REMI

Properties

Unmarked graves hold obvious truths

Unmarked graves hold obvious truths

The 2021 discovery of unmarked graves at the site of the former Kamloops Indian residential school both shocked Canadians and confirmed what the evidence had already made obvious.
BOMA Canada

BOMA Canada awards industry’s best for 2024

The Building Owners and Managers Association of Canada presented its national awards on September 25, 2024.
Office-using sectors make space for AI expertise

Office-using sectors make space for AI expertise

Artificial intelligence (AI) underpins job growth and real estate demand in North America’s most active markets for tech employment, including Toronto, Vancouver and Montreal.
Multiple failings uncovered in fatal fire probe

Multiple failings uncovered in fatal fire probe

Beyond the UK, the report offers lessons for onlookers everywhere about slipshod diligence, inappropriately trained safety administrators and the possible risks of commercial pressures in certification processes.
Short-term rental registry stuck in manual

Short-term rental registry stuck in manual

Toronto relies heavily on manual review processes for oversight of approximately 8,400 registrants currently approved to offer short-term rental accommodations in their principal residences.
Toronto weighs office replacement pullback

Toronto considers office replacement pullback

Proposed new policy directions could open the way for a broader range of redevelopment projects in specified downtown Toronto districts and at the midtown Yonge & Eglinton node.
Prized office tenant steps up green demands

Prized office tenant steps up green demands

Ottawa landlords are contemplating a list of new expectations from a prized office tenant following recently announced updates to the federal government’s green operations strategy.
Ontario retailers probe alcohol sales viability

Ontario retailers ponder alcohol sales viability

Leases and logistics will be major factors in whether Ontario retailers can act on pending flexibility to sell beer, wine, cider and ready-to-drink alcohol-infused beverages in grocery and convenience stores.
Alberta to tighten grip on public sector facilities managers

Alberta to tighten grip on public sector FMs

The Alberta government is moving to tighten its grip on public entities that are defined as “creatures of the province,” yet have conventionally had leeway to seek and accept direct federal investment.
Defaulted real estate loans on the upswing

Defaulted real estate loans on the upswing

Many creditors and debtors are now grappling with the fallout from a largely unexpected change in market conditions over the course of their loan agreements.
Taxing debate awaits Toronto commercial parking

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.
Exposure to U.S. office loans grows unsettling

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 Toronto

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

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.
Vancouver boasts all-asset lowest vacancy rates

Vancouver boasts all round lowest vacancy rates

Vancouver enjoys North America’s strongest demand across all asset types, ending 2023 with the lowest vacancy rates for industrial, office, multifamily and retail properties among 63 major urban markets.
Lenders set to curtail office exposure in 2024

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.
Commercial ratepayers carry heftier tax share

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.