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WeWork seeks bankruptcy protection in stunning fall for a firm once valued at close to US$50B

WeWork seeks bankruptcy protection in stunning fall for a firm once valued at close to US$50B

WeWork, which operates properties throughout B.C., is also requesting the 'ability to reject the leases of certain locations'
Burnaby mayor slams new provincial housing legislation

Burnaby mayor slams new provincial housing legislation

B.C. plans to end single-family zoned neighbourhoods. Burnaby Mayor Mike Hurley says it’s too much too soon
Greater Victoria real estate sales drop amid interest-rate uncertainty

Greater Victoria real estate sales drop amid interest-rate uncertainty

The Victoria Real Estate Board says sales fell 15.2 per cent to 407 in October compared to the same time last year
Housing supply still outpacing demand in Vancouver market as sales increase

Housing supply still outpacing demand in Vancouver market as sales increase

Homes sales across the region increased 3.7% compared with last year
Little Mountain developer promises 282 social housing units to be built by 2026

Little Mountain developer promises 282 social housing units to be built by 2026

Joo Kim Tiah: 'I need to build the social housing so we can pay back [the loan from] the province. If I don't do that, I'm in trouble.'
B.C. introduces legislation to spur small-scale multi-unit home construction

B.C. introduces legislation to spur small-scale multi-unit home construction

Municipalities will be required to adopt new zoning bylaws to comply with the provincial changes by June 30 of next year
Rental Protection Fund taps 22 non-profits to secure affordable rental units across B.C.

Rental Protection Fund taps 22 non-profits to secure affordable rental units across B.C.

Fund currently has 25 properties across the province under consideration for acquisition, according to the organization’s first report
Vancouver, Austin lead high-tech job growth across North America: CBRE

Vancouver, Austin lead high-tech job growth across North America: CBRE

Commercial real estate services firm has Vancouver and Austin neck-and-neck in terms of growth, according to new report
Lower Mainland industrial sites have double the parking than what’s needed: report

Lower Mainland industrial sites have double the parking than what’s needed: report

Reducing parking at industrial sites can boost access to land, according to industry association
Burnaby approves 5 new Metrotown towers up to 60 storeys with 2,000+ homes

Burnaby approves 5 new Metrotown towers up to 60 storeys with 2,000+ homes

The Concord Metrotown development includes mixed-tenure buildings with strata condos, market rental and non-market rental homes, as well as an office/hospitality tower