The Calgary real estate market saw a 28% rise in investments from the previous quarter, reaching a significant $925.52 million. However, the actual number of transactions was down by 16%. It would appear that Calgary has been relying more on the bigger investments, 94 of which totalled over $1 million. Out of all transactions, the
Recently, eminent brokerage firm Jones Lang Lasalle performed research to find out whether or not office space located near transit areas is more valuable. The results, as one would expect, show that tenants value office space located near transit at a much higher rate. Eleven markets in downtown Toronto were studied, and the results showed
Prospects are looking bright for Toronto real estate, as the latest quarter saw investors spend a record-breaking $4.9 billion in properties in the Greater Toronto Area. This is the highest amount of investing the market has seen since the 4th quarter of 2006, which saw the previous record-holding investment of $3.9 billion. This quarter’s results
The recent Calgary flood is one of the worst natural disasters to strike the city in quite some time. Property damage, in particular, has been extensive, a fact made clear by the landlords of various commercial and residential projects in the city. Bill Partridge, president of the Calgary Building Owners and Management Association, was able