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Category: Commercial

Edmonton City Centre a ‘stress-tested’ asset: LaSalle CEO

Steve McLean Commercial Transactions National Nov. 15 2019

This week’s acquisition of the 1.4-million-square-foot Edmonton City Centre (ECC) office and retail complex is the latest investment for LaSalle Investment Management’s LaSalle Canada Property Fund (LCPF). LaSalle and its existing German clients, Universal-Investment and Bayerische Versorgungskammer, are the new

Watch out: Commercial real estate key source for transit funding

John Clark Commercial Taxes National Nov. 14 2019

All of these statements are true: * Canada’s larger cities continue to grow; * This is driving the need for more grade-separated transit to accommodate that growth and manage chronic traffic congestion; * Money doesn’t grow on trees (unless avocados

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