World Views

sustainability disclosure standards to be centered in Montreal

REMI Network

Sustainability disclosure centered in Montreal

Montreal and Frankfurt will serve as host cities for the newly forged International Sustainability Standards Board, tasked with developing global disclosure standards to guide investors and capital markets.
Cushman & Wakefield

REMI Network

Cushman & Wakefield buys 40% stake in Greystone multifamily business

Cushman & Wakefield has agreed to pay $500 million for a 40% stake in Greystone's rental apartment lending and loan servicing business.
New executive role to steer Hines' carbon strategy

Canadian Property Management

New executive role steers Hines’ carbon strategy

Michael Izzo will be tasked with steering efforts to reduce operational and embodied carbon across more than 138 million square feet of assets under management, valued at approximately USD $83.6 billion.
Four Canadian pension plans rank in global top 10 for value of their infrastructure holdings

Canadian Property Management

Infrastructure holdings back Canadian pensions

Four Canadian pension plans rank in the global top 10 for value of their infrastructure holdings and also stand out for more sizeable quotients of infrastructure in their total assets.
Berlin

Canadian Apartment Magazine

Berlin votes to socialize 240,000 rental properties

In a referendum held in Berlin, residents have voted in favour of socializing over 240,000 rental properties currently owned and managed by private real estate firms.
low-income housing award

REMI Network

U.S. low-income housing developer honoured by ULI

U.S. developer Jonathan F.P. Rose, known for raising the bar for low-income housing, was recently awarded the Urban Land Institute's "Prize for Visionaries in Urban Development".
USD $1 million donation to underwrite technical assistance for achieving net zero emissions

REMI Network

Gift underwrites net zero technical assistance

The Urban Land Institute’s net zero mission has received a boost with a USD $1 million donation from Owen Thomas, the chief executive officer of Boston Properties Inc.
Global energy load has capacity to ease poverty

REMI Network

Global energy load has room to ease poverty

New research concludes there is capacity to power universal decent living standards (DLS) and stay beneath a 1.5-degree Celsius ceiling for temperature rise.
LSE IPO targets investors in supported housing ventures

Canadian Apartment Magazine

LSE offering targets supported housing ventures

Responsible Housing REIT aims to generate sustainable investment returns and pioneer an alternative model for financing and delivering affordable, assisted accommodations.
ESG benchmarking tallies continued global uptake

Canadian Property Management

ESG benchmarking tallies growing global uptake

The 2021 GRESB real estate results, slated to be released later this fall, will draw from a database of 1,520 entities collectively reporting on 117,000 assets valued at USD $5.7 trillion.
Passive House design withstood meltdown conditions during recent Ice Box Challenge in Glasgow, Scotland

Canadian Property Management

Meltdown conditions no sweat for passive cooling

Glasgow, the host city for the upcoming 2021 UN Climate Change Conference, provided the venue to test and compare the thermal performance of Passive House design against the Scottish building standard.
Oxford Properties to acquire U.S.-based portfolio of infill light industrial buildings

Canadian Property Management

U.S. infill light industrial fits Oxford’s aims

The USD $2.2-billion (CAD $2.7 billion) deal involves 149 warehouse/distribution buildings located in 12 major metropolitan markets throughout the United States.
real estate investment universe expands in 2020

Canadian Property Management

Real estate investment universe expands in 2020

MSCI estimates the global professionally managed real estate investment market grew by 9 per cent to reach USD $10.5 trillion in 2020, up from USD $9.6 trillion in 2019.
eviction

REMI Network

High eviction rates prompt U.S. investigation

Four major U.S. landlords with high eviction rates during the pandemic are being investigated for a failure to comply with the eviction moratorium.
Intra-Commonwealth investment in real estate dips in 2020

REMI Network

Pandemic strains intra-Commonwealth investment

Real estate recorded the most notable dollar-value decline in intra-Commonwealth investment activity in 2020 relative to the three-year annual average prior to the COVID-19 pandemic.
Cool careers resonate on World Refrigeration Day 2021

Construction Business

Cool careers resonate on World Refrigeration Day

The annual awareness campaign, which unfolds on June 26 every year, promotes and celebrates the role refrigeration, air-conditioning and heat pumps play in global health and productivity.
Oxford looks to pump up Australia's institutional-grade multifamily inventory

Canadian Apartment Magazine

Australia awaits institutional-grade multifamily

Oxford Properties is targeting opportunities to pump up Australia’s institutional-grade multifamily inventory and capture renters locked out of the booming housing markets in Sydney and Melbourne.