World Views
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.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.