Apartment
Ukrainian evacuees arrive to housing scarcity
Newcomers will be confronting Canada’s affordable housing shortage, while also dealing with potential trauma, language barriers and the general culture shock of unfamiliar surroundings.
Multifamily rent slippage deemed temporary blip
Multifamily assets posted the largest year-over-year decline in net operating income among the four major sectors in the Canada Annual Property Index, while delivering a 7 per cent total return on investment for 2021.
Purpose-built rental pro formas under pressure
Developers are facing escalating material costs, supply chain disruptions and labour shortages in step with climbing vacancies and falling rental rates that were not contemplated 18 months ago.
COVID-19 clips 2020 investment performance
A ten-year run of capital growth abruptly reversed, resulting in a 7.8 per cent loss of value across the 2,356 assets that the 44 portfolios represented in the Canada Annual Property Index hold.
Multifamily assets surpass 2020 index average
Newly released 2020 investment results find industrial and multifamily assets on the positive side of the national average total return for 2,356 directly held standing assets, which registered -4.1 per cent.
Toronto and Vancouver outdo most U.S. markets
Canada has a numerically slight presence with disproportionate weight in Lee & Associates’ newly released third quarter commercial real estate results.
COVID-19 confounds electricity system models
After scrambling to recalibrate their models in the early days of COVID-19-related shutdowns, analysts with Ontario's Independent Electricity System Operator faced more uncharted territory when the hot weather arrived.
Preference for multifamily assets signalled
Under COVID-19-induced pressure, investors, lenders and public markets are signalling a preference for multifamily assets. The asset class was the top attractor of investment dollars in Canada’s commercial real estate market during the first half of 2020.
Ontario Electricity Rebate applied unevenly
Many hydro accounts specifically tied to the common areas of multi-residential buildings will no longer qualify for the 31.8 per cent rebate beginning in November 2020.
Office-using sectors show relative resilience
There is plenty of uncertainty and little consensus on the economic outlook for Canada and the United States. It is becoming clear that it will not be a V-shaped recovery, and it is more likely to be uneven and prolonged.
Solid pre-pandemic fundamentals buttress market
Thus far, in most markets, there’s been no spurt of office sublets or rent discounts that conventionally signify an economic downturn, but there has been a flurry of conjecture about the forces COVID-19 may have unleashed.
Energy demand load shifts to residential base
The energy demand load has shifted in sync with much of Ontario’s workforce from commercial to home offices, prompting calls for suspension of time-of-use pricing during the current COVID-19 related upheaval
REITs boast 2019 gains on TSX Venture Exchange
Venture 50 accolades are awarded based on three equally weighted criteria for one-year gains in share price, trading volume and market capitalization.
Low yields not deterring multifamily investment
Multifamily assets delivered the lowest income return of the property sectors to institutional investors in the Canada Property Index last year, but produced strong total returns on a foundation of 7.3 per cent capital growth.
Industrial-retail seesaw in play for investors
A 6.65 per cent average total return on the Canada Property Index's 2,723 directly held standing assets, scattered across eight major markets, cloaks significant variances between property sectors and from market to market.
The tech-savvy resident
It's a content-streaming, always connected, on-the-go world of online entertainment, and multi-residential customers expect nothing less.
Canadian cities fertile for tech job growth
The rankings reflect CBRE's assessment of each market's competitive appeal based on 13 variously weighted indicators that collectively present a picture of employment trends and other factors helping to attract and sustain a tech labour force.








