Financial Management
Multifamily asset values hold steady
Multifamily asset values appear to be holding steady, but transaction volume plummeted in the first quarter of 2023.
Ontario offers bonus incentives for retrofits
Bonus incentives for energy efficiency upgrades will be available to select commercial and multifamily landlords and condominium corporations in Ontario during the second and third quarters of 2023.
Sustainable finance products forge way to 2050
Sustainable finance products, are expected to increasingly come into play as building owners/managers pursue decarbonization and look to bolster the climate resiliency of their properties.
REITs unexpectedly tapped for new tax measure
Advocates for the Canadian commercial real estate industry are asking the federal finance department to clarify why real estate investment trusts have been included in a pending new tax measure.
Inadvertent blocks on commercial deals lifted
Regulatory amendments to Canada’s Prohibition on the Purchase of Residential Property by Non-Canadians Act address inadvertent impacts on commercial transactions and property development.
Department store drain continues
Nordstrom Canada’s sudden swoosh into the department store drain will leave empty anchor space in some of the country’s top-performing and most prestigious regional malls.
CDM program hiccups logged in Ontario review
The COVID-19 pandemic and supply chain disruptions are frequently cited, but not the only reasons for uneven uptake of Ontario’s energy retrofit and performance incentives over the past two years.
Lender confidence varies by CRE asset class
Logistics warehouses, multifamily rental buildings, data centres and life sciences labs are tapped as favoured assets in CBRE Canada’s newly released survey of lenders' sentiment.
Push to curb inflation has CRE ramifications
Transaction volume had been surpassing pre-pandemic levels until the steepest and most rapid rise in interest rates thus far this century undermined that momentum.
Infrastructure investment a go-to in downturn
For public partners, P3s are a means to transfer risk. For the private sector, infrastructure’s recession-proof profile dovetails with expectations for a prolonged building spree.
Robust yields ongoing for industrial landlords
Market analysts and asset managers express confidence that the industrial sector will be buoyant into the future despite current global economic uncertainty.
Are you missing out on commercial lighting rebates for your facility?
These days, every cent counts, and commercial lighting rebates may be a way for your facility to make the most of your lighting choices. It’s
CRE measures up as Canadian economic driver
A new report estimates commercial real estate made a $148.4 billion total contribution to Canada’s GDP last year, when factoring its direct, indirect and induced impacts.
Preventative HVAC maintenance tips for fall
Fall HVAC maintenance allows you to look ahead to upcoming spring repairs, budget spending for upcoming expenditures, and keep your building in its best shape for the coming year.
Q2 market trends follow familiar patterns
Midway through 2022, Colliers Canada pegs the national office vacancy rate at just below 13 per cent, while the national industrial vacancy rate sits 1,200 basis points lower.
Property tax relief looks iffy in New Brunswick
Beginning in 2023, municipalities will have flexibility to pull more revenue from their non-residential tax base, potentially cancelling out a phased 15 per cent reduction in the provincial property tax rate that was introduced this year.
Inflation and wage increases are twin problems for companies
Inflation, in combination with tight labour markets, is compounding the rising wages in the frontline service workforce.