Industry News

Oxford

Oxford to build first multi-level industrial building

Oxford Properties Group has unveiled its plans to develop Canada's first large bay multi-level industrial property in Burnaby's Riverbend Business Park.
LEED v4 milestone

LEED v4 hits 1,000 Canadian project milestone

The Canada Green Building Council (CaGBC) is celebrating a new milestone as Canadian LEED v4 project registrations surpass the 1,000 mark.
repurposing

Department store repurposing nets Urban Design Award

The City of London lauded the designers behind the Kingsmill’s Department Store transformation in London, Ontario.
co-working

Co-working to see higher demand in Halifax

A recent CBRE forecast for Atlantic Canada’s commercial real estate industry predicts an increasing need for flexible space.
Stovel Block

Stovel Block in Edmonton designated historical resource

The Stovel Block, an Edwardian-style commercial building in The Quarters neighbourhood of downtown Edmonton, is currently undergoing a restoration.
Rain City Strategy

Vancouver adopts new Rain City Strategy

Vancouver recently approved an ambitious green rainwater infrastructure initiative called the Rain City Strategy.
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.
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.
wellbeing

Gen Z wellbeing suffering in Canadian offices

Canadian employers in the corporate office sector are not doing enough to support wellbeing among young people entering the workforce.
Buckingham Sports

Buckingham Sports acquires Pierrefonds Sportplex

The company is one of the largest operators of arenas in Canada.
Ace Hotel Toronto

Ace Hotel announces Canadian debut

Ace Hotel Toronto is slated to open in 2020.
performing arts

U of Guelph breaks ground on performing arts facilities

The project is expected to be completed in Spring 2021.
B+H lease

B+H Architects signs lease for new office space

B+H Architects has signed a lease with Menkes Develops and TD Greystone Asset Management for 23,008 square feet of office space at 320 Bay Street.
office properties

True North Commercial acquires two office properties

The aggregate purchase price of the two office properties is approximately $190.5 million.
Avison Young GTA office market

GTA office market reflects summer lull: report

Avison Young GTA Office Market Report (Q3 2019) highlights include an uptick in sublease space, office space at the lower levels of residential developments.
Partners

Partners Real Estate Investment Trust to go private

Following the completion of the transaction, the REIT intends to apply to be de-listed from the TSX and to cease to be a reporting issuer in all provinces and territories of Canada.
cbre-edmonton-4small-1

CBRE office first in Alberta to be WELL certified

CBRE’s new Edmonton office is the first in Alberta to achieve WELL Certification at the Silver level for New and Existing Interiors.