Cushman & Wakefield files IPO to go public

Cushman & Wakefield files IPO to go public

Cushman & Wakefield, one of the oldest and largest global real estate services providers, has filed a preliminary prospectus to take the company public. The prospectus filing with the U.S. Securities and Exchange Commission does not state the number of shares to be offered, nor the pricing. It was filed Wednesday. C&W has extensive operations across Canada, with 22 offices from coast-to-coast.

Read more

Fonds JVs on new Montreal commercial centre in Beauharnois

A 48,000 square foot office building has opened in the first phase of a $55 million commercial development located on a strategic site in a trucking corridor on Montreal’s South Shore. The Espace 30 Beauharnois in Beauharnois just off Highway 30, will become a regional commercial centre with a planned hotel, second office building, several shops and services, car dealerships and services for truckers.

Read more

Vancouver’s Reliance goes extra mile for evicted tenants

Vancouver developer and landlord Reliance Properties will provide double the financial compensation it is legally required to offer residents of a west end apartment building which must be vacated for a major renovation. The company announced its 16-storey Berkeley at English Bay must undergo extensive structural work.

Read more

75 Canadian office buildings seek WiredScore certification, so far

WiredScore, the company behind the international standard which rates Internet connectivity in commercial buildings, continues to expand across Canada since its launch in October. “Technology and digital connectivity have become non-negotiable factors for companies that are evaluating office space,” said WiredScore founder and chief executive officer Arie Barendrecht.

Read more

Why you need to engage a Broker to lease your space

From time to time we will receive a floor call from an individual asking one question: how do we charge brokerage fees to lease space. I explain that our typical fee would be calculated based on five per cent of the net rental amount over first five years and, if applicable, three per cent on the balance…

Read more

Communicating the value of sustainability: Bentall Kennedy

Sustainability has become entrenched in conversations about commercial buildings. Buildings with low environmental impact and efficient use of energy are increasingly more desirable to property investors, leading Anna Murray of real estate investment advisors Bentall Kennedy to present an overview on how to accurately communicate the value of sustainability during the Conflux Canada Conference.

Sustainable Biz Canada

Six months ago: China’s Greenland builds Toronto towers

Downtown Toronto’s East Bayfront is about to receive its latest injection of new life with Lakeside Residences by Greenland Group (Canada). The 3.85-acre site formerly occupied by FedEx will be “transformed into a master-planned community with seven towers and upwards of 2,000 new residential units and over 30,000 square feet of retail space,” according to Amanda Ireland, CEO of Milborne Group, which is overseeing marketing and sales of the development.

Property Biz Canada

One year ago: SmartCentres Place ‘truly exceptional’

It took less than 10 days to sell all but 10 of the 1,110 residential units at the Transit City Condos development as part of SmartCentres Place in Vaughan, Ont. “The site itself, with access to multi-faceted transit, major highways and a nine-acre park, is truly exceptional and represents the culmination of many years of hard work…” said SmartREIT chief executive officer Huw Thomas.

Property Biz Canada

	RENX has surpassed 10,600 Twitter followers
	Recent follower Tercot Communities is a multi-disciplined real estate development company with 40 years of experience in Toronto & GTA residential, commercial & industrial markets.
	Follow RENXca, the most comprehensive news feed on Twitter for Canadian real estate professionals.