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Alberta

Artis REIT sells eight more retail assets as transformation unfolds

Artis REIT sells eight more retail assets as transformation unfolds

Sale announcement follows listing of Alberta, Saskatchewan properties
Sutton Group purchase promises to boost use of tech in real estate

Sutton Group purchase promises to boost use of tech in real estate

McCredie making significant investments following the purchase of the 40-year-old brand
Annual rent increases slowing as average asking price reaches $2,174 in November

Annual rent increases slowing as average asking price reaches $2,174 in November

Data released Friday by Rentals.ca and Urbanation, which analyzes monthly listings from the former's network, showed the annual rate of rent growth in Canada continues to slow.
Macklem says 2024 likely to be ‘transition’ year as economy slows, inflation falls

Macklem says 2024 likely to be ‘transition’ year as economy slows, inflation falls

OTTAWA — Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation.
Artis REIT puts Western Canada retail portfolio on the block

Artis REIT puts Western Canada retail portfolio on the block

Sale aims to improve performance for unitholders
Calgary leads Western Canada's multifamily rental market

Calgary leads Western Canada's multifamily rental market

Rents are rising faster as sales of apartment buildings and condos hit a record high and more people move into the city
Frank O'Brien (1949-2023)

Frank O'Brien (1949-2023)

Western Investor editor was a spirited and prolific writer about B.C. real estate.
'Fog of work from home' shifting real estate lenders' views on office properties

'Fog of work from home' shifting real estate lenders' views on office properties

Real estate lenders drawing a bead on industrial and purpose-built rental properties.
‘Haven't seen this since the `80s.’: Canadian real estate lenders look to 2024

‘Haven't seen this since the `80s.’: Canadian real estate lenders look to 2024

Vancouver remains one of the top markets when it comes to real estate lender appetite in Canada, according to CBRE Canada survey
Smith invokes sovereignty act on green electricity, concedes it's for symbolic effect

Smith invokes sovereignty act on green electricity, concedes it's for symbolic effect

EDMONTON — Premier Danielle Smith invoked Alberta’s sovereignty act on Monday to implement new measures in her fight against Ottawa’s looming clean electricity rules while conceding she didn't need the act to put the changes in place.