Industry E-News Update for June 30, 2010
Canada’s Markets Outperform its Peers
The level of hotel transaction volume dropped 61 per cent year over year and by 91 per cent since the market peak in 2007, indicators of last year’s rough time in hotel real estate.
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New Anchor Tenant, $15 Million Investment at Southland Mall
Retrocom Mid-Market REIT will be investing over $11 million to upgrade the interior and exterior of Regina’s Southland Mall. And a new anchor tenant will be backfilling the previous Wal-Mart location with a 96,965-square-foot store. Read this article >
Commerce Court Wins BOMA Earth Award
Toronto’s Commerce Court introduced several state-of-the-art energy conservation measures and enlisted its tenants in achieving an 84 per cent waste diversion rate, winning the BOMA award recognizing environmentally sound office building management. Read this article >
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