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Alberta
Alberta
Update: Northview REIT takeover closed in $4.5 billion all-cash deal
Calgary-based real estate investment trust with about 27,000 multi-family units acquired by Starlight Group and Kingsett Capital in all-cash deal
Oct 13, 2020 10:04 AM
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Sublease bulge pushes office vacancy rates higher
Even Vancouver not immune as a tepid demand leads to nearly four million square feet of empty sublease space in four biggest western cities
Sep 30, 2020 10:44 AM
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Foothills slams door on Toyota expansion
Foothills County has killed $10 million plan for High River Toyota to open new dealership on the outskirts of Okotoks
Sep 29, 2020 9:03 AM
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Alberta residential developers busy banking land and building
Big residential developers are securing huge land parcels in southern Alberta in anticipation of the post-pandemic economic rebound
Sep 24, 2020 11:45 AM
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Marriott market cap plunged 31 per cent this year
Major Western Canada hotel developer has suffered the worst decline in market capital among world’s largest hotel chains during coronavirus crisis
Sep 23, 2020 11:30 AM
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T&T grocery chain restarts temperature checks
T&T Supermarket has resumed temperature checks at stores across Canada as COVID-19 cases increase
Sep 11, 2020 11:13 AM
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Prairie ranchers weigh buying or leasing land
While renting is sometimes the only option, ranchers find “the good land is the cheap land and the low-quality land is the expensive land”
Sep 9, 2020 9:08 AM
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Alberta developers can ante bonds, not cash
Surety bonds allow developers to finance a project without facing borrowing limits or cash reserves in an idea that started in Calgary
Sep 2, 2020 4:53 PM
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Alberta posts second-highest cannabis sales in Canada
Alberta has nearly half the legal cannabis stores in the country and its $46.7 million in June sales was second only to Ontario
Aug 31, 2020 8:06 AM
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Medicine Hat offers $25,000 to builders
Medicine Hat is offering homebuilders grants of up to $25,000 when they build on selected infill lots in the southwestern Alberta city
Aug 28, 2020 1:23 PM
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