Real Estate

gender pay gap

Canadian Property Management

CRE gender pay gap widens at mid-career

A 2018 Women in CRE Survey found that 65 per cent of respondents were made aware of being paid less than a male counterpart at some point in their career. Of those, 75 per cent noted it happened at least two times.
national home sales

CondoBusiness

National home sales projected to fall by year’s end

CREA's revised national forecast for home sales activity for 2018 and 2019 finds sales are expected to fall by 9.8 per cent to 462,900 units this year.
market drivers

Canadian Apartment Magazine

Developers weigh in on market drivers

Collectively, the 400+ C-suite and senior executives see more opportunity than threat in technological advancements, social change and a less economically stratified society.
Smoothing of tax inequities

Canadian Property Management

REALPAC calls for smoothing of tax inequities

An illogical quirk in the apportionment of business education tax continues to undermine competitiveness for some of Ontario's major cities, advocates for the commercial real estate sector maintain.
Hurricane Florence

Canadian Property Management

Hurricane Florence could swamp asset values

REITs hold more than 5,500 properties in the area flagged for storm surge and other severe weather fallout.
ESG performance

Canadian Property Management

ESG performance earns Triovest global standing

Triovest achieved the best GRESB score, 88 out of 100 possible points, in its peer group of non-listed, diversified office/industrial portfolios.
Canadian REITs

Canadian Property Management

Canadian REITs mark 25 years on the TSX

Since the first two listings in 1993, investors can now look to 44 REITs with a collective market capitalization of $62 billion.
GGP retail portfolio

Canadian Property Management

Brookfield closes on GGP retail portfolio

Brookfield Property Partners has now completed the USD $15-billion deal, begun more than nine months ago.
cryptocurrency

CondoBusiness

Cryptocurrency risks, blockchain potential

Could the recent sale of a Toronto condo for cryptocurrency be the first sign of a shift in the condo industry towards use of digital currencies?
Beedie rebranding

Canadian Property Management

Scotiabank to anchor new Bay Adelaide tower

The 32-storey, 820,000-square-foot building will be the third and final piece of the office complex Brookfield Property Partners brought to the downtown Toronto market in 2009.
Calgary office vacancies ease marginally

Canadian Property Management

Calgary office vacancies ease marginally in Q2

Tenants in a position to take advantage of the current market dynamics are enjoying the flight to quality.
constrained Toronto market

Canadian Property Management

Constrained Toronto market curbs Q2 investment

Land deals accounted for half the value of real estate investment in the Greater Toronto Area during the second quarter of 2018, while activity in the office sector dipped considerably.
Slate Office REIT

Canadian Property Management

Slate Office REIT turns from East to Midwest

Slate Office REIT has inked deals for an acquisition in Chicago and a disposition in St. John's, Newfoundland.
investors chase multifamily properties

Canadian Apartment Magazine

Investors chase multifamily properties

Midyear results from CBRE and Colliers International reveal that almost every other property type, except premier office, is trading at higher cap rates in major Canadian markets.
New Brunswick office markets

Canadian Property Management

NB office markets improve as St. John’s slips

Fredericton recorded 133,000 square feet of positive absorption since June 2017, taking the vacancy rate below 9.5 per cent, while Saint John showed the most marked improvement with a 3.7 per cent drop in vacancy.
Toronto airport office node

Canadian Property Management

Toronto airport office node attracts investors

Crown Realty has acquired 10 and 20 Carlson Court, a 305,000-square-foot Class A office complex located near Toronto's Pearson International Airport.
Halifax office vacancy rate

Canadian Property Management

Halifax office vacancy rate dips modestly

The Atlantic Canada real estate advisory firm, Turner Drake & Partners, reports a region-wide office vacancy rate of 15.25 per cent, representing a drop of more than 170 basis points since June 2017.