Industry News
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 have Canadian commercial real estate players adjusting their expectations about cap rates and internal rates of return.
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.
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 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
OSCRE International is targeting the asset-level information increasingly needed for ESG reporting and compliance through its new environmental data standards project.
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
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 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.
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.
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.
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.
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.
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 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.
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
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.




















