Office vacancy in downtown St. John’s rose by 4.54 points to 26.69 per cent in 2018, pushing the Newfoundland and Labrador capital’s overall vacancy to 17.21 per cent in December. It marks the fifth straight year of increased vacancy in St. John’s.
Devencore, a leading, privately owned commercial real estate company with offices across Canada, today celebrated the relocation of its Vancouver office to Bentall II in the Financial District of Downtown Vancouver.
Tech giant Amazon is considering investing up to $1 billion in Quebec, according to a provincial government document obtained by La Presse. The investment would be through Amazon Web Services which opened its first data centre in the Montreal region in 2016.
Jon Ramscar has worked in two countries, was employed twice by JLL and has just returned to CBRE for a second time as its new executive vice-president and managing director of the company’s Toronto downtown office.
Alfonso Graceffa, the head of a Caisse de dépôt et placement subsidiary, will step down as an investigation of its activities continues, the provincial pension fund manager said Friday. Graceffa is president and CEO of Otéra Capital.
Another three towers could be added to the Coquitlam City Centre skyline. Monday, council sent to public hearing a proposal by the Onni Group to build towers of 49, 45 and 25 storeys, comprising 891 units, including 186 rental units in the smallest tower.
Toronto’s Jeffrey Wynn is thrilled to be in Buffalo these days. This month, his family-owned company Gold Wynn Residential quickly became one of Buffalo Niagara’s major real estate investors with their purchase of 841 apartments and 85,000 square feet of CRE.
When Stéphanie Poliquin started her public service career in 1988 at what was then known as Public Works Canada, she said “everything was orange. And dusty, and thick.” Over the past two years, the bureaucracy has rolled out GCworkplace.
Those of us who recall working in beige offices, divided into soulless cubicles with a singular shared bathroom will keenly understand why female-friendly workplaces have merit. Research indicates women have greater sensitivity to their workplace environment.
Amazon.com Inc is exploring alternatives to locating part of its new headquarters in New York in case the plan should fail due to local opposition, a source said Friday. Toronto was the only Canadian city among the 20 finalists.
The firm that sold Chelsea Market to Google for $2.4 billion has joined three large brokerages, among others, to back software designed to meet the growing demands of a millennial workforce that is changing how office space is leased and managed.
Private equity firm PAG has purchased Mapletree Bay Point, a prime office building in Hong Kong’s Kowloon East area which is home to both HSBC and WeWork, according to sources. The purchase price was approximately $1.45 billion Cdn.
VIDEO: Royal LePage CEO Phil Soper gives Financial Post’s Larysa Harapyn a contrarian view for a realtor on why he thinks the stress test is needed for the longer-term health of the economy.
Menkes Developments Ltd.. announced that according to new data released by Altus Group, a leading provider in real estate data and advisory services, Sugar Wharf was the best-selling new condominium project in Canada for 2018.
The Toronto Real Estate Board’s 2019 Market Year in Review and Outlook report predicts more sales, higher prices, and tight supply. The average selling price in 2018 was $787,195. TREB predicts the average selling price to be $820,000 this year.
Housing industry leaders say Metro Vancouverites can expect to see single-family home prices continue to fall this year along with some softening in the prices of new multi-family homes.
January real estate numbers show further softening of the Metro Vancouver real estate market, and nowhere is that effect more dramatic than on Vancouver’s West Side. One realtor blames a lack of foreign buyers.