Industry News
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.



