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...