Industry E-News Update for May 27, 2010
Turbulent Times for Hotel Real Estate, says Colliers International Hotels’ 2010 Canadian Hotel Investment Report
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, according to Colliers International Hotels’ 2010 Canadian Hotel Investment Report.
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REALpac Releases Second Quarter Canadian Real Estate Sentiment Survey Results
The Real Property Association of Canada (REALpac) and FPL Advisory group announce the results of the Second Quarter 2010 REALpac / FPL Canadian Real Estate Sentiment Survey. The survey measures senior executive’s confidence in the Canadian commercial real estate industry. Read this article >
GTA Office Vacancy and Availability Hit Double-Digit Numbers
Vacancy and availability rates continued to climb during the first quarter of 2010. The increase can be attributed to a combination of delayed corporate decision making over the past 12 to 18 months due to the recession and decade-high construction levels.
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Broccolini Wins Two Tenders for LEED Gold Office Towers from the Federal Government
Broccolini will begin work this summer on two LEED Gold office towers. The firm was awarded the contract to design, develop and build the towers, totaling more than 900,000 rentable square feet of Class A office space for the Department of Public Works and Government Serves Canada in Gatineau, Quebec. Read this article >
The Digital Edition:
Focus: Who's Who: The 15th Annual Survey of the Canadian Real Estate Industry's Major Players and Portfolios
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