Real Estate
Canadian Property Management
Grocery-anchored retail deemed a best buy
Beyond stores selling essential goods, bricks-and-mortar retail is reeling from COVID-19-triggered public health controls and watching its already gaining competition grow even faster than projected.
Canadian Property Management
Bond rate signals to institutional investors
A 100 basis point slide in the 10-year Canada bond rate over the course of the COVID-19 pandemic contributes to real estate’s continuing allure for institutional investors.
Canadian Property Management
Five-year gains buttress tech talent hubs
Nearly 900,000 workers in technology sector positions comprise about 5.6 per cent of the Canadian labour force and are making their presence felt in the real estate markets of large and mid-sized cities alike.
Canadian Property Management
GRESB swaps GBCI umbrella for B-Corp status
The global benchmark for ESG performance of commercial real estate portfolios and infrastructure investments has reacquired its independence and established a non-profit foundation to oversee standards development.
Canadian Property Management
Ontario wires commercial evictions on/off switch
A proposed amendment to the Commercial Tenancies Act, included in Ontario's budget bill, would allow the Minister to impose future COVID-19-related prohibitions on commercial evictions via regulation.
Canadian Property Management
Property tax ratios epitomize commercial burden
The commercial property tax rate is at least double the residential rate in eight of the 11 surveyed cities, with commercial ratepayers in Montreal, Toronto and Quebec City shouldering the most disproportionate shares.
Canadian Property Management
Toronto and Vancouver outdo most U.S. markets
Canada has a numerically slight presence with disproportionate weight in Lee & Associates’ newly released third quarter commercial real estate results.
Canadian Property Management
Real estate confidence barometer resets from Q2
Newly released third quarter results from the REALPAC/FPL Canadian Real Estate Sentiment Survey reveal senior executives looking forward more hopefully and reflecting on last year's better times.
Canadian Property Management
Colonnade BridgePort shows confidence in the GTA
Ottawa-based Colonnade BridgePort has announced two new appointments to further guide the full-service real estate company’s expansion in the Greater Toronto Area.
Canadian Facility Management & Design
Slim prospects for industrial space seekers
Toronto records North America's lowest industrial availability rate, while Montreal and Vancouver also boast rates below 3 per cent coming out of the third quarter of 2020.
Canadian Property Management
Office vacancies on par with recessionary events
Canada-wide, CBRE pegs the total office vacancy rate at 12 per cent across the nine major markets it surveys, ranging from a low of 5.4 per cent in Vancouver to nearly 26 per cent in Calgary.
Canadian Property Management
Ontario capital markets set for rule revamp
Proposals address a range of issues that are likely to be of interest to listed real estate entities and their investors, as well as start-up ventures and other publicly traded service providers to the industry.
Canadian Property Management
Concordia U bolsters real estate studies
Students pursuing a degree through the John Molson School of Business can earn a minor in real estate, aligned with the new academic centre to support teaching and research.
REMI Network
Industry resource promotes diverse expertise
Developers of the European database, Women Talk Real Estate, are exploring demand for a similar resource to leverage insight from Black, Asian and other minority ethnic (BAME) professionals.
Canadian Property Management
Stop-gap September CECRA coverage offered
Canada Emergency Commercial Rent Assistance will be offered for a sixth month. The announcement comes eight days after the portal for new applications for the relief program appeared to be closed.
Canadian Property Management
Canadians atop global institutional investors
Canadians received two of three platinum-level awards bestowed to top investment performers in conjunction with the annual IPE Real Estate conference for pension fund executives.
Canadian Property Management
CECRA now closed to new applicants
With the August 31 deadline for first-time applications for Canada Emergency Commercial Rent Assistance (CECRA) now passed, the three-month program that evolved into five months of relief is closed to new recipients.
