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SmartCentres and Greenwin join forces on new Barrie development

SmartCentres REIT and Greenwin Inc. announced that they have entered into a 50/50 joint venture to develop a 7.8 acre lakefront property located in Barrie, Ontario. The multiphase rental apartment community will be comprised of over 2,000 residential units when it reaches completion, bringing much-needed relief to the city’s rental housing shortage.

“We are very excited about partnering with Greenwin on this project in the thriving and growing city of Barrie. With direct access to the waterfront and close proximity to the GO station, we are confident that this residential development will be complementary to the City’s vision for its waterfront and provide additional rental housing in Barrie,” said Mitchell Goldhar, Executive Chairman of SmartCentres.  “It furthers our strategy to focus on revenue growth in sectors such as residential, seniors, office and self-storage,” added Mr. Goldhar.

“We are very pleased to enter into this partnership with SmartCentres to create a landmark residential development in the city of Barrie,” said Kevin Green, President of Greenwin.  “This development, comprising of over 2,000 residential units will add significantly to our development pipeline of over 5,000 new purpose-built rental units.”

SmartCentres is one of Canada’s largest real estate investment trusts with total assets of approximately $9.7 billion. It owns and manages 34 million square feet in value-oriented, principally Walmart-anchored retail centres, and is continuing to expand its portfolio to include residential (single-family, condominium, rental) retirement homes, office, and self-storage.

Greenwin currently manages more than $3.3 billion in real estate assets, consisting of 16,000 residential units and 1 million square feet of commercial space. For more information, visit www.greenwin.ca.

Cadillac Fairview acquires East Harbour project

Cadillac Fairview has entered into an agreement with First Gulf to acquire Toronto’s East Harbour 38-acre site.

In 2018, Toronto City Council approved the East Harbour Master Plan, which submitted 10 million square feet of commercial development, including office, hotel, retail, institutional, entertainment and cultural space conceived by First Gulf and its partners, Cowie Capital Partners Inc. and Northglen Investments.

“Establishing East Harbour as an employment destination with multiple uses and amenities will be based on infrastructure that is well-integrated with its surroundings, well-connected with a range of transport options, resilient to long-term changes in the economy and our climate, and responsive to innovations in building systems technologies,” said CF executive vice-president of development, Wayne Barwise who is predicting the development program to span in excess of 10 years.

According to the press release, the first phase of the development includes the redevelopment of existing Soap Factory building. LEED and WELL certifications will be targeted throughout East Harbour and the project will also implement a part of the Don Mouth Naturalization project to provide permanent flood protection for the area.

“CF is thrilled to assume stewardship of the East Harbour project and all of the tremendous potential that it represents,” said John Sullivan, President and CEO, Cadillac Fairview. “Our commitment now is to sustain the momentum toward realizing the vision of vibrant new employment and entertainment destination for Torontonians.”

The transaction is expected to close on September 25, 2019.

Canadian health care delivers climate champions

Six Canadian health care institutions and organizations have been named 2019 champions of a global initiative to improve the sector’s resiliency and reduce its environmental footprint. More than 190 enrollees in the Health Care Climate Challenge collectively represent 17,500 hospitals and related facilities in 28 countries that have set targets to reduce greenhouse gas (GHG) emissions, and are tracking and reporting their progress.

“As the climate champions near their targets and objectives, they are challenging themselves to go further and setting their sights on bold new objectives,” observes Kent Waddington, communications director with the Canadian Coalition for Green Health Care, which achieved Gold champion status for climate leadership this year. “Goals to achieve carbon neutrality and power hospitals on 100 per cent renewable electricity are growing in every part of the world. They are raising the bar and defining what truly climate-smart health care can be.”

Participants are actually expected to tackle three interrelated challenges: mitigation; resilience; and leadership. That includes implementing energy and water efficiency and waste reduction measures, preparing to respond to extreme weather, and promoting awareness among health care and facilities’ staff and the general public. Health care organizations must commit to measuring and reporting their use of resources relative to a chosen base year, along with the cost savings realized from reductions in energy and water consumption and waste generation.

In addition to the Green Health Care Coalition’s Gold effort, Toronto-based University Health Network is a Gold champion for both climate resilience and climate leadership. Quebec-based Synergie Santé Environnement also achieved Gold for climate leadership.

Silver honours went to three health care organizations in British Columbia. Provincial Health Services Authority, Vancouver Coastal Health and Fraser Health were all recognized for energy-related GHG reduction. Fraser Health additionally earned Silver for climate resilience.

M Moser Associates expands into Vancouver

Global design firm, M Moser Associates, is opening a new location in Vancouver. The new office is located in the 135-year-old Standard Building on West Hastings and the space will serve as a next generation living lab. At approximately 1,931 square feet, the space will be the home base for 25 full-time employees as M Moser makes its mark in Vancouver.

According to Forbes, Vancouver is one of the most up-and-coming tech markets in North America for an accelerator/VC space, so M Moser’s expansion to Vancouver comes as no surprise. There’s huge potential for the office to expand – and rapidly. The expansion follows major companies such as Facebook, Microsoft, and Amazon, which all recently opened offices in Vancouver.

As M Moser Associates enters this market, Lisa Mackenzie has been appointed the new associate director of M Moser Associates’ Vancouver office. She’ll work alongside Nabil Sabet, group director and leader of M Moser North America.

“We’re thrilled to have Lisa onboard and know she’ll continue to take M Moser to new heights – in Vancouver and globally,” says Sabet. “She is M Moser’s newest champion of transformation, embodying our mission of workplace evolution in one of the most exciting business frontiers in the world. Vancouver is a hub of innovation, aspiration and change just waiting to be unlocked.”

Mackenzie brings 15 years of experience to the position and a portfolio encompassing master planning, design strategy, new build and relocations for corporate workspaces. Her ability to provide functional workspaces is balanced by a commitment to delivering design solutions on-time and within budget.

“I’m so excited to embark on this new journey with M Moser,” says Mackenzie. “In addition to design work that effortlessly blends the striking and the functional, M Moser is on the forefront of the future of work. Their industry-leading thought leadership on workplace culture, diversity and inclusion, and employee transformation makes them a difference-maker in the market.”

 

Apartment sector leads lagging Alberta investment activity

Altus Group’s latest report on investment shows that both Calgary and Edmonton’s commercial real estate sectors were down significantly in Q2, excluding the apartment sector  — and to a slightly lesser degree, the industrial sector  — which beat out hotel, office and retail in terms of investor interest.

In Calgary, 99 transactions over $1 million (representing a total value of $426 million) occurred overall in the second quarter. Of those, the apartment sector recorded 17 transactions worth $84 million — up 54 per cent from Q2 2018. The top transaction was the sale of Cedarbrae Manor to Mainstreet Equity Corp for $18.2 million.

“The apartment sector was actually one of the few positive notes to take out of this quarter’s results for Calgary,” said Ben Tatterton, Manager, Data Solutions at Altus Group. “The sector is down quarter-over-quarter, but it’s up 54 per cent from the same time last year, and on a year-to-date basis it’s up 150 per cent.”

In Edmonton, the apartment sector also led the way with 27 transactions, representing 31 per cent of market activity. Several large transactions occurred, including the acquisition of Insignia Tower by Boardwalk REIT. But overall, first half investment levels in Edmonton were down significantly from last year.

“Edmonton experienced a drop in apartment investment from both the previous quarter and the same quarter last year,” said Tatterton. “It’s also down 35 per cent year-to-date from the first half of 2018. However, along with the industrial sector, the apartment sector continues to gain more investment dollars than any other sector in Edmonton in 2019. There also continues to be interest from institutional buyers in Edmonton for apartment product, evidenced by the top deal in Edmonton in Q2, which was completed by Boardwalk REIT.”

Overall, the commercial real estate market in Calgary and Edmonton has been lagging throughout 2019 due to circumstances surrounding the greater economy in Alberta.

“The apartment sector hasn’t been immune to these forces and we’ve seen sporadic activity in terms of large transactions as a result,” Tatterton noted. “We anticipate this pattern will continue throughout the remainder of the year. However, there are market fundamentals, such as positive migration trends, rising unaffordability in the housing market, stable returns, etc. that will still drive and generate investment activity in multifamily apartments for Calgary and Edmonton.”

Ontario victim services to include damage repair

Ontario residents will now be eligible for emergency funds for cleanup, damage repair and household security enhancements in the aftermath of violent incidents. The provincial government plans to a rollout the new Victim Quick Response Program – plus (VQRP+) on October 1, authorizing 52 regionally based social service agencies and First Nations councils to release financial aid within three to 10 business days.

Survivors of violence, families of homicide victims and/or witnesses of violent crimes could qualify for the program, which will replace the existing Criminal Injuries Compensation Board (CICB). The new rules will provide direct funds to eligible recipients rather than requiring them to later apply for reimbursement of out-of-pocket expenses.

“VQRP+ will relieve some of the burden caused by crime, enhance safety and meet practical needs,” says Ontario Attorney General Doug Downey. “This provincial program will also help serve as a bridge to longer-term health and social supports.”

Funds could be allocated to cover a range of needs including funeral expenses, travel costs, supports for people who have been displaced from their homes and possessions, dental work and counselling services. Qualifying maintenance and home security costs include professional crime scene cleaning services, glass replacement and installation of deadbolts, motion sensors and contact alarms.

Building safer trades in Saskatchewan

The Saskatchewan Safety Council and Saskatchewan Building Trades are collaborating on Building Safer Trades – an initiative that provides free practical safety training and information on union trades for Indigenous youth in Saskatchewan.

The project is funded, in part, by the Government of Canada’s Union Training and Innovation Program.

Over three years, the project aims to engage and provide training to 432 Indigenous youth between the ages of 14 to 21. This year the free training is being offered in the Regina Area; in 2020, it will be offered in the Saskatoon area, and in 2021, the Prince Albert area. The project also intends to reach 150 Indigenous teachers, career counsellors, and education directors from Tribal Councils.

Participating students will first complete the Career Safety Education program, followed by Red Cross Online Blended Learning First Aid/CPR-B (Adult, Infant and Child Rescue).

A certificate of completion of the Building Safer Trades program will be provided upon completion of all modules.

Lyle Daniels, inclusion manager – Build Together at Saskatchewan Building Trades, and Amanda LePine, community relations coordinator with the Saskatchewan Safety Council, kicked off an educator’s workshop on August 28, 2019, in Fort Qu’Appelle to introduce the Building Safer Trades project.

RICS elects new Americas Board members

RICS has elected eight new members to join the Americas World Regional Board.

Led by Americas Chair Peter M. Smith FRICS, the regional board sets the strategic direction for RICS in Canada, the U.S., Latin America, Brazil and the Caribbean, and works with other RICS world regions to ensure a global approach to the profession.

The new RICS board includes:

  • Alexandra Faciu MRICS, Executive Director, Asset Management, Cominar REIT, Montreal
  • Cate Agnew FRICS, Head of Valuation, Natixis, New York
  • Charlotte Timms MRICS, Director, Workplace Strategy and Innovation, Colliers International, Chicago
  • Chris Smith MRICS, Senior Director, Cost Consultancy, CBRE, Phoenix
  • Darren Cash MRICS, Cost Management Leader, Turner & Townsend, Toronto
  • Georgia Bergers MRICS, Director, Revenue Enablement, HammerTech, Los Angeles
  • Dr. Robert Herman MRICS, Co-founder & CEO, Rescan, San Francisco
  • Maureen Ehrenberg FRICS, Global Head of Facility Management Services, WeWork, New York

Returning board members include:

  • Eric Allen FRICS, Commissioner of Land Valuations at National Land Agency, Jamaica
  • Mike Davis MRICS, Claims Manager, IHI E&C International, Houston
  • Christopher Turner MRICS, Director of Transaction Services, Denham Wolf Real Estate Services, New York
  • Leigh Miller FRICS, Global Leader, Valuation & Business Modeling Group, EY, New York
  • Marie-Noelle Brisson FRICS, Managing Partner, SONRO Real Estate Services, Dallas
  • Paul Campbell FRICS, Director, Valuation & Customer Relations, MPAC, Toronto
  • Doug Johannson FRICS, Principal, Avison Young, Calgary

“We are incredibly excited to welcome this diverse and accomplished group of new professional members to the board,” Smith said in the press release.

“We look forward to the new perspectives they’ll bring from their varied backgrounds across the built and natural environment and will look to leverage their enthusiasm as we continue to grow the RICS footprint in the Americas.”

Image courtesy of RICS.

Canadian pension funds look to GRESB guidance

Oxford Properties Group and Ivanhoé Cambridge have been benchmarked atop their North American peers in the 2019 GRESB Real Estate Assessment, which this year plotted the environmental, social and governance (ESG) performance of 1,005 companies, funds and REITs worldwide that collectively hold more than 100,000 assets worth in excess of USD $4.1 trillion. Global results released earlier this week identify the two companies — both real estate arms of Canadian pension funds — as regional sector leaders for their private retail and diversified office/retail portfolios.

“Oxford’s participation in GRESB helps us better understand and implement global sustainability best practices across our portfolio. It also helps us demonstrate our sustainability leadership to our customers and partners,” says Darryl Neate, director of sustainability at Oxford Properties.

“Our participation in GRESB over recent years has helped broaden our corporate social responsibility and accelerate the progress of our initiatives,” a statement from Ivanhoé Cambridge concurs. “GRESB is one of the key tools we use to build an in-depth understanding of the performance of our global portfolio of assets.”

That’s done through rigorous reporting and scoring in seven variously weighted categories: management; policy and disclosure; risk and opportunity assessment; environmental monitoring/management; performance indicators, including energy and water consumption and waste diversion; building certifications; and stakeholder engagement.

Sector leaders emerged from strong competitions, as GRESB administrators report just a 6.4-point differential between the highest and lowest scores for the top quintile of participants. This year’s global average score was 72 out of 100, with the North American average edging slightly higher to 72.1. That’s an improvement on both fronts — up from the 2018 global average of 68.4 and the North American average of 70.

Drilling down to performance indicators, greenhouse gas (GHG) emissions dropped last year, but with a lower rate of reduction than in 2018 — and deemed lagging the pace necessary to achieve the Paris Climate Agreement target. Energy consumption also increased by 0.2 per cent in 2019, following three consecutive years of decline. While Canadian participants have traditionally recorded lower energy intensity rates than their contemporaries in the United States, they are significantly outnumbered in the North American region.

A more detailed breakdown of Canadian performance and experiences will be presented in Toronto next week. For now, GRESB administrators are highlighting a 10-year trajectory that has taken ESG reporting into the mainstream of investment decision making and established GRESB as a standardized mechanism for gauging risk exposure and potential gains that flow from a rigorous ESG protocol.

“It’s a story that demonstrates how top-down demand for ESG transparency encourages a bottom-up response from managers that drives the spread of sustainability best practices around the world,” maintains Sander Paul van Tongeren, co-founder and managing director of GRESB.

Condo sales lead record activity in Montreal

Montreal claimed a record month for residential sales this August thanks in large part to a sharp uptick in condo transactions.

According to the Quebec Professional Association of Real Estate Brokers (QPAREB), a total of 3,527 residential sales were concluded within the city during the month, representing a 10% increase over sales numbers in August 2018 and the strongest August on record since the organization began collecting data in 2000.

“The exceptional strength of Montreal’s real estate market in August is consistent with the robust sales results that we’ve been seeing since the start of the year,” said Nathalie Bégin, president of the QPAREB board of directors. “Several outlying areas of the Montreal CMA (Consensus Metropolitan Area) are leading the way in terms of sales, and they’re also registering substantial increases in the median price of residential properties. A rebalancing is taking place in relation to the considerable increases that have been observed on the Island of Montreal since 2018.”

Condomimium sales experienced the biggest leap with a 23% increase in transactions (1,374 sales) compared to the same time last year. Sales for plexes rose 18% (371 transactions) and single family homes remained relatively the same with a 1% increase (1,779 transaction).

When it comes to getting into the Montreal real estate market, QPAREB reports that the average cost of getting into a condo rose by 7% to $279,000 since last August. This is followed by a 4% year-over-year price increase for single-family homes ($345,000 average), and a 3% uptick for plexes ($532,500 average).

As for where homebuyers are placing stakes, the report notes that the North Shore, South, Shore, and Laval areas of the Montreal CMA all experienced significant growth with the Saint-Jean-sur-Richelieu area outperforming all of the sectors with a 20 per cent year-over-year increase in sales.

Complete residential sales stats for the Montreal CMA are available online.

36 Birch revealed for Toronto’s Summerhill district

Toronto developer North Drive has revealed a sneak peek of its new multi-residential project slated for the city’s Summerhill neighbourhood. Called 36 Birch, the project will feature 27, two-storey residences that will, according to North Drive, “Blend the effortless convenience of condominium living with the space and privacy of a townhome.”

“We view Summerhill as the quintessential, established Toronto neighbourhood that has incredible demand, yet few options for buyers,” said Jordan Morassutti, Co-Founder and Partner at North Drive. “We know townhomes suit the stock of the neighbourhood, but we wanted to avoid the narrow feeling of conventional towns and create more open, artfully composed homes.”

Featuring “Garden Townhomes” on the lower level and “Sky Residences” above, 36 Birch’s units will average over 2,500 sq. ft. of space and includes features and layouts common to townhomes. These include front door patios (on the lower level), expansive windows, unobstructed views, a rooftop terrace, and individual outdoor spaces designed by Canadian landscape architecture and urban design firm, Janet Rosenberg & Studio.

“The contemporary gardens, both at-grade and on the rooftop terraces of 36 Birch, are designed to be elegant and sophisticated,” said Janet Rosenberg, Founding Principal of Janet Rosenberg & Studio. “It is all about the urban lifestyle; beautiful and luxurious spaces where you can relax and entertain outdoors with a sense of privacy.”

36 Birch is designed by Toronto architect Richard Wengle Architect Inc. and Interior Design firm Micheal London Design. The goal is to convey a “refined, elegant slant on industrial design” while reflecting the Summerhill district’s existing architecture.

“We really wanted to celebrate the neighbourhood, so the theme for 36 Birch became Industrial-meets-Contemporary,” explained Richard Wengle, principal at Richard Wengle Architect Inc. “Every site we work on dictates the artistic course of the project, and we haven’t imposed a flavour on 36 Birch – we really wanted to take our clues from the surroundings.”

The project is slated to launch in fall 2019 with unit prices beginning at $3,250,000.

Burnaby Hospital set for $1.3B redevelopment

Burnaby Hospital will be undergoing a major $1.3 billion redevelopment. The project is one of B.C.’s largest-ever health care investments.

The project will add two new patient-care towers with new wards and operating rooms, a total of almost 400 beds (the majority in single rooms), a bigger emergency department and a new cancer treatment centre. The last big upgrades at Burnaby Hospital happened more than 40 years ago.

“Burnaby is growing rapidly, and the hospital needs to be upgraded and modernized to keep up. This significant investment will help deliver the health care people in Burnaby need in world-class facilities,” said Premier John Horgan.

The project will start with a new six-storey, 11,858 square-metre, 78-bed, patient-care tower. The tower will include an upgraded mental health and substance use inpatient unit, and a new maternity ward to offer enhanced care for new parents and their families. The tower is expected to open in 2023, with construction starting in 2021.

The redevelopment will also upgrade the support facilities building on campus, creating a larger emergency department, increasing the number of treatment bays from 47 to 62, and adding a new medical device reprocessing unit. It will also add four new operating rooms, bringing the total to nine; as well as 18 new pre-operative and post-operative recovery spaces. These upgrades are expected to be complete by 2024.

The second patient-care tower will have 160 new beds and a state-of-the-art cancer treatment centre. It is expected to open in 2027. Detailed business planning for the tower is underway, with construction expected to begin in 2024.

Report: Canadians weigh in on mortgage fraud

Millennials are more likely to fib on their mortgage applications, while a majority of Canadians believe mortgage fraud is on the rise. These are some of the findings from a survey by Equifax Canada on current perceptions and trends around mortgage fraud.

Mortgage fraud occurs when a homebuyer or one of their real estate partners (e.g., mortgage broker, real estate agent, or lawyer) misrepresents or lies about information to obtain a mortgage that would not have been approved otherwise. Equifax’s survey asked 1500 Canadians from across the country to share their experience with mortgage fraud. Highlights from the report include:

  • 23% of Millennials believe it’s acceptable to inflate their annual income when applying for a mortgage (double the national average).
  • 19% of Millennials surveyed admitted they were not entirely truthful on a credit or loan application, compared to the 12% national average);
  • 53% of all survey respondents believe mortgage fraud is a growing problem;
  • 51% of all surveyed respondents indicated they feel mortgage fraud is more likely to be perpetrated by organized crime.
  • 16%  think mortgage fraud is a victimless crime (a legal offense to which all parties consent and no party is injured).

“It’s concerning that so many younger adults we surveyed believe it’s OK to inflate their income to purchase the home they want,” said Julie Kuzmic, Director of Consumer Advocacy at Equifax Canada. “Fudging income numbers when completing a mortgage application is fraud. It also becomes a slippery slope for these people who may end up stretching themselves too thin.”

“What some may see as a little white lie during the mortgage application process could have legal consequences or become a very hard lesson for people to learn if they cannot keep up with their mortgage payments,” she continued.

The survey also collected feedback on the challenges of purchasing a home in Canada. Notably, it found that 61% of consumers believe foreign investments in real estate are the principal cause for higher home prices; while 78% of consumers surveyed think the federal government should help homebuyers in some way.

Relatedly, nearly half of survey respondents said the government should relax Canada’s mortgage stress test, while 38% said it should be eliminated altogether.

ACI launches Our Future Is Clean campaign

The American Cleaning Institute (ACI) has launched Our Future Is Clean – sustainability campaign that calls for a reduction of the cleaning industry’s environmental footprint and is aimed at increasing transparency to help consumers feel confident in the cleaning products they buy.

The campaign is in support of ACI’s new strategy outlined in the 2019 Sustainability Report.

“With our wide membership and their vast consumer base, ACI is ideally positioned to unite members around a shared sustainability vision. Together, we are taking the courageous steps needed to help shape our planet for decades, maybe centuries to come,” said ACI CEO Melissa Hockstad in the press release.

ACI continues to encourage member companies to step up their climate work to reduce emissions and impacts across the supply chain.

In 2018, 54 per cent members published their previous year’s GHG emissions through some form of public report or reporting system. Forty-four percent have set targets to reduce GHG emissions, improve energy efficiency or increase the use of renewable energy, while 18 companies have taken further steps to align commitments within science-based limits or are seeking to power their operations from 100 percent renewable sources.

The sustainability campaign will launch during National Cleaning Week, March 22 through March 28, 2020.

For further details on the sustainability strategy and goals, please find the 2019 Sustainability Report here.

Comment: The cost of experts

There is an adage that says, “The only thing more expensive than a professional is an amateur,” and nowhere is this truer than in a condominium setting. Every dollar spent on repairs, consulting, and legal advice comes out of the owners’ collective pockets and we are all trying to keep the cost of living manageable.

The increasing willingness of boards to try and have people that are not industry experts complete tasks is understandable, but misguided. Having non-expert people completing tasks is certainly cheaper at the onset, but history has a way of pointing out mistakes. It is often more expensive to have an expert come back after paying an amateur to clean up a “mess.”

Recently, violations of the fire code have become the norm. After hiring approximately 300 inspectors, who often can’t agree on the interpretation of the fire code, the fire department in Toronto is on a hunt for non-compliant buildings and properties. Once again, if history is any indication, surrounding municipalities will soon follow suit. Once this happens, condominiums across the province will be facing the same violation problems.

It’s easy to say the manager or the super or groundskeeper should correct all violations to the code; however, these people are not qualified. Nowhere in the licensing requirements of condominium managers is there any reference to being a fire code specialist, let alone supers or groundskeepers. And in the end, do you really want someone without proper credentials playing around with life safety systems?

With proper budgeting and a long term focus on the operations of a condominium, the board of directors can factor in the required expenses and ensure peace of mind when it comes to life safety systems.

Murray Johnson is an organizing committee member for The Condo Conference. For more information regarding The Condo Conference, visit condoconference.ca.

Canadian Coalition for Green Health Care appoints executive director

Neil Ritchie has been appointed to the position of executive director of the Canadian Coalition for Green Health Care. Ritchie succeeds Linda Varangu, the founding executive director who will stay on to work on the coalition’s climate change portfolio.

“I’m delighted to work with a group of people that are so passionate about their work and who have accomplished so much to reduce health care’s carbon footprint”, Ritchie said in the coalition’s press release.

Ritchie has led the Green Health Leaders Initiative for the coalition which focused on enabling health executives, physician leaders and board members to become better environmental stewards.

Ritchie is an experienced health care executive who has worked with large, multi-site academic teaching centres, regional health authorities and community hospitals in Canada. He has also worked as an executive with a number of health technology start-up companies.

Neil Ritchie holds a bachelor of science degree from Dalhousie University and a master’s in health services administration from the University of Alberta.

Poliform opens Vancouver flagship showroom

Italian contemporary furniture brand Poliform has opened its Vancouver flagship store. The expansive 5,000 square foot two-level mono-brand showroom and concept store at 779 West Pender offers greater brand access and resources to designers, architects, builders, developers and homeowners in the area than ever before.

Following the global retail concept of the ‘Poliform home’, Poliform Vancouver is designed to inspire. The showroom is designed to feel like a real home where visitors can experience the Poliform lifestyle, all within the comfort of an intimate and private atmosphere.

As visitors move through the space, they will discover rooms dedicated to all aspects of living, entirely furnished and styled with Poliform systems and furniture collections.

The showroom features furniture, kitchens, and walk-inclosets outfitted with a variety of materials and accessories, allowing visitors to experience first-hand the functional and aesthetic possibilities within each category.