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Real estate stocks have proven a good investment during the stock market recovery, especially those that have offered yield-hungry investors a decent payout. But recently, many stocks in the sector, as well as real estate investment trusts, have been trading near their highs, pushing yields down and creating an environment where investors must be more selective.
For those desperate for hard data on the effect of Chinese buyers in the Vancouver housing market, answers seemed to come from the most unlikely of sources – China's state run newspaper.
The China Daily ran a story – later picked up by a Forbes blog – which said that "according to Colliers International, a real estate service provider, the proportion of Chinese buyers in Vancouver's property market is on the rise. At the end of the first quarter this year, it increased to 29 per cent of all home buyers."
As political and social unrest swept across the Middle East in recent weeks, the world watched in stunned amazement as once unshakeable dictators, autocrats and royal families were challenged – or usurped altogether – in widespread protests from Bahrain to Libya.
Many market watchers immediately turned their attention to a pressing issue: the spiking price of oil.
Few discussed another problem, namely how the turmoil would affect the highly sensitive commercial property sector. Landlords watched nervously as business tenants stayed home from work, retail outlets closed, hotels shuttered their doors and factories ceased production.
hou bought and renovated a downtown Toronto office building to create a studio for his architecture and design firm, Johnson Chou Inc., he realized the space was just too big.
Rather than seeing the space sit unused he subleased it.
Empty or underutilized office space, according to Mr. Chou, is too often filled with everything from unused furniture to bankers’ boxes. “I really feel that spaces that look purposeless, empty or ill-conceived reflect poorly on an organization,” the designer explains.
So, when the owner of a two-person architecture firm came looking for office space, Mr. Chou agreed to share part of his new studio.
The potential merger of the TMX Group, operator of the Toronto Stock Exchange, and the London Stock Exchange Group has sparked hot debate throughout the Canadian business community.
The move would create the world's biggest stock exchange, with more than 6,000 companies traded. The resulting company would be worth $6-billion and be jointly based in London and Toronto.
As Ottawa decides the deal’s fate (any merger or takeover of a Canadian company worth more than $299-million can be subject to government approval under the Investment Canada Act), experts in commercial real estate are weighing in. And while some see a favourable outcome, others are warning of negative side effects.
Once industrial engines, condos have colonized city waterfronts, worrying some that the city economies will be stifled...
Amid cryptic statements from central banks, nervous investors want to know when borrowing costs will head upward. David Parkinson seeks answers in an e-mail discussion with a panel of experts...
This is the term used when the owner is the occupant of the property. This is often a condition of 0% down Mortgages.
Zero Down Mortgage
This type of mortgage is a true 100% mortgage financing product that is available in Canada. See also "No Money Down Mortgage."
An area or a region within city limits that is distinguished from adjacent areas by a distinctive feature or characteristic. Zoning usually pertains to the type of land uses that are permitted...