Industry News
Canadian Facility Management & Design
Quebec’s HFC prohibition dates called untimely
Proposed revisions to Quebec's halocarbon regulation could sideline some commonly used refrigerants before alternatives with lower global warming potential can feasibly be in place.
Canadian Property Management
PROREIT completes $49.3-mill acquisition
The purchase includes six properties - five light industrial buildings in Halifax and one boutique office tower in Ottawa.
Canadian Apartment Magazine
Toronto Community Housing announces restructuring plans
Toronto Community Housing Corporation (TCHC) announced plans to restructure in an effort to deliver better, faster service to its 110,000 tenants.
Canadian Apartment Magazine
Rental rates in Canada 8% higher than last year
New data from Rentals.ca and Bullpen Research & Consulting reveals that although rental rates have declined across Canada for the second month in a row, overall they are up 8 per cent from 2018.
REMI Network
QMD-Ménard Consortium breaks ground on Solstice Montréal
The condominium project led by QMD-Menard Consortium broke ground on September 10, 2019.
REMI Network
BOMA Canada announces top CRE achievers of 2019
This year’s gala presented recipients with a total of 27 awards, recognizing top CRE achievers in the industry from across the country.
Canadian Apartment Magazine
SmartCentres and Greenwin join forces on new Barrie development
SmartCentres REIT and Greenwin Inc. announced that they have entered into a 50/50 joint venture to develop a 7.8 acre lakefront property located in Barrie, Ontario.
Canadian Property Management
Cadillac Fairview acquires East Harbour project
The transaction is expected to close on September 25, 2019.
Canadian Property Management
Canadian health care delivers climate champions
More than 190 health care organizations collectively represent 17,500 hospitals and related facilities in 28 countries that have signed on to the global effort to improve the sector's resiliency and reduce its environmental footprint.
Canadian Apartment Magazine
Apartment sector leads lagging Alberta investment activity
Altus Group’s latest report on investment shows that both Calgary and Edmonton’s commercial real estate sectors were down significantly in Q2, excluding the apartment sector.
Canadian Property Management
Canadian pension funds look to GRESB guidance
Oxford Properties Group and Ivanhoé Cambridge have been benchmarked atop their North American peers in the 2019 GRESB Real Estate Assessment, which this year plotted the ESG performance of 1,005 companies, funds and REITs worldwide.
Construction Business
Burnaby Hospital set for $1.3B redevelopment
Burnaby Hospital will be undergoing a major $1.3 billion redevelopment. The project is one of B.C.'s largest-ever health care investments.
Canadian Apartment Magazine
Canada’s multifamily market is most robust it has ever been: CBRE
Canada’s multifamily market is the most robust it has ever been, with low vacancies from coast to coast and rental rates at or near 10-year highs in most cities, according to CBRE.
REMI Network
Trade conflict impacts Bank of Canada interest rate
The next announcement on the overnight rate target is October 30, 2019.
REMI Network
W Toronto slated to open in 2020
In partnership with Larco Hospitality, the property will undergo a $40-million transformation.
Canadian Apartment Magazine
Boardwalk and RioCan announce plans for new mixed-use development
Boardwalk and RioCan have announced plans for another mixed-use development, this one to be located in Mississauga, Ontario.
Canadian Apartment Magazine
Multi-suite rental sales sustained record pace in Q2
The strong pace of Canadian commercial investment property sales and record-high levels in the multi-suite rental sector defined the second quarter of 2019, according to a new report issued by Morguard Corporation.



