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Minto Confirms it is Going Public
Minto Yorkville at 61 Yorkville Ave. in Toronto.Ottawa-based Minto Properties Inc. has confirmed a story first reported by CoStar News that it will be taking its multifamily division public under the banner Minto Apartment Real Estate Investment Trust...

Suburban Vancouver Office Vacancy Rate Dropping Fast
Pictured: Tony Quattrin, vice-chairman of the national investment team at CBRE Vancouver.The vacancy rate in Vancouver's suburban office market reached its lowest level in almost 17 years in the first quarter of 2018, and that is driving investor demand...

Is Toronto Cursing Amazon in HQ2 Bid?
Pictured left to right: Rob Spanier, partner and principal, Live Work Learn Play; Bryan Buggey, acting CEO, Vancouver Economic Commission; Toby Lennox, CEO, Toronto Global; Blair Patacairk, VP global expansion, Invest Ottawa; Jennifer Keesmaat, CEO, Creative...

Ottawa's Minto Meeting with Advisers on Possible Multifamily IPO
Minto Yorkville at 61 Yorkville Ave. in Toronto.One of Canada's largest and longest operating real estate companies has hired investment bankers as it considers spinning off some of its extensive apartment holdings into a publicly traded entity, according...

From Bell Peppers to Cannabis
Image Credit: Colliers International.The high cost of industrial land in Metro Vancouver should serve as a catalyst to allow cannabis greenhouses on British Columbia's agricultural land reserve, according to a new report. Colliers International is...

Federal Government to Launch New Housing Initiative Worth $13.2 Billion
Pictured: Evan Siddall, chief executive of Canada Mortgage and Housing Corp.The federal government announced a new initiative Wednesday to create up to 60,000 affordable housing units and repair up to 240,000 units over the next decade. Ottawa is creating...

Pure Multi-Family REIT Gets Investor Vote of Confidence in Latest Twist in Proxy Battle
Battle lines continue to be drawn in the fight for control of Vancouver-based Pure Multi-Family Real Estate Investment Trust ahead of an expected showdown at the firm's May 24 annual general meeting. The latest company to enter the fray is Vancouver...

It's No HQ2 but Amazon Growing in Vancouver
Amazon said Monday it is expanding its Vancouver tech hub and creating an additional 3,000 jobs in e-commerce technology, cloud computing and machine learning. The company made the announcement at the site of its 416,000-square-foot development centre...

Here's Why Strata Doesn't Work at $2,000/PSF
Vancouver's office market was redefined by a deal in 2017 that saw Bosa's Waterfront Centre sell out strata units for more than $2,000 per square foot in a matter of days. Months later, panelists that were part of breakout sessions at the Vancouver...

Blackstone Joins Hunt for Vancouver Industrial Space
The world's largest real estate private equity firm with U.S.$120 billion under assets is eyeing the Vancouver industrial market for expansion, but the problem for New York City-based Blackstone Property Partners is so is everybody else. At the Vancouver...

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