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Alberta
Alberta
Retail REITs hammered but eye recovery
RioCan has posted a $350 million loss; Choice Properties saw its asset value drop by $380 million in Q2
Jul 29, 2020 9:56 AM
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Edmonton MF solid; Calgary not so much
The total dollar volume of Edmonton apartment buildings sold in the first half more than doubled to $463 million, compared to same period in 2019.
Jul 22, 2020 11:03 AM
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Some hotels could pivot to multi-family rentals
With hotel revenues crashing and travel and conference restrictions expected to linger, now could be a prime time to consider transforming a hotel to rental housing, analyst says
Jul 22, 2020 9:30 AM
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Calgary home sales soar 59 per cent from May
Calgary shares in a national upturn in sales but its home prices are down from last year and remain among lowest among Canada’s big cities
Jul 15, 2020 11:02 AM
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Lowe’s building $120M Calgary distribution centre
Construction has started on a giant Lowe’s distribution centre near the Calgary International Airport.
Jul 6, 2020 11:35 AM
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Alberta fast-tracks $10 billion stimulus plan
Hail Mary plan could create 50,000 jobs as infrastructure spending and corporate tax cuts ramp up, according to Alberta Premier Jason Kenney
Jun 30, 2020 8:58 AM
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Alberta bans commercial evictions until end of August
NAIOP says ban “drives a wedge” between tenants and landlords, many of whom had been offering rent relief before government got involved
Jun 17, 2020 11:38 AM
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Edmonton retail poised for a breakout
Average $114K incomes, smart transit draws global brands and some of Canada’s biggest mall developers to Alberta’s capital
Jun 8, 2020 1:48 PM
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Real estate auctions move seamlessly online
Once viewing and walking the land was mandatory for buyers, but land auctions are now via video and the pandemic has accelerated the trend: a July 7 Alberta auction puts 3,000 acres on the block
Jun 4, 2020 8:29 AM
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Cannabis now vital Prairie cash crop
Without the $1.7 billion increase in marijuana production, crop revenues across Canada would have declined 1.1 per cent in 2019. More than half the cannabis cash receipts come from Alberta and Ontario.
Jun 3, 2020 12:11 PM
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