REMI Network - Industry News
REMI

Industry News

REMI Network

Feds invest $8.8M in Royal Aviation Museum of Western Canada

The new 86,000-square-foot facility is scheduled to open in 2021.

Canadian Property Management

Kevric to buy 600 de la Gauchetière West

The buyers plan to make significant investments to redevelop the iconic building.

Canadian Property Management

AHIP to sell Economy Lodging portfolio

The transaction is expected to be completed in September 2019.

Canadian Property Management

Offbeat locales hold co-working space bargains

Despite shared status for the lowest office vacancy rate in North America, co-working space in Toronto and Vancouver appears generally more affordable than in major markets in the United States.

Construction Business

Legal challenge of B.C.’s labour model proceeds

The legal challenge of the B.C. NDP’s Community Benefits Agreement (CBA) model will proceed to the B.C. Supreme Court. Petitioners welcomed the decision.

REMI Network

Crown and Plaza Partners announce joint acquisition in Mississauga

30 Eglinton Avenue West is comprised of a 113,435 square foot office building and 51,296 square feet of retail on a 6.4 acre site.

Construction Business

Quebec postpones sprinkler requirement for private seniors’ homes

Owners of privately owned Quebec retirement homes will have an extra two years to retrofit their residences with sprinkler systems.

Canadian Apartment Magazine

More Canadians seeking properties for investment or recreation

A new survey of RE/MAX brokers and agents has found that investment and recreational properties are on the rise across Canada, with 74 per cent of regions surveyed experiencing an uptick.

Canadian Facility Management & Design

Retrofit fund draws on carbon pricing revenue

Grants of up to $250,000 are available to small business operators in New Brunswick, Ontario, Manitoba and Saskatchewan for energy-saving and emission-reducing building retrofit projects.

Canadian Property Management

Cheryl Gray recognized for proptech innovation

CRE Women of Influence are nominated by industry peers and evaluated based on professional achievement, contributions to the broader real estate industry and their actions as role models and mentors for other women.

Canadian Apartment Magazine

Brightside announces plans to redevelop five properties

Brightside Community Homes Foundation, one of Vancouver’s oldest and largest affordable housing societies, announced plans to redevelop five of its current buildings in an effort to respond to Vancouver’s housing crisis.

Canadian Apartment Magazine

Average monthly rents continue to trend upward

The average monthly rents in Canada increased another 1.9 per cent in June , according to the latest National Rent Report produced by Rentals.ca and Bullpen Research & Consulting.

REMI Network

Vancouver ties Toronto for North America’s lowest office vacancy rate

Followed by San Francisco at 3.6 per cent, the three tightest downtown markets in North America are tech hubs.

Canadian Apartment Magazine

Multi-unit construction boosts housing starts in June

The trend in housing starts was up in June 2019 compared to May primarily due to multi-unit apartment construction.

Canadian Apartment Magazine

Government invests in deep energy retrofits

The government announced it is investing $5.75 million towards deep energy retrofits in four multi-residential buildings in the cities of Toronto and Hamilton.

Canadian Property Management

BentallGreenOak officially emerges

Bentall Kennedy's merger with GreenOak Real Estate is now in place, extending the newly formed entity's worldwide reach and bringing approximately USD $46 billion worth of assets under management.

Design Quarterly

Order of Canada honourees grace buildings sector

Donald Schmitt, Principal with Diamond Schmitt Architects, and Raymond Cole, Professor Emeritus at University of British Columbia's School of Architecture and Landscape Architecture, are among 83 new appointments announced prior to Canada Day.