Western Investor staff

B.C. to get Canada's first multi-storey, large-bay industrial development

"Bold solution" to make second storey of Burnaby development accessible to full-size transport trailers via a large ramp

Vancouver street is in top 10 list of Canada’s priciest for office space

Four Western Canadian cities made the top 10 in JLL’s annual rankings

National foreign vacancy tax on residential properties expected soon

Those outside of B.C. would feel effects most, as tax would be new in Alberta, Saskatchewan, Manitoba and eastern provinces

Pure Multi-Family REIT sold for $1.5b to Atlanta firm

Vancouver-based real estate investment trust holds extensive U.S. rental building portfolio, mostly in the fast-growing Sun Belt

CBRE lands massive $190M-a-year contract to manage B.C. government’s real estate

Global commercial real estate firm will provide maintenance, janitorial and construction services at courthouses, correctional facilities and government buildings throughout province

Oxford Properties to sell 50% stake in Fairmont hotels in B.C., Alberta

The Fairmont hotels are located in Whistler, Banff, Lake Louise and Jasper and are said to have an estimated transaction value of over $1 billion

Tallest residential tower in Western Canada to begin construction in Burnaby

The 64-storey tower is set to begin construction now that the site near Gilmore SkyTrain station has been cleared

Fraser Valley becomes favoured investment destination as giants step in, transit steps up

Giant distribution centre and LRT decision reflect reasons Metro developers, investors, homebuyers are heading south across the Fraser

Tim Hortons signs deal to expand into China

Canadian coffee icon Tim Hortons has inked a deal with private equity firm Cartesian Capital Group to expand into China. Under the exclusive master franchise joint venture agreement, Cartesian will...

Vancouver has highest construction costs in Canada

A high-quality 2,000-square-foot detached house would cost up to $460,000 in hard construction costs to build in Vancouver. In Toronto, this house would cost $420,000, and in Montreal, Calgary or...