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Alberta

Montreal-based REIT buys eight Edmonton industrial properties

Montreal-based REIT buys eight Edmonton industrial properties

BTB Real Estate Investment Trust among investors awakening to real estate opportunities in Alberta’s capital city region.
Alberta top province for move-ins, U-Haul says

Alberta top province for move-ins, U-Haul says

Calgary led Western cities as a destination during 2021, with Kelowna, B.C. close behind and Vancouver dropping far down the rankings
CRE OUTLOOK 2022: ‘Beds, sheds’ and office deals lead big-city Alberta into New Year

CRE OUTLOOK 2022: ‘Beds, sheds’ and office deals lead big-city Alberta into New Year

Based on late-year momentum, industrial, multi-family and downtown offices will top real investments in Calgary and Edmonton in 2022
Feds, province announce $300-milllion broadband partnership

Feds, province announce $300-milllion broadband partnership

Projects will be announced in 2022, but due to global supply-chain issues and the ability for the industry to take on projects, communities might not get connected until 2023 or 2024.
St. Albert to expand by 3,700 acres in January

St. Albert to expand by 3,700 acres in January

Edmonton suburban city to annex 1,500 hectares of neighbouring land in the new year
Federated Cop-op buys 181 Husky gas stations

Federated Cop-op buys 181 Husky gas stations

$264 million deal is the largest retail acquisition in the Co-op’s history
Single-tenant assets prove a hat-trick investment

Single-tenant assets prove a hat-trick investment

Strong covenants with brand tenants, long triple-net leases and quality locations make single-tenant properties – even stratas - a prime investment for 2022
BREAKING: B.C. pension fund sells twin Calgary office towers

BREAKING: B.C. pension fund sells twin Calgary office towers

The Chicago investment group that purchased the Bow Tower in August has paid BCI $475 million for the fully leased twin-tower office complex in downtown Calgary
Calgary real estate is on a late-year roll

Calgary real estate is on a late-year roll

Commercial and industrial sales are tracking to top $2 billion this year as the housing market flirts with a 16-year record high for transactions in November
Extreme reliance on Trans Mountain pipeline exposed

Extreme reliance on Trans Mountain pipeline exposed

Burnaby refineries have run out of oil, B.C. fuel rationing in effect and gas is being barged from the U.S. after just a 10-day shutdown of oil flow from Alberta