Real Estate

London Drugs Ltd. is delaying development of the Alba – a four-storey, 108-unit residential development at 2642 East Hastings Street – because of what it calls "the challenging real-estate market."

Victoria-based Partners REIT (TSX:PAR.UN) announced May 13 that it spent $45.9 million to acquire two retail centres in metropolitan Montreal.

The composite price index for non-residential building construction in Vancouver increased by 0.1% in 2013’s first quarter, according to Statistics Canada data released this morning.

Modular construction company Britco and the Lax Kw’alaams Band are partnering to develop a rental business in Northwest B.C.

Organizations lobby for public support in bids to nab VAG's iconic Robson Square space

Government raises $600 million annually and has benefited from higher residential real-estate prices

Construction in the Lower Mainland region continued a downward trend, with building permit values dropping by 11% in March compared with February, according to an analysis of the latest Statistics Canada data by the Vancouver Regional Construction Association.

Metro Vancouver home sales fell 6.1% in April to the lowest total sales for the month since 2001, the Real Estate Board of Greater Vancouver (REBGV) announced May 2.

Real-estate marketer Pilothouse Real Estate Inc. is suing project manager Tridecca Developments Ltd. for failing to pay Pilothouse a $125,000 bonus after Pilothouse allegedly successfully sold units in the River View Terrace development for higher-than-expected prices.

Most British Columbians believe that B.C.'s property transfer tax (PTT) places an unfair tax burden on homebuyers, according to an Ipsos Reid poll released May 1.