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.



