REALpac

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.
real estate confidence barometer

Canadian Property Management

Real estate confidence barometer resets from Q2

Newly released third quarter results from the REALPAC/FPL Canadian Real Estate Sentiment Survey reveal senior executives looking forward more hopefully and reflecting on last year's better times.
Commercial landlords decry the blame shifting of eviction prohibitions

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.
multifamily and retail stability on the CRE priority list

Canadian Property Management

Multifamily and retail stability on priority list

Some of Canada’s most prominent commercial real estate players are tackling the challenge of COVID-19, asset class by asset class.
Q4 cap rate trends

Canadian Property Management

Property funds possess stabilizing mechanisms

REALPAC’s recent survey of 15 Canadian open-end real estate funds offers insight into when and why fund administrators would suspend the ability for investors to redeem their holdings.
REALPAC answers call for a real estate sector cultural influencer

Canadian Property Management

REALPAC steps up as COVID-19 cultural influencer

Fittingly, a currently posted update points to Prime Minister Justin Trudeau’s plea for “cultural influencers” to get involved.
Northview portfolio

Canadian Apartment Magazine

Low yields not deterring multifamily investment

Multifamily assets delivered the lowest income return of the property sectors to institutional investors in the Canada Property Index last year, but produced strong total returns on a foundation of 7.3 per cent capital growth.
investment

Canadian Property Management

Industrial-retail seesaw in play for investors

A 6.65 per cent average total return on the Canada Property Index's 2,723 directly held standing assets, scattered across eight major markets, cloaks significant variances between property sectors and from market to market.
open-end real estate funds

Canadian Property Management

Open-end real estate funds open up

The defining features of open-end real estate funds are well matched to investors with long-term needs for stable, predictable returns, as seen in the largely institutional mix reported in the survey.