Financial Management

Lender confidence varies by CRE asset class

Canadian Property Management

Lender confidence varies by CRE asset class

Logistics warehouses, multifamily rental buildings, data centres and life sciences labs are tapped as favoured assets in CBRE Canada’s newly released survey of lenders' sentiment.
Condo project financing confronts new math

CondoBusiness

Condo project financing confronts new math

More cautious criteria for condo project financing could upend some development pro formas and potentially constrain housing starts in the coming months.
Push to curb inflation has CRE ramifications

Canadian Property Management

Push to curb inflation has CRE ramifications

Transaction volume had been surpassing pre-pandemic levels until the steepest and most rapid rise in interest rates thus far this century undermined that momentum.
building conversions

Canadian Apartment Magazine

From office to residential

Office-to-residential building conversions have been gaining momentum in some Canadian cities, but how viable are they as a long-term housing solution?
Infrastructure

Construction Business

Infrastructure investment a go-to in downturn

For public partners, P3s are a means to transfer risk. For the private sector, infrastructure’s recession-proof profile dovetails with expectations for a prolonged building spree.
condo managers

CondoBusiness

Ontario condo managers grapple with price hikes

As multi-residential buildings grapple with rising construction costs, condo managers in Ontario are experiencing the impacts up close.
HST

CondoBusiness

Construction costs rattle the condo industry

Construction cost increases are a significant concern if a condo needs to complete work in the next year or so. But the concern isn't just the here and now.
Housing supply-demand imbalance set to persist

Canadian Apartment Magazine

Housing supply-demand imbalance set to persist

Recent CMHC analysis concludes that approximately 3.5 million additional dwelling units are needed to meet demand and pull prices back into closer alignment with purchasers’ and tenants’ incomes.
safest cities

Canadian Apartment Magazine

One-time renter payment coming to Canada

Inside the federal government's plan to provide a one-time renter payment of $500 to low-income Canadians struggling to pay their rent.
clean

Canadian Property Management

CRE measures up as Canadian economic driver

A new report estimates commercial real estate made a $148.4 billion total contribution to Canada’s GDP last year, when factoring its direct, indirect and induced impacts.
shopping

Canadian Facility Management & Design

Designing the shopping experience of the future

New theories on retail centre on how experiences, convenience and a sense of community can draw people to a physical site.
fraud

CondoBusiness

Uptick in fraud a wake-up call for condos

In these economically trying times, as one would expect, fraud has been rearing its ugly head. Unfortunately, condominium corporations have increasingly become an easy target.
Q2 market trends follow familiar patterns

Canadian Property Management

Q2 market trends follow familiar patterns

Midway through 2022, Colliers Canada pegs the national office vacancy rate at just below 13 per cent, while the national industrial vacancy rate sits 1,200 basis points lower.
Property tax relief looks iffy in New Brunswick

Canadian Property Management

Property tax relief looks iffy in New Brunswick

Beginning in 2023, municipalities will have flexibility to pull more revenue from their non-residential tax base, potentially cancelling out a phased 15 per cent reduction in the provincial property tax rate that was introduced this year.
inflation

REMI Network

Inflation and wage increases are twin problems for companies

Inflation, in combination with tight labour markets, is compounding the rising wages in the frontline service workforce.
Special assessments foreseen as CPI rises

CondoBusiness

Special assessments foreseen as CPI rises

Coming out of an extended period of low inflation, many condo boards will confront reserve fund shortfalls as the consumer price index now pushes up toward 7 per cent.
HSBC

Canadian Facility Management & Design

Going fully hybrid at HSBC’s new Toronto office

On a Friday morning, in HSBC Bank’s new corporate office at 16 York in downtown Toronto, sit-stand desks and meeting rooms are dotted with workers who’ve returned from pandemic lockdowns.