World Views

Raw performance metrics unflattering to Canada

Canadian Property Management

Raw performance metrics unflattering to Canada

Canada ranks 7th for its policy measures and second-last in performance outcomes in an analysis of energy efficiency efforts in the world's 25 highest energy-consuming countries.
U.S. UPREIT pioneers cryptocurrency options

REMI Network

U.S. UPRREIT pioneers cryptocurrency options

A private, non-traded fund specializing in alternative real estate asset classes has announced a new partnership with BitPay, allowing investors to convert designated cryptocurrencies into shares.
VRCA

Canadian Property Management

Canada makes podium for LEED certified space

Canada ranks third globally for the amount of LEED certified space added to its national building inventory in 2021.
New York to review public projects contracting practices

Construction Business

New York scrutinizes public projects contracting

State review will address concerns that bidding processes are onerous and standard terms and conditions related to payment, completion timelines and dispute resolution are unfair.
Ottawa apartment

Canadian Apartment Magazine

Greystar, Ivanhoe Cambridge form joint venture in Chile

Greystar Real Estate Partners and Ivanhoé Cambridge announced they have formed a new joint venture to pursue multifamily opportunities in Chile.
Canadian named Young Tunneller of the Year

Construction Business

Canadian named Young Tunneller of the Year

Michael Mains, a senior design lead with AECOM in Vancouver, has capped off the first decade of his career with the 2021 Young Tunneller of the Year award from the International Tunnelling and Underground Space Association.
CSA Group takes lighting services to California

Design Quarterly

CSA Group takes lighting services to California

CSA Group promises to hasten turnaround times for getting lighting products into the marketplace through centralized offering of testing, inspection and certification services,
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.
Tricon Residential

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.
embodied carbon

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.
RCMP

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.