Industrial
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 Property Management
Office vacancy rates climb with Q4 sublets
Industrial availability tightened from the third quarter in eight of the 11 surveyed markets, ending the year at well below 2 per cent in Vancouver and Montreal and below 1 per cent in Toronto.
Canadian Property Management
Bond rate signals to institutional investors
A 100 basis point slide in the 10-year Canada bond rate over the course of the COVID-19 pandemic contributes to real estate’s continuing allure for institutional investors.
Canadian Property Management
Toronto and Vancouver outdo most U.S. markets
Canada has a numerically slight presence with disproportionate weight in Lee & Associates’ newly released third quarter commercial real estate results.
Canadian Facility Management & Design
Amazon turns to Winnipeg’s last mile
The 113,000-square-foot delivery station, slated for 2021 completion, will be the company’s first distribution hub in Manitoba.
Canadian Facility Management & Design
Slim prospects for industrial space seekers
Toronto records North America's lowest industrial availability rate, while Montreal and Vancouver also boast rates below 3 per cent coming out of the third quarter of 2020.
Canadian Property Management
No lockdown on GTA development land sales
Demand for housing and warehouse/distribution facilities drove transactions, keeping April-to-August sales volume largely on par with the same period in 2019.
Canadian Facility Management & Design
Oxford warms to cold storage sector
The CAD $475 million investment aligns the Canadian pension fund with the largest global player in cold storage logistics as momentum builds for digital commerce in grocery retailing.
REMI Network
Amazon Canada opening fulfilment centre in Hamilton
Amazon Canada has announced plans to create a fulfilment centre and delivery station in Hamilton, located near the airport in Mount Hope.
Canadian Facility Management & Design
Blazing a trail for zero carbon in Nova Scotia
The zero carbon project marks an evolution in warehouses and, more broadly, the potential for a lower-emitting industrial sector.
Canadian Property Management
Slumping confidence in office sector dynamics
Confidence in industrial markets has also slipped since 2020 began, but still hovers on the up side of neutral on both sides of the Canada-U.S. border.
Canadian Property Management
Challenger rising among Halifax office nodes
The downtown office vacancy rate surpassed 20 per cent, while Dartmouth Crossing enjoyed a 768 basis point drop in vacancy, pushing the rate below 12 per cent.
Canadian Property Management
Investment deal resumption foreseen for Q3
Static cap rates reflect limited transactions in the second quarter of 2020, but commercial real estate analysts express confidence that asset values are holding under COVID-19-related pressures.
Canadian Property Management
Alberta polls commercial landlords and tenants
The Alberta government is surveying commercial landlords and business tenants about their COVID-19-related financial stresses.
REMI Network
Q4 overflow spurs Montreal investment deal volume
Sales value topped $2 billion for the fourth consecutive quarter, albeit at a lower total than was achieved in the second to fourth quarters of 2019.
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.
Canadian Property Management
Strong office rent growth foreseen for Toronto
That follows double-digit increases last year when Toronto was dubbed one of the "stand out performers" among major global cities, along with Boston and San Francisco.
