Industry News
Madison Pacific acquires 12 industrial properties
Madison Pacific Properties Inc. has acquired 12 office/industrial properties located across Canada from Argo Ventures Inc.
CaGBC launches online LEED project database
The Canada Green Building Council (CaGBC) recently launched an online LEED project profiles database in honour of World Green Building Week.
Toronto updates green standards
The City of Toronto has updated its Toronto Green Standard to include higher energy conservation targets for new buildings.
New ASHRAE commissioning process standard
ASHRAE/IES has a new standard that focuses on the commissioning process. The ANSI/ASHRAE/IES Standard 202 identifies the minimum acceptable commissioning process for buildings and systems.
B.C. retail properties win 2013 ICSC Awards
Three retail properties in B.C. were recently recognized with 2013 ICSC Canadian Shopping Centre Awards for their innovative design and development.
Last panel removed from old Sears building
The final white exterior panel of the old Sears building at Vancouver's Pacific Centre shopping mall has been removed to make way for Nordstrom.
REMI Network nominated for publishing award
The REMI Network has been honoured with a finalist nomination in the 2013 Canadian Online Publishing Awards (COPAs) for best overall online-only publication website.
B.C. commercial real estate still in demand
Demand for commercial real estate in B.C. rose to near record levels in the first half of 2013, according to Avison Young.
Ares and CPPIB acquire Neiman Marcus
Ares Management LLC and the Canada Pension Plan Investment Board (CPPIB) have purchased Neiman Marcus Group for $6 billion.
Value of building permits up almost 21 per cent
The value of building permits continued to rise in July, up 20.7 per cent from June, says a report from Statistics Canada.
Pure Industrial acquires Edmonton properties
Pure Industrial Real Estate Trust has acquired two industrial properties in northwest Edmonton.
Mississauga towers named best new skyscrapers
A residential condominium twin tower complex in Mississauga, Ont., has been named the world's best new skyscrapers.
Oxford first in sustainability performance
Oxford Properties Group has earned the number one spot in the Global Real Estate Sustainability Benchmark (GRESB) survey as the North American regional sector leader in the diversified office and retail category.
Pickering GO station certified LEED gold
GO Transit’s Pickering station has attained LEED gold certification in the category of New Construction and Major Renovations.
Marine Gateway to become a hub for green jobs
Westport Innovations has signed on as the anchor tenant in Vancouver’s largest transit-oriented office tower outside of downtown, making the building a hub for green jobs.
CAPREIT acquires 10 multi-residential buildings
CAPREIT has purchased a portfolio of 10 multi-residential buildings totalling 770 suites and 52,000 square feet of fully-leased commercial space in British Columbia, Toronto and Montreal.
Bentall Kennedy acquires Capilano Business Park
Bentall Kennedy (Canada) LP has purchased the Capilano Business Park in North Vancouver from Triovest Realty Advisors Inc. for $70 million.
