Real Estate

Women experience vast share of 2020 real estate job loss

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.
Q4 cap rate trends

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.
COVID-19 clips 2020 investment performance

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.
Isle of Man and Jersey rank among the most welcoming havens for high-net-worth individuals

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.
Multifamily assets outperform the 2020 national average total return for the Canada Property Index

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.
Allied offers $600 million in debentures, in line with its green financing framework

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.
Nexus joins ranks of TSX-listed REITs

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.
Oxford bolsters European logistics holdings

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.
Greater Halifax office inventory sees positive absorption downtown

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.
Investment confidence wavers in Canadian commercial real estate in Q4 2020

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.
Eileen Foroglou

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.
Commercial landlords pledge free space to accommodate COVID-19 vaccination clinics

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.
Entrenched social inequities reverberate through to commercial real estate

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.
Nexus REIT to acquire eight industrial buildings

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 asset managers among world's 150 largest for real estate investment

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.
Repositioning specialist enters Ottawa office market via joint acquisition

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.
Office vacancy rates rose in all major Canadian markets in Q4 2020

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.