Real Estate

Data centre hubs grow in scale and number

REMI Network

Data centre hubs grow in scale and number

More than half of hyperscale sites worldwide are located in the United States, but Canada is among nine other countries where JLL analysts identify a development surge underway.
IREM backs women aspiring to career advancement

Canadian Property Management

Christine Bergeron to lead Concert Properties

Christine Bergeron, current president and chief executive officer of Vancity Group, will step into those roles with Concert Properties beginning in September.
Liquor store sell-off nears end in Saskatchewan

Canadian Facility Management & Design

Liquor store sell-off nears end in Saskatchewan

Significantly more revenue has been raised through the auction of the retail permits associated with the stores than from the sale of the properties themselves.
Andrew Blair joins ColonnadeBridgePort

Canadian Property Management

Andrew Blair joins Colonnade BridgePort

Andrew Blair has joined Ottawa-based ColonnadeBridgePort as managing partner of its investment fund and management business.
Brady Welch to act as Slate REIT's interim CEO

REMI Network

Brady Welch to act as Slate REIT’s interim CEO

Brady Welch, co-founder of Slate Asset Management, is stepping in as interim chief executive officer of Slate Office REIT.
labour council

Canadian Property Management

Canada-U.S. industrial markets diverge in Q1

Toronto and Vancouver posted the tightest industrial markets among major urban centres in Canada and the United States in the first quarter of 2023.
Stephan Dery takes helm at Canada Lands Company

Canadian Facility Management & Design

Stéphan Déry takes helm at Canada Lands Company

Stéphan Déry brings extensive experience in managing public real property to his new role as president and chief executive officer of Canada Lands Company.
REITs unexpectedly tapped for new tax measure

Canadian Property Management

REITs unexpectedly tapped for new tax measure

Advocates for the Canadian commercial real estate industry are asking the federal finance department to clarify why real estate investment trusts have been included in a pending new tax measure.
Rising office vacancy pairs with rent growth

Canadian Property Management

Rising office vacancy pairs with rent growth

CBRE Canada reports an all-time high national office vacancy rate and another quarter-over-quarter increase in average Class A net rents for Q1 2023.
IFMA

REMI Network

Black Real Estate Roundtable meets in Atlanta

Delegates to NAREIM’s second annual Black Real Estate Roundtable, representing more than 40 major U.S. investment management firms, discussed career experiences and strategies.
Inadvertent blocks on commercial deals lifted

Canadian Property Management

Inadvertent blocks on commercial deals lifted

Regulatory amendments to Canada’s Prohibition on the Purchase of Residential Property by Non-Canadians Act address inadvertent impacts on commercial transactions and property development.
Bank failures make little dent in Canadian CRE

Canadian Property Management

Bank failures make little dent in Canadian CRE

Just two of Canada's listed real estate companies count recently failed U.S. banks among their tenants, occupying a minimal fraction of their portfolios in both cases.
Quebec school maintenance budget gets top-up

Canadian Facility Management & Design

Quebec’s school maintenance budget gets top-up

The newly released Quebec budget also promises $100 million over five years to allow post-secondary institutions to lease extra classroom space in commercial buildings.
esg

Canadian Property Management

Dream to offer ESG-focused debt capital

Dream Unlimited Corp. will offer ESG-focused debt capital to the U.S. market through the launch of Avrio Real Estate Credit, in partnership with PaulsCorp LLC.
Friendly rivalry serves up $60,000 donation

Canadian Property Management

Friendly rivalry serves up $60,000 donation

BentallGreenOak and Starlight Investments were co-organizers of the inaugural Real Estate Rally, a fundraising ping pong tournament for industry teams.
First Capital REIT resolves dispute with activist unit-holders

Canadian Property Management

First Capital resolves dispute with unit-holders

First Capital Real Estate Investment Trust has resolved a dispute with activist unit-holders, Sandpiper Group and Artis REIT, thus leaving its board unchallenged.
PSP Investments acquires digital infrastructure

Canadian Property Management

PSP Investments to acquire digital infrastructure

The USD $3-billion deal will take Radius Global Infrastructure, a multinational aggregator and owner of properties leased to wireless communications operators, private.