Leyad, a Montreal-headquartered real estate investment and management firm, has completed its acquisition of a portfolio of 22 single-tenant retail properties leased to Loblaw Companies Limited across 10 Canadian provinces, representing approximately $300 million in...
The Toronto-headquartered Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX: CAR.UN) has appointed James Lawrence as chief operating officer (COO), effective Sept. 1. In a statement, the company said Lawrence will be responsible for...
Sotheby’s International Realty Canada announced the sale of Turnagain Island, a private 93-acre island estate on British Columbia’s Sunshine Coast, for $13 million. According to the brokerage, this is the highest-value residential property transaction recorded on the...
Canada’s national apartment vacancy rate fell 40 basis points to 4.7% in during the second quarter, breaking a streak of nine straight quarters of increases. However, a new report by Yardi Canada Ltd. also found the vacancy rate was 60 basis points above the 4.1% rate...
Canadian home sales in June edged up by 0.5% month-over-month and by 0.9% year-over-year, according to data from the Canadian Real Estate Association (CREA). This occurred as new listings fell back 1.3% on a month-over-month basis, marking a second straight decline....
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
