Calgary’s industrial sector continues to be resilient in a struggling economy which hit hard in other commercial real estate sectors. CBRE says Q4 2018 was Calgary’s eighth consecutive quarter of positive net absorption and witnessed the most new supply since 2015.
Avison Young, the world’s fastest-growing, private and principal-owned, global commercial real estate services firm, announced it has closed the acquisition of U.K.-based GVA, one of the U.K.’s leading and most diverse real estate advisory businesses.
The Co-operators has a 50-year history in Guelph, Ont., a bond which will continue for decades to come after building a new head office in the city. “We’re thrilled to remain in Guelph,” said Co-operators’ Shawn Fitzgerald.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks today released a snapshot looking at the cannabis “land grab” happening in the US and Canada as companies focus on increasing their real estate footprints.
The Montreal borough of Saint-Laurent has long focused on sustainability and environmentalism, and it has reduced its greenhouse gas (GHG) emissions by 15 per cent between 2009 and 2017.
Even during banner year for REITs in 2018, CT REIT’s (CRT-UN-T) total return was negative 16 per cent. Has the Tire totally lost its tread? Is this the beginning of a long and nasty skid for the Canadian retailing icon? Hardly.
InterRent REIT (IIP-UN-T) is a unique growth REIT that might be of interest to younger, growth-oriented investors who value distribution growth just as much as an upfront distribution payout. InterRent actually managed to soar 43 per cent last year.
On Jan. 31, chair of the board of trustees John Levitt acquired 20,465 units of PRO Real Estate Investment Trust (PRV-UN-X) at a cost per unit of $2.19, increasing his portfolio’s holdings to 81,504 units. The purchase amounted to more than $44,000.
The contrast could hardly be sharper. In Inglewood, Calif., an army of construction workers is transforming a 300-acre site into a sports and entertainment district anchored by a 70,240-seat stadium.
More than a year after the city of Edmonton permanently shuttered Northlands Coliseum, the once-bustling attraction remains in “dark operations,” with only security guards roaming its echoing halls.
Vancouver’s once red-hot housing market continued to cool last month as the number of home sales fell to the lowest level seen in January in 10 years and were down down 39.3 per cent year-over-year.
If you were lucky enough to own a single-family home in Ottawa over the past couple of years, you would have seen the value of your house jump fastest among the country’s six largest cities.
If the Ontario government wants to speed up building approvals and housing construction, it should start by streamlining the unwieldy environmental assessment process for new roads and sewers, the City of Ottawa says.
Canada’s increasingly restrictive mortgage regulations and the rising interest rates issued by the Bank of Canada never cease to grab our attention. But their impact on Canada’s expanding gig-based work force has rarely been examined.
Ron Joyce, a Nova Scotia native who made Tim Hortons coffee and doughnuts a staple of Canadian diets and created a billion-dollar empire, has died. He was 88. His family said he died peacefully in his home in Burlington, Ont.
The Alberta NDP promises to put up one billion in public dollars to back new oil refining in Alberta, even as there’s more bad news when it comes to government investment in business.
HBC (HBC-T) today announced it has completed the sale of a 50 per cent stake in 18 German properties to a subsidiary of SIGNA Prime Selection valued at $375 million Cdn.
Within days, Britons would be voting on whether to remain in the European Union or leave. The French insurance giant Axa SA was trying to figure out how the outcome would affect its investments across the Channel.