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Real Estate News

Declining Chinese Currency Benefitting Global Property Markets, Says JLL

Declining Chinese Currency Benefitting Global Property Markets, Says JLL

It's been a year since China surprised the world by allowing greater flexibility in the renminbi exchange rate, resulting in its drop in value by a record 1.9 percent against the US dollar. Read More »


Weak Canadian Loonie Impacting U.S. Snowbird Home Buying

Weak Canadian Loonie Impacting U.S. Snowbird Home Buying

Spending time in the U.S. costs Canadians more these days with the value of the Canadian dollar hitting a 13-year low. Read More »

Top Commercial Investment Cities in the Americas Revealed, Los Angeles Tops List

Top Commercial Investment Cities in the Americas Revealed, Los Angeles Tops List

The majority of real estate investors in the Americas intend to increase their property acquisitions in 2016, with Los Angeles as the top target market ahead of New York City and Dallas/Ft. Worth. Read More »

Explosion of Cloud Based Services Driving Demand for More Data Centers Globally

Explosion of Cloud Based Services Driving Demand for More Data Centers Globally

According to JLL's annual Data Center Outlook report, as more global companies move data and information to the cloud, the cloud itself is actually moving closer to them. Read More »


Global Property Spotlight

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »

Last Updated September 9, 2016 12:19 PM ET

Toronto Property News

This week the IHA issued a call for advancing housing affordability during its 2015 Interim Meeting this week in Ottawa.

When you think of thriving destinations for golf resort communities, the Sun Belt naturally comes to mind first - places like Florida, California and Arizona - not Canada - until now.

New York attracted the most commercial real estate investment during the last year.

Canada's hotel development pipeline comprises 227 projects totaling 24,262 rooms.

The newest TV star of 'Dragon's Den', Michael Wekerle has purchases the former Anheuser-Busch estate in Ft. Lauderdale, Florida for $12.5 million.

Canadian home sales fell 3.3 percent from December to January, marking the fifth consecutive drop.

The Canada Pension Plan Investment Board plans to open an office in São Paulo in April 2014.

Hudson's Bay Company has sold its flagship retail complex and an office tower in downtown Toronto..

Home sales in Canada posted the third monthly decline in December, according to The Canadian Real Estate Association.

Building permits in Canada fell in November, providing further evidence of a cooling housing market.

The company is in talks to add hotels in Rio de Janeiro and Brasilia. A second site in Sao Paulo could come later.

The number of U.S. housing starts in November increased 22.7 percent from the prior month, reaching its highest level in five years. Housing starts reached an annually adjusted rate of 1,091,000.

Manulife Financial Corp. has purchased its first office building in New York's financial district from Mitsui Fudosan Co., Japan's largest property developer, for $166.5 million.

Home sales in Canada barely shifted in November, keeping the housing market in balanced territory, according to the Canadian Real Estate Association. National home sales dropped 0.1 percent from October to November.

Home sales in Greater Vancouver were 38 percent higher in November, compared to last year, as the market enjoys consistent home sales and listing activity. A total of 2,321 homes were sold in November, compared 1,686 sales last year.

The Carlyle Group announced today the purchase of Diversified Global Asset Management Corporation, a global hedge fund manager with a portfolio worth more than $6.7 billion, as part of the group's plan to diversify its investment options.

Cascade Investment, the private equity firm of Microsoft founder Bill Gates, has purchased Four Seasons Hotel Atlanta from Host Hotels & Resorts. This is the second acquisition of a Four Seasons property in recent weeks.

The Big Apple remains the favorite target for property investors scanning the globe for deals. New York attracted $49.2 billion in property deals last year, a 39 percent increase, easily outpacing London's $32.3 billion.


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