Industry News
Canadian Facility Management & Design
More reinvestment in municipal buildings urged
The 2016 Canadian Infrastructure Report Card concludes that seven of eight surveyed asset categories are in declining condition based on the reported level of reinvestment in upkeep.
Building Strategies & Sustainability
P3s figure in high-performance public buildings
Canadian governments' standardized approach to public-private partnerships (P3s) is considered a model to emulate in the United States, where strategists are examining ways to boost that country's stock of high-performance public buildings.
Canadian Property Management
2015 dishes up divergent vacancy and rent trends
Calgary experienced the steepest slide over 2015, while Toronto emerged on an upswing and 2016 growth projections favour Vancouver.
CondoBusiness
TREB raises tax fairness at budget committee
The Toronto Real Estate Board (TREB) issued a news release Tuesday stating that it would appear before the city’s budget committee to press for fairness in taxation.
Canadian Property Management
Open office format mainly a for-profit trend
Easy access to public transit tops the list of preferred attributes for office location among 50 non-profit organizations recently surveyed about workplace needs and priorities.
REMI Network
Alt Hotel to open in St. John’s, Newfoundland
Group Germain Hotels has announced it will be opening an Alt Hotel in St. John's, Newfoundland in 2017.
REMI Network
PortsToronto unveils first sustainability report
Waste reduction, noise mitigation and further investment in Toronto’s waterfront community are a few key areas of interest for PortsToronto this year.
Canadian Apartment Magazine
Multi-residential cap rates inch up in Calgary
Calgary trends pushed the national average higher in the fourth quarter of 2015, but multi-residential cap rates remain generally lower than other property types.
REMI Network
Avison Young acquires U.K.’s North Rae Sanders
Avison Young has acquired North-Rae Sanders, a U.K.-based commercial property provider.
Canadian Apartment Magazine
Canadian investors shun student housing
Student housing appears to be a negligible factor in Canadian investment strategies for 2016, even though interest in the multi-residential sector remains strong.
CondoBusiness
2015 luxury real estate sales surged in key cities
Markets in the Greater Toronto Area and Vancouver had a record year for residential real estate over $1 million in 2015, with the most significant
Building Strategies & Sustainability
Montreal firm wins ASHRAE Technology Award
Nicolas Lemire, president and principal of the Montreal based engineering firm, Pageau Morel and Associates, has been named one of five North American recipients of an ASHRAE Technology Award for innovative building design.
Canadian Apartment Magazine
Park Lawn and Mattamy enter joint venture
Park Lawn announced it has entered a joint venture with Mattamy Development Corporation for the development of the property at 57 Linelle Street, Toronto.
REMI Network
Canderel & Fiera acquire Markham office asset
Canderel and Fiera Properties have acquired a 550,000 square-foot office building in Markham, located on a 40-acre site at 3500 Steeles Avenue East.
REMI Network
B.C. enforces GHG reporting and compliance act
As of January 1, 2016, the new Greenhouse Gas Industrial Reporting and Control Act (GGIRCA) is expected to be enforced in British Columbia.
REMI Network
Avison Young acquires Metrix Realty Group
Avison Young has acquired Metrix Realty Group (Ontario) Inc., a Toronto-based property appraisal company, adding 18 employees to its operations team.
Canadian Apartment Magazine
Pure Multi-Family REIT sells Texas property
Pure Multi-Family REIT announced the successful and profitable sale of Windsong Apartments located in Dallas, Texas, for gross proceeds of US$22.0 million. Windsong is comprised




