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.
Hamilton will soon be the first city in Ontario to introduce a renoviction bylaw forcing landlords to obtain a licence prior to issuing an N-13
The biggest challenge for many real estate owners in 2024 will be finding affordable insurance coverage to protect their buildings.
Fallout from higher interest rates may continue to subdue multifamily development, but lenders express more confidence in prospects for new purpose-built rental and high-rise condominium projects next year.
Canada's fall economic update includes steps to crack down on short-term rentals and billions in financing toward rental housing construction.
Replicating Calgary’s nascent office-to-residential conversion momentum in other markets will likely depend on the same combination of weak office values, strong housing demand and generous incentives.
Manitobans are hearing promises aplenty as political parties offer up tax cuts, rate freezes and incentive programs ahead of the provincial election, set for October 3.
The recent regulation to postpone Ontario's property reassessment for another year stretches the assessment cycle to double its originally intended time span.
Commercial properties are central to Toronto’s efforts to find more cash as the city government considers how to address massive budget shortfalls projected for 2024 and into the future.
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.
Since 2019, retrofitting with heat pumps has been rising in popularity among Canadian REITs and large residential landlords looking to invest in cleantech.
As the city of Toronto accelerates efforts to address housing affordability, inclusivity and the barriers inhibiting rapid housing development were top of mind at the Urban Land Institute’s Spring Meeting.
Multifamily asset values appear to be holding steady, but transaction volume plummeted in the first quarter of 2023.
Bonus incentives for energy efficiency upgrades will be available to select commercial and multifamily landlords and condominium corporations in Ontario during the second and third quarters of 2023.
Sustainable finance products, are expected to increasingly come into play as building owners/managers pursue decarbonization and look to bolster the climate resiliency of their properties.
Advocates for the Canadian commercial real estate industry are asking the federal finance department to clarify why real estate investment trusts have been included in a pending new tax measure.
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.