Asset Management
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 Property Management
Building electrification projects impart lessons
The business case for electrification works best when retrofits are synced with the end-of-life of existing mechanical equipment and/or asset repositioning plans
Canadian Apartment Magazine
New multifamily asset management department launches in US
US Housing Consultants has launched a new multifamily asset management department that will offer services such as capital needs assessments and energy audits.
Canadian Property Management
Ontario Teachers’ name new real estate leader
Pierre Cherki will take leadership of global real estate investment for Ontario Teachers’ Pension Plan when its new in-house asset management group launches early next year.
Canadian Property Management
Climate action levers key amid competing crises
Strategists are pondering the most effective climate action levers to keep attention focused on reducing greenhouse gas emissions as other events and pressures commandeer priority-setting agendas.
Canadian Property Management
Receptive climate for risk management brewing
New guidance for CRE investors and owners/managers highlights climate-related risks, recommended safeguard measures and key questions for gauging the preparedness of assets.
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
U.S. REIT adds to Alberta casino holdings
U.S.-based VICI Properties will acquire four facilities in Edmonton and Calgary through a sale-leaseback transaction, following a similar deal earlier this year for casinos in Edmonton, Calgary and Lethbridge.
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.
Facility Cleaning & Maintenance
The challenges of adding technology to your building maintenance program
The advances in technology have made all sorts of improvements in the building maintenance industry, from increased efficiency to providing more accurate data. But is
Canadian Apartment Magazine
Alberta distributes asset upkeep funds unevenly
Seniors and social housing aren’t getting a share of the extra funds the Alberta government is investing in capital renewal and maintenance of public assets.
Facility Cleaning & Maintenance
Finding the right maintenance strategy for your building
As building managers know, finding the right maintenance strategy for your building is the key to increased efficiency, cost savings, and improved performance. Whether your
Facility Cleaning & Maintenance
Is it time to replace your windows?
As a facility maintenance manager, you need to take care of the building from top to bottom, and that includes your windows. Typically, windows last
Facility Cleaning & Maintenance
The rise of proptech in facility management
One of the biggest trends facility management for 2023 is using technology to manage all aspects of your building (think maintenance, inventory, and beyond) with
Facility Cleaning & Maintenance
Energy-saving tips for your building
With winter almost here, heating and energy efficiency is top of mind for many building operators, but what if you could manage your building optimally,