Retail

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.
EllisDon senior

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
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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.
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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.
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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.
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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.
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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.
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Canadian Property Management

Partners REIT sells 11 Quebec retail properties

Partners REIT announced it has found buyers for its 11 Quebec retail properties, the transaction is expected to close early in the second quarter of 2019.
NEWSWIRE/STAPLES

Canadian Property Management

Staples Canada introduces new concept store

Staples Canada has rebranded as the Working and Learning Company and has launched its first new concept store in Kirkland, Quebec
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REMI Network

MUJI to reopen flagship store in downtown Toronto

Japanese retailer, MUJI, will be reopening its original Toronto location on Dundas Street on November 23.
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REMI Network

Burlington Centre celebrates two milestones

On Oct. 27, 2018 RioCan's Burlington Centre marked it's $60-million makeover with a grand re-opening. The shopping centre's celebration coincided with its 50th-anniversary.
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REMI Network

Five trends to impact retail facilities management in 2019

The top trends driving the facilities management industry identified in the PRSM 2019 Trends Report include the growth of mixed-use retail, batteries in energy management, the increased number of restaurants and medical services in retail spaces, and blockchain technology.