Investment
REMI Network
Shelved takeover attempt resets hotel rivals
Choice Hotels International has retreated from its nearly year-long effort to take over Wyndham Hotels & Resorts, withdrawing its share purchase offer and slate of board candidates.
Canadian Property Management
Lindsay Brand named CIO at Concert Properties
Lindsay Brand is joining Concert Properties in the role of chief investment officer, heading up the national team responsible for income-producing properties.
Canadian Property Management
Sustainable finance quest spurs global alliance
Green building proponents in Australia, the United Kingdom and the United States are joining forces to produce and promote guidance on sustainable finance options for real estate.
Canadian Property Management
Real estate leadership team gels at Fengate
Fengate Asset Management’s real estate leadership team now includes Jaime McKenna, newly promoted to president, alongside Alison Kimmell and Colin Catherwood as new managing directors.
Canadian Property Management
Clean energy projects serve mix of purposes
Clean energy projects present a burgeoning means for Indigenous peoples to assert stewardship of natural resources, nurture sustainable economic growth and curb reliance on fossil fuels.
Canadian Property Management
Exposure to U.S. office loans grows unsettling
Regional and mid-sized banks in the United States are considered most vulnerable to losses on commercial real estate loans, particularly those tied to that country’s shaky office sector.
Canadian Property Management
Investment shopping list considered for 2024
As more vendors and purchasers are expected to come to the market this year, Avison Young's sentiment data shows retail, multifamily and industrial assets are sought, while office is tapped for divestment.
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.
Canadian Property Management
Hotel sector projected to post modest growth
After a year of occupancy gains and buoyant earnings, the Canadian hotel sector is projected to experience more modest, but continued growth in 2024.
Canadian Property Management
Vancouver boasts all round lowest vacancy rates
Vancouver enjoys North America’s strongest demand across all asset types, ending 2023 with the lowest vacancy rates for industrial, office, multifamily and retail properties among 63 major urban markets.
Canadian Property Management
RioCan REIT marks 30 years as public company
RioCan founder and chairman, Edward Sonshine, and other members of the senior leadership team ushered in the TSX trading day, January 19th, in celebration of the REIT's 30th anniversary.
CondoBusiness
Mortgage tips for new and existing condo owners
While the monthly fees and mortgage process can differ slightly from traditional property ownership, condos are an opportunity to grow with your community and have a say in maintaining the structure, amenities and more.
REMI Network
Latinx real estate professionals to gather
Latinx real estate professionals can discuss career perspectives at an inaugural half-day forum sponsored by NAREIM, the U.S. National Association of Real Estate Investment Managers.
Canadian Property Management
Ontario Teachers’ name new real estate leader
Pierre Cherki will take leadership of global real estate investment for Ontario Teachers’ Pension Plan when its new in-house asset management group launches early next year.
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.
Canadian Property Management
CRA to be disabused on investment tax credits
Recent court rulings give Canada Revenue Agency leeway to apply an unintended interpretation to the interest-free and low-interest loans that federal, provincial/territorial and municipal governments offer.
Canadian Property Management
Primaris REIT to acquire Halifax retail properties
The $370-million deal will add the Halifax Shopping Centre and its associated open-air Annex to Primaris REIT's portfolio.