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Amenities, conversions and Calgary's fight to revive its downtown
Amenities, conversions and Calgary's fight for its downtown
Creating amenity-rich buildings along with the continued conversion of under-utilized space are keys to lowering the sky-high vacancy rate for downtown Calgary office towers.
Industrious plans second Toronto flex workspace
Flexible workplace company Industrious is launching its second Canadian location in Toronto in partnership with Dream Office Real Estate Investment Trust, continuing its plan for global expansion.
Bank of Canada hikes key rate to 3.75%
The Bank of Canada raised its key overnight lending rate to 3.75 per cent Wednesday as it attempts to get inflation under control and warned more hikes are coming amid growing criticism the hikes could push Canada into a recession.
 | The Saskatchewan Edge Every Saskatoon CRE vacancy rate dropsBarry StuartManaging Partner and Senior Sales Associate , ICR Commercial Real Estate |
Fleetwood Orion would include 1,121 Van. residential units
Bucci Developments' plans for the mixed-use Fleetwood Orion development on the future Surrey-Langley SkyTrain extension are progressing. The Casola Koppe Architects-designed proposal would include 15-, 37- and 42-storey buildings, 1,121 residential units and 52,484 square feet of retail space.
Brown Group proposes 30-storey mixed-use in The Annex
The Brown Group of Companies has proposed to build a 30-storey building at 425 Bloor St. W. in The Annex. The IBI Group-designed tower would include 24 storeys of residential units and 15,543 square feet of retail space.
Fitness biz ‘decimated’ by pandemic; bankruptcies loom
The return to fitness centres across the country is taking place but the industry may have forever changed due to the lockdowns and restrictions it experienced because of the COVID-19 pandemic.
G2S2 invests additional $7.1M in Slate Office
G2S2 Capital Inc.'s wholly owned subsidiary has acquired $7,100,000 principal amount of 7.50% Convertible Unsecured Subordinated Debentures of Slate Office REIT (SOT-UN-T). Armco Alberta Inc., acquired the debentures at a price of $940 per $1,000 of principal.
3D-printed, multi-storey concrete Kingston build a first
The grey shell of North America's first 3D-printed, multi-storey, mixed-use concrete building has been completed near Kingston, Ont. The 2,300-square-foot, two-storey building, being constructed by nidus3D, will feature a workshop on the ground floor and a residence above.
Parity software improves multires HVAC efficiency
Parity's HVAC technology platform can drive significant energy efficiency improvements and greenhouse gas reductions in residential buildings through energy-as-a-service (EaaS), its co-founder says.
 | The Industrial Real Estate Show The state of the logistics and warehousing industriesChad GriffithsPartner, NAI Commercial |
Edmonton to crack down on vacant, illegal parking lots
The City of Edmonton is aiming to redevelop surface parking lots to improve central neighbourhoods and crack down on some lots that have been operating illegally. The downtown core contributes nine per cent of the city's taxes.
Manulife acquires Fort Worth industrial warehouse
Manulife Investment Management has acquired Alliance Gateway 11, a 788,160-square-foot industrial warehouse located in the NE Tarrant/Alliance submarket of Fort Worth, Texas. The property is 100% leased on a long-term lease.
U.S. office demand holds steady in September
New demand for U.S. office space increased slightly in September after three consecutive months of losses according to the latest VTS Office Demand Index (VODI) analysis.
U.S. pension funds pull back on commercial real estate
Pension funds are pulling back on their commercial real estate binge as borrowing rates rise. The shift comes after they poured money into CRE during the first half of the year, capitalizing on a market trying to recover from COVID-19.
U.S. student housing has record-breaking year: Yardi
The student housing industry continued to ride healthy demand and strong fundamentals to another record-breaking performance in Q3 and 2022 overall, according to a quarterly National Student Housing Report from Yardi Matrix.
Ontario targets 1.5M new housing units in decade
In sweeping legislation designed to streamline the construction of new housing, Premier Doug Ford’s Progressive Conservatives are setting specific targets for municipalities across Ontario to meet the government’s 10-year, 1.5-million homes target.
Assault on ‘off-market’ listings leaves some realtors dubious
The Toronto-area “exclusive” or “off-market” listing gained traction when people wanted to limit pandemic-era visitors. Agents say they are also seeing an increase during this year's market decline as sellers quietly test the market without letting their property become over-exposed.
Chinese interest in Vancouver real estate recovers
According to Juwai IQI, an Asian real estate technology group, Vancouver is still popular with mainland and Hong Kong Chinese buyers, even though Canadian real estate inquiries collapsed to an all-time low in 2021’s fourth quarter.
Better Living proposes eight-storey residential
Better Living Homes has proposed an eight-storey residential infill building at 126 Bellamy Rd. N. in Scarborough. The MSAi-designed building would bring 182 residences to the site, from studios through three-bedroom units.
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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