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Real Estate

91Ô­´´ office market at ‘turning point’ as investment recovers

91Ô­´´ office market at ‘turning point’ as investment recovers

Leasing activity also expected to pick up following anticipated rate cuts
Victoria condo owners seek compensation for property-value drop due to new rental rules

Victoria condo owners seek compensation for property-value drop due to new rental rules

The owners of 22 strata units argue legislation limiting the strata units’ use amounts to expropriation
91Ô­´´ industrial vacancy rate surpasses 3% for first time since 2015

91Ô­´´ industrial vacancy rate surpasses 3% for first time since 2015

Metro 91Ô­´´ industrial vacancy rate still among lowest in Canada, says Avison Young
Kamloops prepares for housing boom as old government building comes down

Kamloops prepares for housing boom as old government building comes down

Hundreds of homes to be built in two-phase project starting in 2025
Metro 91Ô­´´ developers propose shifting construction fees directly to homebuyers

Metro 91Ô­´´ developers propose shifting construction fees directly to homebuyers

Metro 91Ô­´´ developers say they should not be on the hook for development cost charges levied on new home construction projects to pay for growth-related infrastructure; however, one developer has pitched a proposal that such fees first be financed by government then paid by homebuyers, upon purchase.
Don’t rule out 75bp cut in overnight rate, says CIBC economist

Don’t rule out 75bp cut in overnight rate, says CIBC economist

Wednesday's interest rate decision by Bank of Canada could pack a large punch
Burnaby thwarts provincial transit-oriented housing laws — again

Burnaby thwarts provincial transit-oriented housing laws — again

For the second time, city council has postponed a decision on transit-oriented development required by the B.C. government until the provincial election is settled.
91Ô­´´ project takes aim at B.C.’s commercial rent crisis

91Ô­´´ project takes aim at B.C.’s commercial rent crisis

Multi-phase initiative aims to help independent businesses grapple with affordability issues
Port Moody's tallest towers would come with a grocery store, plaza and pedestrian bridge

Port Moody's tallest towers would come with a grocery store, plaza and pedestrian bridge

91Ô­´´-based PCI Developments wants to build two 39-storey rental towers next to the Moody Centre SkyTrain station.
Competition Bureau seeking input on property controls in grocery industry

Competition Bureau seeking input on property controls in grocery industry

GATINEAU, Que. — The Competition Bureau issued a call-out Monday, seeking information from grocery retailers and those in the real estate business about restrictive real estate clauses in the 91Ô­´´ grocery industry.