REMI

Industrial

REMI Network

Amazon Canada opening fulfilment centre in Hamilton

Amazon Canada has announced plans to create a fulfilment centre and delivery station in Hamilton, located near the airport in Mount Hope.

Canadian Facility Management & Design

Blazing a trail for zero carbon in Nova Scotia

The zero carbon project marks an evolution in warehouses and, more broadly, the potential for a lower-emitting industrial sector.

Canadian Property Management

Slumping confidence in office sector dynamics

Confidence in industrial markets has also slipped since 2020 began, but still hovers on the up side of neutral on both sides of the Canada-U.S. border.

Canadian Property Management

Challenger rising among Halifax office nodes

The downtown office vacancy rate surpassed 20 per cent, while Dartmouth Crossing enjoyed a 768 basis point drop in vacancy, pushing the rate below 12 per cent.

Canadian Property Management

Investment deal resumption foreseen for Q3

Static cap rates reflect limited transactions in the second quarter of 2020, but commercial real estate analysts express confidence that asset values are holding under COVID-19-related pressures.

Canadian Property Management

Alberta polls commercial landlords and tenants

The Alberta government is surveying commercial landlords and business tenants about their COVID-19-related financial stresses.

REMI Network

Q4 overflow spurs Montreal investment deal volume

Sales value topped $2 billion for the fourth consecutive quarter, albeit at a lower total than was achieved in the second to fourth quarters of 2019.

Canadian Property Management

Solid pre-pandemic fundamentals buttress market

Thus far, in most markets, there’s been no spurt of office sublets or rent discounts that conventionally signify an economic downturn, but there has been a flurry of conjecture about the forces COVID-19 may have unleashed.

Canadian Property Management

Strong office rent growth foreseen for Toronto

That follows double-digit increases last year when Toronto was dubbed one of the "stand out performers" among major global cities, along with Boston and San Francisco.

Canadian Property Management

Industrial-retail seesaw in play for investors

A 6.65 per cent average total return on the Canada Property Index's 2,723 directly held standing assets, scattered across eight major markets, cloaks significant variances between property sectors and from market to market.

Canadian Property Management

2020 prospects judged upbeat, but uneven

Canada's major office and industrial markets present a more uneven picture to brokers and analysts in this country than their contemporaries in the United States see when contemplating 2020 prospects south of the border.

Canadian Property Management

Steady office and industrial momentum foreseen

Analysts foresee relatively static office vacancy and rental rates over the coming year, while industrial market dynamics are expected to be similarly consistent and optimistic.

Facility Cleaning & Maintenance

Regency Cleaning and Maintenance: A New Frontier

Steve Milner has seen his company grow at a steady pace thanks to its reputation for delivering exceptional commercial janitorial services.

REMI Network

Choice Properties selling $426M portfolio

The transaction is scheduled to close on September 30, 2019.

Canadian Property Management

PROREIT completes $49.3-mill acquisition

The purchase includes six properties - five light industrial buildings in Halifax and one boutique office tower in Ottawa.

Canadian Property Management

NB confers on industrial property assessment

A standing committee of New Brunswick's legislative assembly is exploring whether equipment and machinery used in manufacturing and industrial processes should be factored into the assessed value of the property.

Canadian Property Management

Halifax office vacancy dips for second year in a row

This drop came despite an uptick in the vacancy rate in the downtown Central Business District (CBD), which saw a modest increase.