Michael Brooks

virtual meetings

Canadian Property Management

Ontario to amend Commercial Tenancies Act

Following similar actions in B.C. and Alberta, the Ontario government will temporarily halt evictions of tenants eligible for Canada Emergency Commercial Rent Assistance (CECRA).
multifamily and retail stability on the CRE priority list

Canadian Property Management

Multifamily and retail stability on priority list

Some of Canada’s most prominent commercial real estate players are tackling the challenge of COVID-19, asset class by asset class.
Peter Menkes named to Order of Ontario

Canadian Property Management

Peter Menkes named to Order of Ontario

The distinction is conferred to individuals who have made exceptional and lasting contributions to the fabric of Ontario and the well-being of Ontarians, and is the Province's highest honour.
rental construction

Canadian Apartment Magazine

Low yields not deterring multifamily investment

Multifamily assets delivered the lowest income return of the property sectors to institutional investors in the Canada Property Index last year, but produced strong total returns on a foundation of 7.3 per cent capital growth.
Lawrence Heights

Canadian Property Management

Industrial-retail seesaw in play for investors

A 6.65 per cent average total return on the Canada Property Index's 2,723 directly held standing assets, scattered across eight major markets, cloaks significant variances between property sectors and from market to market.
REALPAC answers call for a real estate sector cultural influencer

Canadian Property Management

Oxford Properties a USGBC leadership honouree

The awards are bestowed to individuals and organizations that have advanced sustainable principles and practices in design, management, operations and community building, while serving as role models and resources for their peers.
climate change procrastinators

Canadian Property Management

Climate change procrastinators urged to act

The mounting consequences of being stuck fast in the wrong place for an extended wrong time begin with soaring insurance premiums and end with stranded assets.
GRESB

Canadian Property Management

GRESB gets lift from ESG tailwind

Major Canadian players figure among both GRESB investor members with full access to the data and the larger complement of management members that report and are benchmarked through the real estate assessment.
green preferred units

Canadian Property Management

Brookfield’s green preferred units “on trend”

Brookfield Property Partners is targeting USD $250 million to invest in green certified buildings and upgrades through the issuance of 10 million perpetual green preferred units.
prominent global real estate players

Canadian Property Management

ESG guides prominent global real estate players

ESG provides a framework to set priorities, steer action and monitor progress toward more resilient assets, with 93 per cent of respondents reporting that criteria linked to sustainability, supporting local communities and shunning corruption influence their investment decisions.
suburban office parks

Canadian Property Management

Mixed uses to ease into suburban office parks

The new policy would give developers a basis to challenge any local government's veto of non-employment land uses in suburban office parks.

Canadian Property Management

Real estate primed for low-carbon vanguard

Canada's Expert Panel on Sustainable Finance suggests there is more untapped opportunity than coordinated action in a market grappling with emerging imperatives for climate-related financial disclosure and integrating ESG measures.

Canadian Property Management

Few favours for commercial ratepayers in 2018

Tax ratios for 11 of Canada's largest cities demonstrate that commercial ratepayers consistently carry a disproportionate share of the municipal property tax burden.

CondoBusiness

Revisit inclusionary zoning reg: REALPAC to province

REALPAC is calling on the new administration at Queen's Park to revisit Ontario's inclusionary zoning regulation.

Canadian Property Management

Canadian REITs mark 25 years on the TSX

Since the first two listings in 1993, investors can now look to 44 REITs with a collective market capitalization of $62 billion.

Canadian Property Management

KingSett’s Jon Love named to Order of Canada

Governor General Julie Payette announced the honour just prior to Canada Day, with accompanying acknowledgement of Jon Love's business leadership and philanthropy.

Canadian Facility Management & Design

Urban pressures arise in step with proptech

Toronto conference explores commercial real estate in its urban context, focusing on factors that support or threaten economic growth, investment returns, urban liveability and sustainability.