Commercial
Retail
Local Councillor Asking BC Gov To Allow Rent Control For Commercial Tenants
New Westminster Councillor Tasha Henderson is asking the Province to allow rent control for commercial tenants, akin to what's allowed for residential tenants.
Mar 05, 2024
Retail
The Body Shop To Close 33 Stores In Canada, File For Creditor Protection
The Body Shop's arms in the UK, Germany, Belgium, Denmark, and United States have also declared bankruptcy.
Retail
Donnelly Group Restructuring To See 7 Vancouver Pubs Sold
Donnelly Group, the owner of the Cinema Public House, Granville Room, and Hello Goodbye bars, filed for creditor protection in May 2023.
Development Projects
SCDC Cuts Height Of Planned 47-Storey Surrey Centre Block Office Tower
The Centre Block project is being undertaken by the Surrey City Development Corporation, the City's development arm that was resurrected last year.
Insider: Rate Cuts A Must For Housing Supply (And They Can’t Come Soon Enough)
The data shows it is completely plausible — and possible — to serve tens of thousands of new housing units into the market in the coming months, just by lowering rates.
Office
Plans For Sleek, New Office Space In Etobicoke Scrapped As Property Listed For Sale
The site of the intended build from Starlight Investments, 181 The West Mall, is now listed for sale, with little word on why the proposed development did not progress.
Retail
Oakridge Park Shopping Centre To Open In Spring 2025 With 100+ Global Brands
The reimagined Oakridge Park shopping centre, being developed by QuadReal and Westbank, will be home to Louis Vuitton, Prada, and Versace, among other luxury retail brands.
Commercial
Toronto Hotel And Strip Club Dance Onto The Market For $12.6M
If you’ve ever dreamed of owning your own boutique hotel, cluster of retail stores, and strip club (yes, you read that correctly), we have good news for you – that is, if you have a cool $12.6M.
Office
Majority Of Available Midtown Office Space Located In Bloor Node
Almost 2 million sq. ft of office space is available in the Bloor node, nearly two-thirds of which is in class A buildings. However, there is no flight from Bloor in "any way, shape, or form," experts say.
Office
London To Use Housing Accelerator Funding Towards Office Conversion Incentives
Mayor Josh Morgan says incentives will include $20,000 per one-bedroom unit and $28,000 per two-bedroom unit that's created via office conversions.
Commercial
InnVest Acquires Majority Of Morguard's Hotel Portfolio
The acquisition brings InnVest’s portfolio of Marriott-branded properties to 14, making it one of the largest owners of the chain in Canada.
Commercial
How Canada's Commercial Real Estate Markets Will Play Out In 2024
An in-depth look at where the office, industrial, retail, and multi-family sectors currently stand and what to expect for them in 2024.
Multifamily
Vancouver And Victoria Multi-Family Transactions Down 30% In 2023
The west side of Vancouver saw the most transactions, at 22, while the Langford/Colwood submarket in Victoria recorded the highest dollar volume, at $208M.
Commercial
Morguard Selling 14 Hotels In Ontario, Nova Scotia For $410M
The portfolio includes Marriott, Hilton, and IHG properties in cities including Toronto, Mississauga, Markham.
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