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Industry News

Hotel transactions mark highest Q1 in history

Hotel transactions in Q1 2017 marked the highest first quarter ever in Canadian history at $1.6 billion.

CBRE to open flagship office in Kitchener’s Innovation District

CBRE is opening its new flagship tech office in Kitchener’s Innovation District.

Alberta bill overhauls outdated workplace legislation

An Alberta bill called the Fair and Family-friendly Workplaces Act seeks to overhaul outdated workplace legislation.

New white paper on carbon management for retailers

The Professional Retail Store Maintenance Association (PRSM) released a white paper with a basic introduction on carbon management for retailers.

BOMA BC Awards honour industry excellence

The BOMA BC Awards of Excellence gala was held on May 18, 2017, at the Fairmont Waterfront Hotel in downtown Vancouver. The event showcased a full range of awards:

Beedie Group breaks ground on business park

Construction has begun on Delta Link Business Park, one of Western Canada’s largest private industrial projects currently under development. Beedie Development Group’s Delta Link Business

Green projects join CaGBC’s Zero Carbon Building Pilot Program

CaGBC has picked a diverse set of 16 green building projects across Canada to participate in a two-year pilot of its Zero Carbon Building Standard.

Vancouver real estate marketer donates art

Vancouver real estate marketer and art collector Bob Rennie has donated $12 million in art to the National Gallery of Canada. Paintings, sculptures, and mixed-media

Industrial market shows regional disparity: Q1

Canada’s two-billion-square-foot industrial market continued to experience robust demand in Q1 2017.

PROREIT to acquire four properties in Ontario, Atlantic Canada

PRO Real Estate Investment Trust (PROREIT) announced the conditional acquisition of four commercial properties worth $40.4 million.

Built Environment Technology Association launches

The Built Environment Technology Association (BETA) has been established to help the real estate industry better utilize developing technologies.

UL acquires CLEB, Canadian building envelope services provider

UL has acquired CLEB, a Montreal-based company that provides building envelope and building science services.

Ottawa’s urban tech hub potential untapped

Despite a strong Ottawa office market, the downtown core still isn't realizing its full potential as an urban tech hub.

Avison Young opens first office in Romania

Avison Young has opened its first office in Romania, within Bucharest’s new central business district.

Ivanhoé Cambridge acquires Chicago office tower

Ivanhoé Cambridge and its partner Callahan Capital Properties have purchased an office tower in downtown Chicago for about US $145 million.

Hotel group invests in Falcon Crest Lodge

Falcon Crest Lodge is re-launching on May 15, 2017 after a $3 million refurbishment. Located five minutes from Banff, Falcon Crest Lodge is part of

Exterior makeover for CF Canaccord Tower

The 25-storey Canaccord Tower office building in downtown Vancouver is set to undergo a significant exterior makeover with a comprehensive glazing replacement. The exterior renovations