Real Estate
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
CondoBusiness
Alberta to tackle land titles registry backlogs
Alberta will automate and digitize the provincial land titles registry in an effort to reduce the transaction backlogs that have been plaguing the paper-based system.
Canadian Property Management
New Brunswick revises disaster relief formula
New Brunswick properties will be flagged on the provincial land registry and denied further disaster relief once they’ve received $200,000 in assistance for any one type of natural incident.
Canadian Property Management
CPP names new global head of real assets
Maximilian Biagosch has been appointed global head of real assets for Canada Pension Plan Investment Board and will also continue to serve as CPP Investments' European head.
Canadian Facility Management & Design
DEI pilot targets CRE procurement channels
Seven prominent industry associations have formed the Commercial Real Estate Diverse Supplier (CREDS) Consortium to build connections with more minority- and women-owned businesses.
