Industrial

Investment returns show slipping values in 2023

Investment returns show slipping values in 2023

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.
Vancouver boasts all-asset lowest vacancy rates

Vancouver boasts all round lowest vacancy rates

Vancouver enjoys North America’s strongest demand across all asset types, ending 2023 with the lowest vacancy rates for industrial, office, multifamily and retail properties among 63 major urban markets.
Commercial ratepayers carry heftier tax share

Commercial ratepayers carry heftier tax share

Commercial ratepayers took on a larger share of the property tax burden in eight of 11 large Canadian cities this year, with 2023 commercial tax rates more than tripling residential tax rates in six of those cities.
Waste biomass generation tapped for tax credit

CRE awaits spinoffs of new provincial spending

Quebec and Ontario have announced investment incentives that could have implications for land deals and/or technologies and products that commercial real estate uses.
Lender confidence varies by CRE asset class

Lender confidence varies by CRE asset class

Logistics warehouses, multifamily rental buildings, data centres and life sciences labs are tapped as favoured assets in CBRE Canada’s newly released survey of lenders' sentiment.
Robust yields ongoing for industrial landlords

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.
HVAC maintenance

Preventative HVAC maintenance tips for fall

Fall HVAC maintenance allows you to look ahead to upcoming spring repairs, budget spending for upcoming expenditures, and keep your building in its best shape for the coming year.
warehouse technology

Why smart warehouses make sense

Take your building management to the next level by using technology to manage inventory and optimize day-to-day processes.
Q2 market trends follow familiar patterns

Q2 market trends follow familiar patterns

Midway through 2022, Colliers Canada pegs the national office vacancy rate at just below 13 per cent, while the national industrial vacancy rate sits 1,200 basis points lower.
Property tax relief looks iffy in New Brunswick

Property tax relief looks iffy in New Brunswick

Beginning in 2023, municipalities will have flexibility to pull more revenue from their non-residential tax base, potentially cancelling out a phased 15 per cent reduction in the provincial property tax rate that was introduced this year.
Investors foresee sustained industrial rent growth

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.
multifamily rent slippage deemed temporary blip

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.
Industrial rental rates continue to climb in Q4 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.
dusting

Why dusting is hazard protection, not just housekeeping

Recognizing the dangers of combustible dust accumulations will help to ensure the prevention of explosions.
Investors avidly pursuing industrial properties

Investors avidly pursuing industrial properties

Market analysts anticipate more capital flowing into the sector as vacancies tighten and rental rates rise, and they warn that available space is nearing depletion in Vancouver, Toronto and Montreal if leasing continues at the recent pace.
Cold storage facilities emerging as alternative investment asset class

Cold storage gathers investment steam

Cold storage facilities are flagged to deliver robust returns to investors due to the evolution of food retailing, demand for vaccines and other pharmaceuticals, and the thriving outlook for the warehouse/distribution and logistics sector in general.
Light industrial set for a heavy property tax hit

Light industrial set for heavy property tax hit

Economic fallout from COVID-19 is shifting more of the tax burden to this flourishing group of assets via the mill rate, while also driving up the tax rate, for a double-whammy of consequences in jurisdictions that update valuations annually.