International News
Regional Group Acquires Ottawa Office Tower
The 500,000-square-foot property is 100% occupied. Continue Reading Regional Group Acquires Ottawa Office Tower
Plan to Create Affordable Housing in Wales for Welsh Speakers Only is Rejected
An application for a new affordable housing development in Wales ran into a roadblock when organizers attempted to limit residency to Welsh-language speakers only. The BBC reports the application by Grŵp Cynefin to build 15 affordable homes in the seaside village of...
Canada Invests Nearly $71 Million into 207 Rental Units in Montreal
Funding for this endeavor will be provided through the Apartment Construction Loan Program. Continue Reading Canada Invests Nearly $71 Million into 207 Rental Units in Montreal
Australian Real Estate Agent Reportedly Flees Nation After Stealing $230,000 from Company
Debra Lawry was facing either the suspension or cancelation of her real estate license by Consumer Affairs Victoria. Continue Reading Australian Real Estate Agent Reportedly Flees Nation After Stealing $230,000 from Company
Coldwell Banker Expands Presence in Africa
The new franchise will focus on both residential and commercial clients. Continue Reading Coldwell Banker Expands Presence in Africa
New Ownership for Unfinished Ontario Condo Complex
At the moment, only one of the 15-story towers is more than halfway through construction. Continue Reading New Ownership for Unfinished Ontario Condo Complex
Winnipeg Real Estate Agent Gets License Suspended for Concealing Home’s Defects
Mahmood Peyawary is a Royal LePage agent who was both the seller and listing agent on the property. Continue Reading Winnipeg Real Estate Agent Gets License Suspended for Concealing Home’s Defects
Morguard Breaks Ground on Rental Community in Mississauga
“This project will enable residents to experience rental living at a higher level,” said Morguard Senior Vice President of Development Brian Athey. Continue Reading Morguard Breaks Ground on Rental Community in Mississauga
Moscow’s Luxury Housing Market Sales Hits Record High
1,270 luxury apartments were sold in Moscow between January and September. Continue Reading Moscow’s Luxury Housing Market Sales Hits Record High
Ares Management Corporation to Acquire GCP International
Ares Management Corporation (NYSE: ARES) announced it will acquire the GCP International, the global business of GLP Capital Partners Limited, for approximately $1.8 billion in cash and approximately $1.9 billion in Ares Class A Common Shares. According to the...
Competition Bureau Begins Probe into Canadian Real Estate Association
CREA Chairman James Mabey said the organization’s “rules and policies are both pro-competitive and pro-consumer.” Continue Reading Competition Bureau Begins Probe into Canadian Real Estate Association
Toronto Home Sales Up While Prices Drop
The average selling price last month of $1.10 million was down by less than 1% one year earlier. Continue Reading Toronto Home Sales Up While Prices Drop
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