Industry News

ASHRAE fellows

Canadian Property Management

Canadians join select slate of ASHRAE Fellows

Arthur Irwin's peers conveyed one final honour, as he was elevated to the special category of ASHRAE membership recognizing exceptional contributions to the HVAC industry and a sustainable built environment.
deep energy retrofit

Canadian Property Management

Deep energy retrofit a winner for Olympic Park

An overhaul of the aging thermal plant combined with other system and equipment upgrades delivered a 31 per cent cut in energy use and a 57 per cent reduction in greenhouse gas emissions.
2019 gold

REMI Network

Stories to watch in 2019

The REMI Network's editorial team takes a look at last year's top stories and how they will continue to impact the commercial real estate industry in 2019.
320Bayphotoshopped945x514

REMI Network

Menkes invests in restoration of 320 Bay Street

Menkes, alongside TD Greystone Asset Management (TD Greystone), has announced the acquisition of an interest in 320 Bay Street, a heritage building in Toronto's Financial District.
the Annex Ottawa

Canadian Apartment Magazine

Alignvest purchases Ottawa student residence

Alignvest Student Housing Inc. announced it has entered into a contract to purchase a new student housing property in Ottawa, known as "The Annex".
joint venture

Canadian Apartment Magazine

Starlight and Homestead acquire two rental properties

Starlight Investments and Homestead Land Holdings announced they have jointly purchased two multi-residential apartment complexes for $241 million.
apartment transaction

Canadian Apartment Magazine

Firm Capital Property Trust acquires Dartmouth rental building

Firm Capital Property Trust announced it has acquired a multi-residential building consisting of 69 units located in Dartmouth, Nova Scotia.
Alberta_newcondorules

CondoBusiness

New Alberta condo rules to increase transparency

The Province of Alberta is launching new condo rules that will increase transparency and improve condominium governance in the province.
condo apartment

CondoBusiness

GTA condo sales fall 24 per cent in November

There were 2,454 condo apartment sales in the GTA in November, a decline of 24 per cent compared to November 2017, reports BILD.
hands-945x514

Canadian Property Management

Partners REIT sells 11 Quebec retail properties

Partners REIT announced it has found buyers for its 11 Quebec retail properties, the transaction is expected to close early in the second quarter of 2019.
home ownership home prices affordability

CondoBusiness

Housing affordability to erode further in 2019: RBC Economics

This year is unlikely to provide substantial housing affordability relief, reports the latest Housing Trends and Affordability report from RBC Economics.
developer housing starts

CondoBusiness

National housing starts trend rises in November

The trend in housing starts was 210,038 units in November 2018, up from 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation.
B.C. Rental Housing

Canadian Apartment Magazine

B.C. Rental Housing Task Force submits final recommendations

In December, the B.C. Rental Housing Task Force submitted its final report and recommendations for "making B.C.'s rental housing system fairer."
pair-945x514

REMI Network

Study examines harassment in Canadian workplaces

Verbal abuse is the most common type of harassment reported by Canadian workers according to a new study titled Harassment in Canadian workplaces.
BREEAM

Canadian Property Management

Bentall Kennedy and GreenOak announce merger

Bentall Kennedy and GreenOak Real Estate have announced an agreement to merge into a global real estate investment platform – Bentall GreenOak.
apartment for rent

Canadian Apartment Magazine

Average rent in Canada to rise 6 to 11 per cent

A new report released by Rentals.ca predicts that the average rent in Canada will increase 6 per cent in 2019. Municipally, it foresees increases by as much as 11 per cent in Toronto and 7 per cent in Vancouver.
CPA Canada study

CondoBusiness

Canadian housing collapse doubtful: CPA Canada

A recent CPA Canada study finds that Canada’s housing market is different and likely more resilient than it might first appear.