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CBC considers selling Vancouver building to free up money for programming

Frances Bula, The Globe & Mail, May 26, 2015

The CBC is exploring whether to sell its $57-million downtown Vancouver broadcast centre as part of a national plan to reduce its real-estate holdings.

The 2.1-acre site may have “developable density” that could make it attractive as more than just another office building for sale, said Fred Mattocks, the CBC’s manager of media operations and technology for CBC English services.

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Vancouver’s Growing Homes

Vancouver Magazine, April 20, 2015

When it comes to new Vancouver houses, we are living in the era of big. The bigger the better. The newer the better. Double sinks in the bathrooms. Double car garages. Double kitchens. The kids’ bathrooms come with extra-big tubs, showers, heated floors, televisions set into vanity mirrors. A galley kitchen? That’s so ’90s. It’s not a kitchen if it hasn’t got an island the size of a Volkswagen,

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In Vancouver, developers’ plans hinge on plebiscite results

Kerry Gold, The Globe and Mail, April 24, 2015

We know about low mortgage rates and investor speculation, but there is another major driver behind Metro Vancouver real estate – transit.

Transit provides the framework for future development. It has the power to create entire communities and shape the region. And this unaffordable city needs it more than ever.

Developers already know that, which is why Intergulf Development Group vice-president Shaadi Faris will be keeping a close eye on the transit plebiscite results.

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Fresh warning bells sounded over Vancouver’s hot housing market

Brent Jang, The Globe & Mail, April 5, 2015

Soaring real estate prices have been the equivalent of winning the lottery for thousands of people who own single-family detached homes in Vancouver.

The average price of new and existing detached houses sold within the city of Vancouver has topped $1.9-million. An eye-popping projection by Vancouver City Savings Credit Union calls for the average detached price within Vancouver’s city limits to skyrocket to $4.4-million in 2030,

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Investing on the Fringe: Land values around BC’s biggest cities spark opportunities

Frank O’Brien, Western Investor, April 2015

There has been a long term strategy about real estate investing: drive an hour out of your city and buy land. And wait.

Today in Metro Vancouver, with suburban land cresting over $1.5 million per acre, the wait for many investors could be over, but lands of opportunity remain on the fringe of Vancouver and B.C.’s other large cities, analysts say.

All B.C.

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The Experts Weigh In: How Will Alberta’s Oil Slump Affect B.C. Recreational Real Estate?

Sharleen Kneeland, waterfrontwest.com, March 13, 2015

Ever since the price of oil started to slip,  I have been wondering about the possible effect the oil slump might have on B.C.’s recreational real estate market.

Historically, a large segment of our site visitors (around 19-22%) have hailed from Alberta and we know that Albertans like to purchase waterfront getaways and retirement homes in British Columbia. With the market for recreational properties on the upswing again in many of the smaller B.C.

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LandRush 2015 – NIHO President Impresses Jurock REI

NIHO President Rudy Nielsen gave one of the key presentations to 600 people at the successful Real Estate LandRush 2015 Conference on Feb 28th.

Conference founder, Ozzie Jurock, said:

“That success was due in no small measure to your own fine contribution on our stage.

You presented your thoughts, ideas and forecasts in a timely, interesting and professional manner and helped us create a ‘convention type experience’

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Haida Gwaii golf goes national

Stacey Marple, Haida Gwaii Observer, April 8, 2015

Golfing on Haida Gwaii is now bigger and better than ever now that a new promotional program, Golf Haida Gwaii, has gained the attention of Golf Canada. Golf Haida Gwaii works with both Willows and Dixon Entrance Golf Courses to provide a free, island-wide golf program for youth. When Golf Canada heard of this program, along with the islands’ unique natural backdrop,

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DP World to purchase Fairview Terminal in Prince Rupert for $580 million

Shaun Thomas, Prince Rupert Northern View, April 2, 2015

A company owned by the government of Dubai is set to purchase Fairview Terminal from Deutsche Bank for $580 million.

DP World Ltd. announced today its intention to purchase the operations, with the transaction expected to be complete in the second half of this year.

“Fairview Container Terminal offers the fastest access for vessels traveling between Asia and North America.

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P.G. a good real estate buy, investor tells conference

Frank O’Brien, The Prince George Citizen, March 12, 2015

Buying raw land on the fringe of Prince George is among the best real estate buys in British Columbia, according to Rudy Nielson, president of Niho Land & Cattle Co. and the largest private landowner in the province.

“Prince George has it all. It is a hub city for the province,” Nielson said following an address to the annual Jurock Land Rush conference in Vancouver.

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