Real Estate

Ottawa-Gatineau

Canadian Apartment Magazine

Ottawa-Gatineau tapped for value-add potential

The partners will invest in in-suite and common area upgrades with the aim of generating more revenue from the units, which are located in the downtown cores on both sides of the Ottawa River.
prominent global real estate players

Canadian Property Management

ESG guides prominent global real estate players

ESG provides a framework to set priorities, steer action and monitor progress toward more resilient assets, with 93 per cent of respondents reporting that criteria linked to sustainability, supporting local communities and shunning corruption influence their investment decisions.
Bentall Centre

Canadian Property Management

Blackstone eyes Bentall Centre for the long term

Vancouver's iconic Bentall Centre is set to have prominent new ownership.
rent sticker shock

Canadian Apartment Magazine

Rent sticker shock awaits Canadians in the U.S.

Asking rents in the five largest American cities of New York, Los Angeles, Chicago, Houston and Phoenix appear moderately to dramatically steeper than Canadian tenants typically pay.
trio of Toronto buildings

Canadian Property Management

Pension funds trade trio of Toronto buildings

OPTrust now has an ownership stake in the office tower that houses its own corporate headquarters.
foreign property investors

REMI Network

Foreign investors attuned to currency swing

Recent MSCI analysis suggests outsiders can suffer a more painful hit or enjoy a better recovery from a geopolitical shock, depending on their timing and the strength of their domestic currency.
multifamily deals Greybrook

Canadian Apartment Magazine

US multifamily deals top office again in 2018

Canadian investors acquired USD $9.8 billion worth of multifamily properties in the United States last year, but that's a fairly small portion of the sector's USD $167.5 billion transaction volume.
substantial issuer bids

Canadian Property Management

Brookfield initiates substantial issuer bids

The Brookfield Property Partners offer contemplates a price in the range of $19 to $21 per unit/share and invites prospective vendors to submit tenders by March 25th.
2018 investment returns

Canadian Property Management

Some drag in buoyant 2018 investment returns

A surging industrial sector helped to counterbalance slipping retail values and push up 2018 investment returns on Canadian commercial real estate.
board meetings Alate

CondoBusiness

Real estate leaders tapped for Alate advisory board

Alate Partners has formed an advisory board of real estate developers, owners and operators to help identify promising smart real estate solutions.
multifamily assets

Canadian Apartment Magazine

Multifamily assets post value increase in 2018

Residential was the only sector that could boast capital growth in every market where institutional investors represented in the Canada Property Index hold properties.
investment GTA new home market condo sales

CondoBusiness

GTA condo sales fell 9.9 per cent in Q4-2018

According to the TREB, there were 5,191 condominium apartment sales in the fourth quarter of 2018, a decline of 9.9 per cent compared to Q4-2017.
suburban office parks

Canadian Property Management

Mixed uses to ease into suburban office parks

The new policy would give developers a basis to challenge any local government's veto of non-employment land uses in suburban office parks.
city momentum index

REMI Network

India and China dominate city momentum index

Socio-economic and real estate market trends are analyzed to gauge the pace at which cities are attracting people, companies and capital.
Canderel

CondoBusiness

Canderel appoints Brett Miller as CEO

The Canderel Group of Companies has appointed 30-year industry veteran Brett Miller as chief executive officer, effective February 18, 2019.
MAESTRIA

CondoBusiness

$700-mil mixed-use development set for Montreal

Devimco Immobilier and partners have joined to develop MAESTRIA, the largest mixed-use real estate project in Montreal’s Quartier des spectacles.
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.