Asset Management
Canadian Property Management
Climate change adaptation efforts unfolding
Canada’s newly finalized climate change adaptation strategy sets out objectives and attaches mid- to near-term targets to bolster resilience in five key action areas.
Canadian Apartment Magazine
Office conversion prospects judged challenging
Viable conversion candidates must begin with a basic structural prerequisite, but construction costs, location, surrounding amenities and assumptions about future office values all influence the business case.
Canadian Property Management
Range of CRE stakeholders demand ESG metrics
Canada’s leading commercial real estate players are increasingly turning to ESG metrics to track responsiveness to a range of emerging risks and business imperatives.
CondoBusiness
Actuaries garner new insight into condo finances
The Canadian Institute of Actuaries’ latest insight statement on the longevity of condo infrastructure explores several risks.
Canadian Property Management
Trophy office towers widening gap from the pack
Trophy office towers could be anchored atop the market for the long term as the past decade’s wave of new building subsides and little further development is anticipated.
Canadian Facility Management & Design
Hospitality program transforms office portfolio
Over the next three months, Canderel will begin rolling out a workplace hospitality program called Okkto across its buildings.
Canadian Property Management
Office building values still trending downward
Appraisers generally expect office building values to keep slipping over the course of 2023 as a range of factors undermine cash flow, push up cap rates and make investors skittish.
Canadian Facility Management & Design
Archival preservation facility is a net-zero first
Library and Archives Canada’s new preservation storage facility opened as the first net-zero carbon archival centre in the Americas,
Canadian Apartment Magazine
Multifamily asset values hold steady
Multifamily asset values appear to be holding steady, but transaction volume plummeted in the first quarter of 2023.
CondoBusiness
Tornado research uncovers risks for homeowners
Canada’s tornado risk is more widespread than once thought, according to a growing body of research that, for the first time, tracks the occurrence and aftermath facing property owners across the country.
Canadian Property Management
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.
Canadian Apartment Magazine
Investing in the greater good
As the world seeks to eliminate harmful emissions that contribute to the climate crisis, the known benefits of decarbonization are piling up.
Canadian Property Management
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.
Canadian Apartment Magazine
Multifamily remains favoured investment asset
Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.
Canadian Property Management
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.
Canadian Facility Management & Design
New research digs into state of the workplace
The social infrastructure of the office underscores new research-driven analysis that measures shifts in employee sentiment post-pandemic.
Canadian Apartment Magazine
Working together for affordable housing
On a mission to provide clarity and solutions to Canada's affordable housing crisis, five large residential REITs launched ForAffordable.ca.