Industry News


Fewer buyers desire move-in-ready home

Affordability was the most important necessity for the majority of home buyers this year, according to CMHC's annual Mortgage Consumer Survey.
obscure rental housing statute

Ontario to scrap obscure rental housing statute

The Residential Complex Sales Representation Act is among dozens of statutes and regulations tagged for revision or outright repeal in proposed omnibus legislation introduced in late October.
Housing Vancouver

Housing Vancouver reports need for stronger rental focus

The Housing Vancouver Q3 update shows that purpose-built rental approvals are currently below the 10-year target set by the City of Vancouver.
multi-suite rental sales

Continuum REIT sells GTA high-rise portfolio to Starlight

Continuum REIT, an affiliate of Q Management LP, announced that it has sold Starlight Investments its GTA multi-residential portfolio for a gross purchase price of $1.732 billion.
Condominium Property Regulation

Alberta to review Condominium Property Regulation

The Alberta government has prioritized funds to review what it considers "ongoing dysfunction" in the province’s real estate industry.

BentallGreenOak acquires Montreal rental complex

On behalf of Sun Life Assurance Company of Canada, BentallGreenOak announced it has acquired Appartements-Boutique, a purpose-built rental complex in Montréal.
Alberta revenue boost

New fees and taxes spell Alberta revenue boost

New budget announces plans to double various land title fees, apply the 4 per cent tourism levy on online short-term rental transactions and bring all public sector pension fund investment management back under AIMCo's purview.
Starlight investments

Starlight announces several new acquisitions throughout October

Throughout the month of October, Starlight Investments announced several apartment acquisitions, as well as plans for new developments.
clean capitalism

Clean capitalism delivers added client value

Anna Murray, Ailey Roberts and Puninda Thind of BentallGreenOak's sustainability team have been named to the Canada Clean50 for 2020.
Kingsett 700 Bay

PCL tops off Kingsett’s 700 Bay St. rental tower

On October 24, 2019 representatives from KingSett Capital and PCL Construction gathered to celebrate completion of 700 Bay’s concrete structure.
unsolicited infrastructure bids

Ontario creates web portal for unsolicited infrastructure bids

The private sector can now share their expertise on public infrastructure needs through unsolicited bids submitted online to the Ontario government.
Greystone Village, Ottawa

New mixed-use rental buildings coming to Ottawa

Regional Group of Companies and Fengate Asset Management are pleased to announce they are jointly developing two new rental buildings at Greystone Village in Ottawa.
rental rates

Ontario rental rates highest in Canada

As the federal election inches closer, Canada's skyrocketing rental rates continue to be a hot button issue, with recent data from underscoring the need for more balance.
affordable rental housing

EU also feels affordable rental housing pinch

Supply and demand trends in 18 European markets may resonate with Canadian landlords and apartment hunters, as analysts conclude "the lack of rental properties on offer is only aggravating the situation".
Barron building

Built Green Canada launches HD Renovation Program pilot

Built Green Canada announced it has launched the High Density Renovation Program pilot with four projects underway, courtesy of Strategic Group’s office-to-residential repurposing projects in Calgary and Edmonton.
multifamily assets

Multifamily assets round out Canadian GRESB data

Among global regions, Australia/New Zealand once again attained this year's top average score, but reports no asset-level energy intensity or building certification data for multifamily properties.
RioCan ePlace

RioCan completes acquisition of ePlace apartments in Toronto

RioCan has completed its acquisition of the apartment and retail components at ePlace, a large mixed-use development located at the northeast corner of Yonge and