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April 19, 2017
Net positive energy office to rise in Waterloo
In Waterloo, Ontario, workers are installing wells for a geo-exchange system that will heat and cool a new office development set to be one of the most energy efficient in Canada. What will be a LEED Platinum, net-positive office building that produces more energy than it consumes every year is also involving its anchor tenant in the design process.
CREC Commercial Fund buys green warehouse
CREC Commercial Fund LP, the new commercial real estate fund for Vancouver-based Concert Properties Ltd, has added its first landmark asset to its portfolio with the $158.25 million purchase of a warehouse and distribution facility in Brampton, Ont.
Crown acquires office building in dynamic Toronto node
Crown Realty Partners has purchased 111 Peter Street, a 252,000 square-foot office building in Toronto’s vibrant Downtown West neighbourhood, an area that has seen rapid residential growth.
 
Cool Roofs for a Hot City
Roofs can be 25 to 30 per cent of total city area, making them a significant platform for urban sustainability. They can also help solve the problem of hot cities. Cool, reflective roofing, especially PVC roofing, helps decrease energy use, thereby lowering emissions. PVC single-ply roofing deflects heat from buildings, decreases energy use, mitigates urban heat islands and serves as a durable platform for photovoltaic systems and vegetative roofs.
Mixed-use development Transit City set for Vaughan, Ont.
Smart Real Estate Investment Trust (SmartREIT), Mitchell Goldhar and CentreCourt Developments have released details of a planning application for the development of Transit City.
Opportunities for retro renovations
Incentive funding comes and goes, but there is also a more reliable approach to moving forward with a building's energy projects: Retro Renos.

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CIBC moving headquarters to Bay Park Centre
CIBC will be moving about 15,000 of its Toronto-area employees to its new headquarters in the city's financial district this spring.
New WestMinister is B.C.'s next hot market
According to research from the Real Estate Investment Network (REIN), New Westminster is poised to become an even hotter market in Metro Vancouver as families seek relative housing affordability outside Vancouver.
Banner year ahead for Canadian hotel market
Hotel real estate transactions in Canada reached $4.1 billion in 2016, with the sale of more than 240 hotels. This is the second highest amount on record, and 2017 is shaping up to be another big year in the industry.

CRE subpar for women in C-suites and on boards
The presence of women in C-suites and boardrooms of the Canadian real estate industry appears even rarer than their already modest profile in the broader economy.
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