REMI Network - Industry News
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Industry News

NexLiving

Canadian Apartment Magazine

NexLiving acquires 10 New Brunswick properties

NexLiving Communities announced it has acquired ten new apartment properties located in Moncton and Riverview, New Brunswick.
Lakeview Village

Canadian Apartment Magazine

Lakeview Village receives planning approval

Lakeview Community Partners Limited announced it has received approval from the City of Mississauga to proceed with proposed development plans.
inclusionary zoning policy

Canadian Apartment Magazine

Toronto approves controversial Inclusionary Zoning policy

Toronto City Council has adopted the new Inclusionary Zoning policy that has been the subject of major contention throughout the past decade.
The Parker

Canadian Apartment Magazine

Luxury rental community “The Parker” opens in Toronto

Fitzrovia Real Estate announced it is celebrating the opening of "The Parker", a five-star rental community located in midtown Toronto.
Killam Apartment REIT

Canadian Apartment Magazine

Killam Apartment REIT reports robust growth

In a recent operational update, Killam Apartment REIT reported net earnings of $46.6 million, marking an exceptional third quarter for the Halifax-based group.
Saskatchewan

REMI Network

Disabilities undermined during company hires

More disabled women said companies are doing a poor job of hiring those with disabilities than their male counterparts.
new home sales

REMI Network

GTA new condo sales reach record high for Q3

New condo sales in the GTA increased 22 per cent from Q3-2020 to Q3-2021, from 6,386 units to a total of 7,773 units.
rent growth

Canadian Apartment Magazine

Municipal rental rates for Q3-2021

Municipal rental rates continue to rise in major markets across Canada according to the latest Rent Report from Bullpen Research & Consulting and TorontoRentals.com. 
radon

REMI Network

Radon levels outpace national estimates

Radon levels consistently eclipse provincial and national estimates, according to new findings from a Canada-wide citizen science initiative conducted over the past three years.
housing system

Canadian Apartment Magazine

Toronto’s Inclusionary Zoning policy advances

The City of Toronto’s Planning and Housing Committee has voted to advance the new Inclusionary Zoning policy in an effort to ensure more affordable housing units are built in the future.
new cabinet

REMI Network

Trudeau unveils new cabinet at swearing-in ceremony

Among the new cabinet members sworn in Tuesday, Trudeau named Toronto MP Ahmed Hussen to a new ministry that combines housing with diversity and inclusion.
Minto Communities

Canadian Property Management

Cominar REIT deal conveyed to unit-holders

Canderel Real Estate Property Inc. is leading an investor consortium intent on acquiring Cominar Real Estate Investment Trust, with plans to then sell the REIT's industrial holdings to Blackstone.
Montreal apartment - Le Hill-Parkl

Canadian Apartment Magazine

Minto acquires Montreal apartment for $80 million

Minto Apartment REIT announced it has entered into an agreement to purchase a 20-storey Montreal apartment for $80 million in addition to funding the construction of a new development in Ottawa.
housing market

Canadian Apartment Magazine

Greenwin, Kingsett selected as Housing Now development partners

The City of Toronto and CreateTO have announced the development partners for two Housing Now sites in Toronto.
Ontario to subsidize industrial site approval costs

Canadian Facility Management & Design

Subsidy to ease industrial site approval costs

Industrial land owners in Ontario could qualify for up to $25,000 to reimburse 50 per cent of the costs of municipal and provincial planning and environmental studies.
GTHA

Canadian Apartment Magazine

Toronto vacancy rate declines to 3% in Q3-2021

Urbanation’s latest survey of purpose-built rental buildings reports that the average Toronto vacancy rate has dropped from 5.1 per cent in Q2 to 3 per cent in Q3-2021.
LiUNA

REMI Network

LiUNA breaks ground on mixed-use tower in Hamilton

The Labourers’ International Union of North America broke ground on a new mixed-use building in Hamilton, Ontario, that will feature more than 500 residential units, as well as office and heritage space.