Industry News
Canada sees industrial availability rates drop
Statistics for the second quarter of 2017 show generally healthy demand for industrial space in most major Canadian markets.
Canada enforces new regs for handling workplace asbestos
Canada enforced changes to occupational health and safety regulations on workplace asbestos today and declared updates to national building codes.
Calgary to sell seven sites for affordable housing
The City of Calgary will be selling seven city-owned sites to non-profit affordable housing providers.
Stantec office is Manitoba’s 100th LEED certified project
Stantec's Winnipeg office earned the LEED Gold for Commercial Interiors certification on June 27.
Canadian properties earn 2017 TOBY Awards
Fifteen properties across North America were recently honoured with The Outstanding Building of the Year (TOBY) Awards.
Fairmont The Queen Elizabeth hotel reopens in Montreal
Fairmont The Queen Elizabeth hotel reopened its doors today in Montreal.
Alberta hits the trifecta for GHG emissions
Differing populations, economic drivers and sources of electricity generation are easily discernible in the provincial/territorial breakdown of GHG emissions statistics.
Anvil Centre receives LEED Gold certification
The Anvil Centre and the Anvil Centre Office Tower in New Westminster, B.C. have officially received LEED Gold certification.
Vancouver REIT buys U.S. portfolio of hotels
American Hotel Income Properties REIT LP (AHIP), a Vancouver-based real estate investment trust, has acquired a portfolio of hotels in the Northeastern U.S., totaling 2,187
CPPIB to acquire Parkway REIT portfolio
Canada Pension Plan Investment Board (CPPIB) has entered a deal to acquire Parkway REIT's entire 19-property portfolio in Houston.
Sears closures a ‘positive break’ for some owners
Unlike Target’s departure two years ago, which left an unexpected void in the Canadian retail landscape, many retail owners have been prepared for some time.
Dream Office REIT selling properties for $1.7 billion
Dream Office Reit is selling a portfolio of office properties, and a 50 per cent stake in Scotia Plaza for $1.7 billion.
Fortress completes first commercial condo project at Kingridge Square
Fortress and Kingridge Developments have finished constructing an office and commercial condominium development in Oakville, Ontario.
CIBC Square begins to rise on Bay Street
Work has begun on CIBC Square, a major office development expected to boast the largest floor plates in downtown Toronto once it’s completed.
SNC-Lavalin sells Montreal headquarters to GWL Realty Advisors
SNC-Lavalin has sold its Montreal head office building and the adjacent empty lot of land for approximately $170 million to GWL Realty Advisors.
Allied acquires 56 The Esplanade in Toronto’s St. Lawrence Market area
Allied Properties Real Estate Investment Trust has acquired 56 The Esplanade in Toronto for $60 million.
National Trust unveils Top 10 Endangered Places for 2017
Heritage treasures from British Columbia to Nova Scotia are featured on the National Trust for Canada’s Top 10 Endangered Places List for 2017.
