Canadian commercial real estate assets are comparatively less exposed to the dire physical threats that extreme weather poses or has already served up in other global regions.
Multifamily and industrial properties are routinely lumped together as favoured investment assets, but asset managers face divergent degrees of difficulty when they seek to mine value from energy performance.
More than 50 per cent of participating Canadian portfolios were grouped in the top two brackets of results, with 11 earning 5-star status and six attaining a 4-star rating.
The City of Winnipeg has invited commercial building owners and institutional facility managers to affix their Energy Star Portfolio Manager results on a publicly accessible map.
A widening scope of resources can be tapped to build increasingly sophisticated risk profiles, but sustainability practitioners note that data is often fragmented and difficult to obtain.
The mounting consequences of being stuck fast in the wrong place for an extended wrong time begin with soaring insurance premiums and end with stranded assets.
Major Canadian players figure among both GRESB investor members with full access to the data and the larger complement of management members that report and are benchmarked through the real estate assessment.
Sixteen Canadian organizations accounted for more than 337,000 megawatt-hours or nearly 42 per cent of electricity savings tallied in North America, while 162 GRESB participants in the United States delivered the remainder.
Several seasons of wear and tear can impact the efficiency of a condominium’s in-ground irrigation system. How maintenance can help lower water bills.
An energy reporting requirement for large buildings is likely coming to Toronto. The only question is: Will it come from the city or from the province?
Although many tenants find value in creating sustainable office environments, over time, green behaviour can slip if property managers don’t foster this culture. However, according
New residents of the West Don Lands affordable housing project are eager to begin their move into the neighbourhood that has undergone enormous transformation over the past four years. The 1.7-acre mixed-use development, constructed by Toronto Community Housing, will be welcoming its first tenants in August.
Oxford Properties has launched an engagement campaign to teach its tenants energy conservation techniques.
Green roof benefits include better air quality, reduced greenhouse gas emissions, improved storm water management and economic advantages.
Experts speaking at the Green Real Estate conference in Toronto said that green building competition is leading to incremental change in the suburbs.
The new Toronto 2030 District program aims to meet the energy and emission reduction targets that are outlined in Architecture 2030.