Industry E-News Update for August 18, 2010
Quebec Government Approves $995 Million Hospital Upgrade
The Quebec government approved yesterday a $995 million budget to modernize the CHU Sainte-Justine’s existing facilities and build a new facility of specialized units and research centre. To learn more and see the rendering, click here.
Canada’s Mid-Year Commercial Real Estate Transaction Volumes and Prices Increase
The combination of lower bond rates and increased availability of debt bolstered purchaser activity in Canada’s commercial real estate market, driving year-over-year transaction volumes up during the first six months of 2010. To read more about the report, click here.
Optimism of Canada and US Commercial Real Estate Lenders Declining
While market conditions appear to have stabilized, optimism regarding continued improvement has abated. Click here to read more about the survey.
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