Retail
Canadian Facility Management & Design
Liquor store sell-off nears end in Saskatchewan
Significantly more revenue has been raised through the auction of the retail permits associated with the stores than from the sale of the properties themselves.
REMI Network
Study explores how worker turnover propels talent drain
The manner in which top performers leave their jobs can cause various levels of disruption within a workplace, including a potential snowball effect that involves the turnover of multiple quality employees.
Canadian Property Management
Department store drain continues
Nordstrom Canada’s sudden swoosh into the department store drain will leave empty anchor space in some of the country’s top-performing and most prestigious regional malls.
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.
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.
REMI Network
Staples Studio’s first co-working location opens in Alberta
Staples Canada opened its newest working and learning store in Calgary's University District neighbourhood, marking Staples Studio's first co-working location in Alberta.
Canadian Property Management
Food-anchored retail tops CRE investment menu
Food-anchored retail plazas remain a staple on the commercial real estate menu, again emerging as the preferred asset type in Altus Group’s survey of Canadian investment trends in Q2.
CondoBusiness
Private homes preferred for cannabis use
More than 90 per cent of survey respondents confirm that they typically use non-medical cannabis in their own homes, while 46 per cent use it in other people’s homes.
Canadian Property Management
Cap rates open up in Q2
Cap rates opened up and investment activity slowed across every Canadian property sector during the second quarter of 2022.
Canadian Property Management
Industrial assets deliver outsized Q1 returns
Canada stands out in newly released global investment performance data for outsized returns on industrial assets during the first quarter of 2022.
Canadian Property Management
Mall sale a divestiture milestone for vendor
Northern Ontario's second largest regional shopping centre, Station Mall,, was Algoma Central Corporation's last commercial real estate holding in Sault Ste, Marie.
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.
REMI Network
83-acre Assembly Park officially launches in Vaughan
A multi-building community is moving forward in the downtown core of Vaughan, with an official launch to mark the expected 12-year build-out.
REMI Network
New renderings of tallest Gehry-designed building
New renderings of two residential towers in Toronto, designed by Frank Gehry, offer a glimpse at what will be the architect’s tallest project in the world.
REMI Network
UXBorough breaks ground in Calgary
UXBorough will be an extensive multi-building redevelopment that revitalizes the site previously known as Stadium Shopping Centre.
Canadian Property Management
Property tax shift pending from new subclass
About 29,000 Toronto businesses will qualify for a 15 per cent reduction in the property tax rate, necessitating a 0.99 per cent increase for the remainder of commercial ratepayers.
Canadian Property Management
Soaring industrial gains buoy investment returns
A 7.9 per cent total return across 2,367 directly held real estate assets in the Canada Property Index represents a 12 per cent improvement over 2020.