Real Estate

2020 prospects

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.
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.
open-end real estate funds

Canadian Property Management

Open-end real estate funds open up

The defining features of open-end real estate funds are well matched to investors with long-term needs for stable, predictable returns, as seen in the largely institutional mix reported in the survey.
accessibility momentum

Canadian Property Management

Accessibility tracks sustainability trajectory

Market pressure and industry competitiveness could propel accessible commercial real estate in the coming decade, much the way those complementary forces have already bolstered energy efficiency and low-carbon footprints.
lender confidence

Canadian Apartment Magazine

Multifamily asset class wins lender confidence

Lenders to the Canadian commercial real estate industry aren't losing much sleep over their allocations to the multifamily asset class, as just 2.2 per cent of recent survey respondents report concerns about its prospects.
sustainability fund

Canadian Property Management

Sustainability fund carries lasting values

The IREM Foundation fund will carry Elaina Tattersdale's name, paying tribute to her memory and commitment to commercial real estate operations that respect the environment and well-being of building occupants.
clean capitalism

Canadian Property Management

Clean capitalism delivers added client value

Anna Murray, Ailey Roberts and Puninda Thind of BentallGreenOak's sustainability team have been named to the Canada Clean50 for 2020.
Climate risk profilers

Canadian Property Management

Climate risk profilers wrangle fragmented data

A widening scope of resources can be tapped to build increasingly sophisticated risk profiles, but sustainability practitioners note that data is often fragmented and difficult to obtain.
multifamily cap rates

Canadian Apartment Magazine

Investors chase down multifamily cap rates

Investment market dynamics stayed on trend in the third quarter of 2019, meaning that multifamily cap rates continued to compress. CBRE pegs the national average for Class A high-rise buildings at 3.82 per cent.
newcomers

REMI Network

Newcomers to boost demand for residential units

Newcomers to Canada are expected to buy 680,000 homes over the next five years, according to a Royal LePage survey released today.
climate change procrastinators

Canadian Property Management

Climate change procrastinators urged to act

The mounting consequences of being stuck fast in the wrong place for an extended wrong time begin with soaring insurance premiums and end with stranded assets.
Cheryl Gray

Canadian Property Management

Cheryl Gray first Canadian IREM President

Gray was inaugurated during the 2019 IREM Global Summit in San Francisco.
GRESB

Canadian Property Management

GRESB gets lift from ESG tailwind

Major Canadian players figure among both GRESB investor members with full access to the data and the larger complement of management members that report and are benchmarked through the real estate assessment.
Canadian pension funds

Canadian Property Management

Canadian pension funds look to GRESB guidance

Oxford Properties Group and Ivanhoé Cambridge have been benchmarked atop their North American peers in the 2019 GRESB Real Estate Assessment, which this year plotted the ESG performance of 1,005 companies, funds and REITs worldwide.
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.
portfolio share

Canadian Apartment Magazine

Investors pad multifamily’s portfolio share

Multifamily assets have enjoyed the most growth in real estate portfolio share of any property type thus far in the 21st century, jumping from 11 per cent to 17 per cent of investment allocation.
energy management

Canadian Property Management

Canadian cities fertile for tech job growth

The rankings reflect CBRE's assessment of each market's competitive appeal based on 13 variously weighted indicators that collectively present a picture of employment trends and other factors helping to attract and sustain a tech labour force.