The Influencers
Ottawa commercial landlords bid welcome
Mona Fortier, President of the Treasury Board of Canada, confirms that public service employees will be expected to spend 40 to 60 per cent of their working hours in a formal office setting.
Ukrainian evacuees arrive to housing scarcity
Newcomers will be confronting Canada’s affordable housing shortage, while also dealing with potential trauma, language barriers and the general culture shock of unfamiliar surroundings.
Updated model green lease attuned to the 2020s
REALPAC’s newly updated model green lease for Canadian office buildings introduces measures aligned with the broadening demand for ESG reporting and performance outcomes.
Canada’s clean energy efforts garner plaudits
The International Energy Agency commends Canada's targets and policies for reducing greenhouse gas emissions and identifies it as a potential key player in the transition to low-carbon energy sources
CRE’s demographic imbalance shifts tentatively
A majority of survey respondents are intent on broadening the industry's base of employees, but, for now, white men still fill the decision-making echelon to a disproportionate degree.
Climate change and ESG pervade CRE projections
Climate change is more ominous than the spectre of regulations and taxes for a small majority of commercial real estate leaders responding to REALPAC’s recent survey of their expectations for the next decade.
Pandemic paperwork piles up with new protocols
Pandemic paperwork is becoming more voluminous for commercial landlords as a growing list of influential tenants ask for proof that building personnel have two valid COVID-19 vaccinations.
Real estate gender splits outdo TSX benchmark
Women are somewhat more conspicuous in commercial real estate’s executive suites and boardrooms than is the average for Canadian companies that disclose such information to regulators and unit/shareholders.
Real estate could reap climate action dividends
The global urgency for climate action has an upside companion in global opportunities for strategic investment that could improve people’s lives and yield sustainable returns.
Measurable actions convey diversity resolve
The CREED Council’s 22-member board of directors is influentially placed in senior management roles in property management, development, leasing, finance/investment and various professional services.
Pandemic propels healthy building momentum
COVID-19 has intensified pressure to support physical, social and emotional well-being within the built environment, but many investors, owners and managers were already embracing healthy building principles ahead of pandemic-triggered challenges.
Women bear brunt of 2020 real estate job loss
Women were jettisoned from 14,300 of the roughly 16,000 positions Ontario's real estate, rental and leasing sector shed last year.
COVID-19 clips 2020 investment performance
A ten-year run of capital growth abruptly reversed, resulting in a 7.8 per cent loss of value across the 2,356 assets that the 44 portfolios represented in the Canada Annual Property Index hold.
Cracking through entrenched social inequities
Commercial real estate investors, owners and managers are acknowledging that entrenched social inequities undermine their workforces, their tenants and the value of their portfolios.
Multifamily energy performance typically vexing
Multifamily and industrial properties are routinely lumped together as favoured investment assets, but asset managers face divergent degrees of difficulty when they seek to mine value from energy performance.
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.
Five-year gains buttress tech talent hubs
Nearly 900,000 workers in technology sector positions comprise about 5.6 per cent of the Canadian labour force and are making their presence felt in the real estate markets of large and mid-sized cities alike.

















