Dymon takes innovative storage concepts into GTA

Dymon takes innovative storage concepts into GTA

Dymon Storage has a simple strategy, though the execution can be quite complex; bring storage closer to the people who need it, but do it in increasingly innovative ways. The Ottawa-based company currently has eight locations, but as it expands from its roots into the Greater Toronto Area, it will open three more before the end of the year and another six in 2019. Many will be much more than just storage facilities.

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Strata condo windups ‘creative’ Vancouver property investments

The Metro Vancouver commercial property investment market is showing signs of slowing, according to a 2018 first quarter report by Altus Group. Overall investment volumes across all asset classes fell by 22 per cent in the first quarter of this year when compared to same period last year, according to the report by Altus Group.

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Davloor resigning from RioCan, Gitlin to become COO

There will be a significant mid-summer change in the executive suite at RioCan Real Estate Investment Trust (REI.UN). President and chief operating officer Raghunath (Rags) Davloor is stepping down to “pursue other opportunities” and will be replaced from within as COO by Jonathan Gitlin, the REIT announced Monday morning.

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Canadian apartment market state of the union

Derek Lobo is CEO of SVN Rock Advisors Inc., Brokerage, a Burlington, Ont.-based CRE and consulting company with an exclusive focus on the apartment sector. He’s also the founder of the North American New Apartment Construction and Mixed-Use Symposium + Expo. It made sense, then, that Lobo gave a state of the union address at this year’s seventh annual event…

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‘Lifetime Achievement’ honour a bit premature for Hugh Heron

Hugh Heron wasn’t totally thrilled with the nomenclature when he received a Lifetime Achievement Award from the Building Industry and Land Development Association. “I was honoured to receive it, but I wasn’t happy with the term ‘Lifetime Achievement’ because I’ve got a long life ahead of me,” Heron told RENX.

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Three ways to tick off your landlord

During my 10 years in the commercial real estate industry, I’ve seen it all and very little surprises me. But, every now and then I come across another doozy that is worth sharing! I’ve compiled a list of new and interesting ways in which tenants have chosen to compromise their relationship with their landlord.

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Integral Group, Majid Al Futtaim, IoT commit to net-zero carbon

The World Green Building Council launched its Net Zero Carbon Buildings Commitment with three companies agreeing to eliminate carbon emissions in their building portfolios by 2030. At the CaGBC Building Lasting Change 2018 conference, Integral Group, Majid Al Futtaim and IoT lighting firm were the first three firms to sign on.

Sustainable Biz Canada

Six months ago: Toronto industrial rents ‘finally’ on rise

If you are looking to purchase or lease industrial space in Canada largest market, a panel of experts at the recent Toronto Real Estate Forum had some advice: expect the purchase to be competitive, and expect rents to continue to rise. “We’ve been expecting and waiting for rent growth for years, especially in the GTA, and we are finally starting to see it,” said Simon Holmes, senior vice president, investments, of Bentall Kennedy (Canada) LP.

Property Biz Canada

One year ago: PIRET acquires five properties, sells 3

Pure Industrial Real Estate Trust has bought five properties and sold three other sites in deals worth more than $160 million. And, PIRET is not done making transactions, says president/CEO Kevan Gorrie. “Today’s announcements reflect significant further progress on our acquisition and capital recycling strategies.”

Property Biz Canada

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