Canadian Property Management - Industry News
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Industry News

Calgary office vacancies ease marginally in Q2

Tenants in a position to take advantage of the current market dynamics are enjoying the flight to quality.

Constrained Toronto market curbs Q2 investment

Land deals accounted for half the value of real estate investment in the Greater Toronto Area during the second quarter of 2018, while activity in the office sector dipped considerably.

Slate Office REIT turns from East to Midwest

Slate Office REIT has inked deals for an acquisition in Chicago and a disposition in St. John's, Newfoundland.

CPPIB invests in Australia-NZ real estate debt

The move is in line with CPPIB's expanded investment in new asset classes and associated growth strategy in Asia Pacific.

Investors chase multifamily properties

Midyear results from CBRE and Colliers International reveal that almost every other property type, except premier office, is trading at higher cap rates in major Canadian markets.

NB office markets improve as St. John’s slips

Fredericton recorded 133,000 square feet of positive absorption since June 2017, taking the vacancy rate below 9.5 per cent, while Saint John showed the most marked improvement with a 3.7 per cent drop in vacancy.

Toronto airport office node attracts investors

Crown Realty has acquired 10 and 20 Carlson Court, a 305,000-square-foot Class A office complex located near Toronto's Pearson International Airport.

Halifax office vacancy rate dips modestly

The Atlantic Canada real estate advisory firm, Turner Drake & Partners, reports a region-wide office vacancy rate of 15.25 per cent, representing a drop of more than 170 basis points since June 2017.

Downtown Montreal office market making gains

Rents are rising, the availability rate remains steady even as new office space comes onto the market and construction crews are busy on in-progress commercial, multi-residential and public infrastructure projects.

CDPQ injects $250 million into Avison Young

Strategic investment from Caisse de dépôt et placement du Québec will allow the principals of Avison Young to regain 100 per cent of the common shares in their real estate services company.

Toronto may extend reach of retrofit financing

Toronto Council is considering opening up a loan fund for energy upgrades to a larger pool of borrowers, including private sector landlords, condo corporations, health care and educational facilities.

Winners of 2017 Ontario Green Health Care Awards announced

The winners of the 2017 Ontario Green Health Care Awards were announced on Tuesday. Award recipients were determined by selecting the top performing facilities from

Q2 office vacancy space figures released

Figures for office vacancy space in Q2 of 2018 have been released. The report revealed positive absorption rates for most of the major markets in Canada.

GTA office market returns mixed second-quarter results

The Greater Toronto Area (GTA) office market reached the midway point of 2018 with mixed second-quarter results, an new reports has revealed.

North York Central Library reopens after renovation

A Diamond Schmitt project has “revitalized” the North York Central Library, one of the largest in Toronto.

Costs of dismantling cap and trade queried

Several prominent business leaders and professionals are expressing disappointment, and projecting billions of dollars in direct losses and forgone economic development.

Ontario qualifies previously approved EVC grants

Approved applicants who have already acted on the former government's promise will be in position to collect the rebate. Those who did not purchase equipment or sign a contract to authorize investment prior to July 4 will receive no funds.