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North Korea Opens Housing District for Families of Soldiers Killed Fighting with Russia in Ukraine

North Korea Opens Housing District for Families of Soldiers Killed Fighting with Russia in Ukraine

by Phil Hall | Feb 16, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

North Korea has opened a housing district in the capital of Pyongyang for the families of soldiers killed while fighting with Russian forces in Ukraine. According to combined media reports, Kim Jong-un was front and center at the opening, cutting a red ribbon and...
Winnipeg Shopping Center Sells for $160.5 Million

Winnipeg Shopping Center Sells for $160.5 Million

by Phil Hall | Feb 13, 2026 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate investment and development firm Leyad has acquired St. Vital Centre, the Winnipeg shopping center, for $160.5 million. St. Vital Centre encompasses approximately 1 million square feet of gross leasable area and features 160 retailers. It attracts 8...
Ground Broken on New Mixed-Use Development in Ottawa

Ground Broken on New Mixed-Use Development in Ottawa

by Phil Hall | Feb 11, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate development and investment firm Colonnade BridgePort and the Fiera Real Estate CORE Fund have broken ground on Junction Central, a mixed-use residential community in Ottawa. The new project is located on a 4.9-acre site located next to Ottawa’s...
New Report Predicts Weak Canadian Housing Market for 2026

New Report Predicts Weak Canadian Housing Market for 2026

by Phil Hall | Feb 10, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Elevated costs, weak demand, and a growing number of unsold homes will bedevil Canada’s homebuilders this year as new home construction will decline through 2028, according to the latest Housing Market Outlook released by Canada Mortgage and Housing Corporation...
For Sale: Abandoned Spanish Village at Discounted Price

For Sale: Abandoned Spanish Village at Discounted Price

by Phil Hall | Feb 9, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The listing price for the abandoned Spanish village of Candelago has been discounted. The property was first listed at €200,000 (roughly $238,000) in 2021. According to Idealista.com, the price has now been reduced to €150,000 (approximately $179,000). The village...
Australia’s Central Bank Approves First Interest Rate Hike in 3 Years

Australia’s Central Bank Approves First Interest Rate Hike in 3 Years

by Phil Hall | Feb 3, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

At a time when other central banks are cutting interest rates, the Reserve Bank of Australia enacted its first rate hike in three years. The central bank increased its cash rate target by 25 basis points to 3.85%, noting that Australia’s inflation “picked up...
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