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global heat pump market set for robust growth

Global heat pump market set for robust growth

The anticipated 5.8 per cent annual growth is attributed to rapid urbanization and demand for green, energy-efficient building performance.
Rising interest rates alter slant on CRE values

Rising interest rates alter slant on CRE values

Rising interest rates have Canadian commercial real estate players adjusting their expectations about cap rates and internal rates of return.
H Mart

H Mart will anchor M2M community in North York

Aoyuan International’s upcoming M2M mixed-use community of nearly nine acres in North York will welcome Asian supermarket H-Mart as its anchor tenant.
accessibility

Canada offering $64 million for accessibility upgrades

Organizations have until November 1, 2022, to apply for a new round of funding that focuses on infrastructure improvements that boost disability inclusion and accessibility.
Atlantic Canada markets reflect national trends

Atlantic Canada markets reflect national trends

Atlantic Canada markets were in sync with nationwide trends during the first half of 2022 with a tightening supply of warehouse space and loosening office vacancies.
Consistent data for ESG reporting still elusive

Consistent data for ESG reporting still elusive

OSCRE International is targeting the asset-level information increasingly needed for ESG reporting and compliance through its new environmental data standards project.
carbon

Standard will assess carbon across whole building life cycle

ASHRAE and the International Code Council are developing a standard to assess carbon emissions across the entire building life cycle. 
GTHA lab space scarcity portends opportunity

GTHA lab space scarcity portends opportunity

Market analysts see a vibrant niche of real estate investment potential in the Greater Toronto and Hamilton Area, where the vacancy rate for lab space is currently 0.2 per cent.
TD Centre

TD Centre largest to achieve WELL certification

The Toronto-Dominion Centre, at 4.3 million square feet, has become the largest office complex in Canada to attain WELL certification. 
embodied carbon

Emissions reduction agenda up for discussion

Newly released discussion paper sets out proposed action areas for cutting about 38 megatonnes of greenhouse gas output from Canada’s building inventory within the next eight years.
mechanical contractors

Solid job growth for mechanical contractors in Ottawa

According to BuildForce Canada, 11,330 new workers will be needed to replace retiring workers in the next decade.
Retrofit Accelerator

Victoria new buildings to be zero carbon by 2025

Victoria will require all new construction to be zero carbon by 2025, part of its accelerated climate action plan.
fire safety

Bylaw for high-rise radio communication proposed in Kamloops

A new report presented to City Council last week states an increase in high-rise structures is hampering radio communication among emergency responders.
water leaks

New guidance for municipal water standards released 

Cities are often at the heart of flood and rainstorm events when it comes to responding to the aftermath.
Calgary

Calgary posts modest dip in Q2 office vacancies

Calgary's office market saw nearly 440,000 square feet of positive absorption during the first half of 2022 and a 90 basis point decline in the vacancy rate during the second quarter.
First Capital REIT resolves dispute with activist unit-holders

Matching public-private funds go to EV chargers

Commercial parking providers are increasingly seeing the equipment as a strategic lure for the growing numbers of EV owners who are looking for charging facilities.
More reservations emerging about CRE conditions

More reservations emerging about CRE conditions

Investors and asset managers typically expressed more reservations about Canadian commercial real estate this spring than when they were surveyed on their sentiments last fall.