Management
BOMA Canada launches net-zero learning pursuit
The first step in BOMA Canada's efforts to achieve net-zero operations, develop replicable guidance from the experience and promote best practices for carbon offsets begins with BOMEX 2023.
Receptive climate for risk management brewing
New guidance for CRE investors and owners/managers highlights climate-related risks, recommended safeguard measures and key questions for gauging the preparedness of assets.
Ontario keeps clinging to 2016 market values
The recent regulation to postpone Ontario's property reassessment for another year stretches the assessment cycle to double its originally intended time span.
Toronto strives to find more cash
Commercial properties are central to Toronto’s efforts to find more cash as the city government considers how to address massive budget shortfalls projected for 2024 and into the future.
Rooftop solar photovoltaics spark safety advice
Rooftop solar PV installations pack a potentially lethal electrical charge, necessitating vigilant monitoring and maintenance of the many system components.
Tech finds highly competitive options in Canada
Eight Canadian cities rank among the top 50 North American markets for fostering tech employment, with Toronto, Vancouver, Montreal, Ottawa, Waterloo Region and Calgary all placed in the top half of the list.
Global energy appetite eats up efficiency gains
The global buildings sector made some headway in curbing its energy appetite and output of greenhouse gas emissions last year, but is still off-pace to achieve the International Energy Agency's targets.
Climate change adaptation efforts unfolding
Canada’s newly finalized climate change adaptation strategy sets out objectives and attaches mid- to near-term targets to bolster resilience in five key action areas.
Human capital elusive for real estate employers
Employers are pressed to fill new kinds of positions and to bolster tech savviness throughout their organizations, while facing labour shortages and a highly competitive market for certain skills.
Office conversion prospects judged challenging
Viable conversion candidates must begin with a basic structural prerequisite, but construction costs, location, surrounding amenities and assumptions about future office values all influence the business case.
Range of CRE stakeholders demand ESG metrics
Canada’s leading commercial real estate players are increasingly turning to ESG metrics to track responsiveness to a range of emerging risks and business imperatives.
Canada to pursue energy efficiency improvements
Canada has joined 44 other national governments, worldwide, in endorsing the International Energy Agency's push for a 4 per cent annual reduction in energy intensity by 2030
Trophy office towers widening gap from the pack
Trophy office towers could be anchored atop the market for the long term as the past decade’s wave of new building subsides and little further development is anticipated.
Office building values still trending downward
Appraisers generally expect office building values to keep slipping over the course of 2023 as a range of factors undermine cash flow, push up cap rates and make investors skittish.
Multifamily asset values hold steady
Multifamily asset values appear to be holding steady, but transaction volume plummeted in the first quarter of 2023.
Ontario offers bonus incentives for retrofits
Bonus incentives for energy efficiency upgrades will be available to select commercial and multifamily landlords and condominium corporations in Ontario during the second and third quarters of 2023.
Ontario awaits patchy debut of discount power
Most condominium corporations and rental housing landlords will need to make capital investments in energy storage to realize the benefits of Ontario's ultra-low overnight electricity rate.




















