Industry News
Feds invest $8.8M in Royal Aviation Museum of Western Canada
The new 86,000-square-foot facility is scheduled to open in 2021.
Kevric to buy 600 de la Gauchetière West
The buyers plan to make significant investments to redevelop the iconic building.
AHIP to sell Economy Lodging portfolio
The transaction is expected to be completed in September 2019.
Offbeat locales hold co-working space bargains
Despite shared status for the lowest office vacancy rate in North America, co-working space in Toronto and Vancouver appears generally more affordable than in major markets in the United States.
Agreement reached for Calgary event centre
An agreement has been reached for the development and construction of a new public sports and entertainment event centre in Calgary.
Fast + Epp builds new mass timber hybrid office
Excavation has begun on Fast + Epp’s new four-storey mass timber home office, located at 7th and Yukon Street in Vancouver.
Crown and Plaza Partners announce joint acquisition in Mississauga
30 Eglinton Avenue West is comprised of a 113,435 square foot office building and 51,296 square feet of retail on a 6.4 acre site.
Retrofit fund draws on carbon pricing revenue
Grants of up to $250,000 are available to small business operators in New Brunswick, Ontario, Manitoba and Saskatchewan for energy-saving and emission-reducing building retrofit projects.
Vancouver ties Toronto for North America’s lowest office vacancy rate
Followed by San Francisco at 3.6 per cent, the three tightest downtown markets in North America are tech hubs.
CBRE selected to manage B.C. government portfolio
CBRE has been selected to provide facilities and project management for the Province of British Columbia’s 17-million-square-foot real estate portfolio.
Canada inconspicuous in Global Property Index
The 2018 total return on Canadian real estate assets was in the back half of the pack among 25 national markets, but Canada is part of a smaller group of 12 that can boast an improvement over 2017 results.
BentallGreenOak officially emerges
Bentall Kennedy's merger with GreenOak Real Estate is now in place, extending the newly formed entity's worldwide reach and bringing approximately USD $46 billion worth of assets under management.
Oxford unveils plans for Union Park
The $3.5 billion project is set to be the largest mixed-use development in Toronto's history.
Dream secures first large tenant at Zibi development
The eight-storey office building is expected to be completed in late 2020.
Ministers shift around expanded Ontario cabinet
The 28-member reconfigured roster brings some fresh faces to portfolios of key interest to the commercial real estate industry, but also leaves one of the most prominent players in place.
Wawanesa to move North American HQ to True North Square
Wawanesa Insurance, Canada’s largest mutual insurer founded in Manitoba in 1896, announces a partnership with True North Real Estate Development (TNRED) to build its North
REMI Show and ISSA Show Canada Industry Award winners announced
The awards recognize achievements, contributions, leadership and community service within the Canadian real estate and property management industry.
