Best Space Use Models for CRE Properties During & After COVID19
Photo Credit: Pexels Due to COVID-19 health concerns, many businesses across Canada are operating at a limited capacity. Some provinces in the country, just this month, closed non-essential stores to prevent the further spread of the virus. That accelerated the growth of online shopping, takeout orders and the need for more delivery service. Now retailers …
Oxford Properties Newest $2.0 Billion Mixed-Use Complex Coming to Toronto
Photo Credit: Pixabay The Canadian commercial real estate (CRE) market’s growth doesn’t seem to be slowing down. According to several sources, Canadian CRE executives are optimistic about 2021. A survey by PwC/ULI shows that 83% of the Canadian respondents believe that 2021 will be an excellent year for real estate investments, as oppose to 55% …
2021 Looks Bright for the Canadian CRE Sector
Photo Credit: Pixabay The Canadian CRE sector has been growing for years, managing to remain strong despite the ongoing pandemic. According to Andy Warren, a PwC real estate research director, Canada’s CRE executives are highly optimistic about 2021 as well. In collaboration with Urban Land Institute (ULI), PwC conducted a survey on emerging real estate …
New Real Estate Trends Are Coming; What to Watch Out for in 2021
Even with the COVID pandemic going on Canadian real estate market continues to develop and grow. Particularly the retail CRE (commercial real estate) sector has experienced significant growth during this year, many investors see a large potential for profit within Canada. It’s no secret the pandemic has impacted the market unexpectedly but this is a …
Canadians Kickstart Holiday Shopping Early This Year
Although we’re still a couple weeks shy of the holidays, Canadians are already feeling the holiday spirit. Gift shopping is in full swing as more and more people are visiting their local malls and plazas, no doubt with the intention of beating the holiday rush. Not to be outdone, retailers are restocking the shelves and …
Wal-Mart Canada Breaks into Vaughan Distribution Centre – Expected Completion: 2024
Walmart has been growing within Canada for a while now, consistently grabbing new commercial real estate “CRE” opportunities all over the country. With how Wal-Mart’s Canadian portfolio seems to grow every day, this is great news for their further growth. New brick-and-mortar and online stores are coming up out of the woodworks everywhere to bring …
All Maison Birks Stores in Canada to be Reopened
When the pandemic forced most businesses worldwide to shutter their doors, Birks Group wasn’t the exception. The luxury jewellery retailer temporarily closed all its Maison Birks stores across Canada to prevent the further spread of COVID-19. Fast forward several months, and we can now finally revisit all Maison Birks stores, albeit following specific health and …
Cannabis & Coffee: Is Mixed-Use Retail Taking Over the Market?
The Canadian cannabis industry has been growing at a steadily fast pace ever since it was officially legalized. With such a huge growth its only natural that this market offers great business opportunities, and why there is a growing number of retail CRE investors looking to get in on the action. It was only recently, …
Construction at University District, Calgary Maintaining Momentum
Ever since Alberta received approval in 2016 for the University District’s plan in Calgary, construction’s been handled very efficiently and swiftly. All commercial and residential spaces, public areas, and parks are developing at unexpected rates, with huge progress being apparent to all, whether they are visitors or locals. The multi-use community at University District is …
Retail Reaching New Heights in Edmonton
The coronavirus pandemic has left its mark on many businesses around the world, however, the city of Edmonton seems to be rising to the challenge. Alberta’s capital seems completely unphased, and even thriving amidst the crisis – its success continues to be driven by strong retail and increasing interest from foreign and domestic CRE investors. …