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Brookfield Canada Office Properties REIT just bought this from Brookfield Office Properties for $602mln.

Main and Main is an First Capital Realty entity. They also control a large swath of St. Clair West near oakwood and other infill land amalgamations in the city.

External elevators going up, parking garage going down.

I only caught the end portion of it, but BNN just said that Oxford has said that the vacated Sears stores at Yorkdale and Square One won't be used for either Holts or Nordstroms? Nordstroms already has space they are going to put together at Yorkdale, and I don't see them putting in a Target at...

Extending that line to Sherway, Dixie Go station and the Cooksville go station/Hurontario LRT would make so much sense.

Oxford officially announced this morning that Ernst & Young and The TMX Group (Toronto Stock Exchange) are the lead tenants in the now re-named Ernst & Young Tower. They have leased 45% or approx. 405,000 sq.ft. of the building between them. E&Y will be taking the lower 5 28,000 podium floors as...

Here's a terrible camera phone shot of what's happening today.

The y-o-y median price increases for those regions are: Lincoln Park - +11.1% Loop - +20.7% Near North (between Loop & Lincoln Park) - +24.6% Oz Park - +44.8%

Do you remember the VP's name?

The Lincoln Park, Oz Park, Lakeshore, Loop areas have all seen high single to low double digit growth rates over the past couple of year while the poorer south side has been very hard hit.

They wouldn't lose control, they are 50%-50% with AIMco now, they don't control the relationship. They would potentially sell down to 25% if they were guaranteed ongoing management rights and the fees that go along with it. It would also allow them to lever the property which is currently very...

I can tell you with a truly immense deal of certainty that Oxford will not be selling Square One any time soon. They may sell a 25% interest for various reasons but I can be almost categorical in saying they will not sell out of it in its entirety.

Good luck with that. Buying out Oxford & AIMco and their #2 cash cow (after Yorkdale). It's a well over $1 billion asset now, who would buy the Mall and spend the money that you're proposing? Why would they sell with so much upside left at the site?

My argument was that Toronto is a major financial center who has more in common with the other major financial centers of the world and less correlation to smaller Canadian centers. I think that’s true. Toronto is now the 3rd largest city in North America (after Mexico City and New York). It’s...

I didn’t cherry pick, those were the couple of major Financial centres like Toronto. You’re more cherry picking. Toronto has next to nothing in common with Houston or Dallas. Why did you leave off China? Why Osaka? I can’t find German prices but Berlin has next to no correlation to Toronto, you...

I don’t think it IS a bubble. The 15 year CAGR for Toronto home prices is 5.2%, the 10 year is 5.2%, and the 5 year is 5.3%. If you put that in real terms the 10 year CAGR is 3.3% and the 5 year is 3.7%. (Everything is Feb-Feb to be apples to apples). In comparison the 10 year CAGR for house...

No you're right. We shouldn't look at any cities home prices against any others. Sudbury up 1000%? Can't tell if that's normal or not because I'm only looking at Sudbury. It's as foolish as it sounds! Gas prices went up in Monreal but it doesn't matter what gas prices are in ANY OTHER PLACE...

Really?!? Really?? Toronto is a bubble all alone in the world? It doesn’t have any connections to the rest of the world? It’s prices don’t matter and NONE of the houses/condos in the city are bought by people from outside of the city limits? London prices are rising because money is pouring in...

Oh come on, that's like saying someone killed themselves with cancer because their cells are the ones that turned cancerous! It was a 40-4 vote. When you know you aren't going to get the vote why go through the process and waste time and money?

No, But you can't ignore the fact that they are acting the huge NIMBY re. the Ontario Place Casino (in the same way Allied, RioCan and Diamond are Nimby'ing the MTCC one). It's purely economics but it is also purely NIMBYism.