Real Estate
REMI Network
Q2 leaves most downtown office markets unscathed
Second quarter vacancy rates and rent trends provide a first look at Canadian commercial real estate markets during widespread COVID-19-triggered business shutdowns.
REMI Network
Toronto to refine investment decision process
Proposed policy changes would embed United Nations sustainable development goals in ESG criteria and adjust parameters for allocations to real assets.
Canadian Property Management
Office-using sectors show relative resilience
There is plenty of uncertainty and little consensus on the economic outlook for Canada and the United States. It is becoming clear that it will not be a V-shaped recovery, and it is more likely to be uneven and prolonged.
Canadian Property Management
Retail landlords absorb and counter economic hit
Results of a wide-ranging survey show many major Canadian commercial real estate players braced for the erosion of consumer confidence, tenant solvency and their own investment returns.
Canadian Property Management
Ontario to amend Commercial Tenancies Act
Following similar actions in B.C. and Alberta, the Ontario government will temporarily halt evictions of tenants eligible for Canada Emergency Commercial Rent Assistance (CECRA).
Canadian Property Management
Alberta pledges to halt commercial evictions
The announcement accompanies a promise to disperse grants of up to $5,000 to help businesses and non-profit organizations with the costs of relaunching after COVID-19-triggered shutdowns, but few details are yet available.
Canadian Property Management
Commercial landlords decry blame shifting
REALPAC characterizes the landlord-tenant dynamic as a chain of economic stress, with many commercial landlords likewise suffering a drop in revenue and financially beholden to their lenders.
Canadian Facility Management & Design
Equinix stretches its Canadian digital reach
The $1.04 billion deal will see Equinix acquire 13 data centres and more than 600 Bell customers from BCE Inc.
Canadian Property Management
Slate Office REIT advances new CEO from within
Steve Hodgson has been named chief executive officer after serving as chief operating officer and holding a range of key responsibilities since joining the company in 2014.
Facility Cleaning & Maintenance
VIDEO: The impact of COVID-19 on real estate operations and building cleaning
Missed our May 20 webinar on the wide-ranging impact of COVID-19 and its influence on cleaning protocols? It’s not too late to learn from our
REMI Network
Q4 overflow spurs Montreal investment deal volume
Sales value topped $2 billion for the fourth consecutive quarter, albeit at a lower total than was achieved in the second to fourth quarters of 2019.
Facility Cleaning & Maintenance
The new normal of building cleaning
How COVID-19 has impacted real estate operations and building cleaning, and what can be learned from our experience so far.
Canadian Property Management
CECRA applicants urged to prepare documentation
Potential participants can begin to prepare ahead of registration opening next week, following instructions that have been posted on Canada Mortgage and Housing Corporation’s website.
Canadian Property Management
Solid pre-pandemic fundamentals buttress market
Thus far, in most markets, there’s been no spurt of office sublets or rent discounts that conventionally signify an economic downturn, but there has been a flurry of conjecture about the forces COVID-19 may have unleashed.
Facility Cleaning & Maintenance
Pension fund watchdog tuned to real estate arms
Board trustees for some of Canada’s most prominent commercial real estate portfolios are underscoring the obligations owed to on-site building services personnel during the COVID-19 crisis.
Canadian Property Management
Data centres gain traffic missing from highways
At least 84 Canadian commercial buildings have been abuzz during protracted COVID-19-related business shutdowns. They house the data centres that have literally underpinned the continued functioning of the economy.
Canadian Property Management
Details of CECRA program rollout still emerging
The CECRA program is voluntary. Not all eligible landlords will necessarily take advantage of this program for various reasons.
