Real Estate
CondoBusiness
Canderel appoints Brett Miller as CEO
The Canderel Group of Companies has appointed 30-year industry veteran Brett Miller as chief executive officer, effective February 18, 2019.
CondoBusiness
$700-mil mixed-use development set for Montreal
Devimco Immobilier and partners have joined to develop MAESTRIA, the largest mixed-use real estate project in Montreal’s Quartier des spectacles.
Canadian Property Management
CRE gender pay gap widens at mid-career
A 2018 Women in CRE Survey found that 65 per cent of respondents were made aware of being paid less than a male counterpart at some point in their career. Of those, 75 per cent noted it happened at least two times.
CondoBusiness
National home sales projected to fall by year’s end
CREA's revised national forecast for home sales activity for 2018 and 2019 finds sales are expected to fall by 9.8 per cent to 462,900 units this year.
Canadian Apartment Magazine
Developers weigh in on market drivers
Collectively, the 400+ C-suite and senior executives see more opportunity than threat in technological advancements, social change and a less economically stratified society.
Canadian Property Management
REALPAC calls for smoothing of tax inequities
An illogical quirk in the apportionment of business education tax continues to undermine competitiveness for some of Ontario's major cities, advocates for the commercial real estate sector maintain.
Canadian Property Management
Hurricane Florence could swamp asset values
REITs hold more than 5,500 properties in the area flagged for storm surge and other severe weather fallout.
Canadian Property Management
ESG performance earns Triovest global standing
Triovest achieved the best GRESB score, 88 out of 100 possible points, in its peer group of non-listed, diversified office/industrial portfolios.
Canadian Property Management
Canadian REITs mark 25 years on the TSX
Since the first two listings in 1993, investors can now look to 44 REITs with a collective market capitalization of $62 billion.
Canadian Property Management
Brookfield closes on GGP retail portfolio
Brookfield Property Partners has now completed the USD $15-billion deal, begun more than nine months ago.
CondoBusiness
Cryptocurrency risks, blockchain potential
Could the recent sale of a Toronto condo for cryptocurrency be the first sign of a shift in the condo industry towards use of digital currencies?
Canadian Property Management
Scotiabank to anchor new Bay Adelaide tower
The 32-storey, 820,000-square-foot building will be the third and final piece of the office complex Brookfield Property Partners brought to the downtown Toronto market in 2009.
Canadian Property Management
Calgary office vacancies ease marginally in Q2
Tenants in a position to take advantage of the current market dynamics are enjoying the flight to quality.
Canadian Property Management
Constrained Toronto market curbs Q2 investment
Land deals accounted for half the value of real estate investment in the Greater Toronto Area during the second quarter of 2018, while activity in the office sector dipped considerably.
Canadian Property Management
Slate Office REIT turns from East to Midwest
Slate Office REIT has inked deals for an acquisition in Chicago and a disposition in St. John's, Newfoundland.
Canadian Apartment Magazine
Investors chase multifamily properties
Midyear results from CBRE and Colliers International reveal that almost every other property type, except premier office, is trading at higher cap rates in major Canadian markets.
Canadian Property Management
NB office markets improve as St. John’s slips
Fredericton recorded 133,000 square feet of positive absorption since June 2017, taking the vacancy rate below 9.5 per cent, while Saint John showed the most marked improvement with a 3.7 per cent drop in vacancy.
