Industrial
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.
Canadian Property Management
2020 prospects judged upbeat, but uneven
Canada's major office and industrial markets present a more uneven picture to brokers and analysts in this country than their contemporaries in the United States see when contemplating 2020 prospects south of the border.
Canadian Property Management
Steady office and industrial momentum foreseen
Analysts foresee relatively static office vacancy and rental rates over the coming year, while industrial market dynamics are expected to be similarly consistent and optimistic.
Facility Cleaning & Maintenance
Regency Cleaning and Maintenance: A New Frontier
Steve Milner has seen his company grow at a steady pace thanks to its reputation for delivering exceptional commercial janitorial services.
REMI Network
Choice Properties selling $426M portfolio
The transaction is scheduled to close on September 30, 2019.
Canadian Property Management
PROREIT completes $49.3-mill acquisition
The purchase includes six properties - five light industrial buildings in Halifax and one boutique office tower in Ottawa.
Canadian Property Management
NB confers on industrial property assessment
A standing committee of New Brunswick's legislative assembly is exploring whether equipment and machinery used in manufacturing and industrial processes should be factored into the assessed value of the property.
Canadian Property Management
Halifax office vacancy dips for second year in a row
This drop came despite an uptick in the vacancy rate in the downtown Central Business District (CBD), which saw a modest increase.
Canadian Property Management
Energy exposure fuels Calgary office woes
Energy firms drove Calgary office leasing deals in the first quarter of 2019, but in a way that had few landlords celebrating. The largest transactions involved companies relocating and downsizing into smaller spaces.
Canadian Property Management
Canada inconspicuous in Global Property Index
The 2018 total return on Canadian real estate assets was in the back half of the pack among 25 national markets, but Canada is part of a smaller group of 12 that can boast an improvement over 2017 results.
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
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.
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.
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.
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.
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.
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.
