Industry News
REIC and MediaEdge announce partnership
Real Estate Institute of Canada (REIC) and MediaEdge Communications, owner of REMI Network, are excited to announce a new partnership. The two organizations will work
FirstOnSite Restoration acquired by U.S. firm
FirstOnSite Restoration G.P. Inc., Canada’s largest independent disaster restoration service provider, has announced the sale of its company to Interstate Restoration, a U.S.-based firm, has
Tourism growth propels strong hotel market: Q1
Canada’s low dollar continues to boost tourism growth in the country, having a positive influence on the hotel real estate market. According to Colliers 2016
HOOPP fetes industry with sustainability awards
HOOPP lauded property managers and tenants for excellence in energy performance and environmental sustainability at a ceremony in Vancouver.
Canada Goose to open first flagship retail stores
Canada Goose will be opening its first two standalone flagship stores in Toronto and New York City come Fall 2016.
Green retail delivers top Q1 investment return
Assets analyzed as part of the green index are collectively worth about $67.6 billion, or almost half of the entire REALpac/IPD Canada property index value, but account for only 22 per cent of the total individual properties.
NAIOP honours commercial real estate
NAIOP Vancouver honours commercial real estate excellence with its 2016 Commercial Real Estate Awards. The gala held in downtown Vancouver was attended by four hundred
Board counters Parkit c-suite offence
The president and chief executive officer of Vancouver-based Parkit Enterprises has been expelled from the company's board of directors for challenging its membership and structure.
Montreal real estate plans bridge two firms
Claridge and Ivanhoé Cambridge are teaming up to invest alongside private property developers in mid-sized real estate projects based in Montreal.
BOMA Calgary fetes TOBY Award winners
Commercial real estate professionals gathered in Calgary for the TransCanada BOMA Excellence Awards, held on May 12, 2016, at the Westin.
BOMA Toronto honours building excellence
BOMA Toronto celebrated its 18th annual Celebration of Excellence Awards on Thursday, May 12, 2016.
Sobeys reveals $418-mill deal with Crombie REIT
Sobeys Inc. and Empire Company Limited have entered into agreements with Crombie Real Estate Investment Trust in a transaction worth $418 million.
Mississauga Gateway Centre now complete
Construction is now complete on The Mississauga Gateway Centre in the Greater Toronto Area.
Q1 shows strengthening industrial space demand
Industrial space continues to command higher rents in western Canada than in markets to the east, but trends look mostly positive for warehousing and manufacturing in Ontario and Quebec.
Ongoing hurt in downtown Calgary office market
Nearly 3 million square feet of downtown office space has emptied out since the spring of 2015, contributing to the 8.8 million square feet of inventory that is now vacant, while another 2.3 million square feet of space is still under construction.
LCBO lands on T.O. waterfront sell for $260-mil
Ontario is selling the LCBO head office lands near the Toronto waterfront to Menkes Developments Ltd. for $260 million.
Ottawa Central Walmart Supercentre opens
The Ottawa Central Walmart Supercentre, a former Target store, opened its doors today at 8 a.m.




