REMI

Barbara Carss

Salvaged steel fit to fortify decarbonization

Canadian Property Management

Salvaged steel fit to fortify decarbonization

The cost case for salvaged steel looks promising even with an embryonic supply chain and a raft of logistical complexities to recover and then reuse structural members in new construction projects.
Prized office tenant steps up green demands

Canadian Property Management

Prized office tenant steps up green demands

Ottawa landlords are contemplating a list of new expectations from a prized office tenant following recently announced updates to the federal government’s green operations strategy.
Ontario retailers probe alcohol sales viability

Canadian Property Management

Ontario retailers ponder alcohol sales viability

Leases and logistics will be major factors in whether Ontario retailers can act on pending flexibility to sell beer, wine, cider and ready-to-drink alcohol-infused beverages in grocery and convenience stores.
Pending climate-related disclosure rules highlight data requirements

Canadian Property Management

A transparent need for data strategies

Based on self-reporting, many of the commercial real estate firms subject to the U.S. Securities and Exchange Commission’s pending climate-related disclosure rules are grappling with how they will comply.
Promise of safe haven woos foreign investors

Canadian Apartment Magazine

Promise of safe haven woos foreign investors

Foreign investors contemplating Canada’s multifamily market may see more theoretical than actual opportunity, given the current scarcity of available product.
Capital gains tax adjustment unnerves CRE

Canadian Property Management

Capital gains tax adjustment unnerves CRE

The jump in the capital gains inclusion rate is expected to have an immediate impact on property sales, while being factored into longer term asset management and investment decisions.
Resilience still lacks climate action profile

Canadian Property Management

Resilience still lacks climate action profile

Climate change adaptation measures are typically viewed as risk management rather than levers for investment returns, but they are inherently linked to building and portfolio value.
Potential property tax relief looks uneven

Canadian Apartment Magazine

Potential property tax relief looks uneven

A potential incentive for new purpose-built rental housing in Ontario comes with adverse implications for existing multifamily properties, thanks to the mathematics of property tax allocation.
Defaulted real estate loans on the upswing

Canadian Property Management

Defaulted real estate loans on the upswing

Many creditors and debtors are now grappling with the fallout from a largely unexpected change in market conditions over the course of their loan agreements.
Energy storage prompts battery of precautions

Canadian Property Management

Energy storage prompts a battery of precautions

In step with the projected surge in energy storage installations, fire safety advisors are actively working to help clean tech adopters understand and mitigate the risks.
Investment returns show slipping values in 2023

Canadian Property Management

Investment returns show slipping values in 2023

Canadian investment returns for 2023 show retail improvement, industrial deceleration and continuing office value decline, as capital loss balances out income growth for a flat total return.
CRE fosters all-in approach to decarbonization

Canadian Property Management

CRE fosters all-in approach to decarbonization

Daunting net zero targets in the buildings sector are spurring an all-in approach to decarbonization that assigns roles to finance, engineering, management and operational teams.
Building electrification projects impart lessons

Canadian Property Management

Building electrification projects impart lessons

The business case for electrification works best when retrofits are synced with the end-of-life of existing mechanical equipment and/or asset repositioning plans
Outdoor lighting principles hail the dark side

Canadian Property Management

Outdoor lighting principles hail the dark side

Guiding principles for responsible nighttime lighting define how light should be applied, but, first, prospective installers are advised to consider whether lighting is even necessary.
Interest rates subdue multifamily development

Canadian Apartment Magazine

Interest rates subdue multifamily developers

Fallout from higher interest rates may continue to subdue multifamily development, but lenders express more confidence in prospects for new purpose-built rental and high-rise condominium projects next year.
Lenders set to curtail office exposure in 2024

Canadian Property Management

Lenders set to curtail office exposure in 2024

Lenders generally expect to curtail office exposure while increasing overall allocations to Canadian real estate in 2024, findings from CBRE Canada's annual survey reveal.
Climate action levers key amid competing crises

Canadian Property Management

Climate action levers key amid competing crises

Strategists are pondering the most effective climate action levers to keep attention focused on reducing greenhouse gas emissions as other events and pressures commandeer priority-setting agendas.