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Growing tech sector key building block in Calgary office recovery
Growing tech sector building block in Calgary office recovery
Often portrayed as a sector which is contributing to higher office vacancy, a burgeoning tech sector could actually become a big part of the solution to Calgary’s chronic downtown office vacancy woes.
Cogir buys Cadence, joins top-25 U.S. seniors living firms
With one acquisition, Quebec-based Cogir Real Estate’s senior living subsidiary has vaulted into the top-25 providers of seniors housing in the United States. The purchase of Cadence Living will give Cogir 60 properties in nine states.
Oxford Properties unveils Green Financing Framework
Oxford Properties, one of Canada’s largest real estate investors and managers, is accelerating its transition to a low-carbon portfolio with the launch of its Green Financing Framework.
Edmonton-area industrial sector 'surging': NAI
The occupancy rate in Edmonton’s industrial market increased to a 96.4 per cent occupancy rate in Q3 2022, NAI Commercial Real Estate said in a report, adding that land availability and prices are attracting investment from B.C.
BGS proposes four mid-rise rentals in Mount Dennis
Developer BGS Homes Inc. is seeking approval for four market-rate residential high-rise buildings overlooking the Humber River at 300 Sidney Belsey Cres. in Toronto’s Mount Dennis neighbourhood. The 24-, 22- and two 20-storey buildings would include 1,204 residential units.
Three residential buildings proposed in Etobicoke
On behalf of the site owners, MHBC Planning has proposed two 25-storey towers and a 10-storey mid-rise at 630 The East Mall in Etobicoke. Designed by Studio JCI, the application would facilitate 803 residential units.
 | NORR Transforming office buildings to livable spacesThe pandemic has been a key driver for reimagining our relationship with the built environment and is presenting new opportunities across portfolios and sectors. With a surplus of office space resulting from evolving workplace strategies, owners in conjunction with teams. Sponsored by: NORR |
Ontario Place consultants outline latest vision
A crane and scaffolding are already onsite to kick off early works for the Ontario Place redevelopment project on the Toronto waterfront as the clock ticks ever closer to the determination of finalized plans.
Daniels led revitalization of Toronto’s Regent Park
John H. Daniels had a simple answer for what he did for a living: “I pour concrete.” It may be an understated description for one of Canada’s most prominent architects and founder of The Daniels Corporation, who died at 96.
Celebrated architect Jack Diamond dead at 89
Celebrated Toronto architect Jack Diamond, who co-founded Diamond Schmitt and whose vision shaped some of Toronto's most notable spaces, has died at 89. Diamond's projects included the Four Seasons Centre for the Performing Arts and Museum Station.
Ivanhoe Cambridge opens first Aussie office
Ivanhoe Cambridge announced it has set up its first office in Australia. The unveiling of the Sydney office was accompanied by a salvo of new executive appointments at Ivanhoe Cambridge’s Singapore office as it continues to expand its regional presence.
Vancouver-based Nexii lands NY retail building contract
Green construction company Nexii Building Solutions, based in Vancouver, has won a contract to manufacture 23 retail service buildings along the New York State Thruway using the company’s tilt-up concrete alternative panel system.
Nicola, CanTex JV on four Dallas industrial buildings
Nicola Wealth Real Estate, in partnership with CanTex Capital, has acquired 3216 – 3308 Royalty Row in Dallas. The acquisition includes four existing industrial buildings totalling 119,350 square feet on 9.12 acres in the coveted Brookhollow submarket.
Veris Residential rejects Kushner's unsolicited proposals
Veris Residential, Inc. (VRE-N), a U.S. REIT that primarily owns, operates, acquires and develops class-A multifamily properties, today announced its board of directors unanimously rejects Kushner Companies' unsolicited proposals to acquire the company for $16 per share.
New Brunswick cutting tax rate on apartment buildings
The Province of New Brunswick has announced tax changes aimed at giving developers and landlords incentives to produce more housing, phasing in a 50 per cent reduction of the provincial property tax rate on apartment buildings.
Toronto home prices continue to fall as interest rates rise
Toronto home prices dropped one per cent to $1,098,200 in October, according to the Toronto Regional Real Estate Board, contributing to an 18 per cent decline in real estate values since the Bank of Canada started raising interest rates.
Ontario condominium investors are heading for the sidelines
As Ontario’s government readies legislation aimed at boosting the delivery of new privately owned housing supply, the most prolific buyers for new-build homes – condominium investors – are heading for the sidelines., according to latest data from real estate analysts Urbanation Inc.
Big changes to Ottawa's Official Plan will challenge new council
OPINION: While Ottawa’s plan anticipates 76,000 new housing units over 10 years, ambitious new targets released last week by Minister of Housing and Municipal Affairs Steve Clark call for the construction of at least 161,000 new units in Ottawa.
Industry Events
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Western Canada Apartment Investment Conference
May 07 2024
Vancouver
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Edmonton Real Estate Forum
May 08 2024
Edmonton Convention Centre
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Land & Development Conference
May 28 2024
Metro Toronto Convention Centre
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Montreal Real Estate Forum
Jun 06 2024
Montreal
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Southwestern Ont. Real Estate Forum
Jun 13 2024
RBC Place London
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