Industry News
REMI Network
Report reveals what services “dark stores” prefer
New snapshot shares what building services and suppliers retail brands prefer using for daily maintenance.
REMI Network
Shahid Khan family buys Four Seasons Hotel Toronto
The Shahid Khan family has bought the Four Seasons Hotel Toronto for $225 million, the highest single asset price per room transaction in Canadian history.
Canadian Facility Management & Design
Calgary high school named Greenest School in Canada
The Career and Technology Centre at Lord Shaughnessy High School in Calgary, Alta., was named winner of CaGBC's Greenest School in Canada 2016 competition.
REMI Network
Grand opening for Oshawa Centre redevelopment
The $230-million expansion and redevelopment of Oshawa Centre, an enclosed shopping centre in the Durham Region of Ontario, is now complete.
CondoBusiness
Home renovation spending in Ontario is set to increase
Homeowners in Ontario are set to increase renovation spending, according to the latest Housing Market Insight from Canada Mortgage and Housing Corporation.
Construction Business
Pacific NorthWest LNG gets federal approval
The federal government has approved the massive $36 billion Pacific NorthWest LNG project in Prince Rupert, B.C. Led by Malaysia’s state-owned energy giant Petronas, the
CondoBusiness
National home sales fall for fourth consecutive month
Canadian home sales fell 3.1 per cent month-over-month in August 2016, making it the fourth consecutive month of sales declines, according to the CREA.
Canadian Apartment Magazine
New measurement standard for residential buildings
A new international measurement standard will soon offer more clarity and consistency to users of residential property services; for buyers, sellers, renters and investors.
REMI Network
Ontario care facilities get maintenance funding boost
Fifty nine community health organizations across Ontario will receive $4.1 million to repair and upgrade care facilities.
CondoBusiness
Four Seasons and Carbonleo partner on downtown Montreal project
Construction is currently underway on the Four Seasons Hotel and Private Residences on the vibrant de la Montagne Street in Montreal.
CondoBusiness
$1.5-bil M City development slated for Mississauga
Rogers Real Estate Development Limited has announced plans for M City, a $1.5-billion development slated for the western edge of downtown Mississauga.
REMI Network
PROREIT to purchase 12 commercial properties
PRO Real Estate Investment Trust (PROREIT) intends to purchase 12 commercial properties across Quebec and the Maritimes for about $63.3 million.
Canadian Apartment Magazine
Pure Multi-Family REIT sells Texas rental property
Pure Multi-Family REIT announced that it has entered into an agreement to sell Livingston Apartments, located in Plano, Texas, for gross proceeds of US $34.3 million.
Canadian Facility Management & Design
IFMA study finds global FM market is worth $1.12-tril annually
A new study from the International Facility Management Association (IFMA) estimates the worth of the global FM market to sit at US$1.12 trillion.
Canadian Apartment Magazine
CAPREIT acquires Halifax luxury apartment
CAPREIT announced it has completed the acquisition of "76 Place", a luxury apartment in Halifax, Nova Scotia, located in the prosperous Bedford South neighbourhood. CAPREIT paid $17.1 million for the property, financed with its Acquisition and Operating credit facility.
REMI Network
Air Canada begins work on new $90-mil hangar
Air Canada has started work on a new $90-million hangar project at Toronto Pearson Airport to support international expansion at its Toronto global hub.
CondoBusiness
B.C. appoints superintendent of real estate
British Columbia has appointed regulator and public sector leader Michael Noseworthy as the superintendent of real estate, effective Oct. 19, 2016.




