Canadian Property Management - Industry News
REMI

Industry News

Edmonton receives $1.5 mil to revitalize Quarters District

The Government of Canada is providing $1.5 million to support two cultural infrastructure projects that will help revitalize the Quarters Downtown Edmonton.

Industrial land rates on the rise across Canada

Metro Vancouver tops the list for industrial land prices in Canada. Industrial land in Metro Vancouver has reached a record high of $1.6M per acre.

Allied acquires two Vancouver Class I properties

Allied Properties Real Estate Investment Trust has acquired 1220 Homer Street and entered into an agreement to acquire 151 West Hastings Street.

Edmonton’s Stantec Tower topped off

Edmonton's Stantec Tower was topped-off in November, officially making it the tallest Canadian tower outside of Toronto at 251 metres.

MUJI to reopen flagship store in downtown Toronto

Japanese retailer, MUJI, will be reopening its original Toronto location on Dundas Street on November 23.

Elad Canada to acquire Agellan Commercial REIT

Elad Canada, has entered into an agreement to acquire the full portfolio of Agellan Commercial Real Estate Investment Trust for approximately $680-million.

Global green building activity continues to rise

Recent industry research shows green building in 19 countries is poised for strong, rapid growth over the next three years.

Toronto loses bid to host Amazon’s second headquarters

Amazon has chosen New York City and Arlington, Va., as the locations for its second headquarters out of 20 short-listed cities.

Diamond Schmitt among Canada’s top employers

Diamond Schmitt Architects is among Canada's top employers for 2019, recognized for its exceptional human resources programs and forward-thinking workplace policy.

CF Chinook Centre unveils new food court

Cadillac Fairview has completed its $17-million renovations of the food court at Calgary's Chinook Centre.

Avison Young acquires UK-based GVA

Avison Young has entered into an agreement with global private-equity firm, EQT to acquire GVA, a U.K.-based real estate advisory-led businesses.

National Bank breaks ground on new HQ

National bank launched construction on its new head office in Montreal on Nov.7, 2018. The headquarters will be located at 800 Saint-Jacques Street West.

New app helps users with energy benchmarking

A free app for members of the design and construction community in Ontario called the energyCompass.design tool – Compass for short – officially launched Nov. 7, 2018.

Concert revitalizing Capital Park in Victoria

Concert and Jawl Properties are working on the Capital Park development, a six-acre master-plan community that is revitalizing an entire city block.

Slate undertakes major renovation of Calgary tower

Slate Canadian Real Estate Opportunity Fund is undertaking a major renovation of former Scotia Centre in downtown Calgary.

Avison Young acquires Veritas Management

Avison Young has acquired Veritas Management Services Inc., a commercial real estate management company based in Edmonton, Alberta.

Calgary’s new Central Library opens its doors

Central Library is now open to the public in Calgary. The 240,000-square foot building is located in the East Village of the city.