Properties

federal budget

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.
Alberta to tighten grip on public sector facilities managers

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.
Potential property tax relief looks uneven

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.
capital project

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.
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.
2fifteen

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.
WELL

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.
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.
FourFifty The Well

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.
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.
State of good repair lags in Toronto

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.
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.
managers

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.