Industry News
REMI Network
District energy brings sustainable promise to Lakeview Village
A sustainable district energy system will soon transform the site of a former coal-burning power generating station into a green community.
REMI Network
GTHA new condo sales drop to near 30-year low
The Greater Toronto Hamilton Area new condo market reported 567 sales in Q3-2024, the lowest quarterly total since 1995.
Canadian Property Management
Canadian GRESB participation up again in 2024
Canadian participation in the GRESB global assessment and benchmark for the ESG performance of commercial real estate portfolios grew in step with worldwide trends in 2024.
REMI Network
New drone-based diagnostics tool in development
A game-changing new technology is in development that leverages drones and AI-based analytics to detect and diagnose building envelope defects.
Canadian Apartment Magazine
GWLRA set to bring more housing to Central Lonsdale
Following the successful completion of “The Bowline”, GWL Realty Advisors (GWLRA) has begun construction on a new property in the Central Lonsdale area of North Vancouver.
Canadian Property Management
Newfoundland to ease squatter’s rights claims
Longtime inhabitants have been promised a less onerous process to claim squatter’s rights and gain legal title to Crown lands in Newfoundland and Labrador.
Canadian Property Management
Rail infrastructure up for study in Winnipeg
Eminent Winnipegger Lloyd Axworthy will explore the feasibility of relocating the city’s rail infrastructure to open up strategic lands for housing and civic spaces.
Canadian Property Management
Slate Asset Management sheds office holdings
Slate Asset Management will sell its interest in an 11-building office portfolio located in midtown Toronto and Ottawa, in keeping with a sharpened focus on what it defines as “essential” real estate.
REMI Network
Canada’s annual rent growth slows to 2%
Average asking rents in Canada rose by 2.1 per cent in September, marking the smallest annual rent growth since October 2021.
REMI Network
Vancouver updates heritage register through reconciliation
Vancouver is improving its heritage register to better reflect reconciliation and various cultures.
REMI Network
Smaller-sized condos a favourite among investors
A greater amount of small condo units under 600 square feet are being used as investment properties in Toronto and Vancouver.
Canadian Property Management
New supply pads office and industrial inventory
More than 5.7 million square feet of office space and nearly 21 million square feet of industrial space have been newly delivered to the national market during the the first three quarters of 2024.
REMI Network
Competition Bureau investigating CREA’s conduct
The Competition Bureau obtained a court order for its ongoing investigation into CREA's potential anti-competitive conduct.
Canadian Apartment Magazine
More housing planned for Mississauga’s Lakeview Village
The City has approved a by-law outlining new community benefits and affordable housing requirements at the Lakeview Village mixed-use development.
Construction Business
CAGBC launches new carbon reduction program
The Canada Green Building Council (CAGBC) has created a new program for building professionals to learn more about approaches to decarbonizing buildings.
Canadian Property Management
Toronto landmark cracks BOMA BEST milestone
Royal Bank Plaza, a two-tower complex known for its elegant gold-tinted façade and venerable Bay Street address, has propelled the BOMA BEST program past 1 billion square feet of certified space.
