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3 days ago |
renx.ca | Steve McLean |Don Wilcox |Evan Duggan |John Dujay
CPKC managing director of business development and transload Eric Goodman. (Courtesy CPKC)Canadian Pacific Kansas City (CPKC) has certified its first nine "site-ready" rail-served locations across North America for potential industrial or logistics development, including sites in Alberta and Quebec. Calgary-headquartered CPKC, created via the April 2023 merger of Canadian Pacific and Kansas City Southern, is the only single-line transnational railway linking Canada, the United States and Mexico.
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3 days ago |
renx.ca | Steve McLean |Evan Duggan |John Dujay
Marc Ricou is the executive vice-president, commercial at Bosa Properties. (Courtesy Bosa Properties)Bosa Properties has bought two properties along Kingsway in the Royal Oak neighbourhood in Burnaby, including one that is operating as the Best Western Plus Burnaby Hotel. The deal, brokered by NAI Commercial, includes a 2.7-acre site with the hotel at 5411 Kingsway, as well as the adjacent 0.17-acre parcel at 5367 Kingsway.
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2 weeks ago |
renxhomes.ca | Tyler Choi |John Dujay |Evan Duggan
Vesta takes luxury to suburban Calgary city, with Monarch condos Langley, B.C.-based company is building the first multifamily style residences in Cooper's Crossing Business editor Monarch condos will represent the first luxury low-rise housing product in Airdrie, Alta., Vesta says.
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2 weeks ago |
renx.ca | Derek Lobo |Steve McLean |Evan Duggan |Eric Horie
I recently sat down with Mansoor Kazerouni, global director of the architecture and urbanism division at Arcadis, to discuss the shifting landscape of Canadian housing — specifically, the transformation of the condominium market and the rising relevance of purpose-built rental apartments.
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2 weeks ago |
renxhomes.ca | Tyler Choi |Evan Duggan |John Dujay
The interior of 4802 - 200 Cumberland St., a luxury condo in Toronto. (Courtesy Corcoran Horizon Realty)The luxury housing market in the Toronto area shows signs of strength despite the overall downturn in housing sales activity and Canada's ongoing economic turmoil. Sotheby's International Realty Canada found sales of homes worth over $4 million in the Greater Toronto Area (GTA) went up 21 per cent from 2023 to 2024.
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2 weeks ago |
renxhomes.ca | Tyler Choi |Evan Duggan |John Dujay
Anne-Elise Cugliari Allegritti, the director of research and communications at Royal LePage. (Courtesy Hill & Knowlton)The Canadian recreational property market is expected to stay on the positive side in 2025, a Royal LePage market report says, despite the downward pressures of economic and political uncertainty. A shortage of supply is the driving factor, Royal LePage’s director of research and communications Anne-Elise Cugliari Allegritti said in an interview with RENX Homes.
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3 weeks ago |
renx.ca | Evan Duggan |Steve McLean |Derek Lobo |Eric Horie
David Frum, a former U.S. presidential speechwriter, Republican strategist and now Canadian-American staff writer at The Atlantic, speaks at the Vancouver Real Estate Forum. (Evan Duggan RENX)Canada faces difficult times ahead. That reality was the overriding undercurrent at the Vancouver Real Estate Forum last week, where commercial property industry leaders came together with issues like tariffs, the Canadian election, immigration and economic policy at the forefront of their minds.
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3 weeks ago |
renx.ca | Evan Duggan |Danny Kucharsky |Steve McLean
Byron Chard, president and CEO of Chard Development, at left, and Lilian Arishenkoff, senior vice-president, development with Wesbild. (Courtesy Chard, Wesbild)Perseverance is the mantra around the development community in B.C.'s Lower Mainland these days - as it is in many markets across Canada. Already not amused by high development charges from regional governments and facing sluggish demand for new housing and other property types, B.C. developers are anticipating more economic uncertainty.
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3 weeks ago |
renx.ca | Steve McLean |Evan Duggan |Derek Lobo |Eric Horie
A rendering of Almadev's LSQ project in Toronto. (Courtesy Almadev)Almadev has broken ground on two condo towers comprising the first phase of LSQ, a 15-acre master-planned, mixed-use community on Sheppard Avenue East in the Toronto suburb of North York. As pre-construction condominium sales have severely slumped over the past couple of years and some projects have been delayed or stalled, LSQ is one of the few condo projects launched in 2023 to officially begin construction in 2025.
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1 month ago |
renxhomes.ca | Tyler Choi |Evan Duggan
Highstreet Village in Abbotsford, B.C., by developer AB Wall. (Courtesy AB Wall)The developer of a large residential community in Abbotsford, B.C. says nearly 80 per cent of the construction materials and installations for the project are being sourced locally or in Canada, a figure most others in the industry should be able to match. A series of tariffs instituted by the U.S. have gone into effect, with additional tariffs being threatened.