Industry News

recreational properties

Canadian Apartment Magazine

More Canadians seeking properties for investment or recreation

A new survey of RE/MAX brokers and agents has found that investment and recreational properties are on the rise across Canada, with 74 per cent of regions surveyed experiencing an uptick.
carbon pricing revenue

Canadian Facility Management & Design

Retrofit fund draws on carbon pricing revenue

Grants of up to $250,000 are available to small business operators in New Brunswick, Ontario, Manitoba and Saskatchewan for energy-saving and emission-reducing building retrofit projects.
proptech innovation

Canadian Property Management

Cheryl Gray recognized for proptech innovation

CRE Women of Influence are nominated by industry peers and evaluated based on professional achievement, contributions to the broader real estate industry and their actions as role models and mentors for other women.
construction worker at building site with copy space

Canadian Apartment Magazine

Brightside announces plans to redevelop five properties

Brightside Community Homes Foundation, one of Vancouver’s oldest and largest affordable housing societies, announced plans to redevelop five of its current buildings in an effort to respond to Vancouver’s housing crisis.
rent increase guideline

Canadian Apartment Magazine

Average monthly rents continue to trend upward

The average monthly rents in Canada increased another 1.9 per cent in June , according to the latest National Rent Report produced by and Bullpen Research & Consulting.

REMI Network

Vancouver ties Toronto for North America’s lowest office vacancy rate

Followed by San Francisco at 3.6 per cent, the three tightest downtown markets in North America are tech hubs.
housing starts

Canadian Apartment Magazine

Multi-unit construction boosts housing starts in June

The trend in housing starts was up in June 2019 compared to May primarily due to multi-unit apartment construction.
energy retrofits

Canadian Apartment Magazine

Government invests in deep energy retrofits

The government announced it is investing $5.75 million towards deep energy retrofits in four multi-residential buildings in the cities of Toronto and Hamilton.

Canadian Property Management

BentallGreenOak officially emerges

Bentall Kennedy's merger with GreenOak Real Estate is now in place, extending the newly formed entity's worldwide reach and bringing approximately USD $46 billion worth of assets under management.
Order of Canada

Design Quarterly

Order of Canada honourees grace buildings sector

Donald Schmitt, Principal with Diamond Schmitt Architects, and Raymond Cole, Professor Emeritus at University of British Columbia's School of Architecture and Landscape Architecture, are among 83 new appointments announced prior to Canada Day.
BOMA International centre stage

Canadian Property Management

Canadians on BOMA International centre stage

Canadian real estate had a winning presence again this year at the annual Building Owners and Managers Association (BOMA) International conference and expo.

REMI Network

Oxford unveils plans for Union Park

The $3.5 billion project is set to be the largest mixed-use development in Toronto's history.

REMI Network

Dream secures first large tenant at Zibi development

The eight-storey office building is expected to be completed in late 2020.
ASHRAE president

Canadian Property Management

Darryl Boyce launches term as ASHRAE president

In keeping with ASHRAE tradition, Boyce has a chosen a theme for his leadership tenure: Building for people and performance. Achieving operational excellence.

Canadian Apartment Magazine

Avison Young scoops Edmonton-based multifamily veterans

Avison Young has announced the strategic hiring of industry veterans Amit Grover and Jandip Deol to head up their new Edmonton multifamily office.
Best Renovation

Canadian Apartment Magazine

CRRA awards Boardwalk “Best Renovation” of 2019

Calgary's Residential Rental Association (CRRA) has recognized Boardwalk for the second year in a row for "Best Renovation" of a rental property.
rent increase guideline

Canadian Apartment Magazine

Ontario 2020 rent increase guideline set at 2.2%

The Ontario government released its rent increase guideline for 2020, setting it at 2.2 per cent – the highest it’s been since 2013.