Real Estate

Grocery-anchored retail stands out positively among other retail investment properties

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.
Institutional investors compare 10-year Canada bond rate to real estate returns

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.
Canada's tech talent hubs are riding a wave of nationwide job growth since 2014

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.
GRESB separates from GBCI and seeks B-Corp status

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.
commercial evictions

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.
property tax ratios lopsided against commercial ratepayers

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.
Most U.S. markets fall short of Vancouver and Toronto in Q3 2020

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.
real estate confidence barometer

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.
Colonnade BridgePort announces two new appointments for GTA office

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.
Industrial space availability rates below 3 per cent in Toronto, Montreal and Vancouver

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.
Office vacancies increase in all major Canadian markets during 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.
Ontario capital markets set for modernization effort

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.
centre for real estate studies opens at Concordia University

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.
diverse expertise

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.
September CECRA coverage

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.
global institutional investors

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.
CECRA now closed to new applications for commercial rent relief

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.