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Holt Renfrew plans major flagship store upgrades

Holt Renfrew is planning to significantly expand its flagship store in Vancouver, adding about 40,000 square feet and new luxury retailing concepts.

Scarborough Town Centre hits sales milestone

Scarborough Town Centre (STC) recently hit the $700 in sales per-square-foot mark, positioning the mall as a top retail performer in the GTA.

Canada’s 1st centennial building to be honoured

The Confederation Centre of the Arts in P.E.I., has received the 2015 Prix du XXe siècle for its contribution to national heritage.

Retail and industrial assets top Q1 sales: report

GTA Commercial Real Estate Investment Review Q1 report states, office, retail, industrial and multi-residential property sales dipped 27 per cent.

Allied Properties to buy more King West property

Allied Properties is set to purchase three Class 1 buildings on King West property in Toronto for $100 million.

Hamilton facility wins top AIA green award

The American Institute of Architects (AIA) has named a Diamond Schmitt Architects’ building as one of the top ten green projects of 2015.

Temporary tax cuts to promote utility mergers

The 2015 Ontario budget lowers the tax penalty on the sale of local distribution companies for a three-year period beginning in 2016.

Co-ops freed to seek lower interest rates

Federal budget promises to scrap prepayment penalties on selected long-term CMHC mortgages.

GTA office market vacancy ‘poised to climb’

Despite the GTA office market ending 2014 on a healthy note, results from Avison Young’s Q1 report on the market show 2015 hasn’t started out as well.

Calloway to buy SmartCentres in $1.16-bill deal

Calloway REIT (Calloway) is set to acquire SmartCentres and become a fully integrated real estate development company called SmartREIT in a transaction valued at $1.16 billion.

GTA school named earth’s greenest for 2015

After capturing the Canadian title in 2014, Dunbarton High School in Pickering, Ontario, has been named the greenest school on earth for 2015.

Brookfield to build $2.1 billion skyscraper in NYC

Brookfield Property Partners (Brookfield) will soon begin construction on a $2.1- billion office skyscraper in New York’s Manhattan West neighbourhood. One Manhattan West will rise

Ivanhoé Cambridge invests in Australian market

Ivanhoé Cambridge has made its first direct purchase in Australia’s office market with a 25 per cent interest in Sydney’s Liberty Place. The core office tower

CBRE advises the sale of two well-located hotels

CBRE has announced the sale of two well-located hotels, one in Halifax and one in Toronto. On behalf of Banc Group of Properties, CBRE advised

Colliers sells two Toronto-based Radisson hotels

Colliers International Hotels recently announced the sale of two Toronto-based Radisson hotels. The 216-suite Radisson Suite Hotel Toronto Airport on Dixon Road, sold on behalf

PIRET sells four Ontario-based properties

Pure Industrial Real Estate Trust (PIRET) has finalized the sale of four Ontario-based industrial properties for $11.1 million. Based on estimated market rents for each

Studio Bell new home for National Music Centre

The National Music Centre (NMC) will soon be called Studio Bell in its new home currently under construction in Calgary’s East Village. A twelve-year, $10-million