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Alberta

Aging Edmonton industrial site converted to small-bay strata units

Aging Edmonton industrial site converted to small-bay strata units

Underused warehouse space developed into 100,000-square-foot hub of 13 small-bay strata units for sale
Canada is 'uniquely vulnerable' to coronavirus-induced oil price plunge

Canada is 'uniquely vulnerable' to coronavirus-induced oil price plunge

"This is not just about Alberta... Hundreds of thousands of Canadians depend on the energy sector for their livelihood"
Toronto-based investment fund buys two office buildings in Calgary's Beltline

Toronto-based investment fund buys two office buildings in Calgary's Beltline

Crestpoint Real Estate Investments Ltd. purchases two major properties as its first office tower acquisitions in Calgary, adding 498,000 square feet of space to its portfolio
Alberta office markets to see even higher vacancies: CBRE

Alberta office markets to see even higher vacancies: CBRE

"Challenges remain" despite owners looking for innovative solutions to historically high vacancy rates
Teck Resources pulls plug on $20BN Alberta oil sands project

Teck Resources pulls plug on $20BN Alberta oil sands project

Mining giant lets Trudeau government off the hook on a difficult decision that would have angered half the country either way
Cost of twinning Trans Mountain pipeline soars 70% to $12.6BN

Cost of twinning Trans Mountain pipeline soars 70% to $12.6BN

The project’s one-year delay, which was pegged to add less than $2 billion to final bill, will cost an extra $5.2 billion
Calgary’s vacant downtown office space covers 241 acres

Calgary’s vacant downtown office space covers 241 acres

Nearly a quarter of the downtown office space has now gone dark, but analysts see light when oil pipelines start flowing
Massive Edmonton apartment deals boost city's multi-family market

Massive Edmonton apartment deals boost city's multi-family market

'Every residential REIT in Canada has eyes on Edmonton right now if they are not already here'
Immigrants to Alberta have Canada's highest home ownership rates

Immigrants to Alberta have Canada's highest home ownership rates

Newcomers to province also most likely to believe buying residential real estate is a good financial investment, finds Royal LePage survey
Rental supply and demand both rise in Alberta’s biggest markets

Rental supply and demand both rise in Alberta’s biggest markets

Calgary’s rental vacancy rate remains unchanged while Edmonton’s drops further, as supply fails to outpace new and pent-up demand, says CMHC