Industry News
Green certified office space no rarity in Canada
On a square footage basis, more than 50 per cent of the commercial inventory in Vancouver and Toronto now boasts LEED or BOMA BEST status.
Diamond Schmitt opens $44.9 million facility at college in Ottawa
Diamond Schmitt has opened a new state-of-the-art facility for “learning, innovation and entrepreneurship” at Algonquin College in Ottawa.
Commercial buildings stuck at GHG status quo
Canadian commercial buildings registered the same 40-megatonne output of carbon dioxide equivalent in 2016 as in 2005.
Over 200 affordable rental suites set to be built in Downtown Toronto
Over 200 “affordable” rental suites are set to be built in Downtown Toronto as part of a 700 unit strong development in the city's Yonge and College area.
Evolv1 becomes first structure to be awarded Zero Carbon Building certification
Evolv1, a multi-tenant office building under construction, has become the first structure to be awarded the Zero Carbon Building - Design certification.
Downtown Ottawa drawing tenant interest
Downtown class B buildings and the "fringe core" ByWard Market, Centretown and Glebe neighbourhoods are identified as a good fit for start-up enterprises looking for less than 1,000 square feet and/or co-working space.
Markham Stouffville Hospital receives prestigious environmental award
Markham Stouffville Hospital has been revealed as the 2018 recipient of the Energy and Environmental Stewardship Award. The Canadian College of Health Leaders made the
Robust demand drives GTA Q1 investment activity
Cominar REIT stands out among the vendors, as it offloaded two office, two retail and one industrial property for earnings of nearly $717 million.
Office leasing activity in GTA slightly muted in Q1 2018
Leasing activity in the Greater Toronto Area (GTA) office market was slightly muted in the first quarter of 2018, a new report has revealed.
TD set to open $25 million office space in New Brunswick
Cadillac Fairview has announced plans to open a $25 million TD corporate office in the former Sears space at CF Champlain in Dieppe, New Brunswick.
Winnipeg real estate investment sees $58 million decline
Investment in Winnipeg real estate saw a 12 per cent decline last year, with overall sales volumes of just $426 million - well below the five year average.
BOMA Canada launches Net Zero Challenge
The new BOMA Canada initiative recognizes buildings that have achieved outstanding or drastically improved energy performance.
Strong investment in Canadian hotel industry set to continue
Strong investment in the Canadian hotel sector is set to continue this year according to CBRE Canada’s 2018 Hotels Outlook Report
Genesis Hospitality acquires two Edmonton hotels
The two hotels, part of Platinum Investments’ Edmonton Focused-Service Portfolio, have been sold to Genesis Hospitality Inc.
Cominar finalizes $1.14 billion sale of property portfolio
Cominar has confirmed the closing of its $1.14 billion sale of its non-core market property portfolio to Slate Acquisitions Inc. Sylvain Cossette, president and CEO
Non-residential construction set to bounce back
Non-residential construction could be set for a modest turnaround in 2018, new predictions have revealed.
Self-driving cars may condense parking lots: study
New research from the University of Toronto shows that adoption of self-driving cars could reduce the amount of urban space dedicated to parking.



