Industry News
Vancouver’s Bentall Tower IV earns LEED Gold
A 35-storey Class A building, part of the Bentall Centre office complex in Vancouver, has earned LEED Gold certification from the Canada Green Building Council.
La Coop federee now sole owner of Groupe BMR
Groupe BMR is now a wholly owned subsidiary of the agricultural and agri-food cooperative La Coop federee. Looking to build on the retail sector, particularly
Innovation Centre planned for T.O. waterfront
Waterfront Toronto and Menkes Developments unveiled plans for a new, commercial innovation centre that will bring 2,000 employees to Toronto’s waterfront and create high-paying jobs
Oxford Properties buys second Paris office tower
Oxford Properties Group has acquired its second Paris office building, a 235,000-square-foot tower at 92 Avenue de France in the Rive-Gauche submarket. This purchase quickly
Marriot to buy Delta Hotels and Resorts brand
Marriot International is set to become Canada’s largest full service hotel company with the impending purchase of the Delta Hotels and Resorts brand from British
Quebec City’s Place Ste-Foy plans for big revamp
Ivanhoé Cambridge is investing more than $50 million in Quebec City-based shopping centre, Place Ste-Foy. In the first phase of redevelopment, the money will fund
GWL Realty Advisors acquires T.O. office tower
On behalf of an investor client, GWL Realty Advisors has expanded its portfolio with the acquisition of a well-located Class A office building in Toronto’s
Hopewell buys ‘coveted’ 78-acre Edmonton site
Calgary-based Hopewell Development Corporation has purchased an exclusive 78.8-acre industrial site in southeast Edmonton for $31 million. The commercial developer bought 4510-17 Street, located at
Artis receives LEED status at eight properties
Artis Real Estate Investment Trust has received LEED certification at seven of its office properties across Canada and one in the United States. Four properties
Interest rate cut should benefit real estate
Real estate is positioned prominently among industries likely to benefit from the Bank of Canada’s interest rate cut announced with today’s release of the quarterly
National commercial energy use survey to begin
Statistics Canada will soon collect data for the Survey of Commercial and Institutional Energy Use 2015 on behalf of Natural Resources Canada (NRC). The national
RioCan closes on BMO portfolio, retail centres
RioCan has finalized the purchase of 18 Bank of Montreal (BMO) branch locations, along with three shopping centres. The BMO branches, acquired for $49.4 million,
Ivanhoé Cambridge buys iconic NYC property
Ivanhoé Cambridge, along with partner Callahan Capital Properties, has purchased one of the most prominent office buildings in New York City for US$2.2 billion. Three
Canada ties fourth for tallest new buildings
Three buildings in Toronto were among the world’s tallest new structures of 2014, pushing Canada to the top of a global list recently compiled by
Gupta Group buys T.O. site for mixed-use project
The Gupta Group/Easton Group has purchased a 3.2-acre parking lot located in Toronto at York Mills Road and Yonge Street, with plans to transform the
Ivanhoe Cambridge properties earn LEED Silver
Place Ville Marie and the World Trade Centre Montréal, two properties owned by Ivanhoe Cambridge, have both earned LEED Silver certification. Claude Sirois, co-chief operating officer and executive
Jennifer Keesmaat picks T.O. City Resolve winner
One Torontonian has won a chance to sip coffee and talk livable cities with Jennifer Keesmaat, chief planner for the City of Toronto. The Urban




