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Calgary

National CRE reports show higher cap rates, lower activity: CBRE, Colliers

Steve McLean Commercial Apartments National Sep. 6 2023

Higher interest rates continue to dampen enthusiasm for commercial real estate, both CBRE and Colliers note in second-quarter reports exploring cap rates and market conditions for different asset classes and markets across Canada.

'New player' in Calgary apt. market buys 263-unit property for $54M

Mario Toneguzzi Residential Apartments Calgary Sep. 6 2023

Vancouver real estate investor Wendy Cheung has purchased a 263-unit multifamily property in southeast Calgary from Canadian Apartment Properties REIT for just under $54 million.

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 P.O. Box 1484, Stn. B
Ottawa, Ontario,
K1P 5P6
Canada: 1-855-569-6300
Ottawa: 613-569-6300
Email: thankyou@renx.ca
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