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Metro Vancouver's first H&M Home store opening this week


This is a significant much-anticipated H&M location as it also features Metro Vancouver’s first H&M Home interior collection concept store, which offers contemporary decor and home accessories.
It offers products for every room in the home, with styles for pillows, bedding, home storage, dinnerware and tableware, rugs, bath and shower, blankets, curtains, cookware, and toys.
The entire store, including H&M Home, spans a footprint of about 30,000 sq ft. The H&M Home store section flows seamlessly with the rest of the store.
Exterior of the flagship H&M store at The Amazing Brentwood on June 1, 2021. (Kenneth Chan/Daily Hive) ....

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Over 80 streetfront businesses closed in downtown Vancouver over the past year


But the pandemic’s prolonged economic and workplace effects led to some businesses resorting to releasing their office spaces. Downtown’s office vacancy rate fell from 2.6% in late 2019 to 6.6% in late 2020, which is still considered low. The vacancy rate is forecast to push further upwards to 8.6% in 2021. Most of the new vacancies during this period were from smaller and older spaces.
New office projects were still pushed forward during the pandemic, with 3.8 million sq ft of office space under construction and an additional 2.6 million sq ft proposed. The first major projects from the office construction boom that began before the pandemic are scheduled for completion in 2022 and 2023, including Oxford’s The Stack at 1133 Melville Street and The Post (Amazon) at 349 West Georgia Street. ....

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Cadillac Fairview Announces New Head of Europe in Support of Global Growth


Cadillac Fairview Announces New Head of Europe in Support of Global Growth
TORONTO and LONDON, March 17, 2021 /PRNewswire/ Cadillac Fairview (CF) is pleased to announce the appointment of Jenny Hammarlund as Managing Director, Head of Europe. Based in London, Ms. Hammarlund will report to CF s Executive Vice President of Investments, Duncan Osborne, and will be responsible for growing CF s presence in the UK and European property markets.
As the global real estate arm of the Ontario Teachers Pension Plan, which has over $200 billion of assets, CF is focused on growth and international diversification, said Mr. Osborne. We see significant opportunity to operate and invest at scale in the UK and Europe, with Ms. Hammarlund and her team focused on identifying new strategic opportunities, overseeing our existing investments and growing our existing partnerships. ....

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