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Alberta

Edmonton's office vacancy rises as oversupply saturates the market

Edmonton's office vacancy rises as oversupply saturates the market

Supply continues to rapidly outpace demand in the city as Edmonton Tower is poised to face negative absorption
Calgary's new condo sales plunge

Calgary's new condo sales plunge

Developers switching condos into rentals as unsold inventory hits a 16-year high, but rental vacancy rates are also soaring
Lethbridge has Alberta's leading economy

Lethbridge has Alberta's leading economy

With stable transaction activity and high cap rates, the city's real estate market is stronger than that of most areas in the province
Calgary’s office market not expected to recover anytime soon

Calgary’s office market not expected to recover anytime soon

"No net absorption is expected in 2017 and business investment will be relatively low ... continued upward pressure on vacancy is expected," according to Avison Young
World’s biggest marijuana production plant will sprout in Leduc, Alberta

World’s biggest marijuana production plant will sprout in Leduc, Alberta

The 800,000-square-foot facility indicates a potentially huge demand for industrial and retail space, with the pot industry set to become a projected $10 billion industry once legalized in Canada
Deerfoot Mall welcomes Canadian Tire

Deerfoot Mall welcomes Canadian Tire

The addition of the 103,000-square-foot store indicative of a recent retail surge in Calgary
Prairie market outlook: Investors show confidence into 2017

Prairie market outlook: Investors show confidence into 2017

Developers dust off plans as oil provinces prepare for an uptick in a commercial real estate market led by a “surprising” retail-sector surge
Calgary bylaw changes help boost craft beer boom

Calgary bylaw changes help boost craft beer boom

Craft breweries can now open up in more areas in the city thanks to new zoning
B.C. investors pour into Calgary

B.C. investors pour into Calgary

Vancouver-based developers start construction in the Alberta city, hopeful of a jumpstart to Calgary's real estate market
Top five residential REITS that could merge with commercial trusts

Top five residential REITS that could merge with commercial trusts

Real estate investment trusts mix commercial plays with residential to boost yields and seek safety amidst pressure of potential mergers and acquisitions