Recognizing the dangers of combustible dust accumulations will help to ensure the prevention of explosions.
Open communication from management and staff will be key to normalizing new and fast-evolving cleaning procedures.
Based on survey findings, downtown commercial landlords are beginning the pandemic recovery process with a tenant base that generally looks favourably on the area and their experiences within it.
Enhancing cleaning, disinfection, and communication is critically important within real estate at a time when health and safety is top of mind.
Securities regulators wish to confirm that the representations registrants are making about the incorporation of ESG principles in their investment decision-making processes are consistent with their actual policies and procedures.
Canadian commercial real estate assets are comparatively less exposed to the dire physical threats that extreme weather poses or has already served up in other global regions.
Although they increasingly rely on professional service providers to keep up with the complexities of compliance, owners/managers ultimately carry the responsibility for life safety and bear the brunt of enforcement.
The commercial real estate, facilities management and construction/retrofit sectors appear poised to capture a share of the spending announced in the Canadian government’s fall economic statement.
More than 50 per cent of participating Canadian portfolios were grouped in the top two brackets of results, with 11 earning 5-star status and six attaining a 4-star rating.
The grant offers qualifying facilities a chance to help offset the costs of the GBAC STAR accreditation program and a free 6-month trial of a cleaning task management software.
After scrambling to recalibrate their models in the early days of COVID-19-related shutdowns, analysts with Ontario's Independent Electricity System Operator faced more uncharted territory when the hot weather arrived.
Commercial real estate specialists are noting a recent Quebec superior court decision with interest, suggesting it could become a beacon for other tenants seeking rent relief.
Canada once again places in the top tier of “highly transparent” nations in the newly released 2020 edition of the JLL/LaSalle Global Real Estate Transparency Index.
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.
The new GBAC STAR accreditation program is taking the complication and uncertainty out of reopening large Canadian commercial facilities.
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.
Commercial real estate operators are seeking advice across a wide spectrum of expertise as they deploy their crisis management, business continuity and recovery plans.