Industry News
Canadian Apartment Magazine
CAPREIT acquires PEI portfolio
The Canadian Apartment Properties Real Estate Investment Trust has acquired a portfolio of properties in Charlottetown and Cornwall, Prince Edward Island.
Canadian Apartment Magazine
GTA condo rentals up in third quarter
About 25 per cent more condos were rented through the Toronto MLS system in the third quarter of 2013 compared to the same period last year.
Canadian Apartment Magazine
B.C. multi-family investment market slipping
A new report says British Columbia’s multi-family residential market is starting to slide.
Canadian Apartment Magazine
Renos planned for Prince Albert housing project
The Governments of Canada and Saskatchewan are partnering to invest in the renovation of Pineland Apartments, a rental housing project in Prince Albert.
REMI Network
True North Apartment REIT buys two properties
True North Apartment REIT has acquired properties in Trenton, Ont. and Montreal for $10.7 and $12.3 million respectively.
Canadian Apartment Magazine
Prestigious Properties buys Edmonton building
Prestigious Properties recently completed one of Edmonton's largest multi-family building transactions this year with the purchase of a 71 unit apartment for $10.65 million.
Canadian Property Management
Montreal’s rising commercial tax rates
For the second year, Montreal’s commercial tax rate increased, despite most other Canadian cities lowering realty taxes to encourage growth.
Canadian Property Management
GTA office vacancy rate hits record low
Despite signs the Greater Toronto Area (GTA) office market is softening, vacancy rates are continuing to drop.
Canadian Property Management
Ambitious development to transform Halifax
Robin Halifax Holdings Ltd. has unveiled plans to transform an entire city block in Halifax into a 500,000-square-foot mixed-use development.
Canadian Property Management
Ivanhoe Cambridge buys stakes in NYC office
Ivanhoe Cambridge has acquired a 51 per cent managing member interest in an office building in New York City.
Canadian Property Management
Delta unveils new hotel in downtown Toronto
Delta Hotels and Resorts unveiled its newest hotel at a topping off event Oct. 8, which marked the completion of the Delta Toronto at Southcore Financial Centre’s 46th floor.
Canadian Property Management
Commercial real estate market remains strong
Despite rising interest rates, commercial real estate activity has not slowed in Canada or the U.S., says Avison Young.
CondoBusiness
Alberta launches new dispute resolution process
The Alberta government has launched a new dispute resolution process to better protect condominium owners.
CondoBusiness
Massey Tower wins big at OHBA awards
MOD Developments Inc.’s Massey Tower was the big winner at the Ontario Home Builders’ Association's (OHBA) Awards of Distinction.
CondoBusiness
Site plan delays costly to condo industry: report
The delay of site plan approval in Ontario is not only costly for developers but also has a significant financial impact on condo buyers, according to a report by the Ontario Association of Architects (OAA).
CondoBusiness
Canadian housing market records Q3 price gains
The average price of Canadian homes increased in the third quarter of 2013, according to Royal LePage.
Canadian Property Management
Marriott to operate 3 Civic Plaza hotel
Surrey's 3 Civic Plaza will be home to a high-end Marriott hotel. The announcement was made Oct. 8, by Delta-based developer Century Group.





