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Consulting engineering firm celebrates 50 years

Smith + Andersen Consulting Engineering, a multi-disciplinary engineering firm that focuses on projects in the Built Environment, is celebrating its 50th year in business. Founded

Bentall Centre for sale in Vancouver

Ivanhoe Cambridge has put the iconic Bentall Centre in Vancouver on the market. The sale of the four distinctive office towers could become one of the largest transactions in the city’s history and is expected to attract worldwide interest.

Apartment vacancy drops in Vancouver

According to a Canada Mortgage and Housing Corporation November report, Vancouver’s already-low apartment vacancy rate has fallen to 0.8 per cent, down from 1.0 per cent last year

David Podmore wins a 2016 Rix Award

The Vancouver Board of Trade has named Concert’s chairman and chief executive officer, David Podmore, as the recipient of its 2016 Rix Award for Community and Corporate Citizenship.
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Expected growth for Canadian holiday retail sales

Holiday retail sales in Canada are projected to grow four per cent over last year, with Millennials driving spending and British Columbia leading the sales.

Suburban Montreal drives office market interest

Montreal’s downtown office market slowed in 2015' Q3, but the suburban market showed more activity, with a vacancy drop from 1.2 per cent to 9.4 per cent.
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Canada celebrates 2,466 LEED projects

The Canada Green Building Council has reported “strong growth” for LEED certified buildings in 2015.

Artis REIT to acquire Minneapolis office tower

Artis Real Estate Investment Trust (Artis) will be purchasing Canadian Pacific Plaza, a 26-storey office tower in downtown Minneapolis, Minnesota, for $68.6 million (U.S.).

GWL Realty Advisors buys Brampton mall

GWL Realty Advisors Inc. has acquired Credit Ridge Commons in northwest Brampton, Ontario, on behalf of an investor client.

IREM introduces affordable green certification

Due to hundreds of office, retail and multifamily properties unable to achieve LEED certification, IREM has launched an affordable alternative.

Steady leasing velocity in GTA Q3 office market

The flight to quality in the Greater Toronto Area (GTA) has continued into the third quarter of 2015, as demand is focused on Class A office space.

Broccolini opens corporate facility in Montreal

Broccolini has opened the Broccolini Corporate Centre Saint-Laurent 2, a LEED Silver, 129,310 square foot commercial and office space over five floors.

IT lag identified in CRE investment reporting

A recent survey of 320 senior corporate real estate executives revealed a lag in spending on financial reporting and data management IT compared to the industry's investment in building technology.

Toronto’s TD Centre achieves LEED Platinum

The TD Centre in Toronto has earned LEED Platinum certification for all of its six towers.

Investor interest strong despite lack of product

Investor interest in commercial real estate remains strong despite global economic insecurity, limited product availability and likely interest rate hikes.

Adgar acquires five office buildings in Canada

Adgar Investments & Development Inc. has acquired five office buildings, four in Ontario and one in Manitoba.

Ontario to begin retail audits under AODA

Retail companies in Ontario with 500 or more employees should start preparing for provincial compliance audits related to AODA.