cobble Hill, B.C., has a new owner. After 27 years of ownership, GolfBC sold the course for $4.5 million to Yi Jing Golf Club Inc., a company headed by Weihong Liu and her husband Zhao Zheng Fu.

 • 

It would be a challenge to squeeze a pencil between two buildings in the Exchange District. Yet, they have separate titles and are being reviewed for their status by the City of Winnipeg’s historical buildings and resources committee.

 •   •   • 

Automotive parts manufacturer Nemak announced Tuesday plans to close its Windsor plant by mid-2020. According to Nemak, the decision to close the plant was a result of the “early phase-out of an export program with a customer in China.”

 • 

Gatineau’s Brokrete develops an end-to-end solution for the order and delivery of stone, sand and gravel in the concrete industry. Recently, the firm closed a $500,000 pre-seed round with angel investors Ronald Richardson of Ottawa and Avlok Kohli of San Francisco.

Matrix360

 • 

Australia’s Lendlease has formed a US$15 billion partnership with Google to jointly develop three of the internet giant’s U.S.  landholdings in major districts in the San Francisco Bay area. The deal is the largst ever for Lendlease.

 •   • 

India’s Oyo has expanded its hotel chain business to more than 80 countries and entered the co-living spaces segment in recent years. The firm, which has raised about $1 billion since September, has identified a new business to target: co-working spaces.

 •   • 

Hong Kong’s commercial property investment and office leasing activities both weakened during the second quarter, hurt by the ongoing U.S.-China trade conflict, CBRE said on Tuesday. Transaction volume of commercial property totalled $2.70 billion US, 6.2 per cent lower than in Q1.

 • 

Tercot Communities today announced it has acquired a position in the dynamic and flourishing Whitby market with a low-rise residential development project. The 14-acre development site is conveniently connected to Highways 407 and 412.

Canadian Apartment Investment Conference

 •   • 

Vancouver will launch the first step in developing a city-wide plan this fall — the “listening” phase — after council approved on July 16 the budget and process for the multi-year project.

 • 

The sales rate for pre-sale condos hit a low of 14 per cent in June, with buyers signing sales contracts for only 73 out of the 519 units on the market in Greater Vancouver and the Fraser Valley. It’s the lowest rate since 2012.

 • 

The supply of new pre-sale homes released to market in the Lower Mainland has plummeted by nearly half, according to the Mid-Year 2019 Real Estate Insights report by real estate marketing and research firm MLA Advisory.

 • 

The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp. OREA chief executive Tim Hudak says Ottawa should consider restoring 30-year insured mortgages.

Industry Events

Subscribe to our newsletter

Sign up to the RENX email newsletter to receive daily industry news, breaking news and RENX updates.

Follow us on Social Media

Follow RENX on your favorite social media platform for news delivered to your feed.

Advertise with Squall

RENX advertisements reach thousands of Canadian professionals every day.

Get a Media Kit
Alberta Atlantic Canada Banff British Columbia Calgary Charlottetown Edmonton Greater Montreal Halifax Hamilton International Jasper Lethbridge Manitoba Metro Vancouver National Nova Scotia Ontario Ottawa Quebec Quebec City Saskatchewan Saskatchewan Toronto / GTA Winnipeg Yukon / NWT / Nunavut
RENX
© 2024 Squall Inc.
About Us • Privacy Policy • Terms of Use