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Real Estate News

CP Rail forms joint venture to develop surplus real estate
Hunter Harrison, CP chief executive officer, has been saying for more than a year the Calgary-based company wanted to sell real estate worth $2-billion as part of its efforts to become leaner and more efficient.
Posted on 1-20-2015 at 10:54 AM
Price gap between Toronto homes, condos hits record high
The gap between condos and houses grew 16 percent in December compared to a year earlier, hitting a record of more than $251,000.
Posted on 1-20-2015 at 7:20 AM
Real Estate Watch: Chopping old Target stores into pieces?
As Target gears up to leave Canada, how are its retail locations going to be leased? There are a few options.
Posted on 1-19-2015 at 11:00 AM
Ivanhoé partners on $2.2B acquisition of Manhattan tower
The transaction is the latest in Ivanhoé Cambridge’s strategy of exiting non-core assets such as hotels and focusing on office buildings, residential units and shopping centres in Canada, the U.S., Europe, Brazil and Asia.
Posted on 1-16-2015 at 9:41 AM
Target’s Canadian retreat leaves a 20-million-square-foot hole
After Target's surprise decision to shutter all of its Canadian stores, who is set to fill the void?
Posted on 1-16-2015 at 9:37 AM
Canadian home prices drop in December: CREA
Sales of existing homes in Canada slumped in December, led by declines in Calgary and Edmonton, as tumbling oil prices hurt home buyer demand in the resource-dependent region of the country, the Canadian Real Estate Association (CREA) said on Thursday,
Posted on 1-15-2015 at 2:13 PM
Real Estate Watch: RioCan declines as Target walks away from Canada
RioCan Real Estate Investment Trust, Canada’s largest retail landlord, slid the most in more than three years as one of its largest tenants, announced it’s abandoning its operations.
Posted on 1-15-2015 at 1:11 PM
Target CEO discusses Canadian retreat
Three months ago, as the retailer was preparing for the critical holiday shopping season, Target CEO Brian Cornell had few answers for BNN about the retailer’s future in Canada.
Posted on 1-15-2015 at 11:15 AM

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