Real Estate
Canadian Property Management
Commercial landlords decry blame shifting
REALPAC characterizes the landlord-tenant dynamic as a chain of economic stress, with many commercial landlords likewise suffering a drop in revenue and financially beholden to their lenders.
Canadian Facility Management & Design
Equinix stretches its Canadian digital reach
The $1.04 billion deal will see Equinix acquire 13 data centres and more than 600 Bell customers from BCE Inc.
Canadian Property Management
Slate Office REIT advances new CEO from within
Steve Hodgson has been named chief executive officer after serving as chief operating officer and holding a range of key responsibilities since joining the company in 2014.
Facility Cleaning & Maintenance
VIDEO: The impact of COVID-19 on real estate operations and building cleaning
Missed our May 20 webinar on the wide-ranging impact of COVID-19 and its influence on cleaning protocols? It’s not too late to learn from our
REMI Network
Q4 overflow spurs Montreal investment deal volume
Sales value topped $2 billion for the fourth consecutive quarter, albeit at a lower total than was achieved in the second to fourth quarters of 2019.
Facility Cleaning & Maintenance
The new normal of building cleaning
How COVID-19 has impacted real estate operations and building cleaning, and what can be learned from our experience so far.
Canadian Property Management
CECRA applicants urged to prepare documentation
Potential participants can begin to prepare ahead of registration opening next week, following instructions that have been posted on Canada Mortgage and Housing Corporation’s website.
Canadian Property Management
Solid pre-pandemic fundamentals buttress market
Thus far, in most markets, there’s been no spurt of office sublets or rent discounts that conventionally signify an economic downturn, but there has been a flurry of conjecture about the forces COVID-19 may have unleashed.
Facility Cleaning & Maintenance
Pension fund watchdog tuned to real estate arms
Board trustees for some of Canada’s most prominent commercial real estate portfolios are underscoring the obligations owed to on-site building services personnel during the COVID-19 crisis.
Canadian Property Management
Data centres gain traffic missing from highways
At least 84 Canadian commercial buildings have been abuzz during protracted COVID-19-related business shutdowns. They house the data centres that have literally underpinned the continued functioning of the economy.
Canadian Property Management
Details of CECRA program rollout still emerging
The CECRA program is voluntary. Not all eligible landlords will necessarily take advantage of this program for various reasons.
Canadian Property Management
Q1 stats reflect first quintile GTA investment
Arguably, Q1 stats more accurately reflect the first quintile of 2020 activity since COVID-19 skittishness placed a pause on the market in early March.
Canadian Property Management
Regulators plumb mortgage loan liquidity
COVID-19-related pressure for rent deferrals begets landlords' needs for loan concessions and heightened uncertainty for lenders.
CondoBusiness
Real estate gains allure as migration portal
Henley & Partners has charted a first quarter pickup in investment programs that offer a gateway to residence in Portugal, Cyprus, Greece and Turkey, and projects a growing appetite for similar opportunities elsewhere in the European Union.
Canadian Property Management
Deferrals should address GST/HST remittances
Tax specialists are reminding commercial landlords that rent deferrals could have flow-through implications for required GST/HST remittances to the Canada Revenue Agency.
Canadian Property Management
Significant turbulence upends Q1 outcomes
Office landlords could be focused on issues around rent deferrals and mechanisms for payment support well into Q2, while social distancing imperatives have accentuated somewhat diametrical trajectories for industrial and retail properties.
Canadian Facility Management & Design
Canadian hotel industry draws troubleshooters
Real estate, legal and financial services providers have come together to offer support and work their networks on the hotel sector's behalf during the COVID-19 crisis.
