REMI Network - Industry News
REMI

Industry News

RioCan REIT marks 30 years as public company

Canadian Property Management

RioCan REIT marks 30 years as public company

RioCan founder and chairman, Edward Sonshine, and other members of the senior leadership team ushered in the TSX trading day, January 19th, in celebration of the REIT's 30th anniversary.
green gables

REMI Network

A new vision for Green Gables Heritage Place

Parks Canada has developed the first stand-alone management plan for Green Gables Heritage Place in Cavendish, Prince Edward Island.
Year-end retail rents show little slippage

Canadian Property Management

Year-end retail rents show little slippage

Retail rents rose or remained steady across most formats during the second half of 2023 with slippage confined to a few street-based, downtown shopping districts in large Canadian cities.
Valhalla Village

Canadian Apartment Magazine

Valhalla Village Phase 1 kicks off in Etobicoke

Located at 300 the East Mall, the Valhalla Village project is a two-tower development featuring 494 rental homes for middle class families and individuals.
generational

REMI Network

Research uncovers risks of generational prejudice in the workplace

Beliefs about generational stereotypes create risks for organizations that rely on them for making talent decisions.
August rents

Canadian Apartment Magazine

Registered rental homes in BC increased by 30% in 2023

New data from BC Housing shows that a record number of purpose-built rental homes were registered in BC for the second year in a row.
rental market

Canadian Apartment Magazine

Average asking rents reach record high in 2023

Average asking rents for all property types in Canada increased by 9 per cent in 2023, reaching a record-high $2,178 in December
home sales

REMI Network

Many Canadians are serious about buying a home in 2024

Alberta has the highest proportion of potential homebuyers, a new survey suggests.
Industrial supply influx loosens Q4 market

Canadian Property Management

Industrial supply influx loosens Q4 market

Last year brought 9.5 million square feet of positive absorption alongside the delivery of 34.4 million square feet of newly constructed industrial space across 13 Canadian markets.
National office vacancy rate continues climb

Canadian Property Management

National office vacancy rate continues to climb

Toronto was a major contributor to the rising national office vacancy rate in the fourth quarter of 2023, which ticked up to 18.3 per cent despite positive absorption in Calgary, Edmonton, Vancouver, Ottawa and Halifax.

Canadian Apartment Magazine

New affordable housing project set to rise on Eglinton Ave. E

Civic Developments, Windmill Developments, and Co-operative Housing Federation of Toronto were announced as the development partners for a huge new housing project on Eglinton Ave. E.
LRT

Construction Business

Construction optimism high for 2024 in B.C.

Despite economic uncertainty both domestic and international, there is optimism in B.C.'s construction sector.
Christina Iacoucci promoted to BGO Canada helm

Canadian Property Management

Christina Iacoucci promoted to BGO Canada helm

Christina Iacoucci has been promoted to head of Canadian business at BentallGreenOak (BGO) and will also continue to serve as BGO’s chief investment officer in Canada.
embodied carbon

Construction Business

Burnaby implements new emissions standards

Burnaby's new standards for emissions reductions will meet the city’s long-term climate action goals.
Manitoba

REMI Network

Reusable hospital gowns lower GHG emissions most, finds study on PPE

The Canadian Coalition for Green Health Care led research on reusable personal protective equipment in an effort to identify opportunities for waste reduction and reuse across the health system.
Morguard

REMI Network

Morguard to divest hotel portfolio

Morguard announced plans to sell a portfolio of 14 hotels located across Ontario and Nova Scotia.
SIOR central Canada chapter inducts new leaders

Canadian Property Management

IREM backs women aspiring to career advancement

The IREM Foundation, the charitable arm of the Institute of Real Estate Management, is offering a 2024 scholarship to support women working towards professional certification.