The Russell Hill Road properties were the setting for 2013’s most notable apartment investment transaction to date.

Brookfield Asset Management Inc. has acquired 19 apartment communities with 4,892 units located in North Carolina, South Carolina and Virginia, for a total of $414 million from Babcock & Brown Residential.

Single-family home tenants are 18 per cent more likely than apartment tenants to stay in their current homes five years or longer, according to a new national opinion survey released by Premier Property Management Group ...

The average rental apartment vacancy rate in Canada’s 35 major centres increased to 2.6 per cent in October 2012, from 2.2 per cent in October 2011, according to Canada Mortgage and Housing Corp.’s (CMHC) fall rental market survey.

True North Commercial REIT has completed four acquisitions: two in Ottawa, and one each in Miramichi, N.B., and Toronto.

Located in the centre of downtown Toronto, Motion represents the largest assured rental housing project Concert Properties has undertaken to date. The 29-storey building at the corner of Bay and Dundas Streets is ideally situated, just steps from the Eaton Centre and the subway system.

The U.S. Department of Defense recently released the findings of an independent report on energy efficiency and sustainability standards used by the Pentagon for military construction. The report strongly affirmed the value of LEED certified high-performing buildings to America’s military and U.S. taxpayers.

Canadian commercial real estate delivered another strong performance in 2012, as measured by the REALpac/IPD Canada annual property index. The annual total return of 14.1 per cent continued Canada's strong performance. Real estate outperformed public equities (7.5 per cent), bonds (three per cent) and inflation ...

Triovest Realty Advisors and Intermarket Developments has announced construction of the Waterloo Corporate Campus is about to begin. The project is a mixed-use development that includes loft-like office space, medical offices, restaurants, corporate office buildings, a co-location data centre facility and retail space.

Toronto, Canada’s largest city and commercial real estate market, remains one of the healthiest in North America, according to a recent market report by Avison Young. With an office stock of approximately 170 million square feet, the vacancy rate across all building classes in the Greater Toronto Area (GTA) finished ...

Allied Properties REIT has entered an agreement to purchase the Vintage I and II office properties in Calgary. With these properties, Allied's Calgary portfolio will increase to 15 properties, with a total of approximately ...

The Intelligent Community Forum (ICF) recently announced its top seven intelligent communities of the year, with two Canadian cities making the list. The ICF gave the nod to two Ontario cities, Toronto and Stratford, due to their “information and communications technology,” which is the driving force of their economic growth.

Brookfield Canada Office Properties has released its 2012 fourth quarter and full-year results. Brookfield announced the net income for the year was $527.5 million ($5.66 per unit), compared to $355.4 million ($3.81 per unit) in 2011. Net income for the fourth quarter was $165.6 million, compared to $216.9 million during the ...

The British Institute of Facilities Management (BIFM) recently launched new training/competency qualifications for facilities managers. The new BIFM Level 3 qualifications in facilities management were approved by the industry’s sector skills council ...

The United States Green Building Council (USGBC) recently released its annual list of the top 10 states for new LEED (Leadership in Energy and Environmental Design) certifications in 2012.

The American Institute of Architects (AIA) recently selected the 2013 recipients of the Institute Honour Awards. The awards are considered one of the highest honours to receive in the industry.

Urbanfund Corp. has entered into a conditional purchase agreement with an arm’s length party for the acquisition of 10 per cent of an 1,870 unit multi-family residential portfolio located in Quebec City and Montreal.