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Edmonton

Calgary, Edmonton economies boost purpose-built rental

Mario Toneguzzi Residential Development Edmonton Oct. 23 2020

Developers are building or planning 94 projects in Calgary, and another 84 developments in Edmonton, participants in a multiresidential panel at the Alberta Real Estate Forum heard this week. However, even as the ongoing economic downturn makes rental apartments more

Summit buys Vaughan warehouse, sells Edmonton property

RENX Staff Commercial Transactions Toronto / GTA Sep. 29 2020

Summit Industrial Income REIT (SMU-UN-T) has waived all conditions and will acquire a quarter-million-square-foot single-tenant warehouse in the Greater Toronto Area city of Vaughan. The trust says it will pay $47.3 million for the facility and the sale is expected

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