Industry News

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Canadian Facility Management & Design

New student residence opens at McGill University

Campus1 Montreal has officially opened at McGill University.
multi-unit

Canadian Apartment Magazine

Rental rates rise in Canada for third straight month

Average rents for all property types in Canada have risen for third consecutive month as rental demand increases with the arrival of the prime spring leasing season.
public-private partnership savvy

Canadian Facility Management & Design

Ontario touts public-private partnership savvy

Infrastructure Ontario will offer consulting services to the global market, pushing its experience overseeing dozens of major institutional construction projects.
VEC

Construction Business

VEC forecasts $3.3B demand for greener buildings

The Vancouver Economic Commission (VEC) has launched the Green Building Market Forecast. The report identifies a $3.3 billion market opportunity.
soil sample results

Facility Cleaning & Maintenance

Soil sample results intensify cleanup demands

Hazardous contaminants from former industrial operations still linger in a now largely residential area of Edmonton.
deferred maintenance

Canadian Facility Management & Design

Deferred maintenance hits home for legislators

Due to mark its centennial in sync with Manitoba's sesquicentennial next year, the Beaux Arts style landmark now requires more than $150 million worth of restorative upgrades.
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REMI Network

CCMP to acquire facilities management company for $1B

BGIS CEO, Gordon Hicks, and the management team will remain in place and work with CCMP to support the company’s next phase of growth.
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Canadian Property Management

Holloway announces sale of hotels in Moncton

Holloway Lodging Corporation (Holloway) has sold the Days Inn and Travelodge hotels located in Moncton, N.B.
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Canadian Property Management

Ontario top province for hotel investment: report

The Canadian Hotel Investor Sentiment Survey is an annual survey that aims to address the most relevant questions impacting lodging investment decisions.
apartment transaction

Canadian Apartment Magazine

Starlight, Blackstone acquire eight Toronto rental properties

Starlight Investments, an affiliate of Blackstone Property Partners, announced they have jointly purchased eight Toronto-area apartment buildings containing 1,067 units.
trio of Toronto buildings

Canadian Property Management

Pension funds trade trio of Toronto buildings

OPTrust now has an ownership stake in the office tower that houses its own corporate headquarters.
new development

Canadian Apartment Magazine

Zahlco announces plans for new Brantford rental development

Zahlco Developments announced it has purchased two Brantford properties for the development of a nine-storey, 205-unit rental apartment with retail and adjacent townhomes.
accessibility

Canadian Facility Management & Design

Resource launches to improve DoPS implementation

To improve the accessibility of public spaces, AllAccess has released a Toolkit of online resources to support the understanding and implementation of DoPS.
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Canadian Property Management

Cadillac Fairview invests in Kitchener-Waterloo region

Led by Cadillac Fairview, the redevelopment team includes Colliers International, architect Petroff Partnership Architects and designer Roy Higgs International.
climate action spending

Construction Business

Historic climate action spending appears modest

The promised $679 million amounts to $189 million of actual spending in 2019-20 since most of the investment is to be rolled out over a three-year period.
climate action fund

Canadian Facility Management & Design

CaGBC receives support from Climate Action Fund

The Government of Canada is providing up to $496,333 in funding to the Canada Green Building Council (CaGBC) through the Climate Action Fund.
GWL new rental

Canadian Apartment Magazine

New rental tower breaks ground in Vancouver’s West End

GWL Realty Advisors formally broke ground on a 21-storey market rental tower at 1500 Robson Street in Vancouver's West End. When complete, the tower will add 128 purpose-built rental units to the neighbourhood lacking in vacant apartments.