While Calgary’s office market continues to languish, industrial real estate has almost doubled in size over the past 20 years. Data presented at the Calgary Real Estate Forum by Colliers International indicates since 2000 the region has seen 1,185 new buildings constructed.
WeWork’s current troubles could affect the 678,000 square feet of Metro Vancouver office space that CBRE counted the co-working-space company as either occupying or intending to occupy.
Initial plans for the development of the Treaty 1-owned portion of Kapyong Barracks include homes, condos and student and elder housing, as well as an Indigenous War Museum and arena with an NHL-sized rink.
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) announced Monday it is in the process of acquiring six multiresidential properties in four Canadian cities for $194 million. The REIT (CAR-UN-T) will also issue approximately $425 million in new units,
A provincial planning tribunal has upheld the city’s short-term rental rules. It found that the city’s regulations “represent a reasonable balancing” of ensuring that Toronto has housing for residents and that there are options for tourism.
Today’s renters want modern conveniences that go beyond updated appliances and new carpeting. Increasingly, renters expect property management companies to use technology that adds convenience and speeds up communication.
The first cyber-secure building in Atlantic Canada is on the rise in Fredericton. The $37-million, 150,000-square-foot Cyber Park is being constructed for the cyber security of Canada’s infrastructure, including defence systems, finance, transportation, hydro-electrical production and water.
There are storm clouds hanging over the P3 sector in Canada despite a robust pipeline of projects proposed by provincial and federal governments, delegates attending two panel sessions at the recent Association of Consulting Engineering Companies — Canada (ACEC) were told.
At a Northern British Columbia construction site larger than 600 city blocks, more than 1,000 workers have started building a massive liquefied natural gas plant and export terminal that is the only energy megaproject in Canada firing on all cylinders.
Toronto’s Highway 407 ETR is the road everyone loves to hate. All Torontonians should celebrate its mere existence. Whether you pay the tolls or not – and even if you don’t drive at all − everyone benefits from this freeway that isn’t free.
The American Psychologist has published an account of walkable neighbourhoods. Richard Florida of the University of Toronto says it demonstrates that “Jane Jacobs was right about the dynamic and innovative qualities spurred by living in dense, urban neighbourhoods.”
The City of London is currently in the hunt for a Smart City office manager. Director of planning John Fleming says the position will bring innovation technology to city planning. Fleming says it’s about using technology to improve lives.
A Los Angeles street artist is suing Katasa Group Inc. and Constitution Building for an Ottawa real estate development which allegedly misappropriating his art in an advertising campaign. The residence, Théo Ottawa, opened this fall near the University of Ottawa.
The HITT Zone recently opened up in 12,000 square feet of athletic training facilities in a former Sears warehouse in northeast Regina. Dale Griesser, Regina-based president and broker of Avison Young, said the developers spent $350,000 retrofitting the former warehouse space.
Stéphane Etroy is stepping down as Caisse executive vice-president and head of international private equity. His departure will allow Canada’s second-largest public pension manager to consolidate all of its private equity activities in Quebec and abroad under one roof.
Ivanhoé Cambridge has backed a $219 million Cdn fundraise by Spanish REIT Árima Real Estate. The companies said Ivanhoé Cambridge has invested $88 million for a 20.3 per cent stake in Árima to become the main shareholder in the listed company.
Almost 73 per cent of detached homes sold in Vancouver in the first nine months of 2019 went for below assessed value, while Kitimat and the Kootenays are booming, according to provincewide real estate figures released this week by Landcor Data Corporation.
Canadian home prices fell in October for the first time in six months but an underlying upswing was maintained, data showed on Tuesday. The Teranet-National Bank Composite House Price Index fell 0.1 per cent last month from September.
Elaa, a Montreal condo project by KANVA, is a subtle blend of public and private, hard surfaces and greenery that is deeply urban and also welcoming.