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Original global commercial real estate news, analysis, and trends covering the global capital markets, including domestic and foreign investors, cross-border debt & equity activity and more.
Unix Housing plans 31-story apartment complex near University of Toronto.
New law would permit higher density, overhaul land use approvals.
Slowing construction demand leads to 17% cut, about 200M board feet.
While capital values could correct by up to 30% globally, "the shock the market is now feeling can largely be absorbed.".
Europeans place 15% more capital in US CRE when the Euro is falling than they do when it is performing well.
The final sum breezed by the target $2.5 billion.
Aeon will screen short-term loans for ESG considerations.
Vancouver, Ottawa, Toronto have three of five-lowest vacancy rates in N. America.
Availability at all-time low, rents at all-time high, 90% of deliveries pre-leased.
The company will try to expand its HVAC efficiency technology business.