Ping An Insurance’s real estate platform has partnered with Shanghai-based developer Cifi Holdings to create a RMB10 billion (US$1.5 billion) rental home investment and management venture.
Read more: https://bit.ly/2DEa2l3
Monthly Archives: April 2019
Economy still weighing on real estate, says owner of leading city realty firm
It’s hard out there for a realtor.
Read more: https://bit.ly/2ZBUyr0
Bank of Canada could resume hikes if data proves slowdown temporary: Poloz
The Bank of Canada could start hiking rates again “sometime down the road,” although such a move will depend on whether upcoming economic data backs up its assessment that a current slowdown is only a temporary detour, the central bank’s head said on Thursday.
Read more: https://bit.ly/2L2T2eo
U.S. water deal not expected to impact Alberta
The Montana Water Court has been asked to approve a new water rights compact between the State of Montana, the U.S. government and the Blackfeet Tribe in Montana.
Read more: https://bit.ly/2W7Eds9
42 new charging stations added to downtown Calgary parkades
Those who drive electric vehicles will be able to charge up at three new Calgary locations.
Read more: https://bit.ly/2W8Vxgf
Hicks on Biz: The great challenge confronting Alberta
As the election euphoria fades, here’s what Premier-Elect Jason Kenney is up against.
Read more: https://bit.ly/2ZD9zZJ
Chinatown residents and businesses have high hopes for new cultural plan
Calgary’s Chinatown is small but unique, blessed with the iconic Centre Street Bridge, a vibrant cultural centre, a prime location along the Bow River and a history stretching back more than 100 years.
Read more: https://bit.ly/2PxhL9k
Millennials are flooding into Canadian cities, signalling housing won’t go bust any time soon
Toronto, Montreal and Vancouver have seen the biggest net inflow of millennials in 12 years, a key reason demand for housing is expected to remain strong, despite spiralling costs, according to Royal Bank of Canada.
Read more: https://bit.ly/2VAHwv3
Signs of stabilization offer glimmer of hope for struggling downtown office market
The vibrancy of Calgary’s downtown office market is a good indicator of the health of the city’s economy, and since the oil price collapse that started in the latter half of 2014, they’ve both been struggling.
Read more: https://bit.ly/2DAdfls
Council reacts to Bremner financials
The Bremner plot thickens as council begins to comb through its potential financial impact.
Read more: https://bit.ly/2ILYNeq