Real Estate
Canadian Property Management
Christina Iacoucci promoted to BGO Canada helm
Christina Iacoucci has been promoted to head of Canadian business at BentallGreenOak (BGO) and will also continue to serve as BGO’s chief investment officer in Canada.
Canadian Property Management
IREM backs women aspiring to career advancement
The IREM Foundation, the charitable arm of the Institute of Real Estate Management, is offering a 2024 scholarship to support women working towards professional certification.
REMI Network
Latinx real estate professionals to gather
Latinx real estate professionals can discuss career perspectives at an inaugural half-day forum sponsored by NAREIM, the U.S. National Association of Real Estate Investment Managers.
Canadian Property Management
SIOR central Canada names top brokers for 2023
SIOR, the Society of Industrial and Office Realtors, central Canada chapter has named brokers of the year for 2023, conveying honours in four categories.
Canadian Property Management
CRE gets peripheral standing on Manitoba council
Commercial real estate is relegated to peripheral standing on the newly struck 36-member Premier’s Business and Jobs Council, tasked with developing an economic strategy for Manitoba.
Canadian Property Management
Ontario Teachers’ name new real estate leader
Pierre Cherki will take leadership of global real estate investment for Ontario Teachers’ Pension Plan when its new in-house asset management group launches early next year.
Canadian Property Management
Ontario to wrest realty functions from agencies
The Ontario government is moving to wrest realty functions from 10 provincial agencies, including the administrator of the health care system, the manager of Algonquin park, major museums and convention centres.
Canadian Property Management
Generative AI poised to realign CRE status quo
Emerging generative AI applications could realign the status quo within commercial real estate’s property administration, brokerage and investment management services.
Canadian Property Management
Canada praised as GRESB benchmark leader
National averages aren’t revealed in the recently released 2023 global results, but Canada's high ranking among 75 participating countries was confirmed during an online discussion of trends underpinning the numbers.
Canadian Property Management
Operational tech ripe for more ransomware attacks
Real estate was relatively unscathed in the growing number of ransomware attacks perpetrated in Canada last year, experiencing about 3 per cent of the incidents occurring across 19 industry sectors.
Canadian Property Management
Canada boasts resilient bases for CRE value
Abundant water resources and a low-carbon electricity grid are two key attributes earning Toronto, Montreal, Ottawa and Winnipeg favourable ranking as resilient bases for commercial real estate.
REMI Network
Delinquent loans mount on U.S. office assets
DBRS Morningstar’s recently released status report on commercial mortgage-backed securities counts July as the fourth consecutive month with rising delinquency rates.
Canadian Property Management
Retail rents posting gains in open-air venues
Calgary, Montreal and Halifax particularly enjoyed an upturn in retail rents during the first half of 2023, but declining rates were next to non-existent across Canada's major urban markets.
Canadian Property Management
Canada shares in real estate’s global value dip
The global value of professionally managed real estate fell by 4.1 per cent last year relative to 2021, representing a USD $600 billion year-over-year drop.
CondoBusiness
Quebec home inspectors get standardized rules
Quebec is introducing standardized certification and skills upgrading requirements for home inspectors who conduct assessments related to sales transactions.
CondoBusiness
Brokerage to end dual listing on TSX and NASDAQ
The Real Brokerage Inc. cites “minimal trading volume” in return for duplicate administrative expenses in the decision to voluntarily delist from the TSX.
Canadian Property Management
Oxford expands C-Suite and executive committee
Oxford Properties has named two new C-suite appointees, including its first-ever Chief Investment Officer, and five new executive committee members.
