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Ottawa office complex jumpstarts value-add fund

Canadian Property Management

Ottawa office complex jumpstarts value-add fund

Crown Realty Partners has acquired a four-building office complex and campus with potential for infill residential development, situated along Ottawa’s Queensway corridor.
office

Facility Cleaning & Maintenance

The new commercial office takes shape

Facility managers and BSCs are reassessing how they maintain safe office environments. Keeping best practices in mind is vital.
Property tax relief looks iffy in New Brunswick

Canadian Property Management

Property tax shift pending from new subclass

About 29,000 Toronto businesses will qualify for a 15 per cent reduction in the property tax rate, necessitating a 0.99 per cent increase for the remainder of commercial ratepayers.
Soaring industrial gains buoy investment returns

Canadian Property Management

Soaring industrial gains buoy investment returns

A 7.9 per cent total return across 2,367 directly held real estate assets in the Canada Property Index represents a 12 per cent improvement over 2020.
REALPAC releases updated model green lease

Canadian Property Management

Updated model green lease attuned to the 2020s

REALPAC’s newly updated model green lease for Canadian office buildings introduces measures aligned with the broadening demand for ESG reporting and performance outcomes.
Calgary's next gen of energy sector tenants targeted

Canadian Property Management

Next gen of energy sector tenants incubating

A successor generation of energy sector tenants could soon be incubating within Calgary’s beleaguered downtown office market.
EA Sports

REMI Network

EA Sports office complex in Burnaby begins ascent

Two new office buildings for EA Sports in Burnaby, B.C. will accommodate more than 500 employees.
Some office markets recover ground in Q4 2021

Canadian Property Management

Office markets recover lost ground

After six consecutive quarters of declining occupancy, some of Canada’s office markets began to recover lost ground in the fourth quarter of 2021.
lockdown relief temporarily more generous

Canadian Property Management

Lockdown relief temporarily more generous

Federal rent and wage subsidies will be open to an expanded range of applicants who are subject to pandemic-related constraints during the eight-week period from Dec. 19, 2021 to Feb. 12, 2022.
Premium office rent

Canadian Property Management

Nothing average in premium office rent data

The priciest office space in Toronto and Montreal is deemed "mid-level" among 127 global markets, while Vancouver is in a larger group said to offer "value" to premium tenants.
Hootsuite

Canadian Facility Management & Design

Inside the reboot of Hootsuite’s Vancouver HQ 

Brightly-coloured lounge furniture, in a peachy warm palette, curves around a stone fireplace in the living room of Hootsuite’s newly transformed Vancouver headquarters that was downsized during the pandemic.
Ottawa's tallest office tower trades in deal

Canadian Property Management

Deal includes Ottawa’s tallest office tower

Crown Realty Partners and Crestpoint Real Estate Management have jointly acquired Place de Ville, a four-building Class A office complex in Ottawa's Parliamentary district.
Stricken asset classes shaking off COVID

Canadian Property Management

Stricken asset classes now shaking off COVID

Office and retail were diagnosed as stricken asset classes early in the pandemic, but after 20 months on the disabled list, conventional venues for labour and shopping are rallying to fight for market share.
CF Sherway Gardens

REMI Network

Renewed master plan vision for CF Sherway Gardens

Cadillac Fairview and DiamondCorp have collaborated on a renewed master plan vision for CF Sherway Gardens that will transform the peripheral parking lands into a complete community with a mix of residential, office and retail.
IDC VODA awards

REMI Network

BOMA Canada honours national award winners

The Building Owners and Managers Association of Canada (BOMA Canada) hosted its second virtual National Awards Gala on October 21, 2021.
Commercial landlords expected to confirm requisite vaccinations of building personnel in federally leased space

Canadian Property Management

Landlords must certify requisite vaccinations

Commercial landlords will be expected to verify the vaccination status of building personnel, including contractors and subcontractors, who enter premises that the Canadian government leases.
office market turnaround

Canadian Property Management

Office market turnaround delayed at least to Q4

A fourth wave of COVID-19 stalled hopes for an office market turnaround in the third quarter of 2021, while demand for industrial space continued unabated.