Air Canada soars on results, refinancing

Real Estate News - 4 hours 20 min ago
Air Canada shares jumped Tuesday after the company announced it plans to refinance $900-million of its debt and released stronger-than-expected preliminary second-quarter results

Grubb & Ellis Company to Participate in U.S. Department of Energy International Energy Efficiency Pilot Program

Real Estate News - 4 hours 21 min ago
Grubb & Ellis Company , a leading real estate services and investment firm, today announced that it is one of eight major U.S. corporations, and the only commercial real estate services provider, selected by the U.S.

Air Canada plans $900-million private offering to repay credit facility

Real Estate News - 4 hours 43 min ago
Air Canada said Tuesday it plans to issue $900-million in senior secure notes through a private offering in order to repay the credit facility it received last summer from a number of players, including the federal government, while it was struggling to avoid a bankruptcy

RioCan Real Estate Investment Trust Recommends Rejection of Below Market Mini-Tender Offer by TRC Capital Corporation

Real Estate News - 5 hours 44 min ago
TORONTO, ONTARIO--(Marketwire - July 20, 2010) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced that it has received a copy of an unsolicited below market "mini-tender" offer made by TRC Capital Corporation ("TRC") to RioCan unitholders to purchase up to 4 million units, representing 1.64% of RioCan's outstanding units.

RioCan Real Estate Investment Trust Recommends Rejection of Below Market Mini-Tender Offer by TRC Capital Corporation

Real Estate News - 6 hours 1 min ago
TORONTO, ONTARIO--(Marketwire - 07/20/10) - RioCan Real Estate Investment Trust ("RioCan") (TSX: REI.UN - News ) today announced that it has received a copy of an unsolicited below market "mini-tender" offer made by TRC Capital Corporation ("TRC") to RioCan unitholders to purchase up to 4 million units, representing 1.64% of RioCan's outstanding units. The offer price of $18.75 per unit ...

Toronto's year-over-year home sales down

Real Estate News - Mon, 2010-07-19 16:23
While Toronto's real estate sales volume is significantly down over the same period in 2009, housing prices continue to rise, says the Toronto Real Estate Board.

Avison Young acquires Hodges Management and Leasing Co. for undisclosed price

Real Estate News - Mon, 2010-07-19 14:58
TORONTO - Avison Young, Canada's largest independently-owned commercial real estate services company, says it has struck a deal to acquire Atlanta-based Hodges Management and Leasing Company. Hodges manages 19.3 million of commercial properties in the U.S. southeastern states.

Avison Young acquires Hodges Management and Leasing Co. for undisclosed price

Real Estate News - Mon, 2010-07-19 14:55
TORONTO - Avison Young, Canada's largest independently-owned commercial real estate services company, says it has struck a deal to acquire

Bank of Canada Rate Announcement Will Have Little Effect on Real Estate Market

Real Estate News - Mon, 2010-07-19 13:26
The expected increase of the overnight lending rate by the Bank of Canada on July 20th 2010 will have little effect on the housing market, says Peter Kinch, one of Canada's top mortgage brokers.

Postmedia Network Canada Corp. and Postmedia Network Inc. Board of Directors Announced

Real Estate News - Mon, 2010-07-19 11:02
TORONTO----Canada’s newest media company today announced appointments to the boards of both Postmedia Network Canada Corp. and its subsidiary Postmedia Network Inc. .

Calgary parkers pay most in Canada: survey

Real Estate News - Mon, 2010-07-19 10:15
The cost of renting a monthly parking stall in downtown Calgary has reached $453.38, making the city the priciest in Canada and among the most expensive in the world.

Calloway Real Estate Investment Trust Declares July 2010 Distribution

Real Estate News - Mon, 2010-07-19 09:38
TORONTO, ONTARIO--(Marketwire - July 19, 2010) - Calloway REIT (TSX:CWT.UN) announced today that the trustees of the REIT have declared a distribution for the month of June 2010 of CDN$0.129 per trust unit, representing CDN$1.548 per unit on an annualized basis. Payment will be made on August 16, 2010 to unitholders of record on July 30, 2010.

Calloway Real Estate Investment Trust Declares July 2010 Distribution

Real Estate News - Mon, 2010-07-19 09:26
TORONTO, ONTARIO-- - Calloway REIT announced today that the trustees of the REIT have declared a distribution for the month of June 2010 of CDN$0.129 per trust unit, representing CDN$1.548 per unit on an annualized basis.

Calloway Real Estate Investment Trust Declares July 2010 Distribution

Real Estate News - Mon, 2010-07-19 09:26
TORONTO, ONTARIO--(Marketwire - 07/19/10) - Calloway REIT (TSX: CWT.UN - News ) announced today that the trustees of the REIT have declared a distribution for the month of June 2010 of CDN$0.129 per trust unit, representing CDN$1.548 per unit on an annualized basis. Payment will be made on August 16, 2010 to unitholders of record on July 30, 2010. Calloway Real Estate Investment Trust is an ...

Q2 real estate investment volume doubles | Jones Lang LaSalle Reports

Real Estate News - Mon, 2010-07-19 07:10
New research from Jones Lang LaSalle’s global capital markets experts has found that preliminary global direct commercial real estate investment volumes reached US$66 billion in the second quarter of 2010. While this level is similar to the first quarter 2010, it nearly doubles the levels of the market bottom one year ago. For the first half of 2010 global direct commercial real estate ...

Avison Young acquires Hodges Management and Leasing Company

Real Estate News - Mon, 2010-07-19 07:00
Mark E. Rose, Chair and CEO of Avison Young, Canada's largest independently-owned commercial real estate services company, announced today that it has acquired Atlanta-based Hodges Management and Leasing Company .

Avison Young acquires Hodges Management and Leasing Company

Real Estate News - Mon, 2010-07-19 07:00
Purchase expands Avison Young's Atlanta, Georgia presence, increases North American management portfolio to 50 million square feet; seven new Principals added TORONTO , July 19 /PRNewswire/ - Mark E. Rose , Chair and CEO of Avison Young, Canada's largest independently-owned commercial real estate services company, announced today that it has acquired Atlanta -based Hodges Management and Leasing ...

Please remain calm: The Earth will heal itself

Real Estate News - Mon, 2010-07-19 04:11
If the planet determines Canada should freeze again, the best response would be to sell your Canadian real estate

Real estate briefs

Real Estate News - Sat, 2010-07-17 05:00
Real estate briefs

Real estate market buoys household net worth in province

Real Estate News - Fri, 2010-07-16 07:58
TORONTO -- Manitoba's household net worth increased by 5.9 per cent last year, while Canada's richest provinces saw smaller increases, as real estate values in some of the country's major markets declined.
 
 
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