Management

Decarbonization roadmap navigators now in demand

Decarbonization roadmap navigators in demand

Real estate operators are looking to consultants, turnkey contractors and software for navigational assistance in developing and implementing decarbonization roadmaps.
Alberta to tighten grip on public sector facilities managers

Alberta to tighten grip on public sector FMs

The Alberta government is moving to tighten its grip on public entities that are defined as “creatures of the province,” yet have conventionally had leeway to seek and accept direct federal investment.
Resilience still lacks climate action profile

Resilience still lacks climate action profile

Climate change adaptation measures are typically viewed as risk management rather than levers for investment returns, but they are inherently linked to building and portfolio value.
Defaulted real estate loans on the upswing

Defaulted real estate loans on the upswing

Many creditors and debtors are now grappling with the fallout from a largely unexpected change in market conditions over the course of their loan agreements.
Energy storage prompts battery of precautions

Energy storage prompts a battery of precautions

In step with the projected surge in energy storage installations, fire safety advisors are actively working to help clean tech adopters understand and mitigate the risks.
Taxing debate awaits Toronto commercial parking

Taxing debate awaits Toronto commercial parking

Debate about a proposed surcharge on commercial parking spaces in Toronto has been deferred until City Council begins to consider 2025 budget measures.
OEB in doghouse for cost recovery ruling

OEB in doghouse for cost recovery ruling

The Ontario government plans to establish its authority to designate critical gas transmission projects and reaffirm the existing cost recovery model for connecting natural gas service to new residential development.
Clean energy projects serve mix of purposes

Clean energy projects serve mix of purposes

Clean energy projects present a burgeoning means for Indigenous peoples to assert stewardship of natural resources, nurture sustainable economic growth and curb reliance on fossil fuels.
Exposure to U.S. office loans grows unsettling

Exposure to U.S. office loans grows unsettling

Regional and mid-sized banks in the United States are considered most vulnerable to losses on commercial real estate loans, particularly those tied to that country’s shaky office sector.
State of good repair lags in Toronto

State of good repair lags in City of Toronto

Toronto is backsliding on the upkeep of municipal facilities, with a state of good repair backlog that’s projected to surpass $1 billion this year and then continue accumulating to nearly $1.47 billion by 2033.
Investment returns show slipping values in 2023

Investment returns show slipping values in 2023

Canadian investment returns for 2023 show retail improvement, industrial deceleration and continuing office value decline, as capital loss balances out income growth for a flat total return.
CRE fosters all-in approach to decarbonization

CRE fosters all-in approach to decarbonization

Daunting net zero targets in the buildings sector are spurring an all-in approach to decarbonization that assigns roles to finance, engineering, management and operational teams.
DEI progress harder to see in 2023 survey

DEI progress harder to see in 2023 survey

A jump in participation makes progress harder to see in findings from the third global survey of diversity, equity and inclusion initiatives in the commercial real estate sector.
Building electrification projects impart lessons

Building electrification projects impart lessons

The business case for electrification works best when retrofits are synced with the end-of-life of existing mechanical equipment and/or asset repositioning plans
Outdoor lighting principles hail the dark side

Outdoor lighting principles hail the dark side

Guiding principles for responsible nighttime lighting define how light should be applied, but, first, prospective installers are advised to consider whether lighting is even necessary.
Lenders set to curtail office exposure in 2024

Lenders set to curtail office exposure in 2024

Lenders generally expect to curtail office exposure while increasing overall allocations to Canadian real estate in 2024, findings from CBRE Canada's annual survey reveal.
Accessibility is everybody's business

Opinion: Accessibility is everybody’s business

Society benefits, and invariably prospers, when people everywhere can more easily share their experience, knowledge and culture and exercise their spending powers