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.
With mechanical systems nearing end of life, inadequate ventilation and other issues, the 50-year Ken Soble Tower was in critical need of an upgrade.
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.
The upfront cost has been projected at $13.8 million. The environmental repercussions of dismantling and discarding a 474,000-square-foot concrete and steel structure are more difficult to peg.
Smart buildings offer the best hope to reduce carbon effectively, reduce energy costs and provide good return on investment.
Flood season is arriving to regions across Canada, posing a significant risk to infrastructure, potential loss of life and pest-related health risks.
A panel discussion at the Real Estate Strategy & Leasing Conference in Toronto this year examined how technology is changing asset management.
The Canadian commercial real estate industry gathered in the Fairmont Royal York Hotel in downtown Toronto last night for the BOMA Canada National Awards.
Worldwide escalating tallies of damage from storms and drought-related phenomena are indisputably capturing the commercial real estate industry's attention.
The CaGBC is working to spearhead the next evolution of green building with the launch of its Zero Carbon Building Standard.
Indoor air quality specialists concur that larger commercial buildings are among the better places to be when outdoor conditions are compromised since HVAC systems typically incorporate air filtration.
Colliers International just moved more than 220 employees into its sprawling new headquarters in downtown Toronto.
A new $200-million hotel-office-condo-multifamily development officially broke ground in downtown Montreal last week.
Flooding is giving rise to new research on how green roof performance metrics can better manage water capacity.
CF's national electric vehicle charging program will add 45 networked chargers at 15 shopping centres, helping to ease range anxiety and ramp up EV sales.
In Waterloo, Ontario, workers are installing wells for a geo-exchange system that will heat and cool a new net positive energy office development.