Canadian Property Management - Management
REMI

Management

Multifamily rent slippage deemed temporary blip

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.
REALPAC releases updated model green lease

Updated model green lease attuned to the 2020s

REALPAC’s newly updated model green lease for Canadian office buildings introduces measures aligned with the broadening demand for ESG reporting and performance outcomes.
IAQ combos arresting airborne spread of COVID

IAQ combos arresting airborne spread of COVID

Commercial building operators could use a combination of air exchange, filtration and purification to comply with the industry-leading guidance for arresting airborne spread of pathogens and contaminants.
decarbonization

Canada’s clean energy efforts garner plaudits

The International Energy Agency commends Canada's targets and policies for reducing greenhouse gas emissions and identifies it as a potential key player in the transition to low-carbon energy sources
renovations

Keeping your renovations pest-free

When planning and executing renovations, your pest management provider should be seen as a partner throughout the entire process.
Commercial real estate acknowledges its demographic imbalance in favour of white men

CRE’s demographic imbalance shifts tentatively

A majority of survey respondents are intent on broadening the industry's base of employees, but, for now, white men still fill the decision-making echelon to a disproportionate degree.
REMI

Climate change and ESG pervade CRE projections

Climate change is more ominous than the spectre of regulations and taxes for a small majority of commercial real estate leaders responding to REALPAC’s recent survey of their expectations for the next decade.
Stricken asset classes shaking off COVID

Stricken asset classes now shaking off COVID

Office and retail were diagnosed as stricken asset classes early in the pandemic, but after 20 months on the disabled list, conventional venues for labour and shopping are rallying to fight for market share.
plastics

Subpar waste diversion trails Ontario target

About 85 per cent of waste from Ontario's businesses, public institutions, residential buildings with six or more units and construction/demolition sites ends up in landfill, including a vast amount of recyclable material.
emissions

Rare decisions have acute carbon consequences

Daily vigilance is central to achieving operational energy savings, but rare decisions typically have the most acute carbon consequences in buildings.
Ontario's overdue property reassessment has been postponed for a third time

Overdue property reassessment raises alarm

Ontario’s overdue property reassessment is on hold until at least 2024, leaving many commercial ratepayers with a further wait to realize tax reductions from pandemic-related value erosion.
Alberta

COVID impacts linger for commercial ratepayers

Assessed values in Ottawa and Toronto will be at least seven years out of date and Winnipeg’s will be nearly five years behind before new assessment cycles begin in those cities.
5G rollout could bring clutter of antennas

5G rollout could bring clutter of antennas

Making buildings smarter could force some aesthetic trade-offs in commercial buildings as 5G services begin arriving on the mid-band and high-band of the spectrum.
office

Why wait? The new office normal is up to you

From now on, companies will distinguish themselves by the enhanced experience they are able to offer their employees who take the time and effort to travel to the office.
Environmental mishaps can herald personal liability

Environmental mishaps herald personal liability

Personal liability is a mounting possibility for directors, officers and supervisors of organizations that run afoul of environmental regulators or are on the losing side of civil litigation.
Post-CERS property expense relief announced

Post-CERS property expense relief announced

A new iteration of property expense relief will be more bountiful for many recipients than recent payouts of the Canada Emergency Rent Subsidiary, but fewer commercial tenants or owner-occupiers will qualify.
Pandemic paperwork piles up with new vaccination attestation protocols

Pandemic paperwork piles up with new protocols

Pandemic paperwork is becoming more voluminous for commercial landlords as a growing list of influential tenants ask for proof that building personnel have two valid COVID-19 vaccinations.