Industry News

vacancy rates

Vancouver vacancy rates heading to historic lows

Vacancy rates in downtown Vancouver have dropped substantially over the past 12 months with demand expected to drive rates to historic lows.
high-tech community

Google spinoff to build high-tech community in T.O.

Sidewalk Labs is teaming up with Waterfront Toronto to transform 800 acres of Toronto's eastern waterfront into a global, high-tech neighbourhood
Canadian GRESB participants

Canadian GRESB participants close gap to leaders

Eighteen Canadian real estate organizations undertook the rigorous reporting exercise, which plots portfolio-wide ESG (environmental, social, governance) intent, practices and outcomes, and collectively achieved an average score of 70 out of a possible 100 points.
IREE certification

IREE certification for retrofits coming to Canada

CaGBC, GBCI and the Advanced Energy Centre are working together to bring the Investor Confidence Project and its IREE certification to Canada.
Bayview Village Shopping Centre

Canada’s Best Restroom is crowned

Bayview Village Shopping Centre in Toronto is the winner of Canada's Best Restroom Award.
Vancouver Centre II

Construction begins on Vancouver Centre II

Vancouver Centre II, the next phase of the Vancouver Centre complex, will be in the heart of the city's growing tech hub.
asbestos in the workplace

E-course helps manage asbestos in the workplace

The Canadian Centre for Occupational Health and Safety launched an e-course to help recognize, assess and manage asbestos-related risks in the workplace.
climate change

Slow progress to achieve B.C. climate change goals

A report by the Real Estate Foundation of BC finds little progress has been made towards climate change goals as set out in the BC Climate Action Charter.

QuadReal Property Group expands executive team

QuadReal Property Group has added three new senior appointments to its eight-member executive team to help drive corporate and investment strategy.
Nova Centre

Nova Centre to get major connectivity boost

When the Nova Centre development in downtown Halifax is complete, it will supposedly be one of the most technologically connected commercial hubs in Atlantic Canada.
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.

CaGBC report recommends national retrofit strategy

A CaGBC report suggests provincially-specific retrofit pathways that include recommissioning, deep retrofits, renewable energy and fuel switching actions.
Gateway Casinos

Gateway Casinos to build new casino in Delta

Gateway Casinos & Entertainment has announced plans to build a premier casino and entertainment property in Delta, featuring a mix of amenities.

Vancouver’s first commercial condo for luxury autos

Hungerford Properties is launching Trove, Vancouver’s first luxury automotive condominiums in a purpose-built, two storey building.
Constitution Square

Ottawa’s Constitution Square sold in joint venture

Greystone, Canderel and Canstone Realty Advisors have bought Constitution Square, one of the largest office complexes in downtown Ottawa.

Menkes launches Healthy Spaces wellbeing program

Menkes has launched a three-year wellbeing program called Healthy Spaces across its portfolio of commercial buildings in the Greater Toronto Area.
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.