Industry News
REMI Network
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.
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.
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.





