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acquisition

REMI Network

Genesis Hospitality acquires two Edmonton hotels

The two hotels, part of Platinum Investments’ Edmonton Focused-Service Portfolio, have been sold to Genesis Hospitality Inc.

REMI Network

Cominar finalizes $1.14 billion sale of property portfolio

Cominar has confirmed the closing of its $1.14 billion sale of its non-core market property portfolio to Slate Acquisitions Inc. Sylvain Cossette, president and CEO

Canadian Facility Management & Design

ENGIE Services acquires PBW High Voltage

ENGIE Services Inc. has acquired PBW High Voltage Ltd., an Ontario-based power system specialist.

Canadian Facility Management & Design

Clearcable acquires Hamilton Technology Centre

The City of Hamilton recently announced the sale of the Hamilton Technology Centre (HTC) to Clearcable, in what is described as a win-win business transaction for both parties.

Canadian Facility Management & Design

U of T acquires parcel of land near St. George campus

The University of Toronto has acquired four acres of land bordered by College Street and Spadina Avenue, near its St. George campus.

Canadian Facility Management & Design

Kasian acquires interior design studio MartensGroup

MartensGroup, an award-winning Calgary-based interior design studio, is joining Kasian, one of the world’s top 100 integrated design firms.

Canadian Facility Management & Design

Golden Gate Capital to acquire 2020

2020 has entered into a definitive agreement to be acquired by private equity firm Golden Gate Capital. The terms of the transaction were not disclosed.

Canadian Facility Management & Design

Ontario to acquire TDSB facilities for community use

Ontario hopes to acquire two facilities from the TDSB in North York and Etobicoke that would be maintained as community hubs.

Canadian Facility Management & Design

Chinese investment consortium acquires LEDVANCE

OSRAM has sold LEDVANCE, a general lighting provider for professional users and retail customers, to a Chinese investment consortium.

Canadian Facility Management & Design

Legrand acquires lighting manufacturer

Connecticut-based Legrand, North America, a global specialist in electrical and digital building infrastructures, has acquired Original Cast Lighting, Inc.

Canadian Apartment Magazine

Primecorp completes sale of apartment portfolio

The Primecorp Group of Companies announced it has successfully completed the sale of a 6-property, 415-unit multi-residential portfolio in Ontario. The sale consisted of five properties totaling 346 suites in 10 buildings strategically located within Sarnia and an additional property of 69 suites in Niagara Falls.

REMI Network

FirstOnSite Restoration acquired by U.S. firm

FirstOnSite Restoration G.P. Inc., Canada’s largest independent disaster restoration service provider, has announced the sale of its company to Interstate Restoration, a U.S.-based firm, has

Canadian Facility Management & Design

Kasian acquires workplace design firm modo

Kasian, an international integrated design firm, has announced its acquisition of modo, an award-winning Toronto-based interior design firm. The team of modo project managers and

CondoBusiness

Enercare acquires HVAC services and repair firm

Enercare Inc., a Canadian home and commercial services and energy solutions company, has announced a wholly-owned subsidiary of its Enercare Solutions Inc. will acquire SEHAC

REMI Network

Allied to buy three Liberty Village office buildings

Allied Properties Real Estate Investment Trust (Allied) is set to acquire office properties in Toronto’s Liberty Village for $31 million.

Canadian Apartment Magazine

$67-million Morguard acquisition in Ottawa

Morguard North American Residential REIT announced that it has purchased 160 Chapel Street, a rental apartment building in Ottawa, ON, for $67 million, exclusive of closing costs.

Canadian Facility Management & Design

Temco Service Industries acquired by Atalian

Temco Service Industries, Inc. has announced its acquisition by Atalian International, an international provider of facility services, on Jan. 8, 2016. In the merger, the