Industry News

Tornado

Canadian Apartment Magazine

Tornadoes wreak havoc on Ottawa region

More than 400,000 homes and businesses were left in the dark after three tornadoes ripped through the Ottawa and Gatineau region on Friday, September 21,
WernerDietlSquare

REMI Network

CBRE Canada names Werner Dietl CEO

Werner Dietl will succeed Mark Renzoni, as president and CEO of CBRE Canada effective Jan. 1, 2019. Renzoni, will step down at the end of the year after 30 years with the commercial real estate company.
SpacesGastown945x514

REMI Network

Co-working firm Spaces expands in Canada

Spaces, a co-working firm, plans to open 15 more locations in Canada in the next two years. Its newest location in Toronto is 127,158 square feet, making it the company's largest location in North America.
national home sales

CondoBusiness

National home sales activity creeps higher in August

A slight increase in national home sales activity has been recorded between July and August 2018, according to recent statistics from the CREA.
REMI Network

REMI Network

REMI Network earns three 2018 COPA nominations

After winning gold in 2017, the REMI Network is again a Canadian Online Publishing Award finalist for Best Trade Media Website.
Real estate docs

REMI Network

Partners REIT sells nine Western Canada properties

Partners Real Estate Investment Trust (Partners REIT) announced today that it has agreed to sell nine of its 10 properties in Western Canada.
winnipeg945x514

REMI Network

Manitoba partners with private sector to develop True North Square

The Manitoba government has announced it will provide up to $11.95 million in tax increment financing (TIF) to support the development of True North Square public plaza in downtown Winnipeg.
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REMI Network

Microsoft Canada moving headquarters to Toronto’s CIBC Square

Microsoft Canada announced plans for a new headquarters located in Toronto. Comprising 132,000 square feet over four floors of the building, located at 81 Bay Street, construction is well underway with occupancy expected for September 2020.
home ownership

CondoBusiness

Home ownership more affordable than renting: report

According to a new Mortgage Professionals Canada report, the soaring cost of rent is making home ownership more cost effective, now and in the future.
condominium housing starts

CondoBusiness

National housing starts trend down in August

The national trend in housing starts continued its downward path in August compared to the historical peak recorded in March 2018, reports CMHC.
guildwood-chartwell

Canadian Apartment Magazine

Chartwell unveils plans for Guildwood retirement residence

CHARTWELL Retirement Residences and Welltower Inc. announced plans for a new residence located within the historic Guildwood neighbourhood of Scarborough.
airport945x514

REMI Network

Survey exposes the most germ-covered surface in airports

The trays used to put carry-on luggage and personal items in airport security check areas carry the highest frequency of respiratory viruses, revealed a study titled Deposition of respiratory virus pathogens on frequently touched surfaces at airports.
inclusionary zoning

CondoBusiness

Revisit inclusionary zoning reg: REALPAC to province

REALPAC is calling on the new administration at Queen's Park to revisit Ontario's inclusionary zoning regulation.
joint venture

REMI Network

Colliers International acquires Landmark Properties

The commercial real estate services firm, Colliers International has announced the acquisition of Landmark Properties, an asset advisory services and real estate management firm based in Quebec.
ikeasolar945x514

REMI Network

Ikea installs rooftop solar panels on Alberta stores

On track with its commitment to renewable energy, IKEA Canada announced over 5,000 solar panels are being installed on its stores in Edmonton and Calgary.
acquires945x514

REMI Network

Marcus & Millichap expands Canadian presence

Marcus & Millichap has announced its expansion into Montreal with the acquisition of the commercial real estate investment sales firm, McGill Commercial.
ESG performance

Canadian Property Management

ESG performance earns Triovest global standing

Triovest achieved the best GRESB score, 88 out of 100 possible points, in its peer group of non-listed, diversified office/industrial portfolios.