REMI

Risk Management

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.
Fastidious work lies ahead of AI advancement

Fastidious work lies ahead of AI advancement

Early adopters and enthusiasts in the commercial real estate industry cite AI's possibilities for portfolio management, risk management, valuation and assessing investment performance.
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.
Energy data refines ESG performance metrics

Energy data refines ESG performance metrics

Energy efficiency will gain standing in the 2025 GRESB assessment when the global benchmark for ESG performance of commercial real estate portfolios introduces revised scoring for its energy performance metric.
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.
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.
Pending climate-related disclosure rules highlight data requirements

A transparent need for data strategies

Based on self-reporting, many of the commercial real estate firms subject to the U.S. Securities and Exchange Commission’s pending climate-related disclosure rules are grappling with how they will comply.
Resilience still lacks climate action profile

Resilience still lacks climate action profile

Climate change adaptation measures are typically viewed as risk management rather than levers for investment returns, but they are inherently linked to building and portfolio value.
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.
Energy storage prompts battery of precautions

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.
OEB in doghouse for cost recovery ruling

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.
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.
Climate action levers key amid competing crises

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.
Social destabilization unsettles city fabric

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.
Receptive climate for risk management brewing

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.
Solar rooftop photovoltaics spark safety advice

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.