Industry News

Argus Corporate Centre

REMI Network

Morguard buys Oakville’s Argus Corporate Centre

Morguard Corporation has purchased the Argus Corporate Centre for $18.5 million.
CF Sherway Gardens

REMI Network

CF Sherway Gardens completes $550-mil redevelopment

The new south wing at CF Sherway Gardens is now complete, topping off a $550 million redevelopment and expansion of the mall, which began in 2013.
home sales forecast

CondoBusiness

Canadian home sales fall 2.1 per cent in July

National home sales fell 2.1 per cent from June to July, marking the fourth consecutive month of declining sales activity, according to statistics released by the Canadian Real Estate Association.
organics program

REMI Network

Saskatoon ponders city-wide organics program

The City of Saskatoon is considering a city-wide organics program to divert food and yard waste from landfill.
Awards of Distinction

CondoBusiness

OHBA names 2017 Awards of Distinction finalists

The Ontario Home Builders’ Association has announced the finalists for its 2017 Awards of Distinction, to be announced on Sept. 26th at the OHBA Conference.
Tarion

CondoBusiness

Tarion coverage for condo conversions anticipated in 2018

Tarion coverage for Ontario condo conversions is expected to become available at the beginning of 2018, according to a regulatory proposal.
legionella

REMI Network

Hamilton seeing increased legionella activity

The City of Hamilton’s Public Health Services reports there are increasing cases of Legionnaires’ disease, a type of pneumonia that is caused by legionella.
Brampton property

Canadian Apartment Magazine

Brampton property sells with record-low cap rate

Colliers Multifamily Advisory Group announced it has brokered the sale of a seven-storey Brampton property to Starlight Investments for a record-setting price.
investment

REMI Network

Strong projections for CRE investment in Canada

The Canadian commercial real estate investment market is expected to remain strong despite rising interest rates.
CF Shops at Don Mills

REMI Network

CF Shops at Don Mills completes $21-mil redevelopment

A major revitalization of CF Shops at Don Mills in Toronto is now complete.
CREW Network

REMI Network

Sheila Botting named CREW Network Distinguished Leader

Sheila Botting, Canadian real estate and construction leader and partner with Deloitte, has been named a 2017 CREW Network Distinguished Leader.
Winnipeg office and industrial markets

Canadian Property Management

Winnipeg office and industrial markets chug on

Vacancy rates in both sectors are below the national average, while rents neither outshine nor dramatically trail those commanded in other major Canadian centres.
Nashville

Canadian Apartment Magazine

Starlight acquires Nashville apartment community

Starlight U.S. Multi-Family (No. 5) Core Fund announced that it has acquired a-288 suite, Class "A" Nashville apartment community, constructed in 2015.
data centre demand

Canadian Property Management

Montreal and Toronto court data centre demand

Market analysts attribute Montreal's healthy status to low electricity rates and the arrival of "big-name" cloud providers.
bedbugs

REMI Network

Top ten Canadian cities for bedbugs

Toronto tops a list of bedbug hot spots, according to Orkin Canada’s first list of bedbug cities. Bedbug encounters are more likely during travel seasons.
Canadian developments ULI

Canadian Property Management

Two Canadian developments selected as ULI finalists

Two Canadian developments have been selected as finalists for the Urban Land Institute’s (ULI) 2017 Global Awards for Excellence.
Condominium Authority

CondoBusiness

Condominium Authority of Ontario adopts fees as proposed

Condo owners will pay a monthly fee of $1 per voting unit to fund services to be provided by the newly formed Condominium Authority of Ontario.