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Alberta

New condo developments point to Prairie housing market upturn

New condo developments point to Prairie housing market upturn

Condo towers rising in Calgary and Edmonton and price rallies across Saskatchewan and in Winnipeg point to stronger-than-expected 2019
City of Edmonton approves two condo towers

City of Edmonton approves two condo towers

The two buildings will deliver 650 new housing units to city's downtown
Calgary's Bow Tower lands major energy tenant

Calgary's Bow Tower lands major energy tenant

Energy giant Nexen has claimed 290,000 square feet of sublease space as analysts eye bottom of Calgary’s office crater
New luxury hotels define Alberta’s economic confidence

New luxury hotels define Alberta’s economic confidence

It takes nerves to open grand hotels when the province’s occupancy rate is 52 per cent and revenue per room is down, but ribbons are being cut from the capital to Canmore
Calgary’s office market shrinks as demand switches to smaller space

Calgary’s office market shrinks as demand switches to smaller space

Spaces under 5,000 square feet are now dominating Calgary's office market sales
“One building at a time” adds up big for Alberta investor

“One building at a time” adds up big for Alberta investor

Avenue Living Asset Management has secured more than $1 billion in real estate assets in a dozen years with a simple buy, fix and hold strategy
Edmonton-based cannabis retailer plans for 37 stores ahead of national legalization

Edmonton-based cannabis retailer plans for 37 stores ahead of national legalization

Independent retailer Fire & Flower has received conditional approval for dozens of storefronts across Alberta
Cannabis may boost Calgary retail sales

Cannabis may boost Calgary retail sales

The city's long-suffering sector could see a decrease in vacancy thanks to the legalization of recreational marijuana
More pipelines needed to keep up with resource production growth: CAPP

More pipelines needed to keep up with resource production growth: CAPP

"Canadian production is forecast to rise to 5.6 million bpd and yet we do not have the means of getting it to new, global markets," says Canadian Associated of Petroleum Producers
Residential investment slows in Edmonton as land sales slide

Residential investment slows in Edmonton as land sales slide

Residential land sales have dropped 57 per cent, while multi-family sales have plummeted 74 per cent