CRE

NEW YORK – Americans are likely to see more ''for rent'' signs in the coming months as many businesses devastated by the coronavirus pandemic abandon offices and storefronts and potentially end a long boom in the nation's commercial real…

According to a Statistics Canada release, investment in building construction plunged 45.9% to $8.4 billion in April compared with the previous month. Previously, the largest national decline on record for the current series (which dates…

Each day, SoHo hotel general manager David Kelley hears the sound of his footsteps echoing off the marble floors and panelled walls as he walks across the lobby, a space as empty as the 89 rooms above him.''It is very quiet. We keep it…

TORONTO – Starbucks is planning to close up to 200 coffee shops across Canada as it responds to changes in consumer habits during the COVID-19 pandemic.The Seattle-based chain is restructuring its company-operated business in Canada…

TORONTO – The Ontario government is putting a temporary ban on commercial evictions to help small business owners who are struggling to pay their rent amid the COVID-19 fallout.Premier Doug Ford says the moratorium applies to small…

The Retail Council of Canada (RCC) has stated that it “applauds the governments of Alberta and Saskatchewan for listening and responding to the needs of small and medium sized retail businesses with today's announcements of moratoriums on…

TORONTO – Premier Doug Ford moved swiftly to shutter a larger swath of Ontario's economy on Friday in the wake of bleak projections about the death toll of the CODIV-19 pandemic.Shortly after the release of numbers showing…

:TORONTO — Due to the evolving COVID-19 situation, on Monday March 23, the Ontario government announced that it will be ordering at-risk workplaces to close-down, while encouraging businesses to explore opportunities to continue…

NEW YORK – A restaurant owner wonders how she can stay in business if she can't sell food and drink.A hair salon operator shuts down to protect his clients and employees.A photographer who expected to take pictures at an Ivy League…

TORONTO – Real Estate giant Brookfield Property Partners LP saw its earnings jump 80 per cent in the fourth quarter despite pressure on its retail side from a rise in tenant bankruptcies.Overall net income for the company, which…