ProjectEnd said:
www.newswire.ca

Graywood Developments Expands Residential Portfolio with Build-to-Rent Pipeline

/CNW/ - Graywood Developments ("Graywood"), a leading real estate investment management company, announces its strategic expansion into the Build-to-Rent...
www.newswire.ca www.newswire.ca
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Extracted from the above article (italicized):

Graywood's strategic entry into BTR is the result of years of preparation, including proactive site assessments and due-diligence to evaluate project viability under both for-rent and for-sale models. As a fully integrated organization, Graywood intends to develop, construct, lease, operate, and manage its rental properties in-house, supported by a leadership team with deep rental expertise.

"We've been studying rental as an opportunity for several years, and we see it as a long-term complement to our condominium portfolio," adds Sweeney. "Build-to-Rent is not a temporary pivot for us—it's an integral part of our strategy to meet housing demand in urban neighbourhoods where people are increasingly choosing to rent. At the same time, we believe both pre-construction condos and homes will continue to be an attractive option for buyers, in key markets."


Mhmm sure Graywood, "years" of preparation. Let's just call a spade a spade here, the condo market hit the dumps and that's when you started shifting to rentals. Nothing more, nothing less.
 
ushahid said:
May be i lack awareness but i feel like in the Western world Mississauga and Vaughan will be the suburbs with most skyscrapers (150m+) by 2030. what do u think?
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Depends on what you define as western world.

I assume you mean the English speaking world + Europe ?

Then outside of NYC, and some of vancouvers burbs, I'm fairly confident in saying that this might already be the case.

Tho I'm not sure why you'd limit yourself to those countries. The world's a pretty big place lol
 
Because i have seen Aisan cities and trust me Western world doesnot come closssssee to the density.
 
Demolition of an existing structure at the 3201 Highway 7 site is taking place and Sweeney expects ground to be broken for the new 55-storey building in the coming weeks. It will have approximately 600 units comprised of studios, one-bedroom, two-bedroom and three-bedroom suites.

Amenities are expected to include co-working space, a gym, a party room, a work studio, a swimming pool, an outdoor terrace and a dog run.

Completion in the fourth quarter of 2029 is targeted for that project.
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renx.ca

Graywood expands emphasis on purpose-built rental development

Toronto-based Graywood Developments is putting a stronger and expanded focus on the build-to-rent residential sector as a response to current market demands.
renx.ca renx.ca
 
Cross posting 3 images by @hkskyline from the Festival thread. This sucker is gone:

DJI_20251105002903_0059_D.jpg


DJI_20251105003055_0073_D.jpg


DJI_20251105003139_0077_D.jpg
 
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