International News
North Korea Opens Housing District for Families of Soldiers Killed Fighting with Russia in Ukraine
“Before their death, the heroic martyrs must have pictured in their mind’s eye their dear families living in the ever-prospering country,” said Kim Jong-un. Continue Reading North Korea Opens Housing District for Families of Soldiers Killed Fighting with Russia in Ukraine
Winnipeg Shopping Center Sells for $160.5 Million
St. Vital Centre encompasses approximately 1 million square feet of gross leasable area and features 160 retailers. Continue Reading Winnipeg Shopping Center Sells for $160.5 Million
Ex-Vancouver Mayor Tapped as Canada’s New Housing Minister
Vancouver housing prices soared 179% while Gregor Robertson was mayor. Continue Reading Ex-Vancouver Mayor Tapped as Canada’s New Housing Minister
Shake Shack Expands Into Central America, Opening 12 Eateries in Panama
“Bringing Shake Shack to Central America marks a major milestone as we continue to grow globally,” said Michael Kark, president of global licensing. Continue Reading Shake Shack Expands Into Central America, Opening 12 Eateries in Panama
PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio
The portfolio is currently 99.7% leased to a roster of 26 tenants. Continue Reading PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio
Edmonton Condo Complex Evacuated Over Collapse Concerns Sold for $5.1 Million
Castledowns Pointe was built in 1999, but the complex’s problems became visible when acute structural flaws were discovered in 2023. Continue Reading Edmonton Condo Complex Evacuated Over Collapse Concerns Sold for $5.1 Million
Hits and Misses for the Real Estate Week of May 5-9
A mortgage fraud probe of Letitia James, a serious HR problem at the GSEs and the surprising site for Disney’s next theme park. Continue Reading Hits and Misses for the Real Estate Week of May 5-9
Calgary Real Estate Broker Charged with Multimillion-Dollar Investment Scams
To date, 16 victims have come forward a combined loss of more than $1.9 million. Continue Reading Calgary Real Estate Broker Charged with Multimillion-Dollar Investment Scams
FirstService Residential Acquires Core Real Estate Group
The financial terms of the deal were not disclosed. Continue Reading FirstService Residential Acquires Core Real Estate Group
Disney to Open First Middle East Theme Park in Abu Dhabi
The announcement did not include a timeline on construction and completion. Continue Reading Disney to Open First Middle East Theme Park in Abu Dhabi
Survey: One-in-Three Canadians Cite Down Payments as Biggest Obstacle to Homeownership
43% of respondents identified the high cost of living as their top financial challenge. Continue Reading Survey: One-in-Three Canadians Cite Down Payments as Biggest Obstacle to Homeownership
Toronto Home Sales Down Despite Surge in New Listings
The average selling price last month was $1.10 million, down 4.1% from $1.15 million in April 2024. Continue Reading Toronto Home Sales Down Despite Surge in New Listings
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