Properties
Construction Business
Industry’s mixed reaction to federal budget 2024
Housing is a major focus of the 2024 federal budget and industry reaction has been mixed.
Canadian Facility Management & Design
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.
Canadian Apartment Magazine
Potential property tax relief looks uneven
A potential incentive for new purpose-built rental housing in Ontario comes with adverse implications for existing multifamily properties, thanks to the mathematics of property tax allocation.
CondoBusiness
Considerations for deferring capital project work
The industry panel discussed what capital repairs and replacement costs could potentially be deferred by prolonging the life of various building components and what professional resources to seek for guidance.
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.
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.
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.
Canadian Apartment Magazine
A benchmark for luxury living
New from DBS Developments, 2Fifteen is for ‘high net-worth individuals’ seeking flexibility, freedom, and carefree living without a long-term financial burden.
CondoBusiness
WELL evolves into residential communities
Minto Communities is the first developer in Canada to pilot the WELL for residential program, which sets out to create healthier homes.
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.
Canadian Apartment Magazine
Art at the heart of FourFifty The Well
From its dramatic curb appeal to its sophisticated art-centric interior, RioCan Living has created a unique experience at FourFifty The Well in Toronto.
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.
Canadian Facility Management & Design
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.
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.
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.
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.
CondoBusiness
Pushing for a workplace culture shift
Condo managers are familiar with hostile work environments, but cases of harassment and intimidation, and even violence, have reportedly increased due to a confluence of factors.