Asset Management

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.
COVID-19's black swan prompts rollout of business continuity and recovery plans

Canadian Property Management

Black swan triggers business continuity plans

Commercial real estate operators are seeking advice across a wide spectrum of expertise as they deploy their crisis management, business continuity and recovery plans.
COVID-19 fallout

Canadian Property Management

Real estate suffers uneven COVID-19 fallout

Market analysts foresee a varying degree of short-term and long-term impacts among real estate asset types, as well as supply chain interruptions that could slow activity at construction sites and in the booming distribution/warehouse sector.
Alberta Treasury Board to resume responsibility for asset upkeep budgets

Facility Cleaning & Maintenance

Alberta to curb spending on asset upkeep

The provincial government plans to allocate about $2.7 billion to capital maintenance and renewal over a three-year period, but year-over-year investment will drop 7.7 per cent from the first to third fiscal year.
multifamily investment

Canadian Apartment Magazine

Low yields not deterring multifamily investment

Multifamily assets delivered the lowest income return of the property sectors to institutional investors in the Canada Property Index last year, but produced strong total returns on a foundation of 7.3 per cent capital growth.
portfolio warming potential

Canadian Property Management

New metric to peg portfolio warming potential

A new package of analytical tools identify and track asset exposure to climate risk, aligned with the steady adoption of the Task Force on Climate-related Financial Disclosures by global financial institutions.
Industrial-retail seesaw

Canadian Property Management

Industrial-retail seesaw in play for investors

A 6.65 per cent average total return on the Canada Property Index's 2,723 directly held standing assets, scattered across eight major markets, cloaks significant variances between property sectors and from market to market.
value-add assets

Canadian Property Management

Turnaround tales of value-add assets

Prominent Canadian asset managers recently recounted their experiences in repositioning underperforming properties, offering insight on turnaround logistics and the role value-add assets play in investment strategies.
big three retail landlords

Canadian Property Management

Big three retail landlords thrive on experience

Yorkdale Shopping Centre again takes the title of Canada's most productive mall in the Retail Council of Canada's annual analysis of shopping centres with more than 250,000 square feet of gross leasable area.
open-end real estate funds

Canadian Property Management

Open-end real estate funds open up

The defining features of open-end real estate funds are well matched to investors with long-term needs for stable, predictable returns, as seen in the largely institutional mix reported in the survey.
State of Condition Management for Apartment Operators

Canadian Apartment Magazine

State of Condition (Asset) Management for Apartment Operators

Membership in the Certified Rental Building Program (CRBP) is an effective means of maintaining a high standard of quality when managing your building or working
Climate risk profilers

Canadian Property Management

Climate risk profilers wrangle fragmented data

A widening scope of resources can be tapped to build increasingly sophisticated risk profiles, but sustainability practitioners note that data is often fragmented and difficult to obtain.
BentallGreenOak

Canadian Property Management

BentallGreenOak officially emerges

Bentall Kennedy's merger with GreenOak Real Estate is now in place, extending the newly formed entity's worldwide reach and bringing approximately USD $46 billion worth of assets under management.
low-carbon vanguard

Canadian Property Management

Real estate primed for low-carbon vanguard

Canada's Expert Panel on Sustainable Finance suggests there is more untapped opportunity than coordinated action in a market grappling with emerging imperatives for climate-related financial disclosure and integrating ESG measures.