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State Building Group hunts, finds GTA condo development sites
State Building Group hunts, finds GTA condo dev. sites
State Building Group has owned, developed and managed a large portfolio of residential and commercial properties over the past 60-plus years. Part of its more recent focus has been on acquiring prime Toronto high-rise condominium development sites.
Sutton Place Hotel brand returns to downtown Toronto
The Sutton Place brand is returning to downtown Toronto, with Northland Properties formally announcing the rebranding of the former King Blue Hotel to become The Sutton Place Hotel Toronto.
WeWork to shutter several Canadian locations
WeWork Inc. (WE-N), the office-sharing company once valued at tens of billions, wants to shutter several of its Canadian co-working spaces - in Vancouver, Burnaby and Toronto - as part of its plans to restructure, after filing for U.S. bankruptcy protection.
Vandyk faces demand to place projects into receivership
KingSett Mortgage Corp. and Dorr Capital Corp., lenders who are owed a total of more than $203 million, have applied to appoint a receiver to manage several housing projects owned by Mississauga-based developer Vandyk Properties.
Capital growth necessary for REIT sector: National Bank
VIDEO: Matt Kornack, real estate equity research analyst at National Bank, says immigration and limited supply are boosting retail REITs, but the sector is sensitive to higher interest rates and needs a soft landing with lower rates to bounce back.
Q3 industrial market remains strong
It’s getting easier for businesses to find industrial properties than it was two years ago, but demand is still relatively high in factory land in hot spots such as the Greater Toronto Area, Vancouver and Calgary.
 | Landa Global Properties Vancouver’s Landa Global Properties celebrates 10 years of growth and expansion into TorontoOn the occasion of his company’s 10 year anniversary, CEO Kevin Cheung, reflects on the lessons learned over ten years in Vancouver’s real estate market and his vision moving forward. Sponsored by: Landa Global Properties |
Sustainable Minds boosts renewable building materials index
Sustainable Minds is adding a new feature – Project Builder and Library – to its Transparency Catalog to further facilitate the planning, design and construction of low-carbon buildings, offering the ability to identify the highest-performing, low-carbon materials available.
Canada ranks highly in global remote work index
In its Global Remote Work Index, cybersecurity company NordLayer evaluated 108 countries and found Europe dominates. The top five countries are: Denmark, Netherlands, Germany, Spain and Sweden. Canada ranks 14th, two places lower compared to last year’s data.
Last links to Calgary's second Chinatown to be demolished
The last remaining buildings on 10th Avenue S.W., from Calgary's second Chinatown will soon be demolished. The brick and sandstone Western Block was built in 1905 and owned by Thomas Underwood, Calgary's mayor from 1902 to 1904.
Regional mall fundamentals receive high marks
Regional mall fundamentals suggest recent years of lacklustre returns could be reversing for the owners of Canada’s largest enclosed shopping centres, says DBRS Morningstar, citing surging population growth, densification trends and minimal new competition for incumbents among the pluses.
Retailers brace for drop in holiday spending
Consulting firm Deloitte Canada expects Canadians will spend 18 per cent less on gifts this holiday season than last year, amid concerns about a recession and their personal finances.
Tenant protests show absence of regulatory teeth: Experts
The problems tenants say they experience speak to larger problems in Vancouver when it comes to rental regulations, the rental tribunal system and a lack of protection for those who complain about landlords, according to experts and tenants.
Condo buyers unable to evict tenants
Purchasing a first property is sometimes the fulfilment of the dream of a better life. But a group of buyers in a Cambridge, Ont., townhouse project are warning an obscure section of Ontario tenant law can lead to a nightmare.
What WeWork's bankruptcy means for co-working offices
WeWork’s slide into bankruptcy this week has cast a shadow over flexible workspace providers on both sides of the Atlantic and sharpened fears about financial distress for office landlords struggling with the move to working from home.
Atlanta, Boston most sensitive to office-market stress
Atlanta and Boston’s budgets are most sensitive to a decline in office, retail and hotel values among the 14 U.S. cities analyzed in Moody’s Investors Service, while Phoenix and Philadelphia are best-positioned.
Liquidity gridlock worsens in U.S. CRE sector
Private lenders, in pole position as high interest rates leave them as the sole option for many in the U.S. CRE market, are turning more selective and worsening a liquidity gridlock in a sector facing trillions in maturing debt.
CPP sells $2.1B portfolio of private equity fund investments
CPP Investments has sold a US$2.1-billion portfolio of stakes it held in private equity funds to French investment manager Ardian SAS, turning to a growing secondaries market to free up money and tweak its mix of assets.
Industry Events
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Canada Real Estate Auctions
Dec 01 2024
to Dec 31 2024
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Global Property Market
Dec 03 2024
Metro Toronto Convention Centre, South Building
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Toronto Real Estate Forum
Dec 04 2024
to Dec 05 2024
Metro Toronto Convention Centre, South Building
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Quebec Apartment Investment Conference
Feb 19 2025
Palais des congrès de Montréal
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RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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