Risk Management
Securities regulators scrutinize ESG investing
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.
Climate risk infuses investment agendas
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.
Fire code updates demand steady upkeep
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.
COVID-19 related investment unveiled
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.
GRESB adjusts 2020 path to the stars
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.
New GBAC STAR grants program now available for facilities
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.
COVID-19 confounds electricity system models
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.
Pandemic-related litigation brewing in Quebec
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.
COVID-19 expected to drive transparency metrics
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.
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.
GBAC STAR accreditation to steer reopenings
The new GBAC STAR accreditation program is taking the complication and uncertainty out of reopening large Canadian commercial facilities.
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.
Black swan triggers business continuity plans
Commercial real estate operators are seeking advice across a wide spectrum of expertise as they deploy their crisis management, business continuity and recovery plans.
Smart buildings harnessed for pandemic response
While climate change may have slipped somewhat from people’s consciousness and priorities right now, it’s noteworthy that the pandemic and climate crises are both problems of exponential growth against a limited capacity to cope.
Property funds possess stabilizing mechanisms
REALPAC’s recent survey of 15 Canadian open-end real estate funds offers insight into when and why fund administrators would suspend the ability for investors to redeem their holdings.
Alberta cracks down on criminal trespass
Along with measures to discourage spurious lawsuits, the legislation has implications for commercial real estate operators and any organization with potential scofflaws among its employees or membership.
Friendlier CHP environmental approvals welcome
It's still unclear how the process of securing environmental approvals for combined heat and power systems will be streamlined, but the Ontario government's recent pledge has been greeted enthusiastically in the buildings sector.