Industry News
Canadian Apartment Magazine
National average rent eclipses September 2019 peak
The national average rent reached $1,959 in August, topping the September 2019 peak by a few dollars according to the latest National Rent Report.
REMI Network
Condos kick-start Cloverdale Mall redevelopment
A condo development will kick-start QuadReal’s Cloverdale Mall reboot. Mattamy Homes plans to build on a standalone 2.3-acre site at 2 and 10 The East Mall Crescent.
Canadian Apartment Magazine
Wrongs to legacy tenant inflate renovation tab
Flouting requirements to re-house a legacy tenant has added more than $40,000 to a Windsor landlord’s apartment renovation tab.
REMI Network
BOMA Canada honours CRE industry stars of 2022
On September 15, 2022, BOMA Canada proudly celebrated the best of the CRE industry in person for the first time since 2019 at the National Awards Gala in Charlottetown, PEI.
Canadian Property Management
REIT acquires four Alberta business parks
The $309-million deal is the largest yet for Skyline Industrial REIT, securing it 16 buildings and nearly 130 acres of land in Calgary and Edmonton.
Canadian Apartment Magazine
Centurion announces pending Ottawa apartment acquisition
Centurion Asset Management Inc. announced the pending acquisition of an Ottawa apartment complex in the city’s Overbrook neighbourhood.
Canadian Apartment Magazine
Starlight Investments acquires 10 Ontario assets
Starlight Investments announced it has completed the acquisition of 10 Ontario assets located in Ottawa, Kingston, London and Welland.
Canadian Property Management
Rising interest rates alter slant on CRE values
Rising interest rates have Canadian commercial real estate players adjusting their expectations about cap rates and internal rates of return.
REMI Network
H Mart will anchor M2M community in North York
Aoyuan International’s upcoming M2M mixed-use community of nearly nine acres in North York will welcome Asian supermarket H-Mart as its anchor tenant.
Canadian Apartment Magazine
Vancouver rental housing crisis deemed municipal election priority
LandlordBC, BC Housing, and Chard Development are hosting an educational event for mayoral candidates to discuss the Vancouver rental housing crisis ahead of the October election.
Canadian Apartment Magazine
Offshore single-family rental REITs sidelined
A two-year prohibition on foreign investors acquiring single residential dwellings, duplexes or triplexes is set to begin January 1, 2023.
REMI Network
Canada offering $64 million for accessibility upgrades
Organizations have until November 1, 2022, to apply for a new round of funding that focuses on infrastructure improvements that boost disability inclusion and accessibility.
Construction Business
Squamish Nation housing project breaks ground
The federal government is providing a $1.4-billion loan to the Squamish First Nation to build 3,000 homes on traditional lands in Vancouver.
Canadian Property Management
Atlantic Canada markets reflect national trends
Atlantic Canada markets were in sync with nationwide trends during the first half of 2022 with a tightening supply of warehouse space and loosening office vacancies.
Canadian Apartment Magazine
Adera launches two mass timber projects in Vancouver
Adera Development Corporation announced it is bringing two mass timber residential developments to the Vancouver market, with construction set to begin this fall.
REMI Network
New on-campus housing opens at UVic
An eight-storey student-housing building with 385 beds has opened at the University of Victoria, offering more living arrangements in a city with one of the lowest rental vacancy rates in the province.
REMI Network
Standard will assess carbon across whole building life cycle
ASHRAE and the International Code Council are developing a standard to assess carbon emissions across the entire building life cycle.



















