Investment

Shelved takeover attempt resets hotel rivals

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.
Lindsay Brand named CIO at Concert Properties

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.
Sustainable finance quest spurs global alliance

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.
Real estate leadership team gels at Fengate

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.
Clean energy projects serve mix of purposes

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.
Exposure to U.S. office loans grows unsettling

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.
Investment shopping list considered for 2024

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.
Investment returns show slipping values in 2023

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.
Hotel sector projected to post modest growth

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.
Vancouver boasts all-asset lowest vacancy rates

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.
RioCan REIT marks 30 years as public company

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.
mortgage

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.
Latinx real estate professionals to gather

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.
Real estate leadership team gels at Fengate

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.
Lenders set to curtail office exposure in 2024

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.
CRA to be disabused on investment tax credits

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.
Primaris REIT to acquire Halifax retail properties

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.