LIBCORPInc.
Transcription
LIBCORPInc.
LIB CORP Inc. S E P T E M B E R 2 0 0 5 Libcorp inc. est une compagnie dynamique qui offre une gamme de services diversifiés au public. Ils sont des consultants en planification, en développement immobilier et en financement. Tout projet de développement immobilier qui exige coordination et planification, peu importe sa complexité, fonctionnera plus efficacement et plus rapidement avec l’implication de Libcorp. Le marché immobilier reste très dynamique La Presse - août - Sans atteindre les pics himalayens de l’an dernier, les mises en chantier résidentielles resteront élevées cette année et l’an prochain, en raison de la faiblesse des taux d’intérêt hypothécaires et du faible taux de chômage. La Société canadienne d’hypothèques et de logement (SCHL) a révisé légèrement à la hausse ses prévisions pour l’année courante avec 218 900 coulées de foundation d’un océan à l’autre, cette année. En mai, l’organisme avait pour cible 216 400. LIBCORP will make it happen! We specialize in coordinating and successfully bringing to fruition any real estate project. Nothing is too big. We will make it happen faster than anyone else ! • Interpreting urban planning bylaws and facilitating administrative processes for construction projects • Start-up of development projects and coordination from acquisition of land to architectural planning, construction phasing, sales & financing. • Arranging or structuring the financing for real estate complexes • Syndication of acquisition of real-estate portfolios and mortgage portfolios • Venture Capital Requirements Pour le Québec, on passe à 51 000 nouvelles unités de logement contre 50 000 dans la prévision de mai. www.libcorp.ca A number of developers have been turning towards Libcorp to help their projects succeed. Some files currently in progress include a zoning amendment to allow a high-rise student residence on Sherbrooke Street, the conversion of a church in NDG into a mixed-use project, the development and financing for a sports and recreation facility in one of the suburbs of Montreal and a residential condominium complex of 216 units, spread over three phases of 72 units each, in Gatineau. Other projects are also in the works. Building Permits •According to the CMHC, the total value of building permits (residential & non-residential) issued in the Montréal region rose 6.3% in June to $531 M (over May/seasonally adjusted). •The value of residential permits issued across Québec was up 11.8% to $720.1 million. In the first six months of 2005, the total value of residential permits reached $3.9 billion. •New housing starts reached 2 367 units in July, a 15% increase over 2004. The rise was led by a 50% increase in condo starts. •Montréal’s New Housing Price Index rose 5.1% in June to 141.5 (yearover-year/1997=100). Source: Norman-Raymond.com Robert Libman, OAQ, President of Libcorp Is an architect by profession, combined with extensive public sector experience at both the provincial and municipal levels of government. After having worked for two large architectural firms in Montreal, he served for five years as a member of the Quebec National Assembly (MNA). He was elected Mayor of Côte Saint-Luc in 1998 and in 2001 re-elected as Mayor of the borough and City Councillor for Montreal where he was named to the powerful Executive Committee responsible for Urban Planning and territorial development. He was charged with devising the city’s new urban master plan, which was adopted by the City Council last November. Ville de Montréal en bref …. •La Ville adopte une stratégie d’inclusion de logements abordables dans les nouveaux projets résidentiels. Pour prendre connaissance des actions prises, consultez le site web habitermontreal.qc.ca. •The City adopted a $15 Million loan bylaw to finance infrastructure work and create green-spaces for major residential developments on Nun’s Island, Verdun … •The Engineering Consortia of Roche and Genivar have been chosen by the City of Montreal as the new Project Bureau to oversee the Cavendish Boulevard extension project, linking the portions in Côte Saint-Luc and Saint-Laurent ... •Dans le cadre du Programme de renouveau urbain, l’arrondissement de LaSalle procèdera à la restauration du moulin Fleming (qui constitue le symbole de l’arrondissement de LaSalle) ainsi que l’aménagement d’une agora adjacente. Le coût des travaux est estimé à environ 200 000 $ … •Three new Borough Planning Chapters were approved by City Council recently for insertion into Montreal’s new Urban Master Plan. They include Mercier-Hochelaga-Maisonneuve, Sud-ouest and Saint Leonard... •The Saint-Laurent borough adopted a bylaw creating a subsidy program for renovations to commercial building storefronts on Decarie Boulevard. The City will spend $6 Million on rebuilding Marcel Laurin Boulevard between Côte Vertu and du College… •The City will spend $6.5 Million to demolish the old Rosemount municipal garage buildings, clean up the site, acquire and renovate buildings and build infrastructures for the realization of hundreds of social and community housing units ... Canadian Newsbriefs... … Existing home sales will stay near record levels this year as low interest rates continue to drive the real estate market, says Canada Mortgage and Housing Corp. in its latest forecast. … August was another record-breaking month for home re-sales according to the Greater Montreal Real Estate Board, with a 12% increase compared to the same month a year ago. … Toronto-based Fairweather Group has acquired four of retailer Les Ailes de la Mode stores in a $6.2 million deal. … The consortium led by Brookfield Properties Corp. is rumoured to be on the verge of resurrecting its $2-billion bid for O&Y Properties Corp. and its subsidiary -- a deal that would be one of the largest real estate transactions in Canadian history. Three sources told the Financial Post the deal, which looked all but dead just a month ago, may be back on the table in its entirety. The deadline is fast approaching for a decision by Brookfield, which is making the bid through its 89%-owned subsidiary BPO properties-The National Post-Aug. 25, 2005 … Investors are the wild card of the current housing boom. Nearly one-quarter of all homes sold last year were bought by real-estate investors, some of whom were hoping to sell them for a quick profit. An additional 13% were bought as second homes. If these people dump their homes at the first sign of a slowdown, prices could fall faster and further than they have during past downturns-The Real Estate Journal-Aug. 22, 2005 The City of Montreal’s new Urban Master Plan: www.ville.montreal.qc.ca/plan-urbanisme The New York Times Sales of Existing Homes Set Record Pace July 25, 2005 - Sales of existing homes set a new record in July with home prices shooting up at the fastest pace in nearly 25 years. The National Association of Realtors reported that existing homes were sold at a seasonally adjusted annual rate of 7.33 million units last month, a gain of 2.7 % from the May sales pace. Montreal Residential Market Montreal housing prices continued their upward climb during the busy spring market, but a growing inventory of properties helped moderate price increases according to a Royal Lepage survey. The study, which looked at condominium, bungalow and twostorey home sales in eight neighborhoods, found that prices across the three housing types rose by just over seven percent compared with the March-to-June period last year. “House prices are still experiencing substantial increases, but this is a return to more normal levels of appreciation after the double digit increases we’ve seen over the last few years.” The average home price in the Montreal region increased by 7.5% in the first part of the year to just over $200,000 according to the Canadian Real Estate Association. Survey of Canadian House Prices Second Quarter 2005 - Average House Prices Chicago Tribune Buck gets top dollar for tower downtown September 7, 2005 - Chicago-Developer John Buck, who has called the lack of downtown office leasing the worst in 30 years, has a deal to sell his latest skyscraper for a record-breaking price. German investment fund DIFA - Deutsche Immobilien Fonds AG has agreed to buy the 1 million-square-foot tower at 111 S. Wacker Drive for $410 a foot, or roughly $410 million, sources say. On a per square foot basis the price would be the most ever paid for a downtown office building, surpassing the $385 a foot paid for 181 W. Madison St. in 1990, when sales prices were last at their height. The Economist Why foreigners are so keen on India’s property market Like those of many other countries, India’s property market is booming. The difference is that India’s was long out of bounds to institutional investors, particularly foreigners. That appears to be changing. Two forces lie behind the boom. First, investors are betting on the consumption-driven growth of India’s economy that is spawning glitzy shopping malls, entertainment centres, multiplexes and luxury hotels. Some reckon that the retail trade will soon be opened to foreign investment and that the likes of WalMart will fuel the demand for commercial property. The second factor is India’s emergence as a hub for global outsourcing. Detached Bungalow Standard Two-Storey Standard Condominium Second Quarter (2005) $ Second Quarter (2004) $ % Change Second Quarter (2005) $ Second Quarter (2004) $ % Change Second Quarter (2005) $ Second Quarter (2004) $ % Change Halifax 162,667 162,167 +0.3 179,667 179,667 +0.0 108,000 107,650 +0.3 Charlottetown 138,000 135,000 +2.2 167,000 155,000 +7.7 97,000 97,000 0.0 Moncton 116,000 115,000 +0.9 111,000 107,000 +3.7 - - - Saint John 135,200 127,400 +6.1 179,500 168,000 +6.8 106,200 93,000 +14.2 St. John’s 141,000 131,000 +7.6 200,333 188,000 +6.6 143,667 134,333 +6.9 Atlantic 138,573 134,113 +3.3 167,500 159,533 +5.0 113,717 107,996 +5.3 Montreal 202,000 189,000 +6.9 316,185 297,000 +6.5 191,271 177,583 +7.7 Ottawa 272,381 256,637 +6.1 264,579 254,429 +4.0 169,143 163,143 +3.7 Toronto 359,211 338,564 +6.1 463,738 443,118 +4.7 240,478 229,588 +4.7 Winnipeg 184,214 165,571 +11.3 172,750 156,438 +10.4 92,167 82,833 +11.3 Saskatchewan 155,117 142,800 +8.6 164,333 151,167 +8.7 99,900 91,063 +9.7 Calgary 246,778 229,078 +7.7 257,433 239,278 +7.6 152,189 141,477 +7.6 Edmonton 190,571 176,143 +8.2 203,000 190,571 +6.5 130,667 122,833 +6.4 Vancouver 481,667 446,667 +7.8 556,833 519,833 +7.1 243,667 219,583 +11.0 Victoria 330,000 286,000 +15.4 361,000 324,000 +11.4 200,000 160,000 +25.0 Average house prices are based on an average of all sub-markets examined in the area, except for the smaller markets of Charlottetown, Moncton, Saint John and Victoria. Robert Libman, B. Arch., O.A.Q., est président et secrétaire de Libcorp. Il est activement impliqué dans chacun des projets. Architecte de carrière, il a une expérience étendue du secteur public tant au niveau provincial qu’au niveau municipal du gouvernement. Il était responsable du nouveau plan d’urbanisme de la ville. La version finale de ce document de planification détaillée et de vision pour un développement durable de dix ans de l’île de Montréal a été adoptée par le conseil municipal en novembre 2004. For more information on any item or news story that appears in this bulletin, please contact Libcorp 666 Sherbrooke W, #900, Montreal, Qc. H3A 1E7 Phone: (514) 842-3184 Fax: (514) 842-6176 or [email protected]