Canadian Property Management - The Influencers
REMI

The Influencers

Ottawa commercial landlords bid welcome

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

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.
REALPAC releases updated model green lease

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.
decarbonization

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
Commercial real estate acknowledges its demographic imbalance in favour of white men

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.
REMI

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 vaccination attestation protocols

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

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.
climate change

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 needed to truly show diversity resolve

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.
WELL Certification

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 experience vast share of 2020 real estate job loss

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

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.
Entrenched social inequities reverberate through to commercial real estate

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.