Asset Management

COVID-19 clips 2020 investment performance

Canadian Property Management

COVID-19 clips 2020 investment performance

A ten-year run of capital growth abruptly reversed, resulting in a 7.8 per cent loss of value across the 2,356 assets that the 44 portfolios represented in the Canada Annual Property Index hold.
Multifamily assets outperform the 2020 national average total return for the Canada Property Index

Canadian Apartment Magazine

Multifamily assets surpass 2020 index average

Newly released 2020 investment results find industrial and multifamily assets on the positive side of the national average total return for 2,356 directly held standing assets, which registered -4.1 per cent.
Allied offers $600 million in debentures, in line with its green financing framework

Canadian Property Management

Green financing framework steers Allied issuance

Proceeds from this and future green offerings will be applied to financing or refinancing four categories of assets to be known as eligible green projects.
Investment confidence wavers in Canadian commercial real estate in Q4 2020

Canadian Property Management

Investment confidence awaits vaccine boost

A surging second wave of COVID-19 tempered investment confidence in commercial real estate during the fourth quarter of 2020.
Entrenched social inequities reverberate through to commercial real estate

Canadian Property Management

Cracking through entrenched social inequities

Commercial real estate investors, owners and managers are acknowledging that entrenched social inequities undermine their workforces, their tenants and the value of their portfolios.
Nexus REIT to acquire eight industrial buildings

Canadian Property Management

Nexus REIT to acquire eight industrial buildings

Upon completion of the two new deals, 67 per cent of Nexus REIT’s net rental income will be derived from its industrial holdings — a jump from 61 per cent currently.
Canadian asset managers among world's 150 largest for real estate investment

Canadian Property Management

Canadian asset managers among global 150 largest

Brookfield Asset Management sits far atop the field in IPE Real Assets’ 2020 rankings of the world’s 150 largest real estate investment managers.
Multifamily energy performance

Canadian Apartment Magazine

Multifamily energy performance typically vexing

Multifamily and industrial properties are routinely lumped together as favoured investment assets, but asset managers face divergent degrees of difficulty when they seek to mine value from energy performance.
GRESB adjusts 2020 path for benchmarking ESG performance

Canadian Property Management

GRESB adjusts 2020 path to the stars

More than 50 per cent of participating Canadian portfolios were grouped in the top two brackets of results, with 11 earning 5-star status and six attaining a 4-star rating.
Grocery-anchored retail stands out positively among other retail investment properties

Canadian Property Management

Grocery-anchored retail deemed a best buy

Beyond stores selling essential goods, bricks-and-mortar retail is reeling from COVID-19-triggered public health controls and watching its already gaining competition grow even faster than projected.
GRESB separates from GBCI and seeks B-Corp status

Canadian Property Management

GRESB swaps GBCI umbrella for B-Corp status

The global benchmark for ESG performance of commercial real estate portfolios and infrastructure investments has reacquired its independence and established a non-profit foundation to oversee standards development.
COVID-19 brings fresh commercial office watchwords to the forefront

Canadian Property Management

Commercial office watchwords attuned to COVID

Market analysts typify a second quarter uptick in downtown sublet activity as a spurt, not a glut. However, they project the trend is likely to continue.
investors seeking new deals despite COVID-19

Canadian Property Management

Investors express interest in seeking new deals

Pension funds and life insurance companies appeared most anxious to get back into the game, with more than 50 per cent of reporting they were pursuing acquisitions.
Toronto Council to consider updates to investment decision process

REMI Network

Toronto to refine investment decision process

Proposed policy changes would embed United Nations sustainable development goals in ESG criteria and adjust parameters for allocations to real assets.
Retail landlords respond to COVID-19-related issues

Canadian Property Management

Retail landlords absorb and counter economic hit

Results of a wide-ranging survey show many major Canadian commercial real estate players braced for the erosion of consumer confidence, tenant solvency and their own investment returns.
Solid pre-pandemic fundamentals underpin Canadian real estate market

Canadian Property Management

Solid pre-pandemic fundamentals buttress market

Thus far, in most markets, there’s been no spurt of office sublets or rent discounts that conventionally signify an economic downturn, but there has been a flurry of conjecture about the forces COVID-19 may have unleashed.
COVID-19 related pressure for rent deferrals affecting mortgage loan liquidity

Canadian Property Management

Regulators plumb mortgage loan liquidity

COVID-19-related pressure for rent deferrals begets landlords' needs for loan concessions and heightened uncertainty for lenders.