Industry News
Canadian business cost competitiveness ranked
Mexico and Canada offer the most competitive combination of costs for facilities, utilities, tax, transportation and labour among 10 countries recently surveyed for their amenability to international business.
Preparing heritage impact assessments
Heritage experts share tips on what to consider in the heritage impact assessment process.
New LEED pilot aims to eliminate illegal wood
The USGBC is introducing a new LEED pilot Alternative Compliance Path credit designed to help promote the use of legally verified wood
The 12 greenest buildings in Canada
British Columbia is home to six of the 12 greenest buildings in Canada according to the 2016 Green Buildings Review by Corporate Knights. The review
Ontario’s new four-year assessment cycle begins
Ontario's Municipal Property Assessment Corporation (MPAC) reports province-wide residential property values have increased by an average of 4.5 per since January 2012.
Metrus closes $100-mill deal with Sears Canada
Metrus has finalized a $100 million agreement to purchase and leaseback Sears Canada's 960,000-square-foot National Distribution Centre.
Toronto office vacancy sits at record low
Office vacancy in downtown Toronto has remained at a 4.6 per cent two-year record-low for the past three quarters.
Public sector asset management gains attention
A new $50-million fund to help Canadian municipalities implement asset management programs is in sync with broader efforts to adopt standards, make better use of data analytics and eliminate the silo mentality in managing government-owned and occupied assets.
Canada’s top 10 performing retail malls
Despite an online-driven retail market, Canadian shopping malls are faring well as they pump capital investments into their brick-and-mortar spaces.
Laissez-faire seal to denote relaxed operations
A new certification program to recognize unobtrusive property management will help prospective tenants identify buildings with relaxed operations and no expectations of engagement.
BOMA BEST 3.0 will soft launch this summer
Applicants wishing to certify to the BOMA BEST 3.0 standard can expect to do so this summer, ahead of BOMA Canada’s official launch at BOMEX 2016.
CF Masonville Place to get $77-mill renovation
CF Masonville Place in London, Ontario will open doors on a $77 million redevelopment this coming November.
Morguard releases 2015 Sustainability Report
Measurable reductions in energy, water and waste are a highlight of Morguard's recent 2015 Sustainability Report.
Royal Centre office complex sells for $285 mill
Brookfield Canada Office Properties has sold its Royal Centre skyscraper complex in downtown Vancouver for $285 million.
Cushman & Wakefield realigns management
Cushman & Wakefield has realigned its national management team.
Partners REIT ups property management focus
Partners Real Estate Investment Trust (Partners) is making changes to the management of its properties across Canada.
GRESB launches Health & Well-being Module
GRESB has launched a new module for property companies to benchmark health and well-being among tenants and customers.




