“There’s enough demand everywhere in Canada to build apartments.” That’s how Derek Lobo, CEO of SVN Rock Advisors Inc., Brokerage and founder of the AptCon 19 rental apartment development conference, opened his state-of-the-nation address at the event.
As Toronto condos and their appliances get smaller and smaller, Minto Communities Toronto is saving space by ditching an appliance altogether: the oven. In 162 units at 576 Front St. W., all suites under 480 square feet, there is no standalone oven.
The Investment Management Corporation of Ontario (IMCO) and Tishman Speyer today announced the creation of a joint venture established to build a valuable portfolio of new developments and repositioned office and multi-residential properties in major U.S. gateway cities.
Allied Properties REIT (AP.UN-T) will spend $400 million to purchase two Montreal office properties, the nearly million-square-foot 700 De La Gauchetière St. W., and the 343,579-square-foot RCA Building. Allied is paying $322.5 million for 700 De La Gauchetière and $80 million for the RCA Building.
Richard Baker has shown he sees value in real estate that eludes the rest of us. As the 39th governor of HBC, Baker has tried to find new ways to make a buck at the country’s oldest company, founded in 1670.
To Walmart (WMT-N) executives, the Auto-C self-driving floor scrubber is the future of retail automation — a multi-million-dollar bet that advanced robots will optimize operations, cut costs and revolutionize the American superstore.
Vice President , The Regional Group of Companies Inc
At the Retail Council of Canada’s recent annual conference in Toronto, Restaurant Brands International (QSR-T) chief corporate officer Duncan Fulton talked corporate culture and what it was like when RBI added Tim Hortons to its portfolio in 2014.
Quebec-based Foodtastic has bought Ottawa’s Big Rig Brewery and Big Rig Restaurants in a bid to tap into the Ontario food and beer market. Foodtastic operates 55 restaurants under seven different banners. Financial terms of the deal were not disclosed.
Two free outdoor co-working spaces are opening this week in Montreal — one in the Old Port on Tuesday and another in the District Central of Ahuntsic-Cartierville on Thursday.
Looking for ways to create a better tenant experience and boost their bottom lines, flexible office operators are generating new revenue streams by offering additional on-site services and establishing new business lines.
Something happened on the way to the late stages of the current real estate market cycle. Investors decided to allocate more capital to a strategy that entails taking on additional risk – value-added property.
Neil Bruce, SNC-Lavalin Group Inc.’s chief executive, is stepping down after a nearly four-year tenure that saw its stock fall by roughly half and its projects overshadowed by a political controversy tied to an ongoing corruption case.
Cannabis growers rejoiced last month when B.C.’s Agricultural Land Commission (ALC) announced all forms of cannabis production are considered to be a “farm use,” and therefore can take place on land in the province’s Agricultural Land Reserve.
Between mega-projects in emerging neighbourhoods and major shifts in the retail and office markets, the New York commercial real estate landscape is changing.
Green Growth Brands Inc. (GGB-CN) announced an arrangement to open over 70 prime shop locations with potential for more at Brookfield Properties‘ (BPY-UN-T) shopping centres throughout the United States.
The Office of the Superintendent of Financial Institutions (OSFI), Canada’s top federal banking regulator, says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices.
Fuelled by a wave of apartment construction, housing starts in Gatineau hit a 50-year high in May as builders in the National Capital Region continued to launch new projects at a torrid pace, reports the Canada Mortgage and Housing Corp.
Virtually everyone in the GTA is aware the region has a housing supply and affordability challenge. Issues include housing availability, increasing rents, the costs associated with construction and increased density as the building industry works to meet demand.
At one time Vancouverites never gave any thought to the meaning of a condo that had no one living in it. But too many dark windows got people wondering, and it inspired urban planner Andy Yan to start asking questions.