The hotel chains Hilton (NYSE: HLT) and Marriott (NASDAQ: MAR) have announced respective plans to expand their presence across Africa. Hilton, which currently operates 63 hotels in Africa, is planning to add more than 100 locations across the continent over the coming...
The seasonally adjusted annual rate for housing starts in Canada was down by a scant 0.2% in May, with 279,510 units compared to the 280,181 units in April. According to data from the Canada Mortgage and Housing Corporation (CMHC), actual housing starts were up 9%...
CityBlue Hotels, the Africa-focused lodging chain, has partnered with the Kenyan developer SMB Properties to launch the 256-unit Le Mirage Residences by CityBlue, a luxury residential tower in Kenya’s capital city of Nairobi. According to the companies, Le Mirage...
Australia’s commercial property market size reached $33 billion in 2024 and is projected to grow to $78.5 billion by 2033, with a compound annual growth rate of 9.3% during the forecast period. According to a new IMARC Group report titled “Australia Commercial...
A coalition of affordable housing, tenants’ rights and anti-poverty activist groups is planning to hold a march through downtown Toronto on June 14 to protest what they describe as a housing crisis created by “corporate greed and government inaction.” In a press...
A total of 4,992 single-family home sales were recorded in the Montreal Census Metropolitan Area during May, a 10% year-over-year increase and a 13% spike from two years before. Last month’s total of 22,462 active listings for single-family homes was unchanged from...
