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Industry

STOREYS' Trend Of The Year: The Pivot To Purpose-Built Rentals

Over the last twelve months, many industry professionals have shifted their focus from the embattled condo market to creating more purpose-built rentals.

Development Projects

Devron's 101 Spadina Grows From 39 To 50 Storeys

​The height increase would allow for the inclusion of 77 additional dwelling units, bringing the total unit count up to 452.

Opinion

Op-Ed: CoV Seeks To Generate Profits From A Market It Is Actively Obstructing

​Wouldn't it be more beneficial if the City of Vancouver sold its trophy site to fund non-market housing or reduce inclusionary housing requirements?

Office

Allied Properties REIT Exits Ottawa With $86.5M Sale Of Heritage Chambers Office

​Allied Properties REIT sold 40 and 46 Elgin Street, its last two properties in Ottawa, in December to the Government of Canada.

Development Projects

Castlepoint Numa Ups Height On Junction Purpose-Built Rental

"The increase in density will support the delivery of additional rental housing and additional affordable housing."

Meet The Agent

Meet The Agent: Angela Reyes, Sutton Premier Realty

It's time to say "Hello" to Angela Reyes, Sutton Premier Realty, who focuses on BC's Lower Mainland.

Development Projects

Plans Filed For 40- And 45-Storey Residential, Film Studio In Toronto’s Port Lands

Plans from Tepfam Holdings are in keeping with the ongoing efforts to turn the Port Lands neighbourhood of Toronto into a buzzing community and housing hub.

Office

Foreclosed Surrey Westfield Business Centre Vacant For 26 Years Sold For $57M

The Westfield Business Centre at 14178 104 Avenue in Surrey was constructed in 1998, but has never been occupied.

Development Projects

6 Developments Toronto City Council Approved This Week

A number of development proposals received zoning approvals at Wednesday's Toronto City Council meeting, bringing them one step closer to fruition.

Marlon Math

Threats Loom And The Best Time To Build May Be Right Now

The good news is construction costs have dropped off a cliff the past few years. But the bad news: not many people can build anything due to horrific housing economics we have in the Greater Toronto Area.

Development Projects

Telus Living & Ledcor Proposing 25-Storey Rental Tower In East Vancouver

​The proposal by Telus Living and Ledcor Group is set for 354-380 East 10th Avenue in the Mount Pleasant neighbourhood of Vancouver.

Renting

Average Canadian Rent Hits 18-Month Low, "Improved Affordability" Ahead

“Heightened downside risks for the economy, combined with declining international population inflows and multi-decade highs for apartment completions, suggest rents will continue to weaken in the months ahead."

Industrial

Wesbild Sells 28-Acre North Van Site To Dream Industrial REIT & GIC For $143M

Wesbild acquired 1371 McKeen Avenue in North Vancouver in 2017 and has now sold it to Dream Industrial REIT and GIC, the Singaporean sovereign wealth fund.