Investment
REMI Network
CDPQ to back decarbonization fund for U.S. CRE
Caisse de dépôt et placement du Québec and Nuveen Green Capital have launched a USD $600-million fund to finance decarbonization and resiliency projects in U.S.-based commercial real estate.
Canadian Property Management
CPP Investments steps up data centre strategy
Canada Pension Plan Investment Board (CPP Investments) has committed to a USD $5.6 billion investment in hyperscale data facilities through a newly announced joint venture.
Canadian Property Management
Data centres draw investment interest
Surging need for connectivity to enable burgeoning technologies like AI and the smart electricity grid has positioned data centres to be favoured investment assets into the future.
Construction Business
TSX commends Bird Construction performance
Bird Construction is ranked seventh on the 2024 TSX 30, recognizing the Toronto Stock Exchange’s top 30 performers based on dividend-adjusted share price over a three-year period.
Canadian Property Management
Fastidious work lies ahead of AI advancement
Early adopters and enthusiasts in the commercial real estate industry cite AI's possibilities for portfolio management, risk management, valuation and assessing investment performance.
Canadian Property Management
Canada highly transparent for CRE investors
Canada is ranked fifth among 89 countries and deemed to be highly transparent in JLL’s biennial survey of openness, integrity and credibility in global real estate markets.
Canadian Apartment Magazine
GRESB to revise indicators for multifamily sector
Multifamily real estate entities reporting to GRESB, the global assessment and benchmark for the ESG performance of portfolios, can expect new criteria next year.
Canadian Property Management
Real estate underperforms in pension fund mix
The real estate asset class is currently taking its turn as the underperforming piece in large Canadian pension funds' diversified mix of holdings.
Canadian Property Management
Hotel transaction volume outpacing last year
Colliers Canada projects hotel transaction volume should surpass $2 billion in 2024, based on first half sales and properties currently in the deal pipeline.
Canadian Property Management
UK looks to investor role models in Canada
Canada’s largest pension funds have been identified as investor role models as the new government of the United Kingdom looks to catalyze economic growth.
Canadian Apartment Magazine
Canada a hyper version of multifamily trends
Multifamily properties continue to be an investment favourite worldwide, with Canada perhaps demonstrating the hyper version of what’s happening in markets elsewhere.
Canadian Property Management
Canada’s share of global CRE value nudges up
Global investment property transaction volume dropped by 48 per cent last year, but deal-makers appeared somewhat more amenable in Canada, which posted one of the highest turnover ratios.
Canadian Property Management
Interest rate cut emits positive signal for CRE
Practical impacts on the cost of debt aren’t expected to flow through to the market for a few more months, but economists suggest the apparent momentum of falling rates should provide a psychological lift for investors.
Canadian Property Management
OMERS to garner $1.35 billion from LifeLabs sale
OMERS has agreed to sell the LifeLabs network of laboratories and collection centres for providing and relaying diagnostic information to U.S.-based Quest Diagnostics for CAD $1.35 billion.
Canadian Property Management
Commercial loans exempt from pending controls
New regulations clarify that most commercial loans are exempt from the Canadian government's more stringent definition of criminal interest, which will come into force in 2025.
Canadian Property Management
Fengate ups digital infrastructure investment
Fengate Asset Management has increased its equity stake in Canadian digital infrastructure with a newly inked $1.8 billion investment in eStruxture Data Centers.
Canadian Property Management
New sustainability report deciphers CRE concerns
REALPAC's newly updated 2024 sustainability report discusses a range of issues that are increasingly being raised in investment decisions and regulatory compliance.