REMI Network - Industry News
REMI

Industry News

Ottawa sees revived proposal for downtown arena

Canadian Facility Management & Design

Ottawa sees revived proposal for downtown arena

In keeping with the team’s rebuild, the Ottawa Senators are bringing a new roster of development players to this revived proposal for a major downtown sports facility.

REMI Network

Toronto basketball court revitalization project launches 

Basketball courts in Toronto are tagged a refurbishment priority as part of a new initiative between Lifetime Developments and adidas Canada.
buyer

REMI Network

GTA new home market quiet in May

Total May new home sales of 2,549 units were down 40 per cent from May 2021 and 26 per cent below the 10-year average.
housing system

Canadian Apartment Magazine

New report details steps to restore housing affordability

To achieve housing affordability for everyone in Canada by 2030, CMHC estimates the country will need an additional 3.5 million units.
housing market

Canadian Apartment Magazine

Survey reveals impacts of market conditions on renters

A new survey from Canada Life reveals the impacts current market conditions are having on renters and how it may affect their retirement planning.
Calgary

REMI Network

Anthem acquires 95-acre industrial site in Calgary

The former site of a welded steel pipe manufacturing facility will be turned into a multi-phase business park with facility options for small- to medium-format occupiers, along with ancillary retail components.
carbon

Canadian Property Management

Brookfield eager to deploy decarbonization fund

More than a hundred institutional investors worldwide have put up capital for what’s now the world’s largest private fund targeting investments aligned with achieving net-zero carbon.
homeownership

REMI Network

Majority of Ontarians feel priced-out of own towns

A new study found 54 per cent of parents are not planning on helping their children buy a future home.
Forest Hill

REMI Network

Largest mixed-use Forest Hill project in the works

Forêt will be the largest mixed-use project to rise in Forest Hill —a neighbourhood with an aging population potentially looking to downsize.
environmentally friendly offices

Facility Cleaning & Maintenance

Employees expect environmentally friendly offices

Six in 10 workers surveyed feel their office is "shamefully eco-unfriendly"

Canadian Apartment Magazine

Canada’s Affordability Plan includes one-time renter payment

The federal government is providing a one-time payment of $500 to nearly one million low-income Canadians as part of the new Affordability Plan.
CDPQ to back decarbonization fund for U.S. CRE

Canadian Property Management

Retrofit aggregator tapped for GTHA region

Efficiency Capital, an offshoot of The Atmospheric Fund, will serve as a retrofit aggregator for Canada Infrastructure Bank’s $2-billion Commercial Building Retrofit Initiative.
Slate Asset Management acquires Presima

Canadian Property Management

Slate Asset Management acquires Presima

The deal adds $1.1 billion in assets to Slate’s investment management holdings and heightens its presence in the public markets, where Presima has carved out global REIT and ESG yield strategies.
Hines revs Canadian investment vehicle

Canadian Property Management

Hines revs Canadian investment vehicle

Hines is targeting Toronto, Montreal, Vancouver and Calgary for up to CAD $2 billion in high-profile real estate acquisition and development opportunities.
UBC biomedical

Construction Business

New biomedical engineering facility for UBC

The School of Biomedical Engineering at UBC is getting a new home with a purpose-designed, state-of-the-art facility.
COWI

Construction Business

Vancouver approves Indigenous redevelopment

City of Vancouver has approved the Heather Lands project, the largest Indigenous-led redevelopment in the city.
Repeat winners figure in 2022 ENERGY STAR awards

Canadian Property Management

Repeat winners figure in ENERGY STAR awards

The 10 recipients of the 2022 ENERGY STAR Canada awards for existing commercial and institutional buildings represent a balance of new and old, with five repeat winners from last year.