Office

market drivers

Canadian Apartment Magazine

Developers weigh in on market drivers

Collectively, the 400+ C-suite and senior executives see more opportunity than threat in technological advancements, social change and a less economically stratified society.
non-compete agreements

REMI Network

WeWork in bad faith on non-compete agreements

WeWork has released 1,400 low-wage employees from non-compete agreements and relaxed restrictions on 1,800 middle management and professional staff under pressure from the Attorneys General of New York and Illinois.
funding facility

Canadian Property Management

Scotiabank to anchor new Bay Adelaide tower

The 32-storey, 820,000-square-foot building will be the third and final piece of the office complex Brookfield Property Partners brought to the downtown Toronto market in 2009.
Calgary office vacancies ease marginally

Canadian Property Management

Calgary office vacancies ease marginally in Q2

Tenants in a position to take advantage of the current market dynamics are enjoying the flight to quality.
constrained Toronto market

Canadian Property Management

Constrained Toronto market curbs Q2 investment

Land deals accounted for half the value of real estate investment in the Greater Toronto Area during the second quarter of 2018, while activity in the office sector dipped considerably.
New Brunswick office markets

Canadian Property Management

NB office markets improve as St. John’s slips

Fredericton recorded 133,000 square feet of positive absorption since June 2017, taking the vacancy rate below 9.5 per cent, while Saint John showed the most marked improvement with a 3.7 per cent drop in vacancy.
Halifax office vacancy rate

Canadian Property Management

Halifax office vacancy rate dips modestly

The Atlantic Canada real estate advisory firm, Turner Drake & Partners, reports a region-wide office vacancy rate of 15.25 per cent, representing a drop of more than 170 basis points since June 2017.
Downtown Montreal office market

Canadian Property Management

Downtown Montreal office market making gains

Rents are rising, the availability rate remains steady even as new office space comes onto the market and construction crews are busy on in-progress commercial, multi-residential and public infrastructure projects.
property tax grant

Canadian Property Management

Developers decry pullback on property tax grant

Rules for the program are set to change, making the timing less than ideal for development proponents still awaiting a decision based on the original criteria in place when they submitted their applications.
previously awarded EVC grants

Canadian Property Management

Ontario qualifies previously approved EVC grants

Approved applicants who have already acted on the former government's promise will be in position to collect the rebate. Those who did not purchase equipment or sign a contract to authorize investment prior to July 4 will receive no funds.
Green certified office space

Canadian Property Management

Green certified office space no rarity in Canada

On a square footage basis, more than 50 per cent of the commercial inventory in Vancouver and Toronto now boasts LEED or BOMA BEST status.
GTA Q1 investment activity

Canadian Property Management

Robust demand drives GTA Q1 investment activity

Cominar REIT stands out among the vendors, as it offloaded two office, two retail and one industrial property for earnings of nearly $717 million.
C-suite

Canadian Facility Management & Design

Trading screwdrivers for strategic partnerships

Facilities management needs to have a voice in the C-suite. As business evolves, company leaders will require strategic facilities managers.
net positive

Canadian Property Management

Plans for first net positive energy office building

An office building in Markham, Ontario's technology hub plans to be the first net positive energy office building in Canada.
floor

Canadian Facility Management & Design

Cleaning schedules revisited in open offices

How can cleaning workers complete their tasks as office workers clock less defined work hours in open offices, challenging traditional cleaning schedules?
StorageVault

REMI Network

Morguard buys office in Airport Corporate Centre

Morguard has acquired a three-storey Class A office building in the Airport Corporate Centre in Mississauga, Ont, for $50.6 million.
investment GTA new home market

REMI Network

Retail leads GTA investment transactions in Q4

The retail and industrial sectors were Q4 frontrunners in Avision Young's GTA Commercial Investment Review Q4 2017.