We know how easy it is for news to pass you by in the week, so we’ve put together a round-up of Montreal’s most important real estate stories from the past few days – and where to read more about them:
Plateau Takes First Place for Multiplex Investments
We recently ranked Montreal’s boroughs according to multiplex appreciation rates. Plateau Mont-Royal saw the highest price growth in 2017, with the average multiplex appreciating by 17%.
Average CAP Rates In Montreal Per Property Type: Q4, 2017
Cushman & Wakefield‘s latest CAP rate report (Q4 2017) registers average CAP rates in Montreal across a range of commercial property types. Suburban hotels yielded the highest CAP rate in Q4-2017, at 10%.
STM Launches Real-Estate Project At Frontenac Métro Station
Société de Transport de Montréal (STM) is branching out into real estate development, via its business subsidiary, Transgesco, and the Société d’habitation et de Développement de Montréal (SHDM). Montreal city recently approved STM’s plans to construct an ambitious 300 unit housing project near Frontenac métro station.
Montreal Real Estate Market Report: First Quarter, 2018
The Greater Montréal Real Estate Board just released its real estate market report for the first quarter of 2018. GMREB’s quarterly report is based on transactions recorded on Quebec’s real estate brokers’ database; Centris® and takes into account the entire Montreal Census Metropolitan Area (CMA).
This article, Top Stories This Week – April 20, 2018, appeared first on Shupilov News.