World Views

Ukraine's rebuilding efforts on Canada's agenda

REMI Network

Ukraine’s rebuilding efforts on Canada’s agenda

Canada has committed $216 million over five years to support Ukraine’s rebuilding efforts and is also exploring ways that reachable Russian assets might be cashed out to further that purpose.
UK tenants

Canadian Apartment Magazine

UK tenants face challenging rental market conditions

New research reveals that UK tenants are now paying 46 per cent more for their monthly rent than they were a decade ago.
Shelved takeover attempt resets hotel rivals

REMI Network

Shelved takeover attempt resets hotel rivals

Choice Hotels International has retreated from its nearly year-long effort to take over Wyndham Hotels & Resorts, withdrawing its share purchase offer and slate of board candidates.
Sustainable finance quest spurs global alliance

Canadian Property Management

Sustainable finance quest spurs global alliance

Green building proponents in Australia, the United Kingdom and the United States are joining forces to produce and promote guidance on sustainable finance options for real estate.
All-male boards dwindling in real estate

Canadian Property Management

All-male boards dwindling in real estate

In 2023, real estate made the best year-over-year progress in shedding all-male boards among the 11 industry sectors tracked in MSCI’s all-country world index (ACWI).
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.
CRE construction activity tops 5-year U.S. average

Construction Business

CRE construction activity tops 5-year U.S average

Combined spending on office, industrial and retail construction projects dropped below 2022 levels in the U.S. last year, but still surpassed the five-year average for the period since 2019.
Latinx real estate professionals to gather

REMI Network

Latinx real estate professionals to gather

Latinx real estate professionals can discuss career perspectives at an inaugural half-day forum sponsored by NAREIM, the U.S. National Association of Real Estate Investment Managers.
asset management

Canadian Apartment Magazine

New multifamily asset management department launches in US

US Housing Consultants has launched a new multifamily asset management department that will offer services such as capital needs assessments and energy audits.
labour council

Construction Business

New council formed to combat labour crisis

A new Skilled Trades Advisory Council (STAC) has been formed to combat the crisis facing skilled labour in the U.S. and Canada.
green building

REMI Network

Industry pact supports upskilling amid green building transition

An industry pact focuses on continuing education among building operations and maintenance workers in the EU as demand for sustainable operations accelerates.
Delinquent loans mount on U.S. office assets

REMI Network

Delinquent loans mount on U.S. office assets

DBRS Morningstar’s recently released status report on commercial mortgage-backed securities counts July as the fourth consecutive month with rising delinquency rates.
Canada shares real estate's global value dip

Canadian Property Management

Canada shares in real estate’s global value dip

The global value of professionally managed real estate fell by 4.1 per cent last year relative to 2021, representing a USD $600 billion year-over-year drop.
Global smart lighting market poised for bright future

Canadian Facility Management & Design

Smart lighting market poised for bright future

The global market for smart lighting is projected to reach USD $45 billion in sales by 2028, representing a compound annual growth rate of more than 20 per cent over the next five years.
CRE loan books undergo U.S. Fed stress test

REMI Network

CRE loan books undergo U.S. Fed stress test

Through a recent stress testing exercise, the U.S. Federal Reserve determined that potential losses on commercial real estate loans pose the second highest risk for lenders after credit cards.
World Refrigeration Day touts cool cachet

Canadian Property Management

World Refrigeration Day touts cool cachet

World Refrigeration Day, marked annually on June 26, recognizes the contribution that refrigeration and air conditioning make to global productivity, health and safety.
Federal government

Canadian Apartment Magazine

Altman Companies launches affordable housing division

U.S. real estate developer The Altman Companies announced it has launched a new division focused on creating affordable and workforce housing.