REMI Network - Industry News
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Brokerage to end dual listing on TSX and NASDAQ

CondoBusiness

Brokerage to end dual listing on TSX and NASDAQ

The Real Brokerage Inc. cites “minimal trading volume” in return for duplicate administrative expenses in the decision to voluntarily delist from the TSX.
InnVest Hotels executes two summertime deals

Canadian Facility Management & Design

InnVest Hotels executes two summertime deals

The sale of the Ottawa Marriott Hotel follows InnVest's recent acquisition of the historic St. Andrews-by-the-Sea resort in New Brunswick.
Hamilton

Canadian Apartment Magazine

Canada announces investment in Hamilton housing projects

A joint investment of nearly $64 million from the Government of Canada and the City of Hamilton will go towards the building and repair of critical housing units in Hamilton.
home sales

Canadian Apartment Magazine

Great Gulf Group launches single-family rental division

Great Gulf Group has launched Beacon Residential, a new purpose-built, single-family rental division with 16 communities currently underway.
ASHB now carries banner for smart connectivity

Canadian Property Management

ASHB now carries banner for smart connectivity

The Continental Automated Buildings Association will now be known as the Association for Smarter Homes and Buildings (ASHB), with a continued mandate to promote technologies for connectivity and efficient operations.
CRE interests attached to rebranded portfolios

Canadian Apartment Magazine

CRE concerns attached to rebranded portfolios

Housing gets top billing in a newly renamed portfolio, while accessibility issues are now aligned with the Ministry of Diversity, Inclusion and Persons with Disabilities.
Oxford expands C-suite and executive committee

Canadian Property Management

Oxford expands C-Suite and executive committee

Oxford Properties has named two new C-suite appointees, including its first-ever Chief Investment Officer, and five new executive committee members.
Canadian rents undercut U.S. tech hub averages

Canadian Apartment Magazine

Canadian rents undercut U.S. tech hub averages

Canada’s leading tech hubs boast lower rental housing costs and narrower average rent-to-earnings ratios than most of their rivals in the United States.
stantec clean energy

Construction Business

VCC moves forward with clean energy centre

Vancouver Community College (VCC) is moving forward with its new Centre for Clean Energy and Automotive Innovation.
More prominent sponsors join CRE's global DEI survey

Canadian Property Management

Prominent sponsors join CRE’s global DEI survey

An expanded list of industry associations has signed on for the 2023 global survey of diversity, equity and inclusion (DEI) in commercial real estate, more than doubling the slate of sponsors from two years ago.
Alberta to probe regulated electricity rate

Canadian Apartment Magazine

Alberta to probe regulated electricity rate

Alberta’s regulated electricity rate has been flagged for possible elimination in a newly released list of priority tasks for the Minister of Affordability and Utilities, Nathan Neudorf.
Office attendance rates flout employer decrees

Canadian Facility Management & Design

Office attendance rates flout corporate decrees

More than 55 per cent of respondents to CoreNet Global’s July 2023 survey report that corporate personnel are not fully complying with directives to return to the office.
GTA condos

Canadian Apartment Magazine

Rents for GTA condos rose 12.6% in Q2

Q2 rental market data reveals that the annual rate of rent growth for vacant GTA condos was 12.6%, pushing rents to a record high average of $2,803.
digital justice system

Canadian Apartment Magazine

Ontario invests $166 million in digital justice system

Ontario announced it is one step closer to a digital justice system that will help people resolve legal matters easier and faster.
Oshawa

REMI Network

Work begins on net-zero ready community in Oshawa

The net-zero ready abodes will emit 85 per cent less emissions once complete and include multi-generational housing.
renter income

Canadian Apartment Magazine

Canada’s average asking rents hit record high in June

Average asking rents in Canada hit a record high of $2,042 in June, surpassing the previous record set in November 2022 by 0.9 per cent.
M City

REMI Network

Designs reveal remaining towers for M City

Designs for the final three remaining towers in Mississauga’s multi-billion-dollar M City development were recently unveiled.