Canadian Property Management - Industry News
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Industry News

Crestpoint purchases stake in Calgary industrial portfolio

The portfolio is comprised of 14 Class A properties located within two industrial parks.

Summit buys two industrial properties in Guelph

The REIT is also acquiring a 50 per cent interest in 49 acres of development land for $13.8 million.

Choice Properties selling $426M portfolio

The transaction is scheduled to close on September 30, 2019.

Sun Life Building receives LEED Platinum

CaGBC has awarded LEED Platinum certification (Existing Building) to the Sun Life Building, the highest level of recognition for LEED Green Buildings.

Quebec’s HFC prohibition dates called untimely

Proposed revisions to Quebec's halocarbon regulation could sideline some commonly used refrigerants before alternatives with lower global warming potential can feasibly be in place.

Upper Skeena Recreation Centre officially opens

The Upper Skeena Recreation Centre in Hazelton, B.C. officially opened on September 14, 2019. The centre is also known as the Heart of the Hazeltons.

PROREIT completes $49.3-mill acquisition

The purchase includes six properties - five light industrial buildings in Halifax and one boutique office tower in Ottawa.

Cadillac Fairview acquires East Harbour project

The transaction is expected to close on September 25, 2019.

Burnaby Hospital set for $1.3B redevelopment

Burnaby Hospital will be undergoing a major $1.3 billion redevelopment. The project is one of B.C.'s largest-ever health care investments.

Trade conflict impacts Bank of Canada interest rate

The next announcement on the overnight rate target is October 30, 2019.

W Toronto slated to open in 2020

In partnership with Larco Hospitality, the property will undergo a $40-million transformation.

Sheraton Laval to get $13-mill renovation

The redevelopment is expected to be completed in the next two years.

Feds invest in Indigenous entrepreneurship hub

This Toronto-based Indigenous Centre for Innovation and Entrepreneurship will be the first business incubator of its kind in southern Ontario.

First phase of Galleria on the Park revealed

Located at the corner of Dufferin and Dupont in Toronto's west end the project began in 2015.

Ontario invests $26M in Shaw Centre, culture attractions

Ottawa's Shaw Centre is among the Canadian facilities to benefit from the Ontario government's plans to invest up to $26 million towards upgrading the province's culture and tourism attractions

Holloway Lodging Corporation sold to Clarke Inc.

The sale is expected to close on September 30, 2019.

Slate expands portfolio in Germany

Since December 2016, the firm has completed a total of 14 portfolio acquisitions in Germany.