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TAS forges ahead with 1.7M-sq.-ft. Connecting Cooksville
TAS forges ahead with 1.7M-sq.-ft. Connecting Cooksville
TAS is advancing its plans to develop Connecting Cooksville, an almost 1.7-million-square-foot mixed-use community that will include about 2,200 housing units in Mississauga.
CRE bears brunt of property tax burden: Canada-wide update
Seven of the 11 major Canadian cities surveyed by Altus Group have a commercial tax rate more than double the residential tax rate, according to the 2022 Canadian Property Tax Rate Benchmark Report.
Pinnacle One Yonge could be Canada's tallest building
Pinnacle International has submitted revised plans for its Pinnacle One Yonge development to increase the height for the Phase 2 and 3 towers to 92 and 105 storeys. The Hariri Pontarini Architects-designed tower would be Canada's tallest building.
CF set to launch 500-unit Montreal rental tower
Cadillac Fairview, the developer behind the Tours des Canadiens condos, plans to start construction of a 120-metre residential tower southeast of Montreal's Bell Center in 2023. The tower would bring approximately 500 rental units to the Quad Windsor district.
Google’s new Montreal office evokes the past and future
Paper Hill, an area in Old Montreal once home to the city’s printing industry in the early 20th century, is now home for Google Canada, a company which strives for a paper-free office.
Dye & Durham moving HQ to 25 York Street
Dye & Durham (DND-T), a provider of cloud-based, efficient workflow software for legal and business professionals, is moving its headquarters to the award-winning Telus building at 25 York Street in Toronto to accommodate its ongoing rapid growth and return-to-office plans.
Regus leasing 10K sq. ft. in Saskatoon's Scotiabank Building
Regus will occupy the fourth floor of Saskatoon's Scotiabank Building downtown and offer 10,000 square feet of private offices and co-working desks, meeting rooms, virtual office options and a reception area.
Redev. of Edmonton's Northlands Coliseum still up in air
It's been almost five years since Northlands Coliseum closed its doors, but there is still no timeline to demolish the former home of the Edmonton Oilers and develop the land into a mixed-use, transit-oriented infill development.
Enwave, RioCan partner to create greener buildings
RioCan REIT (REI-UN-T) and Enwave Energy Corporation have entered into a strategic partnership to explore sustainable energy solutions at designated RioCan development projects.
REIT third-quarter financial results
American Hotel Income Properties REIT, (HOT-UN-T), Globe Newswire
Boardwalk REIT, (BEI-UN-T), Canada Newswire
BSR REIT, (HOM-U-T), Canada Newswire
CAPREIT, (CAR-UN-T), Globe Newswire
Killam Apartment REIT, (KMP-UN-T), Canada Newswire
Minto Apartment REIT, (MI-UN-T), Canada Newswire
Brookfield sells Aussie tower to Lendlease, Realside: $295M
Lendlease and boutique investment manager Realside are acquiring a 51-storey tower in Perth for $295 million Cdn from Brookfield, signalling how value-add investors are setting the pace in the market.
American Equity sinks as Brookfield exec resigns from board
American Equity Investment Life Holding Co. (AEL-B-N) plunged the most in more than two years after Sachin Shah, CEO of Brookfield Asset Management Reinsurance Partners, resigned from its board in a dispute over an investment, according to sources.
U.S. retail space availability reaches new low
Low consumer sentiment, inflation and high interest rates spell trouble for retailers and landlords, but a lack of available retail property has created something of a bright spot for U.S. property owners, including REITs.
U.S. mall landscape changing: PREIT CEO
Pennsylvania REIT chairman and CEO Joseph Coradino says U.S. malls have undergone many alterations and revived themselves to ride out the storms of the past few years.
Slumping housing market weighs on Home Capital's loans
The tumult in Canada’s housing market is starting to take its toll on lenders. Home Capital (HCG-T), which lends largely to borrowers considered somewhat riskier than prime customers, said Tuesday single-family mortgage originations plummeted 28% from a year earlier.
Vancouver prices could drop 5.2% in 2023: BCREA
Greater Vancouver could see an average price drop of 5.2 per cent in 2023, according to the latest forecast from the British Columbia Real Estate Association (BCREA), while Victoria could see a decline of 4.3 per cent.
Winnipeg house sales drop 30% year-over-year
The real estate market in Winnipeg is looking more like it did before the pandemic, according to the Winnipeg Regional Real Estate Board (WRREB). October numbers show just over 1,000 sales, a 30 per cent drop from October 2021.
Is stacked modular the future for affordable rental?
ANALYSIS: California engineer Curtis Wong is applying tech innovation to the affordable housing crisis and hoping his ideas will take hold across the U.S. Startup Cloud Apartments has a patented design for contemporary, cool-looking apartment modules and snap-together construction.
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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