Page 46 - Properties Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Dec. 24, 2020 The $1B acquisition of the St. Paul’s Hospital property in Vancouver is one of the RENX Top-10 Stories of 2020. (Google Street View) The COVID-19 pandemic has been the “story” of 2020, but within the commercial real estate industry there is a much deeper thread to the year. A story of resilience, adaptation, and soldiering on in the face of conditions few of us would have imagined 12 months ago. That’s what we have focused on with RENX’s annual selection of our Top-30 Canadian CRE Stories of 2020. Sure, COVID-19 plays a role in some of the articles we’ve selected �...

Downtown Stamford office building sells for $24 million FacebookTwitterEmail 1of3 RPW Group has acquired from SL Green Realty Corp., the office building at 1055 Washington Blvd., in downtown Stamford, Conn.Michael Cummo / Hearst Connecticut MediaShow MoreShow Less 2of3 RPW Group has acquired from SL Green Realty Corp., the office building at 1055 Washington Blvd., in downtown Stamford, Conn.Michael Cummo / Hearst Connecticut MediaShow MoreShow Less 3of3 RPW Group has acquired from SL Green Realty Corp., the office building at 1055 Washington Blvd., in downtown Stamford, Conn.Michael Cummo / H...

Article content Oxford Properties Group Inc. is proposing to turn an area of midtown Toronto that’s mostly parking lots into a mix of apartments, offices and retail space, a major bet that demand for dense urban living will rebound after the pandemic. The proposal, submitted to the municipal authorities on Friday, is worth about $2.5 billion (US$2 billion), according to a person familiar with the matter. It includes 3 million square feet of commercial and residential space spread among five new skyscrapers at the southwest corner of Yonge Street and Eglinton Avenue. We apologize, but this v...

Dec. 21, 2020 A rendering of the proposed new Canada Square at Yonge and Eglinton in Toronto, which is to be redeveloped by Oxford Properties Group and CT REIT. (Courtesy Oxford) Oxford Properties Group and CT REIT plan to redevelop the 9.2-acre Canada Square property with a three-million-square-foot mixed-use development at Toronto’s burgeoning Yonge and Eglinton intersection. The proposal includes five mixed-use towers with over 650,000 square feet of new office space, street-related retail, 2,700 housing units, community amenities and landscaped open spaces. It also includes improved tr...

KUALA LUMPUR (Dec 17): Hong Leong Investment Bank (HLIB) Research expects property developers to continue facing a tough operating environment in 2021, with developers cautiously carrying out launches and offering discounts on their products. The research house’s analyst Lim Ken Wern said in a note today that with the Home Ownership Campaign (HOC) ending on May 31 next year, developers will need to continue providing goodies in order to attract bookings. “Our channel check revealed that listed developers are garnering a sales conversion rate of about 50% and that some buyers still strugg...