Industry E-News Update for April 27, 2011
GTA Office Market Rebounds
The office market in the Greater Toronto Area has rebounded from signs of the recession. The high gas prices and construction costs in the area are responsible for the recovering office market. According to the Colliers International, the market’s vacancy rates are holding at 6.4 per cent. Click here to learn more about the Colliers report.
New Office Tower Proposals in Montreal
Montreal real estate developers are taking the initiative and are ready to change the Montreal skyline. SITQ, Kevric, Canderel and Magil Laurentienne all have new projects in the works and are gearing up to start development. Click here to learn more about these Montreal projects.
Alberta to Develop New Provincial Museum
Edmonton, Alberta is poised to receive a brand new Royal Provincial Museum to highlight the province’s history. The new museum will be located in Edmonton’s downtown core, with ample space for future expansions and access to the LRT system and buses. Click here to find out more information on the new historical addition.
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