Industry News
Cadillac Fairview opens high-end office in B.C.
Cadillac Fairview has officially opened its new AAA class office space in the heart of Vancouver as Sony Pictures Imageworks is set to occupy the
Seven new retailers join Toronto’s Canary District
Seven new retailers are set to inhabit The Canary District in Toronto, a community built for CIBC Athletes Village at the 2015 Pan Am/Parapan Games.
Alberta invests in municipal flood mitigation
Grants have been awarded to 21 projects in 16 municipalities across Alberta to support the development of long-term resilience to flood and drought events. The
Hilton Garden Inn Montreal Airport is sold
The parent company of Shelter Canadian Properties Limited has bought Montreal’s Hilton Garden Inn Montreal Airport for $15 million. The 159-room hotel, which opened in
Canada’s first 2030 District launches in Toronto
In response to climate change, a public-private, building sector-related coalition has launched Canada’s first 2030 District to help reduce energy, water and transportation carbon emissions
Quebec commits funds for sprinkler retrofits
The 2015-16 Quebec budget earmarks $70.6 million over the next five years to underwrite sprinkler retrofits in more than 1,300 privately owned seniors’ residences. This
Europe’s tallest skyscraper to rise in Switzerland
A small alpine village in Vals, Switzerland, may soon be home to Europe’s tallest skyscraper. California-based Morphosis Architects has released designs of a slim 1,250-foot-tall
Avison Young opens third office in Germany
Avison Young is opening a third office in Germany, not long after launching its German operations in Frankfurt on December 1, 2014 and its new
Strategic Group acquires B.C.’s Duncan Centre
Strategic Group has acquired a 27.9-acre retail-focused property on Vancouver Island, 50 kilometres north of Victoria, British Columbia. The Duncan area purchase includes Duncan Centre,
Plaza Retail REIT announces nine projects
Plaza Retail REIT is investing about $18.2 million in nine retail projects across Canada including four ground-up developments, three redevelopments of former KEYreit properties and
Allied Properties buys downtown T.O. building
Allied Properties has purchased an old paper box manufacturing facility in downtown Toronto for $8.25 million, with plans for redevelopment. The 36,173-square-foot property, with two
Jack Layton Ferry Terminal designs on display
Five design proposals for the Jack Layton Ferry Terminal and Harbour Square Park in Toronto will be on public display at Toronto City Hall from
FAM REIT now known as Slate Office REIT
FAM Real Estate Investment Trust is now known as Slate Office REIT, more than five months since assuming new management under Slate Asset Management. Slate
OAA awards honour best in architectural design
The Ontario Association of Architects (OAA) handed out its 2015 Design Excellence Awards to emerging and established Ontario architects who designed Canadian and international projects.
First purpose-built data centre to rise in Montreal
The first purpose-built, next-generation data centre in Montreal is now under construction, scheduled for occupancy by the end of 2015. The Fonds immobilier de solidarité
Six Cadillac Fairview towers earn LEED status
Six Cadillac Fairview office towers in Vancouver, B.C. have received LEED certification, including five at the Gold level. “Our tenants want greener, more cost effective
Asia leads commercial investments in Canada
Increasing international investments in Canadian commercial real estate primarily stem from Asian companies interested in metropolitan areas with populations topping more than 1 million. According



