Commercial
Trophy office towers widening gap from the pack
Trophy office towers could be anchored atop the market for the long term as the past decade’s wave of new building subsides and little further development is anticipated.
Robust yields ongoing for industrial landlords
Market analysts and asset managers express confidence that the industrial sector will be buoyant into the future despite current global economic uncertainty.
Sustained industrial rent growth foreseen
Investors are expressing confidence in sustained industrial rent growth, as new supply is not expected to catch up with rampant demand any time soon.
Office markets recover lost ground
After six consecutive quarters of declining occupancy, some of Canada’s office markets began to recover lost ground in the fourth quarter of 2021.
Industrial rental rates continue upward climb
Colliers Canada's Q4 2021 snapshot of 12 metropolitan areas finds industrial vacancy rates below 1 per cent in five markets, and between 1 and 5.4 per cent in the seven others.
Accessibility carries a simple business case
Many commercial real estate operators are making the simple business case for buildings that are functional for all potential users. It’s a quest that can begin with simple investigations, simple low-cost measures and simple mindfulness.
New office supply poses backfill challenges
An influx of new office supply was always expected to shake up the status quo in the downtown Toronto market given that approximately two-thirds of the 8+ million square feet of space currently under construction is already preleased.
Report highlights resilient commercial real estate markets
While endless challenges faced commercial real estate markets in 2020, investors and end users in Western Canada showed incredible resilience.
Commercial office watchwords attuned to COVID
Market analysts typify a second quarter uptick in downtown sublet activity as a spurt, not a glut. However, they project the trend is likely to continue.
Turnaround tales of value-add assets
Prominent Canadian asset managers recently recounted their experiences in repositioning underperforming properties, offering insight on turnaround logistics and the role value-add assets play in investment strategies.
LRT development momentum on track in Toronto
The recently completed $102-million deal for Toronto Don Valley Hotel & Suites heralds the development momentum attached to the Eglinton Crosstown light rail transit line, now under construction across a 19-kilometre east-west stretch of the city.
Big three retail landlords thrive on experience
Yorkdale Shopping Centre again takes the title of Canada's most productive mall in the Retail Council of Canada's annual analysis of shopping centres with more than 250,000 square feet of gross leasable area.
Plugging into the “smart city”
How can commercial property owners and managers “plug in” to the smart city revolution?
Long-awaited revival of Yonge Sheppard Centre
A scurry of people is criss-crossing paths in the newly renovated Yonge Sheppard Centre in North Toronto.
Alberta enables long-term property tax breaks
Newly adopted amendments to Alberta's Municipal Government Act extend provisions that were initially devised to support the rejuvenation of derelict brownfields to all non-residential properties.
Energy exposure fuels Calgary office woes
Energy firms drove Calgary office leasing deals in the first quarter of 2019, but in a way that had few landlords celebrating. The largest transactions involved companies relocating and downsizing into smaller spaces.
Toronto weak among Amazon HQ2 contenders
Punditry emanating from the United States characterizes Toronto as an outlier on the short list or overlooks it entirely.