Toronto
REMI Network
Office vacancy rates drop across Canada in Q3
Total office vacancy has dropped across Canada's six largest urban markets, Colliers reports. Newly released results for the third quarter of 2018 suggest pre-leasing commitments from banks and tech companies for new premises in the Toronto and Vancouver markets underlie the growth.
Canadian Property Management
Canada’s big three cities affirm net zero goal
The mayors of Toronto, Montreal and Vancouver are among leaders of 19 major world cities aspiring for net zero carbon emissions across their urban building portfolios by 2050.
CondoBusiness
Site security comes under renewed scrutiny
Construction site security is under renewed scrutiny after a member of the public gained access to a downtown property and scaled a crane.
CondoBusiness
Takeaways from #TorontoFlood
At least one condo corporation is facing what is likely to be a steep repair tab after Toronto was drenched with a month’s worth of rain on Aug. 7.
REMI Network
High-density land in the GTA traded at $92/sf in Q2
High-density land in the GTA traded hands at an average of $92 per buildable square foot in Q2-2018, according to a report
Canadian Property Management
Scotiabank to anchor new Bay Adelaide tower
The 32-storey, 820,000-square-foot building will be the third and final piece of the office complex Brookfield Property Partners brought to the downtown Toronto market in 2009.
CondoBusiness
National housing starts trend down in July
The national trend in housing starts declined slightly to 219,988 units in July 2018, down from 221,738 units in June 2018, according to CMHC.
Canadian Property Management
Constrained Toronto market curbs Q2 investment
Land deals accounted for half the value of real estate investment in the Greater Toronto Area during the second quarter of 2018, while activity in the office sector dipped considerably.
Canadian Facility Management & Design
Nuit Blanche project to mentor young designers
Students and young professionals working in the fields of lighting design, architecture and interior design are invited to help create a public art installation that will literally illuminate a micro-park tucked amid the towers of Toronto's financial district.
REMI Network
Former chief planner launches mayoral campaign
Jennifer Keesmaat is campaigning to become the next mayor of Toronto, the city she formerly served as chief planner.
CondoBusiness
National housing market remains highly vulnerable: CMHC
Canada’s overall housing market remains highly vulnerable, mostly due to evidence of overvaluation and price acceleration, finds CMHC.
Canadian Property Management
Toronto airport office node attracts investors
Crown Realty has acquired 10 and 20 Carlson Court, a 305,000-square-foot Class A office complex located near Toronto's Pearson International Airport.
Canadian Apartment Magazine
Toronto may extend reach of retrofit financing
Toronto Council is considering opening up a loan fund for energy upgrades to a larger pool of borrowers, including private sector landlords, condo corporations, health care and educational facilities.
Canadian Property Management
Q2 office vacancy space figures released
Figures for office vacancy space in Q2 of 2018 have been released. The report revealed positive absorption rates for most of the major markets in Canada.
Canadian Property Management
GTA office market returns mixed second-quarter results
The Greater Toronto Area (GTA) office market reached the midway point of 2018 with mixed second-quarter results, an new reports has revealed.
Canadian Property Management
Developers decry pullback on property tax grant
Rules for the program are set to change, making the timing less than ideal for development proponents still awaiting a decision based on the original criteria in place when they submitted their applications.
CondoBusiness
ULI Toronto announces new Management Committee members
The Urban Land Institute (ULI) Toronto has named three influential industry professionals that will helm its Management Committee.


