Retail

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.
CRU relief plan available in NADG's community malls

Canadian Property Management

Community mall operator unveils CRU relief plan

Small tenants in 12 of North American Development Group’s community shopping centres may be eligible to defer rent obligations for up to two months.
North American retailers deal with temporary closure of stores

Facility Cleaning & Maintenance

Temporary closure phase-down tips available

A North American facilities management association for retailers with multiple locations is marshalling resources to assist with a spate of store shutdowns.
retail tenants

REMI Network

Quebec retail tenants granted support

Ivanhoé Cambridge will be granting rent deferral to retail tenants in its Quebec shopping centres in order to relieve their financial burden.
COVID-19 fallout

Canadian Property Management

Real estate suffers uneven COVID-19 fallout

Market analysts foresee a varying degree of short-term and long-term impacts among real estate asset types, as well as supply chain interruptions that could slow activity at construction sites and in the booming distribution/warehouse sector.
New Brunswick promises property tax relief for commercial and residential landlords

Canadian Property Management

New Brunswick property tax relief set for 2021

Commercial ratepayers will see a phased 15 per cent cut in the property tax rate, in step with previously promised tax reductions for residential landlords.
retail facilities managers

REMI Network

Retail facilities managers address COVID-19

A growing number of industry organizations are providing their membership with online guidance related to COVID-19.
Prospects for office rent growth look good in Toronto

Canadian Property Management

Strong office rent growth foreseen for Toronto

That follows double-digit increases last year when Toronto was dubbed one of the "stand out performers" among major global cities, along with Boston and San Francisco.
Industrial-retail seesaw

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.
value-add assets

Canadian Property Management

Turnaround tales of value-add assets

Prominent Canadian asset managers recently recounted their experiences in repositioning underperforming properties, offering insight on turnaround logistics and the role value-add assets play in investment strategies.
big three retail landlords

Canadian Property Management

Big three retail landlords thrive on experience

Yorkdale Shopping Centre again takes the title of Canada's most productive mall in the Retail Council of Canada's annual analysis of shopping centres with more than 250,000 square feet of gross leasable area.
Yonge Sheppard Centre

Canadian Property Management

Long-awaited revival of Yonge Sheppard Centre

A scurry of people is criss-crossing paths in the newly renovated Yonge Sheppard Centre in North Toronto.
multi-site facilities

Facility Cleaning & Maintenance

Six trends to impact retail multi-site FM industry

Connex, the authority on retailers, multi-site healthcare facilities, entertainment facilities, banks and suppliers provides a breakdown of the meta-trends impacting retail facilities management.
Choice Properties

REMI Network

Choice Properties selling $426M portfolio

The transaction is scheduled to close on September 30, 2019.
retail projects USGBC

Canadian Property Management

Canada ranks second for LEED-certified retailers

USGBC has released its LEED in Motion: Retail report, which highlights retail facilities that incorporate LEED and other sustainability practices.
retail appraisals

Canadian Property Management

Deal values stay in line with retail appraisals

Transaction data from 2018 direct sales does not validate grumbling about the dissonance between REIT pricing and the appraised values of retail properties.
Global Property Index

Canadian Property Management

Canada inconspicuous in Global Property Index

The 2018 total return on Canadian real estate assets was in the back half of the pack among 25 national markets, but Canada is part of a smaller group of 12 that can boast an improvement over 2017 results.