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British Columbia

Lethbridge industrial market at ‘inflection point’

Lethbridge industrial market at ‘inflection point’

New space will push lease rates towards $15 per square foot, a fresh benchmark for the market
Bank of Canada holds steady on key rate

Bank of Canada holds steady on key rate

Central bank was widely expected to maintain pause on overnight rate
Juggling bricks and mortar as Nordstrom abandons space

Juggling bricks and mortar as Nordstrom abandons space

Retail giant will leave 230,000 square feet and 1,000 employees when it pulls out of downtown Vancouver in June
Mixed-use menu: housing, work, shops – and social objectives

Mixed-use menu: housing, work, shops – and social objectives

New projects asked to be all things to all people – but there are limits
Condo buyers boomerang into Vancouver’s downtown

Condo buyers boomerang into Vancouver’s downtown

The sale price per square foot of a downtown condo increased 5 per cent between January and February to $1,141 as core working and living comes slowly back in style
CAPREIT CEO endorses Eby's $500M rental-buy plan

CAPREIT CEO endorses Eby's $500M rental-buy plan

Canada’s largest landlord offers to sell hundreds of its older “affordable” units to the B.C. government and non-profits
Major Port Moody residential development underway

Major Port Moody residential development underway

The 2,400-home, $1.1 billion Portwood project by Edgar Development is the first master-planned housing community in the city since 2004
Battle of Hastings: police, city crews remove homeless camp

Battle of Hastings: police, city crews remove homeless camp

City of Vancouver finally moved to bring the East Hastings encampment to a close "following a steady deterioration in public safety and an increase in fires in the area and the encampment zone”
Seven Alberta seniors' housing assets sold for $440 million

Seven Alberta seniors' housing assets sold for $440 million

Vancouver-based Optima Living and Axium Infrastructure of Montreal, via a Yarrow joint venture, have added more than 1,200 beds to the venture's Alberta portfolio.
High rent could force B.C. family with four incomes to move to Alberta

High rent could force B.C. family with four incomes to move to Alberta

“The only thing that’s holding us back is that we have all our jobs here, the three youngest go to school here and they have friends. It’s like being between a rock and a hard place,” says the mother.