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Canadian Apartment Magazine

Calgary adopts new land sale policy

Calgary City Council announced it has adopted a new land sale policy in an effort to promote the development of more affordable housing.

Canadian Property Management

Teresa Neto appointed Granite CFO

Teresa Neto will commence her new position on July 8, 2019.

REMI Network

RioCan to acquire KingSett’s stake in Yonge Sheppard Centre

The transaction is expected to close by the end of August 2019.

REMI Network

CRE investment in Vancouver lagging: Report

Commercial real estate investment in Vancouver has declined across all sectors except for office, according to a new report from Altus Group.

REMI Network

Design revealed for ASHRAE’s new HQ

ASHRAE will move to the new headquarters in October 2020.

Canadian Apartment Magazine

Q Management LP acquires 911-suite property in Oshawa

Q Management LP announced it has acquired Rossland Park Residential Community in Oshawa, Ontario, from H. Kassinger Construction Limited for $220 million.

REMI Network

SickKids receives $100M donation for redevelopment

The largest single gift to The Hospital for Sick Children (SickKids) will help fund the redevelopment of the institution's campus in Toronto.

REMI Network

CaGBC honours green building leaders

The awards recognize individuals and organizations that demonstrate outstanding industry leadership and who have made significant contributions to the CaGBC’s mission and goals in advancing green building in Canada.

CondoBusiness

MPC lobbies Ottawa for less restrictive mortgage rules

Representatives from Mortgage Professionals Canada (MPC) united in Ottawa this May to lobby for changes to Canada’s federal mortgage eligibility and financing laws which “unnecessarily impact

Canadian Facility Management & Design

Canada invests $4.1M in The Arbour

The $134-million project is the first project funded through the Green Construction through Wood (GCWood) program.

REMI Network

Ottawa emerges as luxury real estate hot spot: report

The report provides an outlook for major Canadian luxury markets such as Toronto, Montreal, Vancouver, Victoria, Ottawa, and Muskoka & Collingwood.

Facility Cleaning & Maintenance

WSIB to undergo review

The provincial government launched the review on May 23, 2019. A report to the minister of labour is expected by the end of the year.

Canadian Property Management

Buildings in mix for breakthrough energy fund

Clean energy developers may secure up to $3 million or 50 per cent of project costs for the advancement of manufacturing, electricity, transportation or buildings related innovations with the potential to reduce global greenhouse gas (GHG) emissions.

REMI Network

Crombie announces $193.3M deal with Oak Street

The transaction includes approximately 720,698 square feet of primarily free-standing grocery-anchored properties.

Canadian Apartment Magazine

Canada invests in deep energy retrofits at Edmonton residence

The Government of Canada announced it is investing $2.5 million towards clean energy upgrades at 59 Sundance Housing Co-operative in Edmonton.

Canadian Apartment Magazine

Investor interest in rental properties remains high

Altus Group released its latest Housing Report, indicating investor interest in rental remained high in 2018. Almost 1,100 rental properties comprised of over 40,000 suites were sold in the markets tracked.

REMI Network

Invesque to acquire Commonwealth Senior Living

The transaction, which is subject to customary closing conditions, is expected to close in the third quarter of 2019.