InnVest Real Estate Investment Trust (InnVest) has completed its acquisition of the Hyatt Regency Vancouver for $140 million, or $217,000 per room. Edward Pitoniak, InnVest’s

LaSalle Investment Management has sold a large Canadian industrial portfolio comprised of seventeen light industrial assets. Located across Ontario, Alberta and Quebec, the properties total

Memorial University, Newfoundland and Labrador’s only university, has just opened a new offshore research and development centre, known as the Suncor Energy Offshore Research and Development Centre. The $6.8-million facility expands an existing engineering building to include an additional 14, 208 square feet of research space.

The new 250,000-square-foot Faculty of Social Sciences building at the University of Ottawa, designed by Diamond Schmitt Architects and KWC Architects, has earned three design awards. The facility received an Institutional Building Award at the Ontario Concrete Awards, an Interior Wood Design Award from Ontario Wood WORKS!, and an Interior Green Wall Award of Excellence at CitiesAlive, the Green Roofs for Healthy Cities conference.

The Manitoba government is moving forward with proposed legislative changes to create a special planning area (SPA) for CentrePort Canada—the country’s only Foreign Trade Zone

Ontario's top landlords and property managers were once again recognized for achievement at this year's FRPO MAC Awards Gala.

In the same week, the Metro Toronto Convention Centre (MTCC) received a LEED Gold certification from the Canadian Green Building Council (CaGBC) and a Sustainable Tourism Award from the Tourism Industry Association of Ontario (TIAO). The LEED Gold certification was achieved for the MTCC’s south building in the Existing Building: Operations & Maintenance category, making the facility one of the first Canadian convention centres to earn the recognition.

In partnership with the USAA Real Estate Company, Madison Realty Capital (MRC) has announced plans for a $88.5-million multifamily development in Brooklyn, N.Y. The project will include an eight-storey, 191-unit apartment building with studio, one- and two-bedroom residences and ground floor retail space.

The Fonds immobilier de solidarité FTQ and the the Association des groupes de ressources techniques du Québec (AGRTQ) have established a new $15-million community housing fund, known as the Fonds d'acquisition Québécois. The fund will ensure safe and affordable housing for low and modest-income Quebec families, marginalized individuals, troubled youths, seniors and persons with disabilities.

The School of Sustainable Design Engineering at the University of Prince Edward Island (UPEI) has received a commitment of $16-million in government investments from the province. A new state-of-the-art engineering building will require $12-million in development funding while the remaining $4-million will go towards operating costs for the new engineering degree.

After a cyber-intrusion halted access to the National Research Council of Canada’s (NRC) codes and code guides online library, including national building, fire, plumbing, energy

A $68-million Investment in Affordable Housing (IAH) agreement has been reached with the federal government and the Government of Newfoundland and Labrador. The funding, delivered through an extension to the existing IAH agreement, will be distributed through the Newfoundland and Labrador Housing Corporation (NLHC) over the course of five years.

The 2014 Property Management Association's Apartment Community Excellence (PACE) Awards, recognizing excellence in multi-family residential management, saw Equity Management communities win several honours, including Best Affordable Community and Best Affordable Senior Community. The property management firm, which specializes in affordable housing, won awards for five rental communities in Washington, Maryland and Virginia.

The Urban Development Institute Pacific Region (UDI) has announced the winners of the 2014 UDI Awards for Excellence, honouring B.C.’s real estate industry. “The UDI

A new global standard for measuring property, called the International Property Measurement Standard for Offices (IPMS for Office Buildings), was recently launched in an effort

Edward Pitoniak is the new president and acting chief executive officer of InnVest Real Estate Investment Trust (InnVest), beginning December 1, 2014. Since April, Pitoniak

Toronto’s Direct Energy Centre, located at Exhibition Place, has been awarded LEED Gold certification for Existing Buildings: Operations and Maintenance. This achievement makes the facility one of the first convention centres, nationwide, to receive the Canada Green Building Council (CaGBC) distinction.