It’s time real estate firms achieved gender equity on their boards, says Sonia Gagnon of CREW M, the Montreal chapter of CREW Network (Commercial Real Estate Women). The association is calling for companies to commit to such equality by 2022.
Canadian cities must do more to address gender inequality, researchers say in the Canadian Centre for Policy Alternatives’ fifth annual study looking at which cities are the best and worst for women.
Eleven years ago, renowned Chicago real estate broker and entrepreneur Goldie Wolfe Miller launched The Goldie Initiative to help young women in real estate. Today, she is building a formidable platform that incorporates scholarship, mentoring and networking.
Devencore’s Toronto office has two familiar faces back in the fold in senior positions. First, Tim Bell returned as managing director and broker. Friday morning. Devencore also announced the return of Mark Petznick as principal and senior vice-president.
Vancouver won’t accelerate the building of more towers along the Broadway corridor in order to generate more developer fees that could help pay for the planned major subway line, say top officials.
The Ontario Real Estate Association (OREA) wants Queen’s Park to force new zoning rules on municipalities to encourage more housing development around transit stations with an emphasis on mid-rise “missing middle” heights of six storeys or less.
Oxford Properties is selling forty per cent of around $4.25 billion Cdn worth of assets in Australia held in the former Investa Office Fund. The property arm of Canadian pension fund OMERS is selling 11 non-core properties valued at more than $1.7 billion.
Developers and retailers have made a $2 billion wager that a new shopping mall can prosper in New York. The Shops at Hudson Yards, opening to the public March 15, has been given the herculean task of luring consumers to what was once a commercial desert.
IT and networking giant Cisco is expanding its operations in Western Canada. President Rola Dagher said Cisco Canada will spend $15 million to support new initiatives — including the addition of new senior artificial intelligence jobs to support the Western Canada operations.
Ottawa’s National Capital Commission is taking a new approach to LeBreton Flats by offering up pieces of the 21-hectare property for development in stages, but says the do-over might not include an NHL arena.
The Palais des congrès de Montréal recently unveiled the four pillars of its new vision predicated on becoming a leading advocate for Montréal and its unique brand of creativity.
Heritage Toronto released its State of Heritage Report, providing 15 recommendations on how to better promote and protect the city’s heritage. The report follows a year of research, consultations and engagement with 58 community organizations and over 500 members of the general public.
Canada’s money-laundering watchdog was cautioned as far back as 2014 that the country’s banking, real estate and casino sectors were vulnerable to sophisticated criminals washing vast sums of illicit cash. However, a report was never finished because the author was reassigned.
Thomson Reuters announced the launch of Practical Law Canada – Commercial Real Estate, a new module that provides expert guidance and tools to cover all aspects of commercial real estate practice, including acquisitions, leasing and financing.
Abercrombie & Fitch said Wednesday it plans to close up to 40 additional stores, with the majority of closures slated in the U.S. Over the last eight years, Abercrombie has shuttered about 475 stores.
REIT financial results:
For buyers looking for a new-build condo in Metro Vancouver, there’s good news – the number of available units has skyrocketed, according to the Urban Development Institute’s quarterly State of the Market report.
The Nova Scotia government has introduced two bills aimed at short-term rentals but is in no hurry to impose rules on Nova Scotians who use popular sites such as Airbnb or VRBO.
Two tenants’ organizations are seeking a ban on short-term rental platforms like Airbnb. The Comité logement du Plateau-Mont-Royal and the Comité logement Ville-Marie say existing efforts to regulate platforms where tourists can rent homes for shrot-term stays aren’t working.
As Vancouver homebuyers fear they will never be able to afford the million-dollar price tags and Calgarians fear they will never be able to sell, Winnipeg residents can buy a nice detached house for $305,000 and typical condo apartments for under $200,000.