Industry News
Canadian Facility Management & Design
IFMA earns ANSI accreditation and honours
The International Facility Management Association’s (IFMA) facility management credential program has earned an American National Standards Institute (ANSI) accreditation and seven commendations. ANSI accredited IFMA for their Facility Management Professional and Sustainability Facility Professional programs, both of which were described by ANSI as “world-class, gold-standard models of learning and development.”
Design Quarterly
Landmark Victoria hotel renovated by Hilton
One of Victoria's landmark hotels, Executive House, will re-open this spring as the new DoubleTree by Hilton Hotel and Suites Victoria following the completion of a multi-million dollar property-wide renovation
REMI Network
N.L. pledges to green government operations
The government of Newfoundland and Labrador plans to green its operations over the next five years with various initiatives, from increased waste diversion to improved
Canadian Apartment Magazine
Milestone REIT to acquire Orlando apartment
Heritage on Millenia (Heritage), a 303-unit multi-family apartment community in Orlando, Florida, will soon be acquired by the Ontario-governed Milestone Apartments Real Estate Investment Trust (Milestone). Heritage will be purchased for $40.0-million U.S. and is expected to be fully acquired by March 31.
REMI Network
Allied Properties announces senior promotions
Allied Properties will bid farewell to Wayne L. Jacobs, executive vice-president of acquisitions and asset management, who has decided to leave Allied to work with
Canadian Facility Management & Design
New Royal Alberta Museum enters construction
The new Royal Alberta Museum, a 419,000-square-foot development, has entered construction in downtown Edmonton, Alta. The facility, which will become the largest museum in western Canada, will feature over 82,000 square feet of exhibition space focused on the natural and human history of Alberta. It replaces and doubles the size of an existing facility, built in 1967.
REMI Network
Québec City adds prime EV charging station
Visitors of Place Québec in Québec City can now charge their electric vehicles (EV) in the parking lot of the shopping and business complex. The
Canadian Apartment Magazine
Starlight to acquire North Carolina apartment
The Ontario-governed Starlight U.S. Multi-Family Core Fund (Starlight) has entered an agreement to acquire a 176-unit apartment complex in Charlotte, North Carolina. Located at 9005 Post Canyon Lane, the LEED-Silver certified property, known as Belle Haven Apartments, will be purchased for approximately $26.4-million U.S.
REMI Network
Marriot to buy Delta Hotels and Resorts brand
Marriot International is set to become Canada’s largest full service hotel company with the impending purchase of the Delta Hotels and Resorts brand from British
CondoBusiness
New GTA condo sales up 51 per cent over 2013
According to Toronto condominium market analysts Urbanation Inc., a total of 21,605 new condominium apartments were sold in the Greater Toronto Area last year, making 2014 the third best year on record for new condo sales. The number represents a 51 per cent increase over 2013. Sales of existing condos grew 14 per cent, year-over-year, to a record 17,819 units.
Canadian Apartment Magazine
Ivanhoé Cambridge acquires 11 Calif. apartments
As part of an ongoing property aggregation strategy with partners Veritas Investments, Inc. (Veritas), Ivanhoé Cambridge has acquired 11 multi-residential properties in San Francisco, California. Together, the acquired properties represent a total investment of $190-million U.S. This brings the number of American properties jointly owned by the partners to 20.
REMI Network
Quebec City’s Place Ste-Foy plans for big revamp
Ivanhoé Cambridge is investing more than $50 million in Quebec City-based shopping centre, Place Ste-Foy. In the first phase of redevelopment, the money will fund
Canadian Facility Management & Design
$122.8-mil community centre opens in Clareview
A new 57,745-square-foot community centre has opened in Clareview, Edmonton. The $122.8-million project was financed by the City of Edmonton ($104.3-million) and the Government of Alberta ($18.5-million), through its Municipal Sustainability Initiative. The project was built to meet LEED silver standards through the incorporation of green roofs, energy-efficient mechanical and lighting systems, and reduced water consumption.
REMI Network
FCM to update Green Municipal Fund program
The Federation of Canadian Municipalities (FCM) is renewing its Green Municipal Fund (GMF) program, with updates taking effect on April 1, 2015. To balance the
REMI Network
Ontario projects receive environmental award
Nine environmental initiatives across Ontario received a Minister’s Award for Environmental Excellence at a recent ceremony in Queen’s Park. The award honours individuals, groups and
Canadian Facility Management & Design
T.O. hospital addition enters preconstruction
Toronto’s St. Michael’s Hospital (St. Michael’s) is adding a state-of-the-art 17-storey patient care tower, known as the Peter Gilgan Patient Care Tower, to its facilities and Bondfield Construction (Bondfield) has been selected to build it. Bondfield will also renovate approximately 150,000 square feet of existing space to expand the hospital’s Slaight Family Emergency Department and replace a 100-year-old wing.
Canadian Apartment Magazine
CAPREIT acquires Dublin apartment portfolio
The Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has acquired an apartment portfolio in Dublin, Ireland, consisting of 270 residential suites and 50,214 square feet of mixed-use commercial space. The Rockbrook Portfolio, which was purchased for € 87.3-million, is the first acquisition that CAPREIT has completed under the previously announced “Pipeline Agreement” with Irish Residential Properties REIT plc (I-RES).




