Vancouver-based Anthem Properties has completed a land assembly of 280 acres in two transactions in southeast Calgary where it plans to develop a community of 2,500 housing units in single- and multifamily buildings, plus commercial properties.
Despite an expanding pipeline, data centre demand continues to outpace supply across the Americas, resulting in consistently declining vacancy rates. Canada's largest data centre market, Toronto, saw vacancy decline from five to four per cent so far in 2024.
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