Frenzied demand for property in Canadian city Waterloo
Toronto
IN a banquet hall in north Toronto, a condominium-sales event is generating the kind of frenzy more often seen on a trading-room floor.
Michael Wekerle, former Bay Street trader, technology investor, business reality-show judge and now real-estate mogul, steps up to a podium in front of about 1,600 people to make his pitch. Waterloo, an Ontario town that revolves around two universities and a burgeoning technology sector that's attracted companies such as Google Inc and dozens of startups, is booming, he says.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%