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The Canadian property bubble refers to a significant rise in Canadian real estate prices from 2002 to present (with short periods of falling prices in 2008, 2017, and 2022). The Dallas Federal Reserve rated Canadian real estate as "exuberant" beginning in 2003. [ 1 ]
In February 2018, it acquired some of the assets of San Diego–based real estate company OliverMcMillan, a developer of large-scale mixed use properties. [13] Brookfield Residential Properties was awarded the 2018 Lowest HERS Index Score Canadian Production Builder with a HERS Index Score of 38 as part of the 2018 RESNET Cross Border Home ...
Calgary Municipal Land Corporation (CMLC) was incorporated in 2007 as a wholly owned subsidiary of the City of Calgary to implement and execute the Rivers District Community Revitalization Plan – a public infrastructure program approved by the City of Calgary and the Province of Alberta to kick-start Calgary's urban renewal.
The early-1910s saw real estate speculation hit Calgary once again, with property prices rising significantly with growing municipal investment, CPR's decision to construct a car shop at Ogden set to employ over 5,000 people, the projected arrival of the Grand Trunk Pacific and Canadian Northern Railways in the city and Calgary's growing ...
[4]: 69 Any property deemed surplus by the government must be sold to the Canada Lands Company at fair market value, which must then develop, manage, or sell the property. [ 4 ] : 337 In the 2010s, CLC's major projects were the operation and development of the CN Tower and surrounding areas, and the redevelopment of decommissioned Canadian ...
Map of Calgary c. 2000. This is a list of neighbourhoods in Calgary, Alberta. As of 2016, Calgary has 197 neighbourhoods, which are referred to as "communities" by the municipal government, [1] and 42 industrial areas. [2] A further 15 communities were included in the civic censuses from 2015 to 2019, [3] bringing the total to 212.
First Capital was founded in 1994 as Centrefund Realty through a 1994 IPO. [2] It started with 5 properties, and grew to 70 properties by 2000. [2] In May 2000, Riocan Real Estate Investment Trust briefly entered discussions into buying First Capital. [3]
Oxford Properties ranked first in Sustainability in North America in the Diversified Retail/Office Category by GRESB survey for the fourth year in a row in 2016. [9] GRESB is an industry-driven organization committed to assessing the ESG performance of real assets globally, including real estate portfolios and infrastructure assets. [10]
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