Asset Management

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.
Building electrification projects impart lessons

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
asset management

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.
Real estate leadership team gels at Fengate

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.
Climate action levers key amid competing crises

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.
Receptive climate for risk management brewing

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.
Climate change adaptation efforts unfolding

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.
Office conversion prospects judged challenging

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.
U.S. REIT adds to Alberta casino holdings

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.
Multifamily remains favoured investment asset

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.
technology

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
Alberta distributes asset upkeep funds unevenly

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.
maintenance strategy

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
windows

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
proptech

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
energy

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,