Office

Inaugural BOMA BEST Smart certifications awarded

Canadian Property Management

Inaugural BOMA BEST Smart certifications awarded

The first certifications have been conveyed through the new BOMA BEST Smart assessment and benchmarking program for digital optimization of building performance.
Federal heritage buildings listed for offloading

Canadian Facility Management & Design

Federal heritage buildings listed for offloading

Public Services and Procurement Canada has released a list of 10 properties “in various stages of the disposal process” as part of an invitation to select stakeholders to bring forward proposals to reposition the space.
Office building values still trending downward

Canadian Property Management

Office building values still trending downward

Appraisers generally expect office building values to keep slipping over the course of 2023 as a range of factors undermine cash flow, push up cap rates and make investors skittish.
workplace

REMI Network

BDP conducts workplace ‘experiment’ with Toronto studio

In a hybrid work era, BDP Quadrangle has opened a two-floor studio in The Well as an experiment with in-person arrangements.
Toronto buildings to demonstrate decarbonization

Canadian Apartment Magazine

Toronto buildings to demonstrate decarbonization

Private multifamily buildings make up the largest share of projects set to demonstrate decarbonization technologies and procedures through Toronto’s deep retrofit challenge.
turnover

REMI Network

Study explores how worker turnover propels talent drain

The manner in which top performers leave their jobs can cause various levels of disruption within a workplace, including a potential snowball effect that involves the turnover of multiple quality employees.
Brady Welch to act as Slate REIT's interim CEO

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.
hybrid

REMI Network

Hybrid employees work nearly two extra weeks annually, study finds

A new report found employees often work better when in a distraction-free environment, with more than half their time dedicated to working alone or focused work.
well-being

REMI Network

Well-being struggles continue three years later

Manulife's 2022 Wellness Report reveals new insights that reflect a significant drop in productivity throughout the workforce.
Rising office vacancy pairs with rent growth

Canadian Property Management

Rising office vacancy pairs with rent growth

CBRE Canada reports an all-time high national office vacancy rate and another quarter-over-quarter increase in average Class A net rents for Q1 2023.
Office IAQ best practices up for consultation

Canadian Property Management

Office IAQ best practices up for consultation

Health Canada is preparing guidance on indoor air quality in office buildings aimed at landlords, employers, building operators, facilities managers, maintenance staff and tenants' health and safety committees.
Bank failures make little dent in Canadian CRE

Canadian Property Management

Bank failures make little dent in Canadian CRE

Just two of Canada's listed real estate companies count recently failed U.S. banks among their tenants, occupying a minimal fraction of their portfolios in both cases.
working

Canadian Facility Management & Design

New research digs into state of the workplace

The social infrastructure of the office underscores new research-driven analysis that measures shifts in employee sentiment post-pandemic.
Co-operators

REMI Network

Co-operators earns Zero Carbon Certification for corporate HQ

The all-electric design of the 226,000-square-foot facility will eliminate direct carbon emissions from any onsite source.
workspace

Canadian Facility Management & Design

At Scarborough’s newest collaborative workspace

LCH Developments wanted to bring something unique to the empty retail space on the ground floor of a condominium in Cliffside Village.
Office market setback a national trend for Q4

Canadian Property Management

Office market setback a national trend for Q4

The fourth quarter of 2022 saw the office vacancy rate climb to 17.1 per cent across 10 major Canadian markets, accompanied with 2.1 million square feet of negative absorption.
NYX Capital sells self-storage portfolio

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.