REMI Network - Industry News
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Industry News

CondoBusiness

Toronto condo rental supply to exceed demand

The supply of Toronto condo units for rent will exceed demand by about 1,000 homes per year, according to a new report.

CondoBusiness

World Housing uses condo proceeds for charity

A new program from World Housing is asking condo developers to donate money from unit sales to build housing for international communities in need.
REMI

CondoBusiness

Canadian housing market is overvalued: Report

The Canadian housing market is overvalued by about 20 per cent, according to recent analysis from Fitch Ratings.

CondoBusiness

New mixed-use project in Quebec City on the way

A new mixed-use project in Quebec City will feature condos, renal units and commercial space. The development, dubbed Project QB, will begin in summer 2014.

CondoBusiness

Expert attributes smaller condo sizes to HST

In a recent radio interview on AM640, RealNet president George Carras identified a growing trend in smaller condo sizes throughout the Greater Toronto Area.

Canadian Property Management

Downtown Toronto office sector softens

The fourth quarter of 2013 ended with the downtown Toronto office sector seeing its poorest results since 2003, according to a report from Avison Young.

Canadian Property Management

Roots Canada investing in flagship locations

Roots Canada has committed several million dollars for major changes in three Canadian flagship stores in Toronto and Vancouver.

Canadian Property Management

Sobeys to sell 30 stores in western Canada

Sobeys Inc. has entered into purchase and sale agreements that will see the company sell 30 stores in western Canada.

Canadian Property Management

AHIP acquires hotel portfolio for $37.1 million

Vancouver-based American Hotel Income Properties REIT LP (AHIP) entered an agreement to acquire a portfolio of four Virginia hotels for $37.1 million U.S.

Building Strategies & Sustainability

Guelph to build city-wide district energy network

New heating and cooling systems at Guelph, Ont.'s Sleeman Centre are part of the City's plan to build North America’s first city-wide district energy network.

Building Strategies & Sustainability

OAA brings 2030 Challenge to Canada

The Ontario Association of Architects is bringing the 2030 Challenge to reduce greenhouse gas emissions to Canada, starting with a professional series.

Building Strategies & Sustainability

Sustainable Communities Award winners named

The Federation of Canadian Municipalities (FCM) has announced the winners of the Sustainable Communities Awards.

Building Strategies & Sustainability

Plan to reduce health care energy use launches

A new initiative aimed at reducing energy use in the Ontario’s health care sector has launched.

Building Strategies & Sustainability

Le Vistal II receives LEED Gold certification

Le Vistal II building on Montreal’s Nuns’ Island has received Leadership in Energy and Environmental Design (LEED) Gold certification from the CaGBC.

Construction Business

Alberta to be Canada’s fastest growing economy

Alberta will have the fastest growing provincial economy in 2014 according to the Conference Board of Canada.

Construction Business

Vancouver airport luxury mall underway

Construction has begun on the new 35,000-square-metre luxury goods mall at the Vancouver International Airport.

Construction Business

B.C. Children’s Hospital redevelopment planned

Affinity Partnerships has been selected as a preferred proponent for the new Acute Care Centre at the B.C. Children’s Hospital and B.C. Women’s Hospital.