Industry News
Construction begins on new Niagara retail centre
Construction has begun on the site of the Outlet Collection at Niagara, a new outlet shopping centre in Niagara-on-the-Lake, Ont.
Toronto office market slows
Canada's largest office market cooled slightly in the opening quarter ...
Hotel market predicted to perform stongly
The Canadian hotel transaction market continued its momentum in 2012, with $1.2 billion in sales registered for the year. According to Colliers International’s 2013 Canadian Hotel Investment Report, this surpassed 2011’s $1.1 billion, translating into the fifth strongest year for the hotel market since ...
Pure Industrial to acquire properties in Calgary
Pure Industrial Real Estate Trust has entered into agreements to acquire two single-tenant and two multi-tenant industrial properties in Calgary, for a total purchase price of $72 million.
First building in Quebec to earn LEED platinum
The Canada Green Building Council has awarded the Maison du développement durable – or Centre for Sustainable Development – a LEED (Leadership in Energy and Environmental Design) platinum certification, making it the first new construction project in Quebec to achieve the rating system's highest possible distinction.
BOMA BC elects new board of directors
The Building Owners and Managers Association of British Columbia (BOMA BC) has a newly elected board of directors.
UBC deploys ‘smart grid’ energy storage system
The University of British Columbia (UBC) recently unveiled a new energy storage system, or prototype 'smart grid.'
Quality projects take centre stage at BILD Awards
The building and development industry celebrated the best in design, construction, sales and marketing at the 33rd annual BILD Awards.
Eighth Avenue Place certified LEED platinum
Calgary's Eighth Avenue Place has been awarded LEED (Leadership in Energy and Environmental Design) platinum Core and Shell (CS) certification under the U.S. Green Building Council's LEED rating system.
Fairmont expands sustainability efforts
More than two decades after Fairmont Hotels & Resorts led the foray into environmental stewardship with the launch of its Green Partnership program, the luxury hotel brand has introduced the Fairmont Sustainability Partnership.
Crestpoint acquires three significant properties
Crestpoint Real Estate Investments Ltd. has marked the completion of its second year of operation by announcing three ...
Commercial sector poised for strong year
Canada's commercial real estate sector and REIT investment market appear set to outperform for a fifth straight year ...
Construction begins at Montreal’s Deloitte Tower
The Cadillac Fairview Corp. Ltd. recently held a groundbreaking ceremony for Deloitte Tower – Montreal's first new privately owned and financed commercial office tower to be built in more than 20 years.
Ivanhoe Cambridge joins partnership
Ivanhoe Cambridge has joined a partnership of the real estate principal investment area of Goldman, Sachs & Co., Greystar Real Estate Partners and other partners in a portfolio of 27 high-quality multi-residential properties ...
Allied Properties finalizes lease arrangement
Allied Properties REIT has finalized a lease arrangement with Pied Carre for 208,424 square feet of gross leasable area at 5445-5455 de Gaspe, Montreal.
Oxford Properties cuts energy consumption
Energy consumption across Oxford Properties Group's Toronto office building portfolio has been driven down by a dramatic 11 per cent since 2010, a target reached almost two years ahead of schedule.
RioCan completes acquisition of two GTA malls
RioCan Real Estate Investment Trust (REIT) has completed the purchase of a 50 per cent interest in Burlington Mall in Burlington, Ont., and a 100 per cent interest in Oakville Place in Oakville, Ont., from Primaris Retail REIT.
