Office

Defaulted real estate loans on the upswing

Canadian Property Management

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.
Taxing debate awaits Toronto commercial parking

Canadian Property Management

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.
Tenant lounge

Canadian Facility Management & Design

Tenant lounge reborn from vacant retail space

A former convenience store, adjacent to the lobby inside a downtown Toronto office tower, has been transformed into a private 1920s-style Art Deco lounge for tenant meetings and events.
accessibility

Canadian Facility Management & Design

Canada far from meeting accessibility goals

Federally-regulated organizations will need to prioritize specific actions that advance accessibility and disability inclusion by 2040.
Exposure to U.S. office loans grows unsettling

Canadian Property Management

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.
Investment returns show slipping values in 2023

Canadian Property Management

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.
Passive House

Canadian Facility Management & Design

A first Passive House retrofit in Halifax

Once complete, it will serve as an inspiration for others pursuing deep retrofits of existing buildings, an endeavour that offers the most hope for reducing greenhouse gas emissions in Halifax.
Vancouver boasts all-asset lowest vacancy rates

Canadian Property Management

Vancouver boasts all round lowest vacancy rates

Vancouver enjoys North America’s strongest demand across all asset types, ending 2023 with the lowest vacancy rates for industrial, office, multifamily and retail properties among 63 major urban markets.
Lenders set to curtail office exposure in 2024

Canadian Property Management

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.
disabilities

Canadian Facility Management & Design

Accommodating disabilities in the workplace

The accommodation process is inherently collaborative, and employers and employees need to be cooperative, share information, and work together to find potential accommodation solutions.
standard

Canadian Facility Management & Design

New standards for sustainable material use

A new set of standards defines minimum sustainability criteria for high-volume materials used in architecture and interior projects.
Commercial ratepayers carry heftier tax share

Canadian Property Management

Commercial ratepayers carry heftier tax share

Commercial ratepayers took on a larger share of the property tax burden in eight of 11 large Canadian cities this year, with 2023 commercial tax rates more than tripling residential tax rates in six of those cities.
Conversion momentum draws on combo of factors

Canadian Apartment Magazine

Conversion momentum draws on combo of drivers

Replicating Calgary’s nascent office-to-residential conversion momentum in other markets will likely depend on the same combination of weak office values, strong housing demand and generous incentives.
workplace

Canadian Facility Management & Design

Workplace macro trends facing facility managers

The tension between employees’ desire to work fluidly and the need for predictability within a business is a key factor affecting workplaces around the world.
Tech finds highly competitive options in Canada

Canadian Property Management

Tech finds highly competitive options in Canada

Eight Canadian cities rank among the top 50 North American markets for fostering tech employment, with Toronto, Vancouver, Montreal, Ottawa, Waterloo Region and Calgary all placed in the top half of the list.
CRE

Canadian Facility Management & Design

CRE industry reveals data-driven demands

Canada’s top commercial real estate players have identified the growing importance of visualizing indoor building activities in real time as the use of space becomes less predictable and tenant needs evolve.
Trophy office towers widening gap from the pack

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.