REMI Network - Industry News
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REMI Network

Global flooring market set to see steady growth : report

The global flooring market is anticipated to reach $450 billion by 2026, according to a report by Transparency Market Research (TMR).

REMI Network

Survey says: Rent in Toronto highest in Canada

A new report from Rentals.ca reveals that rent in Toronto is the highest in Canada for one- and two-bedroom apartments, while Ontario is still the most expensive province.

Canadian Property Management

Bull market to continue in Canadian commercial real estate: report

Industrial vacancy is expected to edge lower in 2019, according to Avison Young’s 2019 North America, Europe and Asia Forecast.

CondoBusiness

National housing starts trend declines in December

The trend in housing starts was 206,981 units in December 2018, down from 212,338 units in November 2018, according to CMHC.

REMI Network

RIU Hotels & Resorts opening first hotel in Canada

RIU Hotels & Resorts has announced the construction of a hotel in Toronto. The Spanish company intends to invest around $100-million in the project.

Canadian Apartment Magazine

Ontario proposes changes to Greater Golden Horseshoe growth plan

The Ontario government has proposed changes to the Growth Plan intended to help increase housing supply, attract investment and protect jobs in the Greater Golden Horseshoe.

Canadian Property Management

Canadians join select slate of ASHRAE Fellows

Arthur Irwin's peers conveyed one final honour, as he was elevated to the special category of ASHRAE membership recognizing exceptional contributions to the HVAC industry and a sustainable built environment.

Canadian Property Management

Deep energy retrofit a winner for Olympic Park

An overhaul of the aging thermal plant combined with other system and equipment upgrades delivered a 31 per cent cut in energy use and a 57 per cent reduction in greenhouse gas emissions.

REMI Network

Stories to watch in 2019

The REMI Network's editorial team takes a look at last year's top stories and how they will continue to impact the commercial real estate industry in 2019.

REMI Network

Menkes invests in restoration of 320 Bay Street

Menkes, alongside TD Greystone Asset Management (TD Greystone), has announced the acquisition of an interest in 320 Bay Street, a heritage building in Toronto's Financial District.

Canadian Apartment Magazine

Alignvest purchases Ottawa student residence

Alignvest Student Housing Inc. announced it has entered into a contract to purchase a new student housing property in Ottawa, known as "The Annex".

Canadian Apartment Magazine

Starlight and Homestead acquire two rental properties

Starlight Investments and Homestead Land Holdings announced they have jointly purchased two multi-residential apartment complexes for $241 million.

Canadian Apartment Magazine

Firm Capital Property Trust acquires Dartmouth rental building

Firm Capital Property Trust announced it has acquired a multi-residential building consisting of 69 units located in Dartmouth, Nova Scotia.

CondoBusiness

New Alberta condo rules to increase transparency

The Province of Alberta is launching new condo rules that will increase transparency and improve condominium governance in the province.

CondoBusiness

GTA condo sales fall 24 per cent in November

There were 2,454 condo apartment sales in the GTA in November, a decline of 24 per cent compared to November 2017, reports BILD.

Canadian Property Management

Partners REIT sells 11 Quebec retail properties

Partners REIT announced it has found buyers for its 11 Quebec retail properties, the transaction is expected to close early in the second quarter of 2019.

CondoBusiness

Housing affordability to erode further in 2019: RBC Economics

This year is unlikely to provide substantial housing affordability relief, reports the latest Housing Trends and Affordability report from RBC Economics.