WAM Development Group, a North American leader in commercial real estate development, today announced that Whirlpool Canada LP is the first industrial tenant and is in full operation occupying over 439,000 square feet of distribution space at Stoney Industrial in Northeast Calgary. Stoney Industrial is one of two industrial arms that are part of WAM's StoneGate Landing development - the new retail, office, industrial and hospitality development in Northeast Calgary that is expected to be the l ...
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at Tue, 09 Dec 2008 11:29:43 -0700
Who knew REITs could go so wrong? Long thought of as a conservative way to generate income, real estate investment trusts met the wrecking ball in 2008. The buildings they own are still standing, but their shares have been pounded. The benchmark stock index for REITs was down 49 per cent for the year through Dec. 4, a fair bit worse than the 42-per-cent plunge by the broad S&P/TSX composite index. Established names in the sector like RioCan, Calloway and H&R are down by 40 to 70 per cent, and ...
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at Tue, 09 Dec 2008 11:28:10 -0700
CALGARY.- The Torode Group of Companies reached under the tree and pulled out a big visual arts gift for all Calgarians. Torode announced the purchase and installation of two major public art sculptures to be installed along some of Calgary’s busiest streets. “We are so proud to continue to offer Calgarians a chance to be awed, excited and engaged by art, right here in our city. Torode believes in Calgary and its people. That’s why it’s investing in it with many excitin ...
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at Tue, 09 Dec 2008 11:27:17 -0700