Industry News
REMI Network earns three 2018 COPA nominations
After winning gold in 2017, the REMI Network is again a Canadian Online Publishing Award finalist for Best Trade Media Website.
Partners REIT sells nine Western Canada properties
Partners Real Estate Investment Trust (Partners REIT) announced today that it has agreed to sell nine of its 10 properties in Western Canada.
Manitoba partners with private sector to develop True North Square
The Manitoba government has announced it will provide up to $11.95 million in tax increment financing (TIF) to support the development of True North Square public plaza in downtown Winnipeg.
Hurricane Florence could swamp asset values
REITs hold more than 5,500 properties in the area flagged for storm surge and other severe weather fallout.
Microsoft Canada moving headquarters to Toronto’s CIBC Square
Microsoft Canada announced plans for a new headquarters located in Toronto. Comprising 132,000 square feet over four floors of the building, located at 81 Bay Street, construction is well underway with occupancy expected for September 2020.
Revisit inclusionary zoning reg: REALPAC to province
REALPAC is calling on the new administration at Queen's Park to revisit Ontario's inclusionary zoning regulation.
Colliers International acquires Landmark Properties
The commercial real estate services firm, Colliers International has announced the acquisition of Landmark Properties, an asset advisory services and real estate management firm based in Quebec.
Ikea installs rooftop solar panels on Alberta stores
On track with its commitment to renewable energy, IKEA Canada announced over 5,000 solar panels are being installed on its stores in Edmonton and Calgary.
Marcus & Millichap expands Canadian presence
Marcus & Millichap has announced its expansion into Montreal with the acquisition of the commercial real estate investment sales firm, McGill Commercial.
Antonio Bellano joins Avison Young in Vancouver
Antonio Bellano has joined Avison Young as a principal and practice leader, BC, project management. He will focus on expanding the firm's services.
Hillcrest Mall unveils $90-million glow up
Oxford Properties Group's $90-million makeover of Hillcrest Mall, a BOMA Best gold certified regional shopping centre in Richmond Hill, Ont., is now complete.
Canadian REITs mark 25 years on the TSX
Since the first two listings in 1993, investors can now look to 44 REITs with a collective market capitalization of $62 billion.
Edmonton takes action on climate change
The City of Edmonton has launched the Corporate Climate Leaders Program, a new initiative for businesses concerned about climate change.
Ontario utilities to stop collecting carbon tax
The Ontario Energy Board must provide direction before the levy can be removed from natural gas bills.
Canada’s big three cities affirm net zero goal
The mayors of Toronto, Montreal and Vancouver are among leaders of 19 major world cities aspiring for net zero carbon emissions across their urban building portfolios by 2050.
Brookfield closes on GGP retail portfolio
Brookfield Property Partners has now completed the USD $15-billion deal, begun more than nine months ago.
Scotiabank to anchor new Bay Adelaide tower
The 32-storey, 820,000-square-foot building will be the third and final piece of the office complex Brookfield Property Partners brought to the downtown Toronto market in 2009.
