REMI

Financial Management

Co-working

Canadian Facility Management & Design

Hotel-inspired co-working redefines 302 Bay

At first glance, the lobby inside 302 Bay Street, soon to be the newest co-working space from iQ Offices, looks exactly like a high-end hotel or restaurant.
Ontario retailers probe alcohol sales viability

Canadian Property Management

Ontario retailers ponder alcohol sales viability

Leases and logistics will be major factors in whether Ontario retailers can act on pending flexibility to sell beer, wine, cider and ready-to-drink alcohol-infused beverages in grocery and convenience stores.
Pending climate-related disclosure rules highlight data requirements

Canadian Property Management

A transparent need for data strategies

Based on self-reporting, many of the commercial real estate firms subject to the U.S. Securities and Exchange Commission’s pending climate-related disclosure rules are grappling with how they will comply.
Promise of safe haven woos foreign investors

Canadian Apartment Magazine

Promise of safe haven woos foreign investors

Foreign investors contemplating Canada’s multifamily market may see more theoretical than actual opportunity, given the current scarcity of available product.
Capital gains tax adjustment unnerves CRE

Canadian Property Management

Capital gains tax adjustment unnerves CRE

The jump in the capital gains inclusion rate is expected to have an immediate impact on property sales, while being factored into longer term asset management and investment decisions.
Decarbonization roadmap navigators now in demand

Canadian Property Management

Decarbonization roadmap navigators in demand

Real estate operators are looking to consultants, turnkey contractors and software for navigational assistance in developing and implementing decarbonization roadmaps.
Alberta to tighten grip on public sector facilities managers

Canadian Facility Management & Design

Alberta to tighten grip on public sector FMs

The Alberta government is moving to tighten its grip on public entities that are defined as “creatures of the province,” yet have conventionally had leeway to seek and accept direct federal investment.
Resilience still lacks climate action profile

Canadian Property Management

Resilience still lacks climate action profile

Climate change adaptation measures are typically viewed as risk management rather than levers for investment returns, but they are inherently linked to building and portfolio value.
Potential property tax relief looks uneven

Canadian Apartment Magazine

Potential property tax relief looks uneven

A potential incentive for new purpose-built rental housing in Ontario comes with adverse implications for existing multifamily properties, thanks to the mathematics of property tax allocation.
Defaulted real estate loans on the upswing

Canadian Property Management

Defaulted real estate loans on the upswing

Many creditors and debtors are now grappling with the fallout from a largely unexpected change in market conditions over the course of their loan agreements.
Taxing debate awaits Toronto commercial parking

Canadian Property Management

Taxing debate awaits Toronto commercial parking

Debate about a proposed surcharge on commercial parking spaces in Toronto has been deferred until City Council begins to consider 2025 budget measures.
Tenant lounge

Canadian Facility Management & Design

Tenant lounge reborn from vacant retail space

A former convenience store, adjacent to the lobby inside a downtown Toronto office tower, has been transformed into a private 1920s-style Art Deco lounge for tenant meetings and events.
WELL

CondoBusiness

WELL evolves into residential communities

Minto Communities is the first developer in Canada to pilot the WELL for residential program, which sets out to create healthier homes.
Clean energy projects serve mix of purposes

Canadian Property Management

Clean energy projects serve mix of purposes

Clean energy projects present a burgeoning means for Indigenous peoples to assert stewardship of natural resources, nurture sustainable economic growth and curb reliance on fossil fuels.
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.
Exposure to U.S. office loans grows unsettling

Canadian Property Management

Exposure to U.S. office loans grows unsettling

Regional and mid-sized banks in the United States are considered most vulnerable to losses on commercial real estate loans, particularly those tied to that country’s shaky office sector.
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.