LocationsRecent Articles
Killam continues to diversify outside Atlantic Canada
Killam continues to diversify outside Atlantic Canada
Recent acquisitions of residential properties in Carleton Place, Ont., Calgary and Edmonton are moving Killam Apartment REIT closer to its goal of having 50 per cent of annualized net operating income generated from outside of Atlantic Canada. Philip Fraser, president and CEO of the Halifax-based REIT, told RENX with the recent transactions about 29 per cent of its NOI will be generated from outside of its base.
Investors still chasing Calgary office assets
The renewed appeal of commercial real estate investment which took hold in Calgary in mid-2016 has continued in 2018, according to Barclay Street Real Estate. The company, in its mid-year analysis, reports a 23 per cent year-over-year increase in dollar volume, with total sales of assets worth more than $1 million jumping to $1.26 billion.
Toronto, Montreal, Vancouver dominate office construction: AY
As office vacancy rates continue to tighten in Canada’s largest markets, almost 13 million of the country’s more-than-15-million square feet of office space under construction is concentrated in Toronto, Montreal and Vancouver, a mid-year report from Avison Young reveals. The largest share of that space, by far, is in Toronto where 8.5 million square feet of space are under development.
Okapi AI technology optimizes building operations
Okapi’s AI-based technology is used to optimize operations in Toronto’s Commerce Court, Southcore Financial Centre and other buildings, and it recently helped QuadReal Property Group win a Pinnacle Award for Innovation from BOMA Toronto. Okapi’s platform interprets and delivers real-time notifications to operational teams, allowing them to provide proactive and focused service to tenants.
Do we take the wrong approach to working smarter?
We live in an increasingly connected world. High-speed Internet can be had throughout much of rural Canada. It’s the convergence forward-thinkers dreamed about 20 years ago, where the Web will empower us to better communicate, collaborate and generally get stuff done without having to endure a rush-hour commute and spend the day trapped in a cubicle.
Six months ago: Choice Properties forges new path, acquires CREIT
Choice Properties REIT has set itself on a course of redevelopment, diversification and expansion with its $6 billion purchase of Canadian REIT’s sizeable portfolio of assets. “We’ve always had an ambition to really establish Choice Properties as a real estate entity on its own,” said Galen Weston, partiarch of the Weston family which controls Choice, Loblaw and George Weston Ltd.
One year ago: The Bow prominent on Calgary sublease market
When the Bow tower was built in 2012 in the heart of Calgary, it was a symbol to the rest of the world the city was an economic powerhouse. The just under two-million-square-foot, 58-storey skyscraper, the tallest one west of Toronto at the time, was Encana’s signature headquarters building in the oilpatch, illustrating the company’s success and the city’s stature on the global energy front.
| Property Biz Canada, Tuesday, August 14, 2018 |
| Canada’s other CN Tower still stands tall in Edmonton Property Biz Canada, August 14, 2018 |
| Toronto Waterfront Innovation Centre signs anchor tenant Property Biz Canada, August 14, 2018 |
| Montreal industrial sale sets benchmark price Property Biz Canada, August 14, 2018 |
| Hollyburn purchases Vancouver’s Shorehill Building Property Biz Canada, August 14, 2018 |
| New execs at CT REIT, RBC real estate, AY Montreal The People Space, August 14, 2018 |
| Cannabis retailers face varying models across Canada Property Biz Canada, August 9, 2018 |
| Six months ago: Enwave expands thermal energy system to The Well Property Biz Canada, February 13, 2018 |
| One year ago: Aspen gets creative at Calgary Encana Place Property Biz Canada, August 15, 2017 |
 |
RENX has surpassed 10,500 Twitter followers |
| Recent follower CRESA Ottawa specializes in project management, strategic planning, workforce and location planning, subleases, and lease administration. | |
| Follow RENXca, the most comprehensive news feed on Twitter for Canadian real estate professionals. |
Industry Events
-
Canada Real Estate Auctions
Dec 01 2024
to Dec 31 2024
-
Global Property Market
Dec 03 2024
Metro Toronto Convention Centre, South Building
-
Toronto Real Estate Forum
Dec 04 2024
to Dec 05 2024
Metro Toronto Convention Centre, South Building
-
Quebec Apartment Investment Conference
Feb 19 2025
Palais des congrès de Montréal
-
RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
-
MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
Follow us on Social Media
Follow RENX on your favorite social media platform for news delivered to your feed.
Locations
