Industry News

19 Duncan

Allied and Westbank announce plans for 19 Duncan

Allied Properties REIT and Westbank announced plans to proceed with the development of 19 Duncan Street, a mixed-use development in Toronto.
residential tenancy laws

B.C. Privacy Commissioner launches investigation

Acting Information and Privacy Commissioner Drew McArthur is investigating whether landlords in British Columbia are asking prospective tenants for too much personal information.
TRU Kelson Group The Reach

TRU selects developer Kelson Group for The Reach

Thompson Rivers University (TRU) Community Trust has selected Kelson Group for the Trust's 90-acre master-planned development called The Reach.
Solar Uniquartier

Phase 1 of Quebec’s biggest mixed-use development breaks ground

Devimco Immobilier recently broke ground on Phase 1 of Solar Uniquartier, a development that is being touted as Quebec’s biggest mixed-use real estate project.
home sales

Ontario unlocking surplus land to create affordable housing

As part of its Fair Housing Plan, the government of Ontario announced it will be unlocking surplus provincial land to create more than 2,000 new rental housing units in Toronto.

Skyline sells $173M in assets to Q Management LP

Skyline Apartment REIT announced that it has sold $173M in multi-residential real estate assets to Toronto-based Q Management LP. The sale consisted of nine properties and 1,036 apartment units located primarily in the city of Hamilton.

Mixed-use plans for iconic newspaper building

The Times Colonist Building in Victoria, B.C. will be restored and renovated into an urban campus-style mixed-use environment.
zoning bylaws

Edmonton Zoning Bylaw changes to increase neighbourhood communication

Edmonton City Council has approved Zoning Bylaw changes to help increase awareness of upcoming residential construction in established neighbourhoods.
investment transactions

Land tops Vancouver Q2 investment transactions

Vancouver's three largest investment transactions for the spring of 2017 surpassed an entire quarter's worth of activity in Calgary.
apartment transaction

InterRent expands portfolio in Montreal and Hamilton

InterRent Real Estate Investment Trust announced that it has entered into an unconditional agreement to acquire two neighbouring high-rise apartments located in Montreal, Quebec.
evicting tenants

Ontario introduces stricter rules for evicting tenants

The government of Ontario announced it will be "curbing abuse of unlawful evictions" by imposing stricter rules on landlords for evicting tenants, beginning September 1, 2017.
UK combustibility tests

Cladding falls short in UK combustibility tests

Investigative analysts with the United Kingdom's Building Research Establishment (BRE) report that four of seven tested wall cladding systems did not meet performance criteria set out in guidance documents for building regulations.

Toronto-based Emma Capital expands into Florida

Emma Capital Investments Inc. announced it has purchased a 408-unit apartment community in Orlando for a purchase price of $US 47,000,000. This is Emma Capital's first investment in Florida and its 22nd acquisition in the U.S.

Baltimore apartment welcomes first refrigerated lockers

A 183-unit luxury apartment community in Baltimore, Maryland, is the first of its kind to offer residents refrigerated lockers
net-zero energy

Building and energy leaders urge shift to net-zero energy

Leading building and energy professionals are pressing for action on net-zero energy ready construction and more green jobs.

Survey finds majority opposes home-sharing services ban

With short-term rental rules on the horizon, a group is touting the survey finding that a majority of Canadians oppose a ban on home-sharing services.
Brampton property

Brampton property sells with record-low cap rate

Colliers Multifamily Advisory Group announced it has brokered the sale of a seven-storey Brampton property to Starlight Investments for a record-setting price.