Industry News
Boundary Bay industrial park names first tenant
The Dayhu Group has announced Apps Express, a full service national transportation company, as the first tenant for its new Boundary Bay Industrial Park.
Crestpoint acquires Vancouver heritage building
Crestpoint Real Estate Investments Ltd. has acquired The London Building, an eleven-storey heritage development in downtown Vancouver.
Canadian office market facing pressure: Report
While Canadian office markets saw post-recession stability, Avison Young's 2014 Canada, U.S. Forecast shows that vacancy rates are now going up.
Nordstrom opening at Toronto Eaton Centre
High-end retailer Nordstrom has announced that it is moving into Sears’ soon-to-be-vacant flagship location at the Toronto Eaton Centre.
Canadian hotel transactions on the rise
The Canadian hotel industry recorded its best year since the 2008 recession, with Colliers reporting more than $2 billion in transaction volume in 2013.
Allied Properties acquires infill developments
Allied Properties REIT has entered into agreements to acquire three infill properties in Montreal and Calgary for $69.2 million.
Fengate acquires six Class A Ontario offices
Fengate Capital Management Ltd. has acquired a portfolio of six Class A office properties in Ontario for $220 million.
Brookfield and Oxford sign U.K. agreement
Brookfield Office Properties Inc. and Oxford Properties have signed a pre-let agreement for the London Wall Place in the United Kingdom.
GTA commercial leasing dips in fourth quarter
The Toronto Real Estate Board reports that leases on industrial, commercial/retail and office space was down in the fourth quarter of 2013.
Bentall Kennedy acquires three shopping centres
Bentall Kennedy has acquired three Canadian shopping centres from the Canada Pension Plan Investment Board.
Edmonton office market on the rise
Avison Young reports that Edmonton’s office market showed steady improvement in the fourth quarter of 2013.
360 Vox acquires resort in Croatia
360 Vox Corporation has acquired a 65.15 per cent interest in the holding company for Dalmi’s Clearpoint Resort in Cavtat, Croatia.
First Capital acquires False Creek retail property
First Capital Realty Inc. has completed its acquisition of an urban retail property False Creek Village in Vancouver.
Concert Properties adds to B.C. portfolio
Concert Properties has recently acquired an office and industrial property within the Crestwood industrial area of North Richmond, B.C.
De Beers opens first Canadian store
De Beers Diamond Jewellers has opened its first store in Canada in downtown Vancouver.
Downtown Ottawa vacancy rates set to rise
A new report says that Ottawa’s downtown office vacancy rate is expected to rise due to a number of new developments nearing completion.
Ivanhoe Cambridge to develop Edmonton outlet
Ivanhoe Cambridge and the Edmonton International Airport are partnering to develop an outlet mall near the airport featuring 350,000 square feet of retail.




