REMI

Financial Management

Gentle density roughs out space for infill

Canadian Apartment Magazine

Gentle density roughs out space for infill

Governments across Canada have introduced various measures to encourage accessory dwelling units and more infill housing supply on existing residential properties.
Canada aims to foster decarbonization capital

Canadian Property Management

Canada aims to foster decarbonization capital

The Canadian government promotes a standardized approach for categorizing sustainable investment and verifying its credibility for market participants.
Vacant residential land stirs surtax rumblings

Canadian Property Management

Vacant residential land stirs surtax rumblings

The Canadian government is exploring options for a surtax on vacant residential land through a newly launched public consultation, which is open for submissions until December 31, 2024.
Fastidious work lies ahead of AI advancement

Canadian Property Management

Fastidious work lies ahead of AI advancement

Early adopters and enthusiasts in the commercial real estate industry cite AI's possibilities for portfolio management, risk management, valuation and assessing investment performance.
Short-term rental registry stuck in manual

Canadian Apartment Magazine

Short-term rental registry stuck in manual

Toronto relies heavily on manual review processes for oversight of approximately 8,400 registrants currently approved to offer short-term rental accommodations in their principal residences.
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.