Real Estate
Canadian Apartment Magazine
Seniors housing portfolio trades
H & H Total Care Services has sold an eight-building seniors housing portfolio in western Canada for more than $300 million.
Canadian Property Management
Canada gains weight in global property index
Canada contributed to an 8.5 per cent or USD $900 billion expansion of the professionally managed real estate market last year across 37 countries MSCI analyzed.
Canadian Property Management
REIT acquires four Alberta business parks
The $309-million deal is the largest yet for Skyline Industrial REIT, securing it 16 buildings and nearly 130 acres of land in Calgary and Edmonton.
Canadian Property Management
CRE measures up as Canadian economic driver
A new report estimates commercial real estate made a $148.4 billion total contribution to Canada’s GDP last year, when factoring its direct, indirect and induced impacts.
Canadian Property Management
Rising interest rates alter slant on CRE values
Rising interest rates have Canadian commercial real estate players adjusting their expectations about cap rates and internal rates of return.
Canadian Apartment Magazine
Offshore single-family rental REITs sidelined
A two-year prohibition on foreign investors acquiring single residential dwellings, duplexes or triplexes is set to begin January 1, 2023.
Canadian Property Management
Atlantic Canada markets reflect national trends
Atlantic Canada markets were in sync with nationwide trends during the first half of 2022 with a tightening supply of warehouse space and loosening office vacancies.
Canadian Property Management
GTHA lab space scarcity portends opportunity
Market analysts see a vibrant niche of real estate investment potential in the Greater Toronto and Hamilton Area, where the vacancy rate for lab space is currently 0.2 per cent.
Canadian Property Management
Food-anchored retail tops CRE investment menu
Food-anchored retail plazas remain a staple on the commercial real estate menu, again emerging as the preferred asset type in Altus Group’s survey of Canadian investment trends in Q2.
Canadian Property Management
Calgary posts modest dip in Q2 office vacancies
Calgary's office market saw nearly 440,000 square feet of positive absorption during the first half of 2022 and a 90 basis point decline in the vacancy rate during the second quarter.
Canadian Property Management
More reservations emerging about CRE conditions
Investors and asset managers typically expressed more reservations about Canadian commercial real estate this spring than when they were surveyed on their sentiments last fall.
Canadian Apartment Magazine
GTA multifamily sales volume stable in Q2
Transactions ebbed in Q2, but overall multifamily sales volume is only slightly behind last year’s pace due to a 16.5 per cent year-over-year increase in the average price per suite.
Canadian Property Management
Cap rates open up in Q2
Cap rates opened up and investment activity slowed across every Canadian property sector during the second quarter of 2022.
Canadian Apartment Magazine
Canada’s top rents rank moderately in the U.S.
Canada’s two priciest rental housing markets fall toward the moderate end of the scale when mixed in with the largest urban centres in the United States.
Canadian Property Management
Q2 market trends follow familiar patterns
Midway through 2022, Colliers Canada pegs the national office vacancy rate at just below 13 per cent, while the national industrial vacancy rate sits 1,200 basis points lower.
REMI Network
Cushman in contempt over subpoenaed documents
The ruling comes after a series of legal manoeuvrings related to the Attorney General of New York State’s pursuit of appraisal information about Donald Trump's properties.
Canadian Property Management
Canada transparently draws investor confidence
Canada retains its fifth place ranking and its status as a highly transparent real estate market in JLL’s newly released 2022 Global Real Estate Transparency Index.
