Properties
B.C. ponders commercial space for cannabis use
Newly released findings from British Columbia’s public consultation on cannabis lounges unsurprisingly confirm that recreational cannabis users are most likely to find the concept appealing.
Ottawa commercial landlords bid welcome
Mona Fortier, President of the Treasury Board of Canada, confirms that public service employees will be expected to spend 40 to 60 per cent of their working hours in a formal office setting.
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.
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.
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.
Why smart warehouses make sense
Take your building management to the next level by using technology to manage inventory and optimize day-to-day processes.
Food-anchored retail tops CRE investment menu
Food-anchored retail plazas remain a staple on the commercial real estate menu, again emerging as the preferred asset type in Altus Group’s survey of Canadian investment trends in Q2.
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.
Employees expect environmentally friendly offices
Six in 10 workers surveyed feel their office is "shamefully eco-unfriendly"
Commercial leases attract political attention
Both the NDP and Green parties float concepts for standardized lease agreements and rent control guidelines in their recently released platforms for the June 2 Ontario election..
Ukrainian evacuees arrive to housing scarcity
Newcomers will be confronting Canada’s affordable housing shortage, while also dealing with potential trauma, language barriers and the general culture shock of unfamiliar surroundings.
Ontario mulls its site redevelopment potential
A centralized agency will be tasked with identifying provincially owned sites with redevelopment potential, placing a priority on new uses that align with infrastructure initiatives.
The new commercial office takes shape
Facility managers and BSCs are reassessing how they maintain safe office environments. Keeping best practices in mind is vital.
Sustained industrial rent growth foreseen
Investors are expressing confidence in sustained industrial rent growth, as new supply is not expected to catch up with rampant demand any time soon.
Multifamily rent slippage deemed temporary blip
Multifamily assets posted the largest year-over-year decline in net operating income among the four major sectors in the Canada Annual Property Index, while delivering a 7 per cent total return on investment for 2021.
Updated model green lease attuned to the 2020s
REALPAC’s newly updated model green lease for Canadian office buildings introduces measures aligned with the broadening demand for ESG reporting and performance outcomes.