Asset Management

accessibility

Canadian Facility Management & Design

Canada far from meeting accessibility goals

Federally-regulated organizations will need to prioritize specific actions that advance accessibility and disability inclusion by 2040.
State of good repair lags in Toronto

Canadian Facility Management & Design

State of good repair lags in City of Toronto

Toronto is backsliding on the upkeep of municipal facilities, with a state of good repair backlog that’s projected to surpass $1 billion this year and then continue accumulating to nearly $1.47 billion by 2033.
Investment returns show slipping values in 2023

Canadian Property Management

Investment returns show slipping values in 2023

Canadian investment returns for 2023 show retail improvement, industrial deceleration and continuing office value decline, as capital loss balances out income growth for a flat total return.
Building electrification projects impart lessons

Canadian Property Management

Building electrification projects impart lessons

The business case for electrification works best when retrofits are synced with the end-of-life of existing mechanical equipment and/or asset repositioning plans
insurance

Canadian Apartment Magazine

Uncertainty leads to rising costs

The biggest challenge for many real estate owners in 2024 will be finding affordable insurance coverage to protect their buildings.
Climate action levers key amid competing crises

Canadian Property Management

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.
standard

Canadian Facility Management & Design

New standards for sustainable material use

A new set of standards defines minimum sustainability criteria for high-volume materials used in architecture and interior projects.
Conversion momentum draws on combo of factors

Canadian Apartment Magazine

Conversion momentum draws on combo of drivers

Replicating Calgary’s nascent office-to-residential conversion momentum in other markets will likely depend on the same combination of weak office values, strong housing demand and generous incentives.
Distressed asset sales remain a steady fraction

Canadian Property Management

Distressed asset sales remain a steady fraction

Distressed asset sales were a nominal and relatively consistent fraction of the Canadian commercial investment property market in the first half of 2023.
Receptive climate for risk management brewing

Canadian Property Management

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.
condo

CondoBusiness

Condo managers breaking gender stereotypes

The underrepresentation of women is a prevailing narrative across the traditionally male-dominated building sector, but the world of condo management tells another story. 
workplace

Canadian Facility Management & Design

Workplace macro trends facing facility managers

The tension between employees’ desire to work fluidly and the need for predictability within a business is a key factor affecting workplaces around the world.
CRE

Canadian Facility Management & Design

CRE industry reveals data-driven demands

Canada’s top commercial real estate players have identified the growing importance of visualizing indoor building activities in real time as the use of space becomes less predictable and tenant needs evolve.
AI

CondoBusiness

Legal implications of AI in condo management

AI in condominium property management can have several legal implications, depending on how it is implemented and used. Here are some important legal considerations:
Climate change adaptation efforts unfolding

Canadian Property Management

Climate change adaptation efforts unfolding

Canada’s newly finalized climate change adaptation strategy sets out objectives and attaches mid- to near-term targets to bolster resilience in five key action areas.
Office conversion prospects judged challenging

Canadian Apartment Magazine

Office conversion prospects judged challenging

Viable conversion candidates must begin with a basic structural prerequisite, but construction costs, location, surrounding amenities and assumptions about future office values all influence the business case.
ESG metrics inform range of CRE stakeholders

Canadian Property Management

Range of CRE stakeholders demand ESG metrics

Canada’s leading commercial real estate players are increasingly turning to ESG metrics to track responsiveness to a range of emerging risks and business imperatives.