Condos are also expected to underperform other segments in Canada due to pandemic
2020-12-31
CONDO CONUNDRUM Steve Kupferman other Until recently, a condominium apartment in Toronto was a near- foolproof investment. And then came March 2020, and COVID- 19. Since the start of the pandemic, resale condos in Toronto and other Canadian…
Condo insurance cost increase up to 40 percent factors includes earthquake, wildfires and flooding
2020-12-19
No easy solutions to complex problem of high condo insurance premiums: B.C. report Camille Bains The Vancouver Sun The B.C. Financial Services Authority says risks related to catastrophic events, some involving climate change, have put addi…
Act #533 - Land Owner Transparency Act: Needs to know
2020-12-17
A Whole Lot to Know About the Land Owner Transparency Act #533 Lisa Niro BCREA On November 30, 2020, the Land Owner Transparency Act 1 (LOTA) came into effect, and with it, the Land Owner Transparency Registry (LOTR). Now, with every change…
High demand in industrial real estate - City of Abbotsford
2020-12-15
Industrial real estate demand engulfs Abbotsford Frank O?Brien The Vancouver Sun The Metro Vancouver Regional Industrial Lands Strategy Report, released June 2020, found the region, as of 2015, had approximately 28,000 acre…
Industrial Land on 9.77 acres in Port Coquitlam sold for $13.5 million
2020-12-10
Waterfront industrial on 9.7 acres in Port Coquitlam sells for $13.5 million Lee & Associates Western Investor Property type: Industrial land Location: 750 Kingsway Avenue, Port Coquitlam, B.C. Number of parcels: 22 Land size: 422,532 squar…
Sustainable, eco-friendly - 3 tower with 35 to 65 stories at Metrotown Metropolis
2020-12-10
Metrotown's Metropolis gets `healthier, safer' makeover Denise Ryan The Province Peter Webb of Concord Pacific says the Metropolis project is being redesigned. Living and working may never be the same after COVID-19, and Concord Paci…