Mark Kolke, President of MaxComm Realty Advisors, MaxComm Communications and Plandflex Corporation, has been working in real estate finance, management, leasing, sales and consulting work in Alberta for twenty-eight years. His license to practice real estate in Alberta is sponsored by MaxWell South Star Realty where he is an Associate dealing in commercial, residential and agricultural properties. He moved back to Calgary eleven years ago after twenty- seven years in Edmonton. He advises tenants, buyers, developers and institutional clients on issues involving residential developments, commercial real estate and public private partnerships (P3s).
+ smoke from BC forest fires retreats, eases danger to Albertans with respiratory problems
+ super-bug - New Delhi metallo-beta-lactamase (NDM-1), has been discovered in Brampton patient, 3rd so far in Canada
NEWS REVIEW Aug. 17 - 22
+ Agrium Inc.s $ 1.1 billion takeover bid for Australias AWB Ltd. appears to win approval + ARC Energy Trust and Storm Exploration Inc. closed their Plan of Arrangement + Bank of Canada Reviewreleased: Monetary Policy and the Zero Bound on Nominal Interest Rates + Bank of Canada released report assessing impact of stronger capital and liquidity requirements on the Canadian economy + BHP Billiton Ltd. made$38.6 billion hostile takeover bid for Potash Corp.; other suitors in pursuit . . . stay tuned price expected to rise + Enbridge Inc.s Michigan pipeline spill clean up costs estimated at $400 million + Canadian Overseas Petroleum Ltd.s sub. North Sea Oil Exploration agreed to acquire 50% interest in two UK North Sea blocks + Greystone Managed Investments Inc. agreed to acquire Timbercreek REIT for $ 182 million + Korea National Oil Corp. made a $2.9 billion hostile takeover bid for Dana Petroluem + Quest Capital Corp. is changing its name to Sprott Resource Lending Corp. + South Korea National Pension Service is bidding to acquire 23% stake in U.S. pipeline operator Colonial Pipeline from Chevron Corp. + TransForce Inc. completed its acquisition of EnQuest Energy Services Corp. + weekly economic update from ATB Financial
SAVE THE DATE - upcoming events:
+ August 30,2nd Annual Chip In For United Way Golf Tournament, SilverWing Golf Course + Sept. 8 , 2010 Mortgage Loans of Alberta Golf Tournament, Shaw Nee Slopes, Calgary; register, e-mail: greg.stephanson@td.com + Sept. 14 Canadian Apartment Investment Conference, Metro Toronto Convention Centre, NorthBuilding; registration + Sept. 14 Athabasca Oil Sands Conference, Suncor Community Leisure Centre, Fort McMurray, register + Sept. 15, Canadian Apartment Investment Conference,Metro Toronto Convention Centre, North Building register + Oct. 20 Calgary Real Estate Forum, TELUS Convention Centre, Calgary + Oct. 21 Calgary Real Estate Leasing Conference, TELUS Convention Centre, Calgary + Oct. 29-30 Calgary Career Show info/register e-mail contact: Julie Ball +Nov. 3-4 11th Annual BUILDEX Calgary, BMO Centre, Calgary + Nov. 22 & 23; P3 2010 SHIFTING INTO HIGH GEAR, Toronto; register
+ Nov. 30 Dec. 2; Real Estate Forum, Metro Toronto Convention Centre; registration David Podmore + Andrea Stephen co-chairs
+ Feb. 20, Heritage Classic (Calgary Flames vs. Montreal Canadiens) @ McMahon Stadium
Mark Kolke, Editor/Publisher
SHAKERS/Movers moving
+ Anthony Karakatsanis to Pres. @ CEO @ Morrison Hershfield Group Inc.
+ Bernard Henault to Acting CFO @ Gastem Inc.
+ Darrel Reid to Executive Dir. @ Manning Centre fro Building Democracy
+ David Harris to Gen. Mgr. Forrest Kerr @ AltaGas Ltd.
+ David Mitchell, founding Pres. & CEO @ Alberta Energy Co., died
+ Dominic Ricotta to VP & Assoc. General Counsel @ Apache Corp.
+ Floriana Cipollone to CFO @ Plazacorp Retail Properties Ltd.
+ Fu Chengyu, CEO @ CNOOC Ltd., resigned
+ Myles Dougan to VP Communications @ AltaGas Ltd.
+ Paul McKinney to VP Gulf Coast Onshore @ Apache Corp.
+ Steve Becker to Pres. @ TC PipeLines GP Inc.
+ Yang Hua to CEO @ CNOOC Ltd.
FINANCINGS - proposed & closed
+ Gastem Inc. closed $5,750,000 new equity financing (common shares and warrants)
+ GCX Energy Inc. closed $20 million issue of new equity (common shares)
+Manulife Financial Corporation closed $900 million debt financing (term notes)
+ Quest Capital Corp. is on the market to raise $25 million in new equity (common shares)
INFRASTRUCTURE / P3 / GREEN / LEED
+ Aecon Group Inc. awarded $75 million on Alberta Infrastructure highway building contracts
+ Brookfield Infrastructure Partners LP and Prime Infrastructure of Australia announced at US$1.4 billion merger
FACILITYCalgary - Calgary oil & gas, business and real estate NEWS, Mark Kolke (Editor) - President, MaxComm Realty Advisors - Calgary office leasing, Calgary industrial leasing, P3 Public Private Partnerships - MaxComm Communications Publisher
+ readers are encouraged to forward news items, commentary, feedback & items for our 'on the move' section by writing to: research@maxcomm.ca . We welcome your information send us information on corporate news, key staff appointments, financings and notices of upcomg industry and charity events.