Industry News
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.



















