Industry News

retail plaza

ReDev Properties sells Edmonton retail plaza

ReDev Properties Ltd., has sold Trail South Corners, a 29,024-square-foot retail plaza in Edmonton, Alberta.
energy benchmarking

CaGBC elevates energy benchmarking training

The Canada Green Building Council is launching new training on energy benchmarking strategies and regulation for private and public sector stakeholders.
Bentall Kennedy

Bentall Kennedy named AustralianSuper advisor

Bentall Kennedy has been selected as AustralianSuper's real estate investment advisor in Canada.
industrial

Pricing of Vancouver industrial supply surges

Pricing of industrial properties in Vancouver is at ‘new heights,’ according to research from Avison Young that examines the first half of 2016.
Penguin Pick-up

Penguin Pick-Up partners with The UPS Store

Penguin Pick-Up and Penguin Fresh, a network of free convenient pick-up locations for online purchases, has partnered with The UPS Store throughout Canada.
liveable cities

Canada ranks high on ten most liveable cities list

Three of the ten most liveable cities in the world are located in Canada, according to a new report by The Economist Intelligence Unit.
green properties

Retail results tinge green properties in Q2

Green properties account for slightly less than 29 per cent of assets in the total REALpac/IPD Canada property index, but, with a value of $67.3 billion, equate to 48.6 per cent of its capital value.
gender wage gap

Ontario ups efforts to close gender wage gap

Ontario is moving forward on closing the gender wage gap, using recommendations listed in the Gender Wage Gap Steering Committee's final report.
Penguin Random House

Penguin Random House opens T.O. retail shop

Penguin Random House Canada opened its first retail store in Canada this week, in the same building where the company's Toronto offices are situated.
office market

Office market varies across Canada: report

The Canadian office market added more than 8 million square feet of new supply from mid-year 2015 to mid-year 2016, mainly in Toronto and Calgary
Green Button

BOMA T.O. comments on Green Button proposal

BOMA Toronto's recently published letter to MOE offers nine recommendations on the draft policy of Ontario's Green Button energy data analytics network.
Crestpoint

Crestpoint reaches $2.5 billion in assets

Crestpoint Real Estate Investments has completed three acquisitions that bring its diversified portfolio to $2.5 billion in its fifth year of operation.
CIBC Mellon

CIBC Mellon opens new office in Mississauga

CIBC Mellon opened a new office in Mississauga, bringing more than 150 accounting, client service, operations and related professional roles to the city.
investment

Real estate investment data standards adopted

A new standardized approach for collecting, measuring and interpreting real estate investment performance data responds to the ever widening scope of global portfolios and institutional investors' need for transparency and cross-border consistency.
CF Rideau Centre

CF Rideau Centre unveils $360-mill expansion

Ottawa’s CF Rideau Centre celebrated the completion of a $360 million redevelopment that spanned three years.
audit

Energy audit standard open for public review

A proposed ASHRAE and ACCA standard that will establish consistent practices for conducting and reporting energy audits is open for public comment.
Woodcliffe Portfolio

JLL completes sale of T.O’s Woodcliffe Portfolio

JLL’s Capital Markets team has completed the sale of the Woodcliffe Portfolio located in Toronto’s Downtown East and Rosedale-Summerhill neighbourhoods.