Industry News
Canadian Facility Management & Design
T.O. pharmaceutical manufacturer to expand
As a result of a $2.085-million investment from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), a contract manufacturing and drug development research company in Toronto’s North York district will undergo renovations and an expansion. The company, Dalton Pharma Services (Dalton), will also provide $6.3-million in funding to finance the project.
REMI Network
Canada ties fourth for tallest new buildings
Three buildings in Toronto were among the world’s tallest new structures of 2014, pushing Canada to the top of a global list recently compiled by
Canadian Facility Management & Design
U of Ottawa expands and updates Heart Institute
The University of Ottawa’s Heart Institute is undergoing an expansion to better meet the needs of community members and enhance technological services. The expansion will establish an additional 147,000 square feet of space, including a four-storey state-of-the-art clinical addition. The existing facility is also being redeveloped.
REMI Network
Gupta Group buys T.O. site for mixed-use project
The Gupta Group/Easton Group has purchased a 3.2-acre parking lot located in Toronto at York Mills Road and Yonge Street, with plans to transform the
Canadian Apartment Magazine
Pure Multi-Family REIT sells Texas apartment
Canadian-based Pure Multi-Family REIT LP (Pure Multi) has completed the sale of a 408-unit Texas apartment for $27.95-million U.S. Located at 2015 Randy Snow Rd. in a submarket of Dallas-Fort Worth, known as Arlington, the Sunset Point Apartments (Sunset Point) community was constructed in 1983.
REMI Network
Milestone to acquire Kansas City apartment
The Ontario-governed Milestone Apartments Real Estate Investment Trust (Milestone) has agreed to purchase a 280-unit multi-family apartment community in Kansas City, Missouri. The complex, known as The Manor Homes of Arborwalk (Arborwalk), will be purchased for $37.25-million U.S.
REMI Network
Ivanhoe Cambridge properties earn LEED Silver
Place Ville Marie and the World Trade Centre Montréal, two properties owned by Ivanhoe Cambridge, have both earned LEED Silver certification. Claude Sirois, co-chief operating officer and executive
CondoBusiness
Condo prices grow across Canada: survey
In the fourth quarter of 2014, average home prices for most real estate markets across the country indicated healthy year-over-year gains, according to the latest Royal LePage (RLP) House Price Survey. The average price of a Canadian home increased between 4.5 per cent and 6.7 per cent from the same period in 2013. Condominiums saw a 4.5 per cent gain in pricing, reaching an average of $257,624.
REMI Network
Jennifer Keesmaat picks T.O. City Resolve winner
One Torontonian has won a chance to sip coffee and talk livable cities with Jennifer Keesmaat, chief planner for the City of Toronto. The Urban
REMI Network
Greenest School in Canada competition launches
Elementary to secondary schools across the country looking to earn recognition for sustainable initiatives are eligible to enter the 2015 Greenest School in Canada competition.
Canadian Apartment Magazine
Multi-family sector adds $24-bil to Canada’s GDP
According to a report from the Real Property Association of Canada (REALpac), the Canadian multi-family sector contributes approximately $24-billion to Canada’s economy on an annual basis. This number includes revenue generated through construction, investments, ongoing maintenance and operations, and job creation.
REMI Network
Calgary Airport Marriot portfolio gets new owner
J.A.R & Sons Enterprises, an affiliate of Remai Group, has purchased the Calgary Airport Marriot portfolio from Mitchell Group Alberta. Located about eight kilometres from
REMI Network
Standards set to save buildings in Canada’s North
Canada has introduced new national standards in an effort to help mitigate the damaging effects of climate change on northern infrastructure. The Standards Council of
CondoBusiness
Luxury condo sales surge in 2014: Sotheby’s
When compared with data from 2013, sales of GTA homes over $1-million (luxury sales) grew by a staggering 38 per cent in 2014, says Sotheby's International Realty Canada (Sotheby’s). In an annual report, the real estate sales and marketing company found that, across several of Canada’s major real estate markets, luxury sales finished the year with positive year-over-year growth.
Construction Business
Iris Solutions selected for Biofuels Facility
Iris Solutions has been selected as the preferred proponent by the City of Surrey to finalize an agreement to design, build, partially finance, maintain and operate the Surrey Biofuels Processing Facility project.
REMI Network
T.O. condo rentals on the rise: Urbanation
According to the latest rental market survey from Urbanation Inc. (Urbanation), Toronto’s condo rental market broke records in 2014. Condominium apartments rented through the MLS system exceeded the previous year’s record, growing 15 per cent year-over-year, to 22,765 units.
REMI Network
SFI revises guidelines for sustainable forestry
The Sustainable Forestry Initiative (SFI) has introduced changes to its 2015-2019 Standards and Rules to improve sustainable forest management and better decision-making within the industry.




