montreal

retail space

Canadian Facility Management & Design

Montreal’s office vacancy rate dipped in Q2

Downtown Montreal experienced a 0.4-per-cent decline in the office vacancy rate in Q2 from Q1, according to a recent Colliers report.
prestige office buildings

Canadian Property Management

New prestige office buildings capture market

Although longstanding landmarks in the Toronto, Montreal, Calgary and Vancouver skylines now command average rents 18 per cent higher than less iconic competition can muster, real estate analysts predict an emergent tenants' market will alter that picture.
Montréal construction

REMI Network

Montréal construction impels landlord strategy

In response to downtown Montréal’s imminent surge of infrastructure updates—road work and bridges and tunnels, for instance—a new report from Colliers International outlines measures for
Tour AIMIA

REMI Network

Montreal’s Tour AIMIA earns LEED Gold

The Tour AIMIA building in downtown Montreal has become the first new category A office tower in the area to earn LEED Gold status.
retail space

REMI Network

Development boosts Montreal’s vacancy rates

Vacancy rates in downtown Montreal are on the rise, according to a report from Newmark Knight Frank Devencore.
Montreal’s Presima names François Forget VP

REMI Network

Montreal’s Presima names François Forget VP

Montreal-based investment boutique Presima named François Forget executive vice-president and global head of client service and business development.
Broccolini opens corporate complex in Montreal

REMI Network

Broccolini opens corporate complex in Montreal

Broccolini celebrated the official opening of the Broccolini Corporate Centre Saint-Laurent 2, a LEED® Silver, class A building in Montreal.
Road construction

CondoBusiness

Construction begins on YOO Montreal condo

The YOO Montreal vertical village, a 20-storey condominium located in Montreal, Que., has officially entered the first stage of construction. Designed by Philippe Starck and constructed by Montreal firm Constructions Chapman, the 84-unit building will have a community focus aimed at attracting like-minded tenants with similar lifestyles and aspirations.
Doctors

Canadian Facility Management & Design

McGill celebrates Canada’s largest hospital move

In what has been described by the McGill University Health Centre (MUHC) as the largest hospital move ever made in Canada, 154 inpatients, including 139 adults and 15 babies, were recently moved from the Royal Victoria Hospital to the university’s new Glen site. The five-and-a-half hour move was a key redevelopment operation of MUHC 2015.
hiltongardenmontreal

REMI Network

Hilton Garden Inn Montreal Airport is sold

The parent company of Shelter Canadian Properties Limited has bought Montreal’s Hilton Garden Inn Montreal Airport for $15 million. The 159-room hotel, which opened in
datacentre_montreal

REMI Network

First purpose-built data centre to rise in Montreal

The first purpose-built, next-generation data centre in Montreal is now under construction, scheduled for occupancy by the end of 2015. The Fonds immobilier de solidarité
office market

CondoBusiness

Montreal condo sales up over last year: GMREB

According to the latest residential real estate statistics from the Greater Montreal Real Estate Board (GMREB), condo sales in the Montreal Census Metropolitan Area (CMA) increased by three per cent, year-over-year, in February. Total residential sales, which includes single-family homes, plexes, and condominiums, reached 3,281 units in February, a figure representing no change from the year prior.
student housing

Canadian Apartment Magazine

Non-profit group develops student housing site

The Unité de travail pour l'implantation de logement étudiant (UTILE), a non-profit organization focused on student housing in Quebec, has launched a new trilingual website for students seeking housing information in Montréal. The site, Likehome.info, was developed after survey results from over 11,000 students revealed a need to improve the City’s ability to offer proper living conditions to students. Information is available in French, English and Mandarin.
office market

CondoBusiness

Montreal condo sales dip in January: GMREB

According to the Greater Montreal Real Estate Board (GMREB), condominium sales in the Montreal region fell nine per cent, year-over-year, in January. In fact, with the exception of plexes (two to five units), all property types registered decreased sales when compared with January 2014 statistics.
office market

CondoBusiness

Condos to represent one-third of Montreal sales

In 2015, one out of every three homes purchased in Montreal, Que. will be a condominium, according to a survey commissioned by the Québec Federation of Real Estate Boards (QFREB) and the Fonds immobilier de solidarité FTQ. The survey, which focused on buying and selling intentions, found that 65 per cent of those intending to buy already own a home while 36 per cent are first-timers.
Luxury housing market

CondoBusiness

Luxury condo sales surge in 2014: Sotheby’s

When compared with data from 2013, sales of GTA homes over $1-million (luxury sales) grew by a staggering 38 per cent in 2014, says Sotheby's International Realty Canada (Sotheby’s). In an annual report, the real estate sales and marketing company found that, across several of Canada’s major real estate markets, luxury sales finished the year with positive year-over-year growth.
Montreal

REMI Network

Nobel REIT buys two Montreal industrial sites

Nobel Real Estate Investment Trust (Nobel REIT) has purchased two Montreal-based industrial properties for more than $10 million. Both properties are located near the Pierre-Elliot-Trudeau