Investment

breakthrough energy fund

Canadian Property Management

Buildings in mix for breakthrough energy fund

Clean energy developers may secure up to $3 million or 50 per cent of project costs for the advancement of manufacturing, electricity, transportation or buildings related innovations with the potential to reduce global greenhouse gas (GHG) emissions.
investment volume upswing

Canadian Property Management

Montreal enjoys investment volume upswing

Investors snapped up $6.5 billion worth of property in Montreal last year, accounting for nearly 12 per cent of deals valued in excess of $1 million Canada-wide.
central banks

REMI Network

Central banks offer climate risk guidance

The Bank of Canada is one of the newest members of the Network for Greening the Financial System, which has released global recommendations on climate-related risk assessment, monitoring and data sharing.
Ottawa-Gatineau

Canadian Apartment Magazine

Ottawa-Gatineau tapped for value-add potential

The partners will invest in in-suite and common area upgrades with the aim of generating more revenue from the units, which are located in the downtown cores on both sides of the Ottawa River.
prominent global real estate players

Canadian Property Management

ESG guides prominent global real estate players

ESG provides a framework to set priorities, steer action and monitor progress toward more resilient assets, with 93 per cent of respondents reporting that criteria linked to sustainability, supporting local communities and shunning corruption influence their investment decisions.
Chuck Hudson Pacific

Canadian Property Management

Blackstone eyes Bentall Centre for the long term

Vancouver's iconic Bentall Centre is set to have prominent new ownership.
trio of Toronto buildings

Canadian Property Management

Pension funds trade trio of Toronto buildings

OPTrust now has an ownership stake in the office tower that houses its own corporate headquarters.
foreign property investors

REMI Network

Foreign investors attuned to currency swing

Recent MSCI analysis suggests outsiders can suffer a more painful hit or enjoy a better recovery from a geopolitical shock, depending on their timing and the strength of their domestic currency.
multifamily deals Greybrook

Canadian Apartment Magazine

US multifamily deals top office again in 2018

Canadian investors acquired USD $9.8 billion worth of multifamily properties in the United States last year, but that's a fairly small portion of the sector's USD $167.5 billion transaction volume.
architecture

Canadian Facility Management & Design

Canada invests in Canadian Centre for Architecture

The Government of Canada is providing more than $1.2 million in funding for the Canadian Centre for Architecture through the Canada Cultural Spaces Fund.
labour force

Canadian Facility Management & Design

New CBTU program aims to increase women apprentices

Canada’s Building Trades Unions have announced the launch of provincial Offices to Advance Women Apprentices in Manitoba, Saskatchewan and Nova Scotia.
substantial issuer bids

Canadian Property Management

Brookfield initiates substantial issuer bids

The Brookfield Property Partners offer contemplates a price in the range of $19 to $21 per unit/share and invites prospective vendors to submit tenders by March 25th.
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.
net-zero energy

CondoBusiness

Canada funds first net-zero multi-res building in London

The Government of Canada is investing $3.9 million toward the construction of Canada’s first net-zero, mixed-use, multi-unit residential building in London.
multifamily assets

Canadian Apartment Magazine

Multifamily assets post value increase in 2018

Residential was the only sector that could boast capital growth in every market where institutional investors represented in the Canada Property Index hold properties.
book library libraries Dollard-des-Ormeaux

Canadian Facility Management & Design

Canada, Quebec invest in library expansion

The governments of Canada and Quebec are each investing nearly $1.3 million to renovate, upgrade and expand the Dollard-des-Ormeaux library.
community centre Bristol Library Tadoussac Sorel-Tracy

Canadian Facility Management & Design

Canada funds historic building restoration in Quebec

The Government of Canada is providing $400,000 in funding over three years to the Centre des arts contemporains du Québec in Sorel-Tracy.