The 2020 winners are Yorkdale Shopping Centre, Manulife Investment Management, and Rogers Place.
OverActive Media and design firm Populous are building the first new sports or entertainment venue in Toronto since BMO Field in 2007. Plans also include a hotel complex.
Transit-oriented development can be a blessing and a curse for communities, suggests a new UBC study.
Cap rates trended upwards for downtown office, hotels and most retail categories during the fourth quarter of 2020, while compressing further for industrial and low-rise multifamily properties.
A mix of residential and commercial space will take shape in a 19th-century heritage building designed by former Toronto mayor Joseph Sheard.
Proceeds from this and future green offerings will be applied to financing or refinancing four categories of assets to be known as eligible green projects.
Manulife Investment Management is the first Canadian real estate landlord to achieve GBAC STAR accreditation, for 7 of its Montreal properties.
Relief helps to offset a year when RevPAR plummeted by 60 per cent relative to 2019 and the 12-monrh average hotel occupancy rate barely nudged above 33 per cent.
Brookfield Infrastructure is selling 100 per cent of Enwave, its North American district energy enterprise that includes the deep lake water cooling network in Toronto.
Loans of $25,000 to $1 million will be available through the Highly Affected Sectors Credit Availability Program (HASCAP), fully guaranteed by the Business Development Bank of Canada.
The Building Owners and Managers Association BC (BOMA BC) has officially launched the Greater Victoria 2030 District, the second in Canada.
The deal will bring M7 Real Estate’s portfolio of €4 billion (CAD $6.16 billion) in assets under management across 14 countries to Oxford Properties' platform.
As of December 2020, Turner, Drake and Partners Ltd. pegs the vacancy rate at 14 per cent across 12.2 million square feet of office space in eight submarkets.
A surging second wave of COVID-19 tempered investment confidence in commercial real estate during the fourth quarter of 2020.
Prominent commercial landlords are offering free space to accommodate COVID-19 vaccination clinics and related support services in malls, conference centres, office buildings and other well-located sites throughout Canada.
The new option aligns with the Ontario government’s objective to provide digital alternatives for paper-based administrative processes.
New owners of the 4.5-acre Mississauga YMCA site are promising future redevelopment that will make a statement in the city’s skyline.