Western Investor staff

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...

Baby boomers are the biggest cannabis consumers: StatsCan

Baby boomers – defined as those over 55 – are the primary consumers of marijuana, according to Statistics Canada, and marijuana storefront operators say many of their regular clients are over age...

Hudson’s Bay invites bids on its iconic downtown Vancouver location

Hudson’s Bay Company’s (HBC) is inviting bids on its iconic flagship store on Granville Street, following news of the retailer’s Lord & Taylor Fifth Avenue sale in New York.  The Toronto-based...

Vancouver investment in commercial real estate outpaces Toronto in first half of 2017

Despite having a much smaller population, Vancouver surpassed Toronto in property investment by more than $1 billion in 2017’s first six months.    This is the first time commercial real estate...

Condo shortage looming in Vancouver

Despite a white-hot presale market that has driven new condo inventory to record lows, mandatory registration of new Vancouver condominiums have fallen 28% as starts have plunged. Registrations of...

Chevron sells off two more Vancouver stations for redevelopment

Two more Vancouver Chevron stations have been sold and three more sites are currently for sale, allowing the company to profit off their redevelopment potential. One of the stations, located at the...

Commercial real estate report: ‘Greed’ blamed for multi-family land sales nosedive

30% drop in sales of Metro Vancouver multi-family development sites in first half of 2013

Payoff from 2010 Winter Games exposure proving elusive for commercial and residential real estate

Olympic optimism yet to be fulfilled one year after the international sporting event rolled into B.C.