Real Estate
Canadian Property Management
Women bear brunt of 2020 real estate job loss
Women were jettisoned from 14,300 of the roughly 16,000 positions Ontario's real estate, rental and leasing sector shed last year.
Canadian Apartment Magazine
Q4 cap rate trends vary by sector
Cap rates trended upwards for downtown office, hotels and most retail categories during the fourth quarter of 2020, while compressing further for industrial and low-rise multifamily properties.
Canadian Property Management
COVID-19 clips 2020 investment performance
A ten-year run of capital growth abruptly reversed, resulting in a 7.8 per cent loss of value across the 2,356 assets that the 44 portfolios represented in the Canada Annual Property Index hold.
REMI Network
Self-governing islands judged welcoming havens
Isle of Man and Jersey are drawing high-net-worth individuals looking for a combination of financial secrecy and low corporate taxes, advises a leading mortgage broker for such clientele.
Canadian Apartment Magazine
Multifamily assets surpass 2020 index average
Newly released 2020 investment results find industrial and multifamily assets on the positive side of the national average total return for 2,356 directly held standing assets, which registered -4.1 per cent.
Canadian Property Management
Green financing framework steers Allied issuance
Proceeds from this and future green offerings will be applied to financing or refinancing four categories of assets to be known as eligible green projects.
Canadian Property Management
Nexus moves up to TSX-listed REITs roster
Nexus REIT units were consolidated at a factor of four-to-one and delisted from the TSX Venture Exchange upon today’s graduation to trading on the TSX.
Canadian Property Management
Oxford to bolster European logistics holdings
The deal will bring M7 Real Estate’s portfolio of €4 billion (CAD $6.16 billion) in assets under management across 14 countries to Oxford Properties' platform.
Canadian Property Management
Halifax records positive absorption downtown
As of December 2020, Turner, Drake and Partners Ltd. pegs the vacancy rate at 14 per cent across 12.2 million square feet of office space in eight submarkets.
Canadian Property Management
Investment confidence awaits vaccine boost
A surging second wave of COVID-19 tempered investment confidence in commercial real estate during the fourth quarter of 2020.
Canadian Property Management
Eileen Foroglou joins NYX Capital Corp as CFO
Eileen Foroglou has been named chief financial officer at the Toronto-based private equity real estate investment firm, NYX Capital Corp.
Canadian Facility Management & Design
Landlords would welcome vaccination clinics
Prominent commercial landlords are offering free space to accommodate COVID-19 vaccination clinics and related support services in malls, conference centres, office buildings and other well-located sites throughout Canada.
Canadian Property Management
Cracking through entrenched social inequities
Commercial real estate investors, owners and managers are acknowledging that entrenched social inequities undermine their workforces, their tenants and the value of their portfolios.
Canadian Property Management
Nexus REIT to acquire eight industrial buildings
Upon completion of the two new deals, 67 per cent of Nexus REIT’s net rental income will be derived from its industrial holdings — a jump from 61 per cent currently.
Canadian Property Management
Canadian asset managers among global 150 largest
Brookfield Asset Management sits far atop the field in IPE Real Assets’ 2020 rankings of the world’s 150 largest real estate investment managers.
Canadian Property Management
Repositioning specialist tackles Ottawa market
Marlin Spring and Colonnade BridgePort have partnered in the acquisition of a 12-storey office building at a prominent intersection of Ottawa’s central business district.
Canadian Property Management
Office vacancy rates climb with Q4 sublets
Industrial availability tightened from the third quarter in eight of the 11 surveyed markets, ending the year at well below 2 per cent in Vancouver and Montreal and below 1 per cent in Toronto.
