Investment
REMI Network
Brady Welch to act as Slate REIT’s interim CEO
Brady Welch, co-founder of Slate Asset Management, is stepping in as interim chief executive officer of Slate Office REIT.
Canadian Property Management
Canada-U.S. industrial markets diverge in Q1
Toronto and Vancouver posted the tightest industrial markets among major urban centres in Canada and the United States in the first quarter of 2023.
Canadian Property Management
REITs unexpectedly tapped for new tax measure
Advocates for the Canadian commercial real estate industry are asking the federal finance department to clarify why real estate investment trusts have been included in a pending new tax measure.
REMI Network
Black Real Estate Roundtable meets in Atlanta
Delegates to NAREIM’s second annual Black Real Estate Roundtable, representing more than 40 major U.S. investment management firms, discussed career experiences and strategies.
Canadian Property Management
Inadvertent blocks on commercial deals lifted
Regulatory amendments to Canada’s Prohibition on the Purchase of Residential Property by Non-Canadians Act address inadvertent impacts on commercial transactions and property development.
Canadian Property Management
CRE awaits spinoffs of new provincial spending
Quebec and Ontario have announced investment incentives that could have implications for land deals and/or technologies and products that commercial real estate uses.
Canadian Apartment Magazine
Multifamily remains favoured investment asset
Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.
Canadian Property Management
Canadian hotel sector shaking off COVID-19
Average RevPAR surpassed 2019 levels last year, while increased international travel and a low Canadian dollar are projected to push up occupancy in 2023 and 2024.
Canadian Property Management
Dream to offer ESG-focused debt capital
Dream Unlimited Corp. will offer ESG-focused debt capital to the U.S. market through the launch of Avrio Real Estate Credit, in partnership with PaulsCorp LLC.
Canadian Property Management
Canadian buildings scrutinized in OECD review
As part of a biennial review and benchmarking of Canada’s economic performance, a new OECD report looks at progress toward the interim 2030 target and 2050 goal for net-zero carbon emissions.
Canadian Property Management
First Capital resolves dispute with unit-holders
First Capital Real Estate Investment Trust has resolved a dispute with activist unit-holders, Sandpiper Group and Artis REIT, thus leaving its board unchallenged.
Canadian Property Management
PSP Investments to acquire digital infrastructure
The USD $3-billion deal will take Radius Global Infrastructure, a multinational aggregator and owner of properties leased to wireless communications operators, private.
Canadian Property Management
CPP names new global head of real assets
Maximilian Biagosch has been appointed global head of real assets for Canada Pension Plan Investment Board and will also continue to serve as CPP Investments' European head.
REMI Network
Hotel transactions up, sales value down in 2022
The number of hotel transactions hit a record high globally in 2022, but came with a high proportion of single-asset deals for lower-budget properties.
Canadian Property Management
Modest investment returns posted for 2022
Newly released 2022 annual results of the MSCI/REALPAC Canada Property Index peg the total return on standing real estate assets at 1.3 per cent.
Canadian Property Management
Hines names two new CEOs for Americas regions
Steve Luthman has been promoted to lead real estate investment and development activity in Canada and the U.S. Midwest and Southeast, while Syl Apps takes the helm in South America.
Canadian Property Management
Dream Office REIT sells Class B Toronto building
Dream Office REIT has announced the $135-million sale of 720 Bay Street, an 11-storey Class B building in the Queen’s Park vicinity of Toronto.
