The CEO of 3Bridges Properties’ says his company plans to tap into its “unique background” to draw Asian visitors to a new billion-dollar, three-tower development in Niagara Falls which includes a luxury hotel and condominiums with views of the falls.
WeWork Cos Inc. has inked a deal to anchor BentallGreenOak’s new Vancouver development, dubbed B6 currently being built by a unit of Sun Life Financial Inc. WeWork will occupy 172,000 square feet on 10 floors of the 32 storey new office tower.
It’s been a few years since the first crop of Millennials joined the workforce. Millennials have forever changed how and where we work with new ideas about work/life balance that have led to modern mainstays such as the office dog, stadium seating and meditation spaces.
International retailers are selecting Vancouver as their launch pad for North American operations in part because its multicultural mix and culture make it an ideal testing ground, particularly for companies from the Asia-Pacific region.
Parkland Fuels, an independent supplier of petroleum products that also operates more than 1,800 service stations, says it will use a $4 million grant from a city investment fund to double its headcount in Calgary, bringing approximately 200 jobs to the city by 2020.
In a sign of Vancouver’s growing presence in artificial intelligence, Japanese tech giant Fujitsu has picked the city as its international headquarters. It is a small beachhead with about 20 employees, up from nine employees who relocated from Japan last fall.
Vice President , The Regional Group of Companies Inc
OC Transpo head John Manconi confirmed at Wednesday’s regular finance and economic development committee update that the Ottawa Confederation Line LRT will be ready for handover on Aug. 16, with the line opening to Ottawa riders some four weeks later.
A solution outlined at a closed-door Vancouver briefing calls for a new “subclass” for the development potential in the air above commercial properties. Currently taxed not on their based on “highest and best use” some businesses property taxes have doubled.
A Metro Vancouver developer is going back to the drawing board after a proposed 84-unit rental building in White Rock was rejected by council, illustrating the hurdles some developers face trying to get rental projects built despite near-zero vacancy.
Academy Road, three blocks north of Corydon Avenue is leading a mini-development boom in south Winnipeg. Atop the list is the long-time home to Academy Uptown Lanes bowling alley conversion into a multi-use building, including retail, office and condos.
There are no benches here, and shade is in short supply at Main Square, a complex of four brick-and-concrete high rises built in 1970-71 by the Victoria Wood Development Corp., with financing from the CMHC as a place for low-income families.
BNN Bloomberg reviewed the 100 most influential companies within the S&P/TSX Composite, a group that represents 88 per cent of the index. Within that industry-spanning group, there is currently one woman serving as a CEO: Nancy Southern, who runs Calgary-based Canadian Utilities.
It was the middle of 2017, and inspectors sent by Subway’s regional manager were finding a new problem to cite each month: a handprint on the glass door, the wrong brand of bathroom soap, cucumber slices that were too thick.
Avison Young announced today that it has acquired Hamburg, Germany-based Völckers & Cie Immobilien GmbH Real Estate Advisors. The purchase represents Avison Young’s first acquisition in Germany and further expands the company’s full-service platform across the country.
Australian retirement communities manager Aveo Group today confirmed that it has selected Brookfield Asset Management as its “preferred party” in takeover talks. Aveo operates 94 retirement and aged care communities valued at A$2bn.
A new report released today by Sotheby’s International Realty Canada revealed Greater Toronto Area market revitalized with healthy increases in sales over $1 million, while Montreal’s $1-million-plus real estate sales achieved new records in condo activity and balanced gains overall.
Toronto Haven Developments is taking the unusual step of seeking co-operation from customers at its proposed Six25BV as it tries to avoid being the latest to cancel a condominium project. Since 2017, there have been 6,350 condominium units cancelled in the GTA.
Amid the city’s housing crisis, as condo units have been getting smaller another curious thing has happened: walls and doors have turned to glass. MLS is full of ads selling or renting condo units in which glass has replaced bedroom walls and doors.
In 2015, RECO issued a notice to revoke the registration of Mississauga realtor Akbar Zarehhossainabadi, broker of record of Kingsway Real Estate Brokerage. Zareh admitted that he removed more than $30,000 worth of “chattels” from a house purchased in a power-of-sale transaction.