Retail

Yonge Sheppard Centre

Canadian Property Management

Long-awaited revival of Yonge Sheppard Centre

A scurry of people is criss-crossing paths in the newly renovated Yonge Sheppard Centre in North Toronto.
multi-site facilities industry Connex

Facility Cleaning & Maintenance

Six trends to impact retail multi-site FM industry

Connex, the authority on retailers, multi-site healthcare facilities, entertainment facilities, banks and suppliers provides a breakdown of the meta-trends impacting retail facilities management.
Choice Properties

REMI Network

Choice Properties selling $426M portfolio

The transaction is scheduled to close on September 30, 2019.
retail projects USGBC

Canadian Property Management

Canada ranks second for LEED-certified retailers

USGBC has released its LEED in Motion: Retail report, which highlights retail facilities that incorporate LEED and other sustainability practices.
retail appraisals

Canadian Property Management

Deal values stay in line with retail appraisals

Transaction data from 2018 direct sales does not validate grumbling about the dissonance between REIT pricing and the appraised values of retail properties.
Global Property Index

Canadian Property Management

Canada inconspicuous in Global Property Index

The 2018 total return on Canadian real estate assets was in the back half of the pack among 25 national markets, but Canada is part of a smaller group of 12 that can boast an improvement over 2017 results.
BOMA International centre stage

Canadian Property Management

Canadians on BOMA International centre stage

Canadian real estate had a winning presence again this year at the annual Building Owners and Managers Association (BOMA) International conference and expo.
MLA Langley

REMI Network

H&R sells The Atrium for $640 million

Closing is expected to occur on or about June 6, 2019.
Choice Properties

Canadian Property Management

Epic Investment Services and MDC Group merge

Epic and MDC first partnered in 2008 to have greater reach in Western Canada.
infrastructure

Facility Cleaning & Maintenance

PRSM rebrands as Connex

The rebranding announcement was made by Bill Yanek, Connex CEO, during the Connex 2019 National Conference held in Denver, Colo.
Fortress Real Developments

Canadian Property Management

Plaza closes on property in Cambridge, Ontario

Plaza Retail REIT (Plaza) announces the purchase of Tri-City Centre in Cambridge, Ont. The 197,000 square foot centre is located in the heart of the main
Clinton Keay_ColourSq945x514

Canadian Property Management

Clinton Keay to join Crombie REIT

Crombie Real Estate Investment Trust (Crombie REIT) announced that Clinton Keay is joining the company as the chief financial officer and secretary.
2018 investment returns

Canadian Property Management

Some drag in buoyant 2018 investment returns

A surging industrial sector helped to counterbalance slipping retail values and push up 2018 investment returns on Canadian commercial real estate.
clean-945x514

Facility Cleaning & Maintenance

PRSM releases best of janitorial practices report

PRSM has released the Best of Janitorial Practices to help retailers reduce expenses and operate more efficiently.
shaking-hands945x514

Canadian Property Management

Crestpoint and Anthem acquire Victoria’s Tillicum Centre

Crestpoint Real Estate Investments and Anthem Properties have purchased the Tillicum Centre in Victoria for $110 million.
CentreMall945x514

Canadian Property Management

Morguard to invest in The Centre Mall upgrade

The Centre Mall in Saskatoon is getting a $43 million makeover with an investment from Morguard.
megaparc945x514

Canadian Property Management

Quebec City mall reopens $52 million amusement park

Méga Parc at Galeries de la Capitale shopping centre in Quebec City is the second-largest indoor amusement park in Canada.