Avison Young’s Mark Rose confident about future

Avison Young’s Mark Rose confident about future

Chief executive officer Mark Rose describes Avison Young as a “disruptive company” in the commercial real estate industry due to its methods of doing business and unprecedented pace of growth over the past eight years. That growth is being discussed at the company’s annual general meeting in Toronto this week.

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Manulife Centre’s ambitious redevelopment years in the making

The $100-million redevelopment of the landmark Manulife Centre – too rich to term it a renovation – has been years in the making but in reality, the timing couldn’t be better.
The ambitious project, which will see the venerable building at Toronto’s Bay and Bloor southeast corner reimagined.

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CBRE Hotels adds experience and diversity with hires

CBRE Hotels has made two new appointments and its continued growth has made it the largest and most comprehensive hotel brokerage and advisory group serving the hospitality sector in Canada. CBRE HotelsScott Duff has joined the division of CBRE Limited from Starwood Hotels & Resorts Worldwide and will serve as Western Canada vice-president.

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The Reach is up for grabs in Kamloops

The Reach at Thompson Rivers University (TRU) in Kamloops will be the first planned community on a campus in British Columbia’s interior, and there’s healthy interest from developers to build its first phase. Thompson Rivers University Community Trust (TRUCT) was created five years ago to manage development on TRU property.

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Calgary plan earns LEED-ND Platinum in Canadian first

Calgary’s University District is not even built yet and already it’s scored one of the highest green certifications available. The 200-acre development in northwest Calgary became the largest residential project in Canadian history to earn LEED for Neighbourhood Development Platinum certification.

Sustainable Biz Canada

Getting mixed-use projects right

While mixed-use projects make a lot of sense, getting them right isn’t always easy according to three experts who spoke on the subject on Sept. 7 at the Canadian Apartment Investment Conference at the Metro Toronto Convention Centre. Mixed-use should not be the exception but the rule,” said Quadrangle Architects Limited principal and co-founder Les Klein.

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Apartment tenants want more technology

Tenants are more technologically savvy than their landlords, according to a new rental preference survey co-sponsored by Avison Young, Informa Canada and Rentlogic to to try and better understand tenant profiles, desires and technological take-ups.

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Would you like to get a $1.7M refund on your property taxes?

If your MPAC assessment doesn’t have you seeing red, maybe it should. You may recall a few posts back I coined the phrase “red building.” This label applies to any building that, due to its age, operational inefficiency or lack of amenities common to newer real estate, just doesn’t have the market appeal it once did, and is going to be out bid in the marketplace by new green construction.

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Is there room for public art in industrial buildings?

Vancouver’s PC Urban has voluntarily commissioned two public installations for their upcoming industrial buildings and in doing so, have shaken the complacent development industry and called into question the difference between having to create the art and wanting to.

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Part two: Technology is going to change everything

In terms of our commercial real estate case-study, I think it means nothing less than the death of the long-term inflexible office lease. Everyone in office sales or leasing should really think about that.

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Six months ago: Boardwalk REIT squeezed by ‘double short’

When it comes to buying and selling units of Boardwalk REIT these days, investors might want to pay as much attention to the sentiment of U.S.-based investors as they do the fundamentals of the Alberta-heavy multi-residential trust.

Property Biz Canada

One year ago: Dymon Storage eyes major GTA expansion

Dymon Storage Corporation has set its sights on the sprawling GTA market for expansion, with plans to build approximately 80 facilities in the area stretching west to Hamilton and east to Oshawa.  The Ottawa-based company claims it is not just another anonymous player in the storage industry thanks to a high-end offering that has won over residents in the nation’s capital.

Property Biz Canada

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