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Industry News

Canada invests $277M in Arthur Meighen Building

The project will transform the building into an energy efficient, low-carbon asset, cutting its annual greenhouse gas emissions by up to 80 per cent.

SFU opens new sustainable energy building

The $126 million Simon Fraser University (SFU) Sustainable Energy and Environmental Engineering Program (SE3P) building was officially opened this April.

Fronsac REIT acquires three properties

Two of the properties are located in Quebec and one in Nova Scotia.

Cadillac Fairview breaks ground on 160 Front Street

The development features 1.2m square feet of office space, 339 parking stalls, and 12,290 square feet of retail space.

New report recommends national wind resilience standard

The report provides the basis for the development of wind risk reduction measures.

ASHRAE publishes energy guideline for historic buildings

The guideline provides comprehensive and detailed descriptions of the processes and procedures for the retrofitting of historic buildings to achieve greater measured efficiency.

Report: B-20 stress test caused $15B drop in new mortgages

CIBC's chief economist Benjamin Tal's indicates that while the B-20 mortgage stress test has cooled the Canadian market, it might be time to loosen the reigns.

Toronto Region Board of Trade relocating to Queens Quay

The 25-storey office building which features approximately 690,000 square feet of Class "AAA" space, is the first phase of Menkes' mixed-use community – Sugar Wharf.

B2Gold selects Vancouver Centre II as its new HQ

B2Gold will occupy 37,000 square feet across three floors in the new Vancouver Centre II office tower. VCII GWL Realty Advisors is now 38 per cent leased.

Municipalities could lose clout on MPAC board

A new government means a new round of scrutiny for Ontario's property assessment agency.

BOMA BC introduces recommissioning program

The BOMA BC Building Tune-Up Program is geared towards Class B and C buildings that are older than five years, a market segment with significant opportunities for energy savings.

Davpart unveils plans to transform historic Toronto landmark

The former Maclean Publishing Company/Maclean-Hunter Building is believed to be North America's tallest architectural heritage retention development.

Toronto office vacancy rate hits record low

Thriving tech and e-commerce sectors drive commercial real estate records in the first quarter of 2019.

Plastic themed art drops in midtown Toronto

Natural Plasticity will occupy space at 55 St. Clair West for Earth Month 2019 to challenge the conversation around disposable culture.

Holloway announces sale of hotel in Windsor

The sale price for the hotel was $5.3 million representing a cap rate of approximately 11.6 per cent and a price per room of $80,300.

Sponsor loss cramps Toronto race2reduce

After inspiring replica competitions in cities across Canada, the second run of the Toronto race2reduce has hit a roadblock.

CF Fairview Mall to get $80-million makeover

Cadillac Fairview (CF) and TD Greystone Asset Management (TD Greystone) are also in discussions with the City about rezoning the CF Fairview Mall site to accommodate additional, mixed-use density.