The Building Owners and Managers Association of Canada presented its national awards on September 25, 2024.

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 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 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.

Quebec and Ontario have announced investment incentives that could have implications for land deals and/or technologies and products that commercial real estate uses.

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.

Market analysts and asset managers express confidence that the industrial sector will be buoyant into the future despite current global economic uncertainty.

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.

Take your building management to the next level by using technology to manage inventory and optimize day-to-day processes.

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.

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 are expressing confidence in sustained industrial rent growth, as new supply is not expected to catch up with rampant demand any time soon.

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.

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.

Recognizing the dangers of combustible dust accumulations will help to ensure the prevention of explosions.

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 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.