Office

commercial leasing questions about COVID-19

Canadian Property Management

COVID-19 ripples through to commercial leasing

Landlords and tenants are continuing to move lease transactions forward in anticipation of a return to business as usual in the near future.
New Brunswick promises property tax relief for commercial and residential landlords

Canadian Property Management

New Brunswick property tax relief set for 2021

Commercial ratepayers will see a phased 15 per cent cut in the property tax rate, in step with previously promised tax reductions for residential landlords.
Prospects for office rent growth look good in Toronto

Canadian Property Management

Strong office rent growth foreseen for Toronto

That follows double-digit increases last year when Toronto was dubbed one of the "stand out performers" among major global cities, along with Boston and San Francisco.
Google headquarters

Canadian Property Management

Toronto development nabs Google headquarters

The newly inked deal with developer, Carttera, will see the digital technology giant consolidate its current offices in the Greater Toronto Area into 400,000 square feet in the city's St. Lawrence neighbourhood next year.
value-add assets

Canadian Property Management

Turnaround tales of value-add assets

Prominent Canadian asset managers recently recounted their experiences in repositioning underperforming properties, offering insight on turnaround logistics and the role value-add assets play in investment strategies.
remote working

REMI Network

Remote working a growing perk in Canadian offices

Less than half of companies in Canada provide work-from-anywhere options for their employees, according to a new survey .
favoured lease horizons vary with the economy

Canadian Property Management

2020 prospects judged upbeat, but uneven

Canada's major office and industrial markets present a more uneven picture to brokers and analysts in this country than their contemporaries in the United States see when contemplating 2020 prospects south of the border.
Great Gulf

REMI Network

Great Gulf Group appoints new CEO

Great Gulf has appointed Ilias Konstantopoulos as the new CEO, succeeding Jerry Patava who will now chair the Great Gulf Strategic Advisory Board.
office and industrial momentum

Canadian Property Management

Steady office and industrial momentum foreseen

Analysts foresee relatively static office vacancy and rental rates over the coming year, while industrial market dynamics are expected to be similarly consistent and optimistic.
Yonge Sheppard Centre

Canadian Property Management

Long-awaited revival of Yonge Sheppard Centre

A scurry of people is criss-crossing paths in the newly renovated Yonge Sheppard Centre in North Toronto.
fire extinguishers

Canadian Facility Management & Design

Fire extinguishers too often a workplace enigma

Employees should be familiar with the location and use of fire extinguishers. Equally important, they should know when to abandon extinguishing efforts.
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.
Starlight and KingSett

Canadian Property Management

Allied and Westbank announce plans for 720 Beatty Street

Westbank will manage the property on completion.
Halifax

Canadian Property Management

Halifax office vacancy dips for second year in a row

This drop came despite an uptick in the vacancy rate in the downtown Central Business District (CBD), which saw a modest increase.
co-working space

Canadian Property Management

Offbeat locales hold co-working space bargains

Despite shared status for the lowest office vacancy rate in North America, co-working space in Toronto and Vancouver appears generally more affordable than in major markets in the United States.
energy exposure

Canadian Property Management

Energy exposure fuels Calgary office woes

Energy firms drove Calgary office leasing deals in the first quarter of 2019, but in a way that had few landlords celebrating. The largest transactions involved companies relocating and downsizing into smaller spaces.
Global Property Index

Canadian Property Management

Canada inconspicuous in Global Property Index

The 2018 total return on Canadian real estate assets was in the back half of the pack among 25 national markets, but Canada is part of a smaller group of 12 that can boast an improvement over 2017 results.