REMI Network - Industry News
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Industry News

housing affordability

Canadian Apartment Magazine

Quebec housing affordability tackled at roundtable

A gathering of Quebec's key housing players recently met in Montreal to discuss the main issues affecting housing affordability.
climate change fallout projected to be bleak

Canadian Property Management

Climate change fallout projected to be bleak

Canadian regions will experience climate change fallout differently, but a global consortium of scientists is warning residents everywhere that severe conditions and extreme events are going to be more frequent and intense.

Canadian Apartment Magazine

Luxury rentals are making a comeback

In a sign of recovery, centrally located luxury rentals in Toronto and Vancouver are increasing in demand and in price, according to the latest National Rent Report.
bike sharing

REMI Network

Bike sharing trends hint at commuter uptake post COVID

A new report suggests an increase in people using Toronto's Bike Share service for leisure during the pandemic could mean they will choose this mode of transportation for their daily office commute post COVID.
stem cell

REMI Network

Hamilton Health Sciences officially opens new stem cell facility

Hamilton Health Sciences’ Juravinski Hospital and Cancer Centre has officially opened an expanded stem cell unit to expedite high-quality cancer care for adult patients in Ontario. 
Concord

Construction Business

Concord plans world’s largest condo bike facility

A 50,000-square-foot bike facility is being planned for the Concord Metrotown, a three tower development in Burnaby.
retirement platform

Canadian Apartment Magazine

Sienna Living launches new retirement platform “Aspira”

In a recent operations update, Sienna Living announced plans to launch a new retirement platform called “Aspira” in late 2021 or early 2022.
The Goode

REMI Network

The Goode condo set for Distillery District debut

Expected to rise 32 storeys, with a mixed-use podium, the condo will make history of its own, standing on one of the last parcels of residential land in The Distillery District.
Former Ontario Premier Bill Davis was a honorary member of BOMA Toronto

Canadian Property Management

Bill Davis held rare BOMA membership status

Former Ontario Premier Bill Davis was an honorary member of the Building Owners and Managers Association (BOMA) of Greater Toronto.
logistics

REMI Network

LaSalle purchases GTA logistics portfolio

LaSalle Investment Management has acquired three industrial buildings in the Greater Toronto Area through its core real estate fund in Canada. This purchase reduces the fund's overall exposure to the office market.
Blackstone offers premium on WPT REIT units

Canadian Property Management

Blackstone offers premium on WPT REIT units

Blackstone Real Estate Income Trust has entered into an agreement to acquire WPT Industrial REIT's U.S.-based portfolio of distribution and logistics facilities for USD $3.1 billion.
Ontario Place

REMI Network

New design revealed for West Island at Ontario Place

New renderings of the West Island redevelopment at Ontario Place reveal green spaces aplenty.
GO Residential REIT

Canadian Apartment Magazine

BentallGreenOak and RioCan enter new joint venture

BentallGreenOak and RioCan REIT announced they have expanded their strategic partnership with a three-property portfolio located in the GTA.
investment performance expectations rally in Q2

Canadian Apartment Magazine

Investment performance expectations rally in Q2

Recently released results of the REALPAC/Ferguson Partners Canadian Real Estate Sentiment Survey show industry executives in a more upbeat mood in Q2 2021 than was the case 12 months earlier.
federal housing

Canadian Apartment Magazine

BMO pledges $12 billion in financing toward affordable housing

BMO announced it will commit $12 billion in financing toward the development and refurbishment of affordable housing in Canada.
housing market

Canadian Apartment Magazine

Shift in priorities identified in new housing report

According to a new housing report from Finder, approximately 45 per cent of Canadians are planning to buy or rent a new house or apartment in 2021.
Anna Murray elevated to new ESG leadership role with SLC Management

Canadian Property Management

Anna Murray elevated to new ESG leadership role

Anna Murray has been promoted to managing director and appointed to the newly created role of global head of ESG with SLC Management.