Retail

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.
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.
Vancouver boasts all-asset lowest vacancy rates

Canadian Property Management

Vancouver boasts all round lowest vacancy rates

Vancouver enjoys North America’s strongest demand across all asset types, ending 2023 with the lowest vacancy rates for industrial, office, multifamily and retail properties among 63 major urban markets.
disabilities

Canadian Facility Management & Design

Accommodating disabilities in the workplace

The accommodation process is inherently collaborative, and employers and employees need to be cooperative, share information, and work together to find potential accommodation solutions.
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.
Commercial ratepayers carry heftier tax share

Canadian Property Management

Commercial ratepayers carry heftier tax share

Commercial ratepayers took on a larger share of the property tax burden in eight of 11 large Canadian cities this year, with 2023 commercial tax rates more than tripling residential tax rates in six of those cities.
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.
tornado

CondoBusiness

Tornado research uncovers risks for homeowners

Canada’s tornado risk is more widespread than once thought, according to a growing body of research that, for the first time, tracks the occurrence and aftermath facing property owners across the country.
FM

Canadian Facility Management & Design

Women execs in FM share recruitment insight

A discussion earlier this year gleaned perspectives from women executives on how they promote the FM industry.
Department store drain continues

Canadian Property Management

Department store drain continues

Nordstrom Canada’s sudden swoosh into the department store drain will leave empty anchor space in some of the country’s top-performing and most prestigious regional malls.
B.C. ponders commercial space for cannabis use

Canadian Property Management

B.C. ponders commercial space for cannabis use

Newly released findings from British Columbia’s public consultation on cannabis lounges unsurprisingly confirm that recreational cannabis users are most likely to find the concept appealing.
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.
Food-anchored retail tops CREinvestment menu

Canadian Property Management

Food-anchored retail tops CRE investment menu

Food-anchored retail plazas remain a staple on the commercial real estate menu, again emerging as the preferred asset type in Altus Group’s survey of Canadian investment trends in Q2.
Private homes preferred venue for cannabis consumption

CondoBusiness

Private homes preferred for cannabis use

More than 90 per cent of survey respondents confirm that they typically use non-medical cannabis in their own homes, while 46 per cent use it in other people’s homes.
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.
Commercial leases attract political attention

Canadian Property Management

Commercial leases attract political attention

Both the NDP and Green parties float concepts for standardized lease agreements and rent control guidelines in their recently released platforms for the June 2 Ontario election..