Canadian CRE Investment
Hits An All-Time High
Investment in Canadian CRE for 2016 is projected to surpass $32B — a new record — with the lion's share flowing into Toronto. “It was an aggressive and robust year,” Morguard research chief Keith Reading said. “It surprised some of us.”
Q4 data is still being tabulated, but Reading (above) said he expects investment deal volume — $27.4B over the first three quarters versus $16.9B in the same period in 2015 — to beat the most recent peak, $32.1B, hit in…
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Ubisoft, Attraction Media Expand Montreal Footprints
Video game company Ubisoft Entertainment has inked a deal with Allied Properties REIT to expand its footprint by 87k SF at 5445 Avenue de Gaspé in Montreal, bringing the company's total GLA at the office property to 281k SF. At…
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How International E-Commerce Has Changed Industrial Real Estate
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NAIOP, the Commercial Real Estate Development Association |
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Behind every online purchase, the supply chain from retailer to consumer follows a dense international web of retailers and logistics companies all with the same goal: to speed up delivery and anticipate product demand. From urban warehouses to international distribution…
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Fortress And Kingridge Sell Bronte Crossing Site
Fortress Real Developments and Kingridge Developments have sold a six-acre site at 1099 and 1105 Bronte Road in Oakville that was to be the future home of Bronte Crossing. The plan called for the 170k SF development (rendered above) —…
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Brexit Drops London From No. 1 To No. 6 In JLL's Ranking Of Most Dynamic Cities In The World
For two years, London led the world in tech innovations, growing populations and strong socioeconomic attributes. But no longer.
The city ranked No. 6 in JLL's recent City Momentum Index, an annual report that tracks the rapid economic expansion and growing commercial real estate markets of 134 cities throughout the world, taking into account gross domestic product, population, corporate HQs, commercial real estate fundamentals, property prices and more.
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How The Top 10 Office Metros Fared In Q4
U.S. office markets exhibited strong rent growth the last three months of 2016, though a cyclical slowdown remains a running theme for the sector this year.
Roughly half of the markets Colliers International tracks experienced a rise in vacancies as leasing activity dropped in Q4, with overall net absorption down year-to-year. Despite the decline, New York recorded its second-highest leasing activity in a decade, while San Francisco remained the tightest of the top 10 metros, and Seattle's expansion was driven by absorption from tech companies, including Google, Zillow, DocuSign and Pokémon, Colliers president of National Office Services Cynthia Foster said.
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Exclusive: Flex Office Segment Thriving Thanks To Tech Firms
The flex office market is booming, in large part due to the demands of tech companies — which is transforming the way office space is leased.
Flex-space leasing platform LiquidSpace took a closer look at flex office trends in a report released today. Bisnow got an exclusive first look at the report.
Flexible office is any space rented for less than a typical five- to 10-year…
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