Investment
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.
Canadian Property Management
Ivanhoé Cambridge receives investment accolades
Ivanhoé Cambridge has been named global real estate investor of the year in the 2024 IPE Real Estate Awards for institutional investors.
REMI Network
CRE insiders feeling more optimistic in the U.S.
NAIOP’s newly released sentiment index reveals modest expectations for improved conditions over the coming 12 months, contrasting with last fall’s negative outlook.
Canadian Property Management
Hotel sales value and room prices up in Q1
Canadian hotel sales totalled $750 million in the first quarter of 2024, up 130 per cent from the comparable period last year. The average price per room also increased by 12 per cent.
Canadian Property Management
Toronto and Vancouver nurture mortgage tech
Mortgage tech is the top draw for tech sector venture capital in Toronto and Vancouver, contrasting with the investment emphasis in major U.S. markets.
Canadian Apartment Magazine
Promise of safe haven woos foreign investors
Foreign investors contemplating Canada’s multifamily market may see more theoretical than actual opportunity, given the current scarcity of available product.
Canadian Property Management
Capital gains tax adjustment unnerves CRE
The jump in the capital gains inclusion rate is expected to have an immediate impact on property sales, while being factored into longer term asset management and investment decisions.
Canadian Facility Management & Design
Alberta to tighten grip on public sector FMs
The Alberta government is moving to tighten its grip on public entities that are defined as “creatures of the province,” yet have conventionally had leeway to seek and accept direct federal 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.
