BOMA BEST

The multi-generational project will add 3,500 to 4,000 housing units aimed at people from all walks of life in its projected timeline of seven to 10 years. ow.ly/TJNL30h2WCA

In Vancouver, where more than half the population are renters, purpose-built rental buildings have become a unicorn ow.ly/7e9M30h2Wpw

The operating performance of hotels has been extremely strong and occupancy rates have been growing much faster than the supply of hotel rooms, says Alam Pirani, executive managing director for the Toronto office of Colliers International Hotels. ow.ly/lIZC30h1fIz

@OxfordPropGrp says it is the first in the retail industry in Canada to allow customers to use their @WechatPay and @Alipay mobile wallets in its 11 Canadian shopping centres, affiliated hotels and other travel partners. ow.ly/xsED30h1gqL

Industrial Alliance Insurance and Financial Services Inc. bought three Victoria buildings sold by HOOPP Realty, part of the Healthcare of Ontario Pension Plan. ow.ly/bVmh30gZsKv

While the trend is pronounced in Vancouver, it is not the only Canadian city with a major office building going up on spec.ow.ly/D3tX30gZtfy

Despite slowing investment in North American commercial real estate, gateway cities such as Vancouver are expected to be key destinations for investment from foreign investors. ow.ly/gb6A30gXeNo

Maison Manuvie, the $220 million class-AAA building at 900 de Maisonneuve Boulevard West is 83 per cent leased at opening with major tenant Manulife occupying more than 260,000 square feet of office space on 11 floors. ow.ly/zqVm30gXepA

@OxfordPropGrp Nestlé Building received the BOMA Canada’s Earth Award for light industrial buildings at the BOMEX 2017 conference and exhibition in Toronto in September. ow.ly/1zE530gUI1x

A report indicates co-share spots could one day represent 20 per cent of the entire office market ow.ly/FSdg30gUHP8

The developer behind the proposed $35 million, 100,000-square-foot Sidney Crossing retail project near Victoria International Airport should have a permit in the next few months with ground-breaking expected next spring. ow.ly/qf6230gT4EA

CT REIT will purchase seven properties, all anchored by Canadian Tire stores, for $200 million. ow.ly/F1Yt30gT49T

Toronto remains Canada’s undisputed magnet for tech employers and employees, adding 51,300 tech jobs between 2011 and 2016, the country as a whole added 138,300 tech-related positions during the same period, 34,500 in 2016 alone. ow.ly/unNc30gRsdq

A $200-million renovation at Place Ville Marie is part of an investment of about $1 billion by Ivanhoe Cambridge in its downtown Montreal flagship properties. ow.ly/IfVE30gRsuW

While the demise of Sears Canada has exacerbated concerns about the direction of retail, Ikea stands to benefit after the department store chain’s liquidation sales end in January. ow.ly/5R7a30gPE2f

The Shops at Wilson Station, officially opened on Thursday, is the first — and maybe the only —shopping mall developed entirely by the city’s real estate development firm, Build Toronto. ow.ly/3Vay30gPDvm

Video game maker Relic Entertainment will be the anchor tenant for this new PC Urban light industrial and office building in Vancouver’s Mount Pleasant neighbourhood. ow.ly/N5V130gNfKx

The @CFtoeatonCentre kicked off the holiday season with the unveiling of Canada’s biggest Christmas tree. ow.ly/WM2c30gNf7k

The Oskar Group has announced plans for the Stratus Centre, a 94K SF Class-A office and retail project in Newmarket. ow.ly/6eBo30gLOsR

The Trump Organization has reached a deal that will allow the company to walk away from the property by the end of next month. It is the second time this year the Trump name was erased from a hotel development, after his Toronto tower in June. ow.ly/lxx730gLOzA