Investment

Most downtown office markets still seeing few impacts from COVID-19

REMI Network

Q2 leaves most downtown office markets unscathed

Second quarter vacancy rates and rent trends provide a first look at Canadian commercial real estate markets during widespread COVID-19-triggered business shutdowns.
Toronto Council to consider updates to investment decision process

REMI Network

Toronto to refine investment decision process

Proposed policy changes would embed United Nations sustainable development goals in ESG criteria and adjust parameters for allocations to real assets.
office-using sectors show relative resilience in COVID-19 job loss scenarios

Canadian Property Management

Office-using sectors show relative resilience

There is plenty of uncertainty and little consensus on the economic outlook for Canada and the United States. It is becoming clear that it will not be a V-shaped recovery, and it is more likely to be uneven and prolonged.
Retail landlords respond to COVID-19-related issues

Canadian Property Management

Retail landlords absorb and counter economic hit

Results of a wide-ranging survey show many major Canadian commercial real estate players braced for the erosion of consumer confidence, tenant solvency and their own investment returns.
Equinix stretches its Canadian digital reach with acquisition of 13 data centres

Canadian Facility Management & Design

Equinix stretches its Canadian digital reach

The $1.04 billion deal will see Equinix acquire 13 data centres and more than 600 Bell customers from BCE Inc.
Slate Office REIT names new CEO

Canadian Property Management

Slate Office REIT advances new CEO from within

Steve Hodgson has been named chief executive officer after serving as chief operating officer and holding a range of key responsibilities since joining the company in 2014.
The Canadian hotel sector is reeling from COVID-19

Canadian Facility Management & Design

Canadian hotel sector assumes survival mode

Although plummeting occupancy appears to have bottomed out and crept back up marginally, Canadian hotels, on average, were less than 20 per cent full as May began.
Montreal's investment deal volume expected to slide in Q2 and the second half of 2020

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.
Solid pre-pandemic fundamentals underpin Canadian real estate market

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.
real estate arms of major Canadian pension funds scrutinized for COVID-19 responsibility to workers

Facility Cleaning & Maintenance

Pension fund watchdog tuned to real estate arms

Board trustees for some of Canada’s most prominent commercial real estate portfolios are underscoring the obligations owed to on-site building services personnel during the COVID-19 crisis.
Data centres gain traffic during COVID-19 related business shutdowns

Canadian Property Management

Data centres gain traffic missing from highways

At least 84 Canadian commercial buildings have been abuzz during protracted COVID-19-related business shutdowns. They house the data centres that have literally underpinned the continued functioning of the economy.
Q1 stats reflect first quintile GTA investment activity

Canadian Property Management

Q1 stats reflect first quintile GTA investment

Arguably, Q1 stats more accurately reflect the first quintile of 2020 activity since COVID-19 skittishness placed a pause on the market in early March.
COVID-19 related pressure for rent deferrals affecting mortgage loan liquidity

Canadian Property Management

Regulators plumb mortgage loan liquidity

COVID-19-related pressure for rent deferrals begets landlords' needs for loan concessions and heightened uncertainty for lenders.
More investors could be considering real estate as a migration portal in the wake of COVID-19

CondoBusiness

Real estate gains allure as migration portal

Henley & Partners has charted a first quarter pickup in investment programs that offer a gateway to residence in Portugal, Cyprus, Greece and Turkey, and projects a growing appetite for similar opportunities elsewhere in the European Union.
significant turbulence upends first quarter results

Canadian Property Management

Significant turbulence upends Q1 outcomes

Office landlords could be focused on issues around rent deferrals and mechanisms for payment support well into Q2, while social distancing imperatives have accentuated somewhat diametrical trajectories for industrial and retail properties.
favoured lease horizons vary with the economy

Canadian Property Management

Favoured lease horizons vary with economy

Commercial landlords may be looking differently at the mix of lease horizons in their buildings and across their portfolios than they did a few weeks ago.
redemption gates

Canadian Property Management

Property funds possess stabilizing mechanisms

REALPAC’s recent survey of 15 Canadian open-end real estate funds offers insight into when and why fund administrators would suspend the ability for investors to redeem their holdings.