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).
+ Niagara Acquisition Inc. (KingSett Capital Inc and clients represented by Alberta Investment Management Corp.) agreed to acquire Canadian ING portfolio of industrial and office buildings,and management company; $2billion
+ Potash Corp. spurned BHP Billiton bid, seeking white knight
+ Aecon Group Inc. acquired Cow Harbour Construction Ltd., $180 million
+ Enbridge Inc. will build $370 million - 95 kilometre 30” diameter crude pipeline to carry Suncor production
+ Enbridge Energy Partners LP and Enbridge Income Fund launched open season for shipper interest in Bakken area expansion capacity; U.S. portion US$370 million, Canadian portion $190 million
+ Flint Transfield Services secured $95 million 3 yr. maintenance contract for Nexen’s LongLake facility
+ FortChicago Energy Partners LP completed it’s take up of shares in its acquisition of Swift Power Crop.
+ Kingsway Financial Services Inc. intend to institute shareholder rights plan
+ Medican creditor protection extended to Sept. 30 to complete reorganization
+ Nordic Oil and Gas Ltd. closed sale of 2/3rd interest in Lloydminster assets to Western Plains Petroleum Ltd.
+ Penn West Energy Trust signed $850 million natural gas JV with Mitsubishi Corp. for development of NE British Columbia projects
+ Schlumberger Limited completed its merger with Smith International Inc.
+ Western Petroleum Commodities Inc. agreed to acquire Circumpacific Energy Corporation
+ 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 + Sept. 23 – Calgary Economic Development Annual Economic Outlook, Hyatt Regency, Calgary – Tickets+ Sept. 23-24 – Banff Venture Forum 2010, Fairmont Banff Springs Hotel, Banff – registration+ 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
PEOPLE ON THE MOVE
+ Stephen MacPhail to Pres. & CEO @ CI Financial Corp.
FINANCINGS - proposed & closed
+ Nordic Oil and Gas Ltd. is on the market to raise $600,000 of new flow-through equity
+ Petrominerales Ltd. closed US$550 million convertible debt placement
INFRASTRUCTURE/P3/GREEN/LEED
+ Alberta looks to shield oil sands lands ;Minister says he’s ‘not uncomfortable’ with recommendation to protect 32% of Lower Athabasca region
+ Calgary airport tunnel (or no tunnel) is heating up the campaign for Mayor; Hawkesworth is against spending $500 million; everyone else making noises about being in favour
+ Canadian Pension Plan Investment Board agreed to acquire Intoll Group, $3 billion (includes 30% stake in 407ETR)
COMMENTARY
+ this one is fun to report; in Florida, realtors hurt by the oil spill have received $16million from BP …. ‘hey, BP, how about a little for the Calgary guys?’ ….
+ ‘nuff already, swinging at a pitch in the dirt - Premier Stelmach is going to punch back at American retailers who have bought into a media campaign to frighten U.S. citizens about oil from Alberta’s oil sand.Industry, Albertans and those who buy the oil are co-stakeholders in a process that is evolving, cleaner than ever . . . and getting better all the time. Ludicrous for Ed to spend time and money countering U.S. and European protesters – when our emissions are pale compared to U.S. coal fired power . . .
+ as we try to gauge whether recovery is really building a head of steam, or ready to crater again, one indicator that has been consistently a bell-weather of commercial real estate momentum is industrial leasing – it tends to be improving; U.S. industrial activity is up 25%+ with vacancy declining for the 1st time in 11 quarters … not a celebration yet, but a strong indicator that industrial companies are investing . . .
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.
