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Real Estate

Vancouver developer seeks to raise $82M for Metrotown project via IPO

Vancouver developer seeks to raise $82M for Metrotown project via IPO

Capital sought for Metrotown project that is 77% pre-sold
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Snuneymuxw First Nation buying Elements Casino in View Royal

Snuneymuxw First Nation buying Elements Casino in View Royal

The sale price has not been made public, but the six-storey building on 4.7 acres is assessed at $20.8 million.
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Little progress made on Canadian housing affordability, survey reveals

Little progress made on Canadian housing affordability, survey reveals

Shelter costs increased nationally by 20.6 per cent from 2018 to 2022
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Central Okanagan's industrial real estate vacancy rate jumps 28%

Central Okanagan's industrial real estate vacancy rate jumps 28%

Colliers report highlights shift toward smaller, adaptable spaces as market shows signs of recovery
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Rent increases in smaller markets outweigh declines in big cities in August: report

Rent increases in smaller markets outweigh declines in big cities in August: report

TORONTO — A new report says August rental rates fell in some of Canada's largest and priciest markets to continue a months-long trend, while prices rose in smaller markets. The report from Rentals.
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Free standardized home designs aim to fast-track housing development in B.C.

Free standardized home designs aim to fast-track housing development in B.C.

Housing ministry's goal is to accelerate small-scale, multi-unit housing projects
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Forged documents land suspension for Richmond real estate agent

Forged documents land suspension for Richmond real estate agent

Raman Kooner forged signatures of two property owners in 2015 to get a land assembly processed at the City of Richmond, according to a consent agreement with the B.C. Financial Services Authority.
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Kamloops sports, community groups advance plans for proposed $140M arena

Kamloops sports, community groups advance plans for proposed $140M arena

New four-rink facility will include modern amenities, fitness areas and flexible event spaces
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Amazon unveils new atrium at The Post building in Vancouver

Amazon unveils new atrium at The Post building in Vancouver

The open-plan, light-filled atrium will provide new collaboration spaces for employees
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Variable mortgage rates regaining traction as Bank of Canada cuts rates

Variable mortgage rates regaining traction as Bank of Canada cuts rates

OTTAWA — The decision by the Bank of Canada to cut its key interest rate target this week was good news for borrowers with variable-rate mortgages, bringing back some of the shine for the once popular loans.
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