Investment
CondoBusiness
Rules for first home savings accounts unveiled
As proposed, Canada’s first home savings accounts (FHSAs) would share features with both registered retirement savings plans (RRSPs) and tax-free savings accounts (TFSAs),
Canadian Property Management
More reservations emerging about CRE conditions
Investors and asset managers typically expressed more reservations about Canadian commercial real estate this spring than when they were surveyed on their sentiments last fall.
Canadian Apartment Magazine
GTA multifamily sales volume stable in Q2
Transactions ebbed in Q2, but overall multifamily sales volume is only slightly behind last year’s pace due to a 16.5 per cent year-over-year increase in the average price per suite.
Canadian Property Management
Cap rates open up in Q2
Cap rates opened up and investment activity slowed across every Canadian property sector during the second quarter of 2022.
Canadian Property Management
Industrial assets deliver outsized Q1 returns
Canada stands out in newly released global investment performance data for outsized returns on industrial assets during the first quarter of 2022.
Canadian Apartment Magazine
Canada’s top rents rank moderately in the U.S.
Canada’s two priciest rental housing markets fall toward the moderate end of the scale when mixed in with the largest urban centres in the United States.
Canadian Property Management
Mall sale a divestiture milestone for vendor
Northern Ontario's second largest regional shopping centre, Station Mall,, was Algoma Central Corporation's last commercial real estate holding in Sault Ste, Marie.
Canadian Property Management
Skyline REIT introduces new name and president
Mike Bonneveld takes the helm at Skyline Industrial REIT as it rebrands to reflect its investment focus on the warehouse, distribution and logistics sector.
Canadian Property Management
Canada transparently draws investor confidence
Canada retains its fifth place ranking and its status as a highly transparent real estate market in JLL’s newly released 2022 Global Real Estate Transparency Index.
Canadian Facility Management & Design
Venture capital offered for smart water tech
Canadian start-ups are invited to take up the global water challenge, a competition to gain access to up to €3 million (CAD $4 million) in venture capital for smart water technologies.
Canadian Property Management
Brookfield eager to deploy decarbonization fund
More than a hundred institutional investors worldwide have put up capital for what’s now the world’s largest private fund targeting investments aligned with achieving net-zero carbon.
Canadian Property Management
Slate Asset Management acquires Presima
The deal adds $1.1 billion in assets to Slate’s investment management holdings and heightens its presence in the public markets, where Presima has carved out global REIT and ESG yield strategies.
Canadian Property Management
Hines revs Canadian investment vehicle
Hines is targeting Toronto, Montreal, Vancouver and Calgary for up to CAD $2 billion in high-profile real estate acquisition and development opportunities.
Canadian Property Management
CPP Investments in global real estate top 10
The top 10 investors in the IPE Real Assets 2022 rankings collectively hold about USD $583.6 billion in real estate assets under management.
Canadian Property Management
Industrial condos promised for tight GTA market
Nicola Wealth Real Estate and First Gulf have jointly acquired a 13.4-acre site near Highway 403 in Oakville with plans for a series of small bay industrial condo buildings..
Canadian Apartment Magazine
Multifamily cap rate movement unremarkable in Q1
Vancouver is the rare exception where market analysts project multifamily cap rates will rise this spring, but that's in the context of continuing exceptionally low rates.
Canadian Property Management
Putative budget promises tax credit extension
The Ontario government proposes a one-year extension of a refundable tax credit for building, acquiring or upgrading commercial and industrial buildings in areas outside the province's most flourishing markets.
