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Alberta

Demand high, vacancy remains low in Calgary multifamily market

Mario Toneguzzi Residential Apartments Calgary Oct. 23 2023

Tight vacancy and increasing rents have been the story for Calgary’s multi-residential rental market recently and that’s not likely to change anytime soon: the city’s population continues to grow and housing supply is at crisis levels.

ICE District tower shelved, CWB to move to Manulife Place

Don Wilcox Commercial Office Edmonton Oct. 20 2023

CWB Financial Group (CWB-T) will move its headquarters to the soon-to-be renovated 36-storey Manulife Place in downtown Edmonton, in the wake of a decision by ICE District Properties to delay construction of a planned 16-storey office tower.

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