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September 19, 2017
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Climate risk raises stranded asset potential
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Fire and flood created an ominous backdrop for real estate investment in the spring and summer of 2017 as natural calamities engulfed or inundated billions of dollars worth of property in North America and beyond. Worldwide escalating tallies of damage from storms and drought-related phenomena are indisputably capturing the industry’s attention.
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Ottawa's Constitution Square sold in joint venture
The Greystone Real Estate Strategy (Greystone), Canderel and Canstone Realty Advisors have purchased Constitution Square, one of the largest Class AA office complexes in downtown Ottawa.
Quebec's biggest mixed-use development breaks ground
The project, which is referred to as “the South Shore’s new downtown”, now accounts for an investment of $1.3 billion, which is $300 million more than the initial estimate.
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Innovation Transforms Historic Landmark Hotel
Built in 1913, the iconic Fort Garry Hotel is one of Winnipeg’s most recognizable architectural landmarks and a National Historic Site of Canada. But despite its timeless aesthetics, dated equipment and mechanical systems began to take their toll, and owners were faced with pressures like rising energy costs and improving operational efficiency.
Menkes launches Healthy Spaces wellbeing program
Menkes Developments Ltd. (Menkes) has launched a three-year wellbeing program called Healthy Spaces across its portfolio of commercial buildings in the Greater Toronto Area.
Undertaking fire alarm retrofits in older buildings
When a fire alarm system is allowed to deteriorate to the point where an emergency replacement is required, cost and inconvenience are increased.

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New industrial strata project on Mitchell Island
A new industrial strata project has been announced for 12 aces of land on Mitchell Island in Richmond, B.C.
Mixed-use plans for iconic newspaper building
Plans are now solidifying for the Times Colonist Building in Victoria, B.C., which sold to Merchant House Capital Inc. this year.
in_the_loop_banner_energy_sus.jpg B.C. steps towards net zero
The B.C. Energy Step Code is an amendment to the B.C. Building Code that will be implemented in stages starting later this year. The strategy aims at reducing demand and using energy efficiently. Whether this achieves net zero ready will vary by building, but it’s a step in the right direction.
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ICYMI: BOMEX 2017 coming to Toronto
In its centennial year, BOMA Toronto (Building Owners and Managers Association) will celebrate industry accomplishments and showcase its vibrant home city as the host of BOMEX, BOMA Canada’s national conference. The two-day event, September 27-28, will focus on excellence in Canadian commercial real estate with a leading-edge educational program. Read More »

 
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