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Colliers rebrands investment management arm to Harrison Street

2 days ago

Colliers rebrands investment division to Harrison Street

Colliers International Group Inc. (CIGI-T) is rebranding its investment management division to Harrison Street Asset Management, inheriting the name of a global operator which Colliers majority owns. The two firms hold over $100 billion in assets under management.

Choice kicks off Q2 reporting season with solid results

Second-quarter reporting season for real estate investment trusts is underway and Choice Properties REIT (CHP-UN-T) was the first major retail trust to release its results in this uncertain economic environment.

Prefab not a unicorn to cut housing costs (yet): Report

An increasingly popular idea endorsed by the Canadian government is that prefabricated housing can play a pivotal role in reducing housing costs. But don’t expect factory-built homes to save the day just yet, says real estate private equity firm Hawkeye Wealth.

Office space a squeeze for bank workers on RTO mandates

Bank employees are battling for desks and grappling with limited space in corporate towers, a situation that is likely to become even more heated as three of Canada’s largest lenders barrel ahead with stricter return-to-office requirements.

Toronto has 6 months to fulfil housing agreement with feds

Toronto has six months to meet the terms of a housing agreement with the federal government, Canada's housing minister said — a deadline that comes as the city risks losing $30 million in federal housing funds.

Developers criticize Vancouver zoning changes report

The development sector is criticizing a report going to Vancouver city council that proposes new zoning guidelines for the Broadway and Cambie corridors. Developers say the proposal has significant sticking points which would erode its benefits.

Retrofit rush expected to meet Vancouver carbon reporting

More building upgrades are expected as the City of Vancouver rolls out new carbon reporting requirements for large buildings. The city is phasing-in the regulations, which begin Sept.1 for multi-family buildings over 100,000 square feet. 

WealthONE aims to become Canada’s next major alt-A bank

Earlier this month, WealthONE was acquired by a consortium of investors led by Globalive, the venture firm founded by Canadian entrepreneur Anthony Lacavera, and an entirely new board was appointed.

The $20M Rosemead House hotel makeover

When Vancouver developer Lenny Moy purchased a rundown Tudor-style inn near Victoria, he thought he’d stumbled upon a charming fixer-upper: a neglected 107-year-old Samuel Maclure mansion, with good bones and a bit of history.

18-storey tower could replace bakery, car wash in Toronto

The lowrise intersection of St. Clair Avenue West and Caledonia Road could see a dramatic change in the coming years as plans have been submitted by Blockwall Masonry 18 Inc. for an 18-storey mixed-use building on the northeast corner. 

12-storey rental proposed on Lake Shore in Mimico

Insoho Developments has submitted plans to the City of Toronto for a 12-storey rental apartment building. Designed by Wallman Architects, once built it would be the tallest midrise in the area.

University District nears halfway mark with new retailers

The massive mixed-use University District project in Calgary continues to gain momentum, with development nearing the halfway point and a wave of new retailers and tenants sparking fresh excitement in the growing urban community.

The Brick unveils new concept store in Richmond, B.C.

Home furnishings retailer The Brick has opened a newly designed concept store in Richmond, B.C. The expansive 43,000-sq.-ft. space offers an updated customer experience with furniture, mattresses, appliances and electronics presented in an immersive showroom format.

Regina's industrial sector steady as inventory grows

The industrial real estate market in Regina is demonstrating robust health and consistent growth, according to the latest report from Avison Young. It highlights a stable vacancy rate, inventory expansion and key developments poised to bolster the region’s economic landscape.

Major investors, analysts confident in farmland's future

The largest owner of cropland in Canada isn’t buying the idea that farmland values are overdue for a correction. He says that’s because technical analysis - where market watchers use trends, patterns and mathematical models to predict future price movements - doesn’t apply to agricultural land.

Brookfield missing PE secondaries boom its CEO saw coming

Bruce Flatt was clear with his prediction: the secondary market for private equity, real estate and infrastructure was ready to take off, and it could become a $50 billion business for his Brookfield Asset Management.

Mapped: The most expensive U.S. cities for commercial construction

It costs US$534 to build a single square foot of commercial space in New York City, the most expensive place on the planet for new construction, according to Turner & Townsend. 

Emerging U.S. tech markets are having a moment

A handful of emerging U.S. tech markets, including Austin (Texas), Pittsburgh, Raleigh-Durham and Denver, are solidifying their positions and raising their profiles on the global stage. Meanwhile, legacy core hubs across the country retain their dominance.

Adani building $1.5B property empire to reshape India

Billionaire Gautam Adani’s ports, power and cement businesses have made him Asia’s second-richest person. Now, he’s quietly building a multibillion-dollar real estate empire that’s reshaping one of the world's most expensive property markets.

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