Retail

office-using sectors show relative resilience in COVID-19 job loss scenarios

Office-using sectors show relative resilience

There is plenty of uncertainty and little consensus on the economic outlook for Canada and the United States. It is becoming clear that it will not be a V-shaped recovery, and it is more likely to be uneven and prolonged.
Retail landlords respond to COVID-19-related issues

Retail landlords absorb and counter economic hit

Results of a wide-ranging survey show many major Canadian commercial real estate players braced for the erosion of consumer confidence, tenant solvency and their own investment returns.
Public transit wariness

Public transit wariness makes the core edgy

Commuters’ willingness to jump on the bus, light-rail car or subway is expected to be a driving factor in repopulating office space in some major North American markets, including Toronto, Montreal and Vancouver.
Solid pre-pandemic fundamentals underpin Canadian real estate market

Solid pre-pandemic fundamentals buttress market

Thus far, in most markets, there’s been no spurt of office sublets or rent discounts that conventionally signify an economic downturn, but there has been a flurry of conjecture about the forces COVID-19 may have unleashed.
Canadians now fill half of BOMA International executive officer positions

Details of CECRA program rollout still emerging

The CECRA program is voluntary. Not all eligible landlords will necessarily take advantage of this program for various reasons.
ergonomic lighting

COVID-19 ripples through to commercial leasing

Landlords and tenants are continuing to move lease transactions forward in anticipation of a return to business as usual in the near future.
energy demand load shifts to residential sector

Energy demand load shifts to residential base

The energy demand load has shifted in sync with much of Ontario’s workforce from commercial to home offices, prompting calls for suspension of time-of-use pricing during the current COVID-19 related upheaval
TSX Venture Exchange

REITs boast 2019 gains on TSX Venture Exchange

Venture 50 accolades are awarded based on three equally weighted criteria for one-year gains in share price, trading volume and market capitalization.
Industrial-retail seesaw

Industrial-retail seesaw in play for investors

A 6.65 per cent average total return on the Canada Property Index's 2,723 directly held standing assets, scattered across eight major markets, cloaks significant variances between property sectors and from market to market.
value-add assets

Turnaround tales of value-add assets

Prominent Canadian asset managers recently recounted their experiences in repositioning underperforming properties, offering insight on turnaround logistics and the role value-add assets play in investment strategies.
big three retail landlords

Big three retail landlords thrive on experience

Yorkdale Shopping Centre again takes the title of Canada's most productive mall in the Retail Council of Canada's annual analysis of shopping centres with more than 250,000 square feet of gross leasable area.
Yonge Sheppard Centre

Long-awaited revival of Yonge Sheppard Centre

A scurry of people is criss-crossing paths in the newly renovated Yonge Sheppard Centre in North Toronto.
property tax breaks

Alberta enables long-term property tax breaks

Newly adopted amendments to Alberta's Municipal Government Act extend provisions that were initially devised to support the rejuvenation of derelict brownfields to all non-residential properties.
COVID-19 fallout

Some drag in buoyant 2018 investment returns

A surging industrial sector helped to counterbalance slipping retail values and push up 2018 investment returns on Canadian commercial real estate.
property assessment

Ontario revises property assessment schedule

The launch of a new four-year cycle in 2017 spurred a wave of assessment appeals as property owners reacted to often dramatic increases in value over the previous assessment.
child care

More landlords use child care to bolster amenities

Corporate tenants are increasingly demanding child care in their buildings to help female employees go back to work after maternity leave.
insurance

Spring pests return for flood season

Flood season is arriving to regions across Canada, posing a significant risk to infrastructure, potential loss of life and pest-related health risks.