Real Estate

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.
national home sales December 2018

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.