Industry News

Argus Corporate Centre

Morguard buys Oakville’s Argus Corporate Centre

Morguard Corporation has purchased the Argus Corporate Centre for $18.5 million.
CF Sherway Gardens

CF Sherway Gardens completes $550-mil redevelopment

The new south wing at CF Sherway Gardens is now complete, topping off a $550 million redevelopment and expansion of the mall, which began in 2013.
JLL Canada Adam Kilburn

JLL Canada appoints Adam Kilburn as senior VP

JLL Canada has appointed Adam D. Kilburn as senior vice president to lead its Capital Markets platform in Edmonton.
investment

Strong projections for CRE investment in Canada

The Canadian commercial real estate investment market is expected to remain strong despite rising interest rates.
CF Shops at Don Mills

CF Shops at Don Mills completes $21-mil redevelopment

A major revitalization of CF Shops at Don Mills in Toronto is now complete.
Winnipeg office and industrial markets

Winnipeg office and industrial markets chug on

Vacancy rates in both sectors are below the national average, while rents neither outshine nor dramatically trail those commanded in other major Canadian centres.
data centre demand

Montreal and Toronto court data centre demand

Market analysts attribute Montreal's healthy status to low electricity rates and the arrival of "big-name" cloud providers.
Canadian developments ULI

Two Canadian developments selected as ULI finalists

Two Canadian developments have been selected as finalists for the Urban Land Institute’s (ULI) 2017 Global Awards for Excellence.
Legionellosis

ASHRAE seeks feedback to reduce Legionellosis in building systems

ASHRAE is seeking public comment on a new guideline to minimize the risk of Legionellosis found in building water systems.
Allied

Allied to acquire half interest in Westbank Vancouver office project

Allied is acquiring a 50 per cent interest in a Westbank office project in Vancouver.
smart buildings

Federal government advances Smart Buildings initiative

Public Services and Procurement Canada (PSPC) is now implementing the Smart Buildings initiative in up to 100 buildings across Canada.
Toronto and Vancouver

Toronto and Vancouver outperform market pack

Second quarter stats reveal a widening gap between Canada's prospering and struggling office markets, while investors continue to focus on downtown Class A properties.
Maritime Centre

Halifax tech hub expands office in Maritime Centre

Slate Office REIT has completed a 60,000 square foot lease for tech hub Volta Labs in the Maritime Centre in downtown Halifax.
Netherlands

Dream Global chooses Netherlands to bolster European presence

Dream Global REIT has entered into a sale and purchase agreement for a portfolio of 135 office and light industrial properties in the Netherlands.
mixed use

Crombie acquires mixed use site in Toronto

Crombie Real Estate Investment Trust (Crombie) has purchased a 4.5-acre mixed use site for $42 million.
Ikea new distribution centre

IKEA to open new Richmond distribution centre

A 330,540-square-foot warehouse in the East Richmond Business Park will soon be home to IKEA’s new western Canada distribution centre.
green roofs

Toronto installs most green roofs in 2016

Toronto installed the most green roofs in 2016, followed by Chicago, Washington D.C., and Seattle.