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Real Estate
True North Apartment REIT adds to its Ontario portfolio with off-market acquisition
True North Apartment REIT announced that it will acquire four multi-family properties in Ontario for an aggregate purchase price of $25.7 million. The properties consist of four mid-rise buildings and a townhouse complex, and are located in…
WEB EXCLUSIVE: Beyond dig-and-dump
When Theresa Phillips began her career as an environmental consultant some 15 years ago there was a lot of excitement over bio-remediation techniques for contaminated soil. Stakeholders foresaw a time when genetically modified bacteria…
Partners REIT acquires Vancouver Island retail property
Partners REIT has signed an agreement to purchase the Mariner Square Shopping Centre, a six-building open-air retail centre aggregating approximately 101,000 square foot of gross leasable area in downtown Campbell River on the east coast of…
Vacancy rate in Vancouver’s top office buildings dips to 1.1 per cent
Jones Lang LaSalle’s second annual Blue Chip Building Index (BCBI), a barometer of the leasing environment in Vancouver’s Central Business District (CBD), reveals that the combined average vacancy rate of the city’s 20…
WEB EXCLUSIVE: Like Money in the Bank
Every year you work extremely hard with the intention to make more money so you can spend on what you desire. You put in more and more hours and seem to have less and less at after all the bills are paid. The problem is the more money…
Strong performance in Canadian real estate continues
Canadian commercial real estate delivered another strong performance in 2012, as measured by the REALpac / IPD Canada Annual Property Index.The annual total return of 14.1 per cent continued Canada's strong performance. Real estate…
Half-billion dollar residential real estate project underway in Mirabel
Ray Junior Courtemanche, of Investissements Ray Junior Inc. and Daniel Proulx, of Investissements Au Pied Carré Inc., are the two entrepreneurs behind La Cité de Mirabel, the largest residential real estate project west of the…
Signs of life in Canada’s suburban office market
Canada’s major downtown office markets have attracted a lot of attention in recent months, which has eclipsed yet another solid year for the suburban office market. Hard hit during the recession, the suburbs have recorded steady…
Colliers releases Canadian Hotel Investment Sentiment Survey results
Colliers International Hotels has released the results of its annual Canadian Hotel Investor Sentiment Survey, which was conducted in late 2012 in conjunction with the Ted Rogers School of Hospitality & Tourism Management at Ryerson…
Ivanho Cambridge and TPG acquire trophy London building
Ivanhoé Cambridge is co-investing with global private investment firm TPG in order to acquire the 351,000-sq.-ft. Woolgate Exchange, a well-known office building located in London's business district, close to the Bank of England.…