property tax shifts

Canadian Property Management

Property tax shifts continue to plague Calgary

Nearly 12,000 non-residential ratepayers will get some relief from the property tax shifts Calgary's sliding downtown office values triggered this year
hydro system costs

Canadian Property Management

B.C. affirms uneven split of hydro system costs

It's estimated that equitable apportionment could push residential rates 2.2 per cent higher than the proposed 1.8 per cent increase for fiscal year 2020, while commercial rates would drop and industrial rates remain the same.
Industrial properties

Canadian Facility Management & Design

Ontario cues agenda for industrial properties

The action is included in a list of initiatives associated with Bill 66, the proposed Restoring Ontario's Competitiveness Act, even though none of the bill's dozens of legislative amendments pertain to the Assessment Act.
2018 investment returns

Canadian Property Management

Some drag in buoyant 2018 investment returns

A surging industrial sector helped to counterbalance slipping retail values and push up 2018 investment returns on Canadian commercial real estate.
market drivers

Canadian Apartment Magazine

Developers weigh in on market drivers

Collectively, the 400+ C-suite and senior executives see more opportunity than threat in technological advancements, social change and a less economically stratified society.
Halifax office vacancy rate

Canadian Property Management

Halifax office vacancy rate dips modestly

The Atlantic Canada real estate advisory firm, Turner Drake & Partners, reports a region-wide office vacancy rate of 15.25 per cent, representing a drop of more than 170 basis points since June 2017.
GTA Q1 investment activity

Canadian Property Management

Robust demand drives GTA Q1 investment activity

Cominar REIT stands out among the vendors, as it offloaded two office, two retail and one industrial property for earnings of nearly $717 million.
industrial properties

REMI Network

Nexus REIT acquires industrial properties in Western Canada

Nexus Real Estate Investment Trust is purchasing three industrial properties in Western Canada for $64 million
energy efficiency

REMI Network

New industrial rebates for energy savings in Alberta

Alberta has added several industrial-specific rebates to its Energy Efficiency Alberta’s Business Non-Profit and Institutional Energy Savings Program.
investment GTA new home market condo sales

REMI Network

Retail leads GTA investment transactions in Q4

The retail and industrial sectors were Q4 frontrunners in Avision Young's GTA Commercial Investment Review Q4 2017.
Winnipeg office and industrial markets

Canadian Property Management

Winnipeg office and industrial markets chug on

Vacancy rates in both sectors are below the national average, while rents neither outshine nor dramatically trail those commanded in other major Canadian centres.

REMI Network

Dream Global chooses Netherlands to bolster European presence

Dream Global REIT has entered into a sale and purchase agreement for a portfolio of 135 office and light industrial properties in the Netherlands.
industrial availability rates

Canadian Property Management

Canada sees industrial availability rates drop

Statistics for the second quarter of 2017 show generally healthy demand for industrial space in most major Canadian markets.
industrial market

REMI Network

Industrial market shows regional disparity: Q1

Canada’s two-billion-square-foot industrial market continued to experience robust demand in Q1 2017.

REMI Network

PROREIT to acquire four properties in Ontario, Atlantic Canada

PRO Real Estate Investment Trust (PROREIT) announced the conditional acquisition of four commercial properties worth $40.4 million.
vacant unit rebate

Canadian Property Management

Cities poised to terminate vacant unit rebate

Past, present and would-be recipients bristle at suggestions that the rebate is a subsidy or a disincentive to improve the marketability of their properties.
warehouse space

Canadian Property Management

How e-commerce is shaping GTA warehouses

GTA warehouse space is getting a makeover as consumer populations grow, flagging potential for more fulfillment centres closer to downtown Toronto.