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Metro Vancouver

Wesgroup pushes ahead with Inlet District in Port Moody

Evan Duggan Residential Development Metro Vancouver Feb. 6 2024

Chances are that if the SkyTrain's Evergreen Line expansion through Port Moody to Coquitlam hadn't been build in 2016, Wesgroup's huge Inlet District master plan would never have been proposed. But today, that plan calls for up to nine towers.

Drop in valuations results in $499M Q4 net loss for Allied

Steve McLean Commercial REITs Toronto / GTA Feb. 5 2024

Allied Properties REIT (AP-UN-T) suffered a $499.34-million net loss in its fourth quarter ended Dec. 31, in large part due to a $425-million decline in rental property valuations in Toronto, Montreal, Calgary and Vancouver.

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