Groupe Mach plans 4.5M-square-foot Montreal Lights District

Groupe Mach plans 4.5M-square-foot Montreal Lights District

Groupe Mach plans to build a 4.5-million-sq.-ft. Quartier des Lumières (Lights District) next to the existing CBC building in Montreal. The project includes transformation of the 24-storey Maison de Radio-Canada into office space, hotel and conference centre, surrounded by 3,000 residential units, additional office and retail, a school and entertainment facilities.

Read more

PortLiving Gateway to bite into Vancouver industrial shortage

PortLiving will take a small bite out of Vancouver’s extremely tight industrial market with a development in the most northeastern corner of the city. The Vancouver developer broke ground on Gateway, a six-storey light industrial building which includes three floors of self-storage at 3333 Bridgeway Street.

Read more

Experiential retail, pop-ups benefit shopping malls

Shopping centres, stores and brands which want to create better connections with customers should incorporate experiential retail strategies, including pop-up events. This was the case made by pop-up go founder and chief connector Linda Farha at the International Council of Shopping Centers’ Canadian convention in Toronto on Oct. 1.

Read more

Reasons not to sell your apartment building

GUEST COLUMN: As brokers who match buyers and sellers of apartment buildings, we run into many objections to selling from owners during our prospecting. Sometimes it’s just not the time to sell and we respect that. But even when it is time to sell, there are still questions we hear consistently, which we answer fairly and honestly.

Read more

Sask. cities enjoy lowest CRE to residential tax ratios

There is lots of chatter on the street with the recently released preliminary budget from the City of Saskatoon, which proposes a 4.5 per cent property tax hike in 2019. That chatter is incomplete without stepping back and looking at a couple of key issues.

Read more

WiredScore marks one year in Canada with KingSett

SPONSORED CONTENT: WiredScore, the company behind the international standard for rating Internet connectivity in commercial buildings, has made major strides since it launched with Toronto as its first Canadian flagship market in October 2017. WiredScore announced an $11.6-million Series A capital raise from leading commercial real estate investors — including KingSett Capital, Legal & General, U+I, Town Centre Securities, MOMENI Digital Ventures and Savitt Partners — this week. The investment group has been supported by a recommitment from WiredScore’s existing investors: Bessemer Venture Partners, Fifth Wall and Sterling.VC.

WiredScore

SHARC’s wastewater heat recovery breaks into hotel sector

Alberta’s Lake Louise Inn is the first hotel in the world to install SHARC International Systems Inc.’s Piranha wastewater heat recovery system. “They’re always trying to be greener and more energy-efficient and more environmentally sensitive,” said SHARC chief executive officer and chairman Lynn Mueller of Atlific Hotels, which manages Lake Louise Inn and more than 55 other hotels.

Sustainable Biz Canada

Six months ago: Anthem buying four Calgary industrial properties

Anthem Properties has been known mainly as a retail and residential investment and development company, but it is adding a third class: industrial. It is staying close to home to start rebuilding its presence, with deals to purchase four Calgary properties totalling about 255,000 square feet says investment director Jordan Carlson.

Property Biz Canada

One year ago: CRE Bull run to continue, Morrasutti says

Canada’s bull run in commercial real estate shows no sign of abating despite ongoing threats to NAFTA and concerns over Canada’s overheated housing market, said CBRE’s executive vice-president. Paul Morassutti said commercial property investment and leasing in Canada “continues to defy predictions while grappling with an unprecedented level of change”.

Property Biz Canada

	RENX has surpassed 10,650 Twitter followers
	Recent follower Avison Young Winnipeg is the stream for the Winnipeg office of the commercial real estate services firm.
	Follow RENXca, the most comprehensive news feed on Twitter for Canadian real estate professionals.