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Industry News

investment performance expectations rally in Q2

Investment performance expectations rally in Q2

Recently released results of the REALPAC/Ferguson Partners Canadian Real Estate Sentiment Survey show industry executives in a more upbeat mood in Q2 2021 than was the case 12 months earlier.
CERS relief measures revised and extended

CERS relief measures revised and extended

Relief measures will be more generous than previously announced for commercial tenants and owners/occupiers qualifying for the Canada Emergency Rent Subsidy.
Metrolinx

Mixed-use plans for newly acquired Metrolinx site

Edenshaw Developments and Windsor Private Capital acquired a 1.48-acre Metrolinx site adjacent to the Port Credit Mobility Hub.
BOMA Canada's 2021 pandemic guide set for release

2021 pandemic guide draws on lessons learned

Ironically, COVID-19 delayed what had been a planned 2020 update, but also generated myriad new insights for the resulting 2021 edition of BOMA Canada's established reference document.
Broccolini acquires former Ford assembly plant site in southwest Ontario

New owner for long idle Ford assembly plant site

Broccolini's acquisition takes one of the largest available tracts of industrially zoned land in Canada off the market.
Manulife Centre primed for retail relaunch

Manulife Centre primed for retail relaunch

One of Canada’s pioneering mixed-used developments is ready to unveil its new look after an extensive revitalization project, and in step with phase two of Ontario's post-lockdown reopening plan.
Risk assessment tool for the pandemic's late stages

Risk assessment for the pandemic’s late stages

A three-minute assessment exercise helps users identify and minimize exposure risks at a time when rules are changing, more people are returning to public venues and it is not easily apparent who has been fully vaccinated.
Pandemic interlude grips Canadian office markets for fifth successive quarter

Pandemic interlude grips fifth successive quarter

The pandemic interlude cast gloom on Canadian office markets for a fifth successive quarter, but they are heading into a sixth with signs that pressures could be easing.
IFMA

McGill to train next-gen leaders in ethical A.I. use

A new cohort of students at McGill University will soon be poised to tackle crucial questions about the application and potential misuse of Artificial Intelligence, which continues to change the retail landscape.
race2reduce expands field of potential competitors

Expanded field now eligible for race2reduce

Commercial buildings in Toronto’s neighbouring York Region can now join the challenge and gain eligibility for the Commercial Real Estate Sustainability Trailblazers (CREST) awards.
Nova Scotia

Nova Scotia invests in tourism recovery

Operators of tourist-friendly spaces across Nova Scotia will be on the receiving end of a $18.2-million restart package as part of the province's phased reopening strategy.
SFU

Alectra to open new 400-employee operations centre in Brampton

Alectra has chosen Brampton, Ontario, as the location of their brand-new sustainable operations centre that will be built to LEED Gold.
Hudson Pacific

Hudson Pacific wins NAIOP Developer of the Year

NAIOP has selected Hudson Pacific Properties as the 2021 Developer of the Year – the association’s highest honour.
DEI

CREED Council to champion equity and diversity

A new volunteer council, gleaning insight and experience from all commercial real estate disciplines, is exhorting the industry to better reflect the society in which it operates.
Canadian proptech ventures to be groomed for growth

Canadian proptech ventures groomed for growth

The U.S. National Association of Realtors is searching the Canadian market for promising technologies for the commercial and residential real estate sectors.
GTA investment

Looser office densities deemed viable in Toronto

Toronto is positioned among select global cities with a combination of space and cost factors that could better appeal to employers seeking to expand space-per-person ratios in their office footprint.
BOMA Canada to launch Circular Economy Guide for Real Estate

CRE sussed for circular economy applications

BOMA members and other interested parties are asked to complete a short online survey ahead of the upcoming launch of the new Circular Economy Guide for Commercial Real Estate.