REMI

Retail

Cap rates open up in Q2

Canadian Property Management

Cap rates open up in Q2

Cap rates opened up and investment activity slowed across every Canadian property sector during the second quarter of 2022.
Lawrence Heights

Canadian Property Management

Industrial assets deliver outsized Q1 returns

Canada stands out in newly released global investment performance data for outsized returns on industrial assets during the first quarter of 2022.
Mall sale is divestiture milestone for vendor

Canadian Property Management

Mall sale a divestiture milestone for vendor

Northern Ontario's second largest regional shopping centre, Station Mall,, was Algoma Central Corporation's last commercial real estate holding in Sault Ste, Marie.
Calgary

REMI Network

Anthem acquires 95-acre industrial site in Calgary

The former site of a welded steel pipe manufacturing facility will be turned into a multi-phase business park with facility options for small- to medium-format occupiers, along with ancillary retail components.
Assembly Park

REMI Network

83-acre Assembly Park officially launches in Vaughan

A multi-building community is moving forward in the downtown core of Vaughan, with an official launch to mark the expected 12-year build-out.
Gehry

REMI Network

New renderings of tallest Gehry-designed building

New renderings of two residential towers in Toronto, designed by Frank Gehry, offer a glimpse at what will be the architect’s tallest project in the world.
UXBorough

REMI Network

UXBorough breaks ground in Calgary

UXBorough will be an extensive multi-building redevelopment that revitalizes the site previously known as Stadium Shopping Centre.
Property tax relief looks iffy in New Brunswick

Canadian Property Management

Property tax shift pending from new subclass

About 29,000 Toronto businesses will qualify for a 15 per cent reduction in the property tax rate, necessitating a 0.99 per cent increase for the remainder of commercial ratepayers.
Soaring industrial gains buoy investment returns

Canadian Property Management

Soaring industrial gains buoy investment returns

A 7.9 per cent total return across 2,367 directly held real estate assets in the Canada Property Index represents a 12 per cent improvement over 2020.
8X On The Park

REMI Network

8X On The Park rises in downtown Vancouver

GBL Architects and Brenhill Developments recently completed the high-rise development 8X On The Park in downtown Vancouver.
Eaton Centre

REMI Network

Eaton Centre’s galleria roof to get $60-mil makeover

New materials and technologies will replace the existing glass yet retain the classic design aesthetic the roof is famous for.
lockdown relief temporarily more generous

Canadian Property Management

Lockdown relief temporarily more generous

Federal rent and wage subsidies will be open to an expanded range of applicants who are subject to pandemic-related constraints during the eight-week period from Dec. 19, 2021 to Feb. 12, 2022.
Stricken asset classes shaking off COVID

Canadian Property Management

Stricken asset classes now shaking off COVID

Office and retail were diagnosed as stricken asset classes early in the pandemic, but after 20 months on the disabled list, conventional venues for labour and shopping are rallying to fight for market share.
CF Sherway Gardens

REMI Network

Renewed master plan vision for CF Sherway Gardens

Cadillac Fairview and DiamondCorp have collaborated on a renewed master plan vision for CF Sherway Gardens that will transform the peripheral parking lands into a complete community with a mix of residential, office and retail.
Post-CERS property expense relief announced

Canadian Property Management

Post-CERS property expense relief announced

A new iteration of property expense relief will be more bountiful for many recipients than recent payouts of the Canada Emergency Rent Subsidiary, but fewer commercial tenants or owner-occupiers will qualify.
IDC VODA awards

REMI Network

BOMA Canada honours national award winners

The Building Owners and Managers Association of Canada (BOMA Canada) hosted its second virtual National Awards Gala on October 21, 2021.
grocery stores

Facility Cleaning & Maintenance

Testing high-touch surfaces in grocery stores

A University of Guelph study found the risk of exposure from high-touch surfaces in grocery stores is low if recommended protocols are followed.