Management
Energy storage prompts a battery of precautions
In step with the projected surge in energy storage installations, fire safety advisors are actively working to help clean tech adopters understand and mitigate the risks.
Taxing debate awaits Toronto commercial parking
Debate about a proposed surcharge on commercial parking spaces in Toronto has been deferred until City Council begins to consider 2025 budget measures.
OEB in doghouse for cost recovery ruling
The Ontario government plans to establish its authority to designate critical gas transmission projects and reaffirm the existing cost recovery model for connecting natural gas service to new residential development.
Clean energy projects serve mix of purposes
Clean energy projects present a burgeoning means for Indigenous peoples to assert stewardship of natural resources, nurture sustainable economic growth and curb reliance on fossil fuels.
Exposure to U.S. office loans grows unsettling
Regional and mid-sized banks in the United States are considered most vulnerable to losses on commercial real estate loans, particularly those tied to that country’s shaky office sector.
State of good repair lags in City of Toronto
Toronto is backsliding on the upkeep of municipal facilities, with a state of good repair backlog that’s projected to surpass $1 billion this year and then continue accumulating to nearly $1.47 billion by 2033.
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.
CRE fosters all-in approach to decarbonization
Daunting net zero targets in the buildings sector are spurring an all-in approach to decarbonization that assigns roles to finance, engineering, management and operational teams.
DEI progress harder to see in 2023 survey
A jump in participation makes progress harder to see in findings from the third global survey of diversity, equity and inclusion initiatives in the commercial real estate sector.
Building electrification projects impart lessons
The business case for electrification works best when retrofits are synced with the end-of-life of existing mechanical equipment and/or asset repositioning plans
Outdoor lighting principles hail the dark side
Guiding principles for responsible nighttime lighting define how light should be applied, but, first, prospective installers are advised to consider whether lighting is even necessary.
Lenders set to curtail office exposure in 2024
Lenders generally expect to curtail office exposure while increasing overall allocations to Canadian real estate in 2024, findings from CBRE Canada's annual survey reveal.
Opinion: Accessibility is everybody’s business
Society benefits, and invariably prospers, when people everywhere can more easily share their experience, knowledge and culture and exercise their spending powers
Climate action levers key amid competing crises
Strategists are pondering the most effective climate action levers to keep attention focused on reducing greenhouse gas emissions as other events and pressures commandeer priority-setting agendas.
Generative AI poised to realign CRE status quo
Emerging generative AI applications could realign the status quo within commercial real estate’s property administration, brokerage and investment management services.
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.
Social destabilization unsettles city fabric
Data, collaborative networks and a suite of tested best practices can be valuable resources for property managers pressed to respond to the unsettling social destabilization occurring in many Canadian cities.