FACILITYCalgary

news, commentary & perspective - financings, deals - commercial real estate, infrastructure, oil & gas

FACILITYCalgary May 6/25

ARCHIVED ISSUES

CONVERSATIONS

SIGN UP



↓SIGN UP TO GET FACILITYCalgary↓

sign up, get FACILITYCalgary
For Email Marketing you can trust.



SHAKERS AND MOVERS 
appointments and disappointments 

+ Annick Guerard to COO @ Transat A.T. Inc.

+ Carolyn Levy to Pres., Randstad Technologies @ Randstad Canada

+ Colleen Johnson, Group Head, Direct Channels, Technology Corp. & Public Affairs @ TD Bank Group, retiring

+ Denis Roy, Eastern Canada Operations Director @ Suncor Energy, to ChairVCQ Management Committee @ C02 Solutions Inc.’s Carbon Capture Project

+ Doug Arnell to Director @ Pembina Pipeline Corporation

+ Elena Pankoff to VP Investment Portfolio Mgmt. @ Firm Capital American Realty Partners Corp.

+ Ellen Patterson to Group Head, General Counsel @ TD Bank Group

+ Eric Smith to VP Regulatory Affairs @ Canadian Wireless Telecommunications Association

+ Iliana Oris Valiente to Global Blockchain Innovation Lead @ Accenture

+ Jake Grimbaldo to Sr. Building Operator @ CREIT

+ Jeremy Peters to Pres., Randstad Engineering @ Randstad Canada

+ Jordan Holm to Pres. @ Boston Pizza International

+ Henry Sykes to Director @ Pembina Pipeline Corporation

+ Mark Pacinda, Pres. & CEO @ Boston Pizza International et al, retiring

+ Maureen Howe to Director @ Pembina Pipeline Corporation

+ Michael Rhodes to Group Head, Innovation and Technology @ TD Bank Group

+ Milton Sussman to Deputy Minister of Health @ Government of Alberta

+ Norie Campbell to Group Head, HR Functions @ TD Bank Group

+ Norman Steinberg to Sr. Advisor @ Persistence Capital Partners

+ Robert Morgan, Sr. VP & COO @ Crew Energy Inc., resigned

+ Rob Morgan to Pres. & CEO @ Cona Resources Ltd.

+ Tom Signorello to Director @ Clarocity Corporation


[please send us your appointment notices  kolke@facilitycalgary.com]




 HUMAN RESOURCE + WORKPLACE TRENDS 

+ take the quiz: How To Be Happier At Work – Harvard Business Review

+ on those days you can take a client for lunch …. OpenTable’s 100 Best Italian Restaurants in Canada for 2017 – 17 in Calgary, 1 in Bragg Creek




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

+ AEMERA – Alberta Environmental Monitoring Evaluation and Reporting Agency

+ AER - Alberta Energy Regulator

+ ASC – Alberta Securities Commission

+ AUC – Alberta Utilities Commission

+ BBL – barrel

+ BBLS/D – barrels per day

+ BOE – barrel of oil equivalent

+ Brent – North Sea crude benchmark price

+ CapEx – capital expenditures

+ CAPP - Canadian Association of Petroleum Producers

+ cap rate – capitalization rate

+ CBD – Central Business District

+ CCAA – Companies’ Creditors Arrangement Act

+ CCS – Carbon Capture and Storage

+ CEAA – Canadian Environmental Assessment Agency

+ Chapter 11 – court ordered creditor protection under U.S. bankruptcy law

+ COSIA - Canada's Oil Sands Innovation Alliance

+ CPPIB – Canada Pension Plan Investment Board

+ CREB - Calgary Real Estate Board

+ DIP – debtor in possession

+ EBITDA – earnings before interest, taxes, depreciation and amortization

+ EIA – U.S. Energy Information Administration

+ E & P – exploration and production

+ FERC – U.S. Federal Energy Regulation Commission

+ Forbearance Agreement – a short term formalized relief arrangement when loan terms are in default

+ FSR – floor space ratio

+ FTC – U.S. Federal Trade Commission

+ GJ – gigajoule

+ GLA – gross leasable area

+ GOA - Government of Alberta

+ GOM – Gulf of Mexico

+ GTA – greater Toronto area

+ GW - gigawatt

+ G&A – general and administrative

+ HOOP – Healthcare of Ontario Pension Plan

+ IEA – International Energy Agency

+ IFMA – International Facility Management Association

+ IPO – Initial Public Offering

+ JV – Joint Venture

+ KV – kilovolt (one thousand volts)

+ KW – kilowatt (one thousand watts)

+ LEED – Leadership in Energy and Environmental Design

+ LNG – Liquefied Natural Gas

+ LPG – Liquefied Propane Gas

+ MCF – thousand cubic feet

+ MCF/D – thousand cubic feet per day

+ mezz – mezzanine debt

+ MOU – Memorandum of Understanding

+ MT – metric ton

+ MW – megawatt (1 million watts)

+ NAFTA – North American Free Trade Agreement

+ NEB – National Energy Board

+ NGLs – natural gas liquids

+ OPEC – Organization of Petroleum Exporting Countries

+ P3 – Public Private Partnership

+ PADD – U.S. Petroleum Administration for Defense Districts

+ PPA – Power Purchase Agreement

+ PSAC – Petroleum Services Association of Canada

+ RECA – Real Estate Council of Alberta

+ REIT – Real Estate Investment Trust

+ RFI – request for information

+ RFP – request for proposals

+ RFQ – request for qualifications

+ RICS – Royal Institution of Chartered Surveyors

+ RNG – renewal natural gas

+ SAGD – steam assisted gravity drainage

+ SAIT – Southern Alberta Institute of Technology

+ S & P – Standard & Poors

+ sub – subsidiary

+ sub. – subordinated

+ tic toc – we’ll see …

+ TOD – transit oriented development

+ UDI – Urban Development Institute

+ WTI – West Texas Intermediate crude benchmark price

+ WTO – World Trade Organization

+ YYC – YYC Calgary International Airport


FACILITYCalgary
current week data

this  site is refreshed with a new issue every Tuesday morning


updated October 17, 2017




 TODAY'S HEADLINES


HEADLINES: Calgary City Election results | Golder bought Auld | Husky restarting pipeline | SEARS liquidating + climate change + infrastructure + REIT NEWS + financings 




CONVERSATIONS

Last week's conversation with Wendy Brownie, creator/curator/owner at inspirati

Click here to access the archive: archived conversations with fascinating Calgarians ...



PUT YOUR 
COMPANY HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR 
BRAND HERE



 sponsors of this week's issue:

e-mail to Sharon Martens
 
ARCHITECTURE + INTERIOR DESIGN



e-mail Peter Gatzsch
 
COMMERCIAL INTERIOR CONSTRUCTION



CONTACT MARK KOLKE 
OFFICE AND INDUSTRIAL LEASING



CONTACT MARK KOLKE 
RESIDENTIAL SALES



e-mail Norm Landry
 
PROJECT MANAGEMENT



e-mail Lance Laliberte - Sales at PREMIERE OFFICE MOVERS
 
OFFICE MOVERS



 SAVE THE DATE / upcoming events

+ Oct. 16-24/2017; World Design Summit, ‘UNESCO City of Design’, Montreal

+ Oct. 19; Calgary Immigrant Women's Association, 35th Anniversary Gala, CIVIC on Third, info/tickets, sponsorships

+ Oct. 24; The Art Of Leadership For Women, TELUS Convention Centre, Calgary; info/tickets

+ Oct. 26; Calgary Real Estate Forum, TELUS Convention Centre, Calgary; info/register

+ Oct. 26; YWCA Calgary’s She Who Dares - sesquicentennial project; 150 women to be recognized; City Hall


[send your event notices to:  kolke@facilitycalgary.com ]



 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ European building owners are making a major investment in green building; forecast to be US$112.0 billion by 2026 – access the article ; the Netherlands have a net zero model: Energiesprong

+ in Longon, UK; Bloomberg’s new building got the highest BREEAM score ever awarded a major office development (98.5%) ..

+ Toronto has a Zero Emissions Building Framework – access 118 page PDF …




FACILITYCalgary newsletters may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly in any medium without the prior written permission of MaxComm Communications - © Copyright 1999 - 2017 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

http://calgaryofficespace.com
http://facilitycalgary.com

http://plandflex.com 
http://markmusing.com  




 SUGGESTIONS / COMMENTS:
 
feedback@facilitycalgary.com



NEWS SUMMARY 
 October 10 ~ 17 


+ Calgary election resultsl; Mayor Nenshi re-elected for 3rd term, 9 Council incumbents re-elected - full results: http://election.calgary.ca/

+ current energy prices – live link to current Bloomberg energy prices; crude prices remain steady/up .. US$52/bbl for WTI, Brent at US$57+; prices steady as Iraq tensions fuel the market

+ Frontera Energy Corporation agreed to acquired 36.36% to then hold 100% of Pacific Midstream Limited for $225.0 million

+ Golder Associates agreed to acquire Alan Auld Group of Companies (UK, US, Canada); terms not disclosed

+ GP LPLP 2007 Inc. and Genesis Land Development Corp. agreed to sell the Fowler Lands (319 acres) in Airdrie for $41.0 million

+ Husky Energy got OK from Saskatchewan government to restart its pipeline that spilled 225,000 litres of diluted heave oil into the North Saskatchewan River near Maidstone in July/2016;

+ INNOVA Global Ltd. (formerly ATCO Emissions Management, ATCO Noise Management and Higgott-Kane) acquired Braden group of businesses from Global Power Equipment Group; terms not disclosed

+ Kingsway Financial Services Inc. closed its acquisition of Professional Warranty Services Corporation

+ rig counts:

+ Sears Canada Inc. got court approval for a complete liquidation; all locations will close; after 65 yrs. the brand will die; 12,000 employees being laid offf

+ Shell Gas BV, Shell Brazil and Investments BV agreed to sell its interests in Companiha de Gas São Paulo to Cosan Ltd. for US$380.0 million

+ Solium Capital Inc. acquired Capshare

+ U.S. EIA - Drilling Productivity Report




THIS WEEK IN FINANCINGS 
- proposed & closed

+ NorthWest Healthcare Properties REIT completed $143.8 million equity financing

+ Potash Ridge Corporation closed $2.3 million equity financing by private placement

+ Traverse Energy Ltd. is on the market to raise $5.4 million in equity by private placement

+ Yellow Pages Limited is on the market to raise $315.0 million sr. secured debt




 QUOTES

+ Don’t run away from life, run to it. – Sylvia Solomon

+ The single biggest problem in communication is, the illusion that it has taken place. – George Bernard Shaw




 CONSTRUCTION NEWS + INNOVATION 

+ Chaudiere Falls Hydro 128MW project renovations; first time in a century public have access – check out the video

+ METRO Inc. announced it will commence development of new Ontario distribution facilities to modernize operations; 2018 to 2023 budget is $400.0 million

+ The One, Mizrahi Developments – project, an 85 story Foster + Partners designed mixed use tower has commenced construction at Yonge & Bloor in Toronto; upon completion in 2022 will be the tallest (1,0004 ft./306 metres ) tower in Canada




 this week in REITS 


+ Granite REIT closed its US$122.8 million acquisition of 2.2 million sq. ft. U.S. warehouse and logistics properties from IDI Grazeley

+ Jake Grimbaldo to Sr. Building Operator @ CREIT

+ NorthWest Healthcare Properties REIT completed $143.8 million equity financing

+ Phillips Edison, a U.S. grocery anchored shopping centre firm set up a new US$4.0 billion REIT – Phillips Edison Grocery Center REIT I; will be managed by Phillips Edison Limited Partnership

+ True North Commercial REIT acquired five (494,900 sq. ft.) Class A office properties (Victoria, GTA, Ottawa, Halifax, Cambridge) for $106.1 million




 INFRASTRUCTURE / P3  


+ Government of Canada launched a $950.0 million initiative Innovation Superclusters Initiative to generate public-private partnerships in innovative industries

+ Infrastructure Ontario announced the short listed teams for the Kipling Bus Terminal project; Bird/Kiewit Joint Venture, EllisDon Infrastructure Transit, and Kipling Infrastructure Partnership 




INTERESTING REAL ESTATE NEWS, other places


+ AIMCo, PSP Investments and Starlight Investments are in the hunt for multi-family acquisitions; JV is focused on southern U.S.; US$1.3 billion budget …

+ CPPIB committed $436 million to the Alpha Data Centre Fund (Singapore); option to lift that to $623 million

+ in Vancouver, Imperial Parking Canada Corp. launched a new APP – hangTag ; find lots, find directions, park AND pay from your phone, no need to fiddle with meters or punch a machine in the rain 



INTERESTING TRENDS IN RETAILING 


+ Cara Operations Limited agreed to acquired 100% of Pickle Barrel Group of Restaurants (12 locations in the GTA)




INTERESTING TRENDS IN INDUSTRIAL REAL ESTATE 


+ Leon’s Furniture opened a new distribution centre in Delta, BC; 50/50 JV with Beedie Developments is 432,346 sq. ft.




↓SIGN UP TO GET FACILITYCalgary↓

sign up, get FACILITYCalgary
For Email Marketing you can trust.

Unless otherwise noted, everything on this website is Copyright  Protected - © 1999 - 2025 - Mark Kolke, Publisher / MaxComm  Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.


Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada

this site last updated May 6, 2025