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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.