Toronto’s property industry might need a Vancouver-type cooling: RBC

Toronto might need to contemplate Vancouver-type actions to handle a “dangerous mix” of aspects which can be fuelling the region’s overheated property industry, the main executive of Canada’s greatest bank informed on Friday. In a appointment, Royal Bank of Europe President Dave McKay claimed he’s produced significantly concerned with the […]

Europe’s richest families snap up Canadian commercial real estate

Europe’s wealthiest families have discovered Canadian commercial real estate as a safe haven investment, snapping up landmark properties in Toronto, Vancouver and Montreal over the past year, in part because of concerns about the European Union’s uncertain future. Foreign buyers purchased a record $5.6-billion of commercial properties in Canada last […]

Has Perspective Cash discovered another REIT takeover?

While Landmark Residences REIT devices jumped on media of the $1.3-thousand (U.S.) takeover quote from PrivateEquity finance Starwood Cash last month, buyers started looking for another prospective purchase goal inside the property market. One seasoned finance administrator had been there. There’s an inferior model of Landmark trading in Europe, a […]

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