REALpac

DEI progress harder to see in 2023 survey

Canadian Property Management

DEI progress harder to see in 2023 survey

A jump in participation makes progress harder to see in findings from the third global survey of diversity, equity and inclusion initiatives in the commercial real estate sector.
More prominent sponsors join CRE's global DEI survey

Canadian Property Management

Prominent sponsors join CRE’s global DEI survey

An expanded list of industry associations has signed on for the 2023 global survey of diversity, equity and inclusion (DEI) in commercial real estate, more than doubling the slate of sponsors from two years ago.
ESG metrics inform range of CRE stakeholders

Canadian Property Management

Range of CRE stakeholders demand ESG metrics

Canada’s leading commercial real estate players are increasingly turning to ESG metrics to track responsiveness to a range of emerging risks and business imperatives.
rental housing supply

Canadian Apartment Magazine

The path to “Better and More” housing

REALPAC has launched a new campaign highlighting the essential role Canada's rental housing market plays in filling housing need.
Few dramatic reversals foresee in CRE trends

Canadian Property Management

Few dramatic reversals foreseen in CRE trends

REALPAC’s 2022 Prospective Survey was conducted in late October, posing questions to chart the commercial real estate industry’s anticipated course over the next five years.
Commercial leases attract political attention

Canadian Property Management

Commercial leases attract political attention

Both the NDP and Green parties float concepts for standardized lease agreements and rent control guidelines in their recently released platforms for the June 2 Ontario election..
REALPAC releases updated model green lease

Canadian Property Management

Updated model green lease attuned to the 2020s

REALPAC’s newly updated model green lease for Canadian office buildings introduces measures aligned with the broadening demand for ESG reporting and performance outcomes.
Climate change and ESG pervade CRE projections

Canadian Property Management

Climate change and ESG pervade CRE projections

Climate change is more ominous than the spectre of regulations and taxes for a small majority of commercial real estate leaders responding to REALPAC’s recent survey of their expectations for the next decade.
Accessibility carries a simple business case

Canadian Property Management

Accessibility carries a simple business case

Many commercial real estate operators are making the simple business case for buildings that are functional for all potential users. It’s a quest that can begin with simple investigations, simple low-cost measures and simple mindfulness.
Former Ontario Premier Bill Davis was a honorary member of BOMA Toronto

Canadian Property Management

Bill Davis held rare BOMA membership status

Former Ontario Premier Bill Davis was an honorary member of the Building Owners and Managers Association (BOMA) of Greater Toronto.
COVID-19 prompts fine-tune for effective benchmarking

Canadian Property Management

A fine-tune for effective benchmarking

The 2021 versions of REALPAC's normalization methodologies for calculating energy- and water-use intensity address issues arising from the COVID-19 pandemic and lower occupant densities in office buildings.
CERS uptake falls short of potential

Canadian Property Management

CERS uptake falls short of potential

Removing landlords from the application process hasn’t necessarily made the Canada Emergency Rent Subsidy (CERS) more accessible for commercial tenants experiencing pandemic-related financial stress.
COVID-19 clips 2020 investment performance

Canadian Property Management

COVID-19 clips 2020 investment performance

A ten-year run of capital growth abruptly reversed, resulting in a 7.8 per cent loss of value across the 2,356 assets that the 44 portfolios represented in the Canada Annual Property Index hold.
Multifamily assets outperform the 2020 national average total return for the Canada Property Index

Canadian Apartment Magazine

Multifamily assets surpass 2020 index average

Newly released 2020 investment results find industrial and multifamily assets on the positive side of the national average total return for 2,356 directly held standing assets, which registered -4.1 per cent.
Investment confidence wavers in Canadian commercial real estate in Q4 2020

Canadian Property Management

Investment confidence awaits vaccine boost

A surging second wave of COVID-19 tempered investment confidence in commercial real estate during the fourth quarter of 2020.
Commercial landlords pledge free space to accommodate COVID-19 vaccination clinics

Canadian Facility Management & Design

Landlords would welcome vaccination clinics

Prominent commercial landlords are offering free space to accommodate COVID-19 vaccination clinics and related support services in malls, conference centres, office buildings and other well-located sites throughout Canada.
property tax ratios lopsided against commercial ratepayers

Canadian Property Management

Property tax ratios epitomize commercial burden

The commercial property tax rate is at least double the residential rate in eight of the 11 surveyed cities, with commercial ratepayers in Montreal, Toronto and Quebec City shouldering the most disproportionate shares.