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Calgary office market to see slow recovery

The vacancy in Calgary’s office market has risen more than two per cent from Q1 2015, moving from 10.67 to 12.75 per cent in the Q2.

Canadian Property Management

BOMA Québec champions real estate innovators

Three winners emerged from BOMA Québec's inaugural Real Estate's Cleverest contest, devised in cooperation with L'Université du Québec à Montréal (UQAM) Ivanhoé Cambridge Chair in Real Estate.

REMI Network

Celestica to sell Toronto property to developers

Celestica has entered into a $137-million agreement to sell the property where its Toronto corporate headquarters and manufacturing operations are located.

REMI Network

Suburbs top performer in Q2 GTA office market

The suburban office market outperformed the downtown and midtown markets in the Greater Toronto Area (GTA) in the last quarter.
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REMI Network

Canada earns top spot for LEED green buildings

Canada has placed first on the U.S. Green Building Council’s (USGBC) Top 10 Countries for LEED list for the second year in a row.

REMI Network

Minto Westside introduces rental guarantee

For a limited time, Minto Westside has introduced a rental guarantee for anyone looking to invest in one of Toronto's hottest neighbourhoods. The offer assures owners a rental income of six per cent of the suite’s purchase price for two years, while also eliminating the need to hire a property manager or act as landlord.

Building Strategies & Sustainability

Systemic energy performance labels in progress

Building owners and operators are asked to submit data to help evaluate in-progress development of energy performance labels for pumps, fans and compressors, their motors and associated controls.

REMI Network

Historic Old Mill Toronto complex changes hands

Lark Hospitality has sold Old Mill Toronto to an asset and property management group directed by Etobicoke resident Frank De Luca.

REMI Network

Vacancy rates rise in Ottawa office market

Vacancy rates among Class A and B office buildings in Ottawa have continued to increase over the past six months to almost 6.5 per cent.

Canadian Apartment Magazine

Apartment construction surges in the U.S.

U.S. housing starts were up significantly in June with building permits surging to a near eight-year high. Up 9.8 per cent from May to an annual pace of 1,174,000 units, multi-unit buildings were the driving force behind the increase in construction activity.

Canadian Apartment Magazine

Boardwalk agrees to sell Windsor, ON, portfolio

Boardwalk Real Estate Investment Trust announced that it has entered into an agreement with a private REIT to sell its Windsor Portfolio for a total price of $136.2 million.

REMI Network

Fortress acquires Collier Centre project in Barrie

Fortress Real Developments has arranged to acquire the Collier Centre in Barrie, Ontario, a mixed-use building that began construction in 2012.

Canadian Apartment Magazine

FRPO proposes affordable housing action plan

In a recent post to members, the Federation of Rental-housing Providers of Ontario (FRPO) calls on the government to work in partnership with the rental housing industry to help stimulate investment in affordable housing.

REMI Network

Enercare acquires Triacta Power Technologies

Enercare Connections Inc., has acquired Triacta Power Technologies, which designs and manufactures advanced, utility-grade energy management meters.
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CondoBusiness

Canadian home sales dipped from May to June

The number of Canadian home sales tracked through local MLS Systems dipped 0.8-per-cent month-over-month in June, says the Canadian Real Estate Association.

REMI Network

Stalled economic growth worries central bankers

Bank of Canada Governor Stephen Poloz suggests the economy is now on two distinct growth tracks, but acknowledges that hits in the resource sector ripple out to other industries.

REMI Network

Ontario climate change award invites applicants

Climate change action champions are encouraged to apply for the 2015 Minister’s Award for Environmental Excellence.