Devimco, Fonds, Fiera to build $700M MAESTRIA

Devimco, Fonds, Fiera to build $700M MAESTRIA

Devimco Immobilier, the Fonds immobilier de solidarité FTQ and Fiera Properties will spearhead the $700-million MAESTRIA mixed-use development in Montreal’s Quartier des spectacles. MAESTRIA will comprise 51- and 53-storey towers, with about 1,000 condos, 500 apartments, plus retail and commercial space.

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CRE runs in the family for Yuhu proptech founders

The sons of two prominent Canadian real estate industry executives are forging their own path in the property technology field with Yuhu Inc. The property management platform leverages technology to improve the tenant experience in residential and commercial assets while driving cost savings and operational efficiencies for customers.

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McCOR transforming Westmount Shopping Centre

Westmount Shopping Centre in London, Ont. is going through a $25-million transformation after being acquired by Corpfin Capital and KingSett Capital from Bentall Kennedy for $31.5 million early this year. McCOR Management was chosen to oversee managing, leasing and redeveloping the 538,150-square-foot mall.

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UPS building largest Canadian warehouse in GTA

International delivery and logistics service UPS says it will build its largest Canadian facility, a $200-million, 850,000-square-foot distribution centre, in the Town of Caledon, just north of Toronto. In a release Tuesday, UPS says ground has broken on the project, which will help it meet growing business and residential customer demand.

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The apartment building sale: Getting multiple offers

GUEST COLUMN: Self-serving, arrogant, duplicitous – if this is the typical perception the public has of brokers, it is no surprise the value of a correct listing process is sometimes underestimated. If you’ve been following our articles, you already know we write from direct transactional experience and this story is no different.

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Your guide to tenant communication

SPONSORED CONTENT: In the current age of social media and 24/7 connectivity, the ways in which we communicate are constantly shifting, and commercial real estate has not been immune to these changes. This article will discuss a specific type of communication in the CRE industry: Tenant Communication, which here refers to the correspondence from commercial property owners and managers to their existing tenants.

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Six months ago: Liberating Toronto employment lands for housing, jobs

Ken Greenberg has what he calls a “breakthrough idea” to address the needs for affordable housing and jobs and to leverage the massive public investment in GTA transit infrastructure. “It is something I call subtractive urbanism, applying a sunset provision to a regulatory framework which is no longer serving its purpose” he explained.

Property Biz Canada

One year ago: Intracorp growth leads to N. American consolidation

Intracorp is one of North America’s largest developers of multi-family homes, with about $4 billion worth of projects on the go. The company is moving to bring that sprawling organization under one leader, and one corporate banner. All of Intracorp’s North American operations will now be overseen by president and chief executive officer Don Forsgren.

Property Biz Canada

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