Asset Management
Energy conservation in multi-unit buildings
As evidence grows about the impacts of fuel-burning on climate change, more multi-unit property owners are turning to innovative energy conservation measures like fuel switching.
Rise of the Robson Street corridor
GWLRA has purchased two adjacent sites on Vancouver's famed Robson Street with zoning for 400 rental units and 40,000 square feet of retail.
Promise of safe haven woos foreign investors
Foreign investors contemplating Canada’s multifamily market may see more theoretical than actual opportunity, given the current scarcity of available product.
Capital gains tax adjustment unnerves CRE
The jump in the capital gains inclusion rate is expected to have an immediate impact on property sales, while being factored into longer term asset management and investment decisions.
Investment returns show slipping values in 2023
Canadian investment returns for 2023 show retail improvement, industrial deceleration and continuing office value decline, as capital loss balances out income growth for a flat total return.
Uncertainty leads to rising costs
The biggest challenge for many real estate owners in 2024 will be finding affordable insurance coverage to protect their buildings.
The road to more rental housing
Canada's fall economic update includes steps to crack down on short-term rentals and billions in financing toward rental housing construction.
Conversion momentum draws on combo of drivers
Replicating Calgary’s nascent office-to-residential conversion momentum in other markets will likely depend on the same combination of weak office values, strong housing demand and generous incentives.
Canada’s student housing pipeline
With skyrocketing rents and demand outstripping supply, the inability for many to find suitable, affordable student housing has dominated recent headlines.
Receptive climate for risk management brewing
New guidance for CRE investors and owners/managers highlights climate-related risks, recommended safeguard measures and key questions for gauging the preparedness of assets.
Rent growth shows no signs of abating
Rent growth continues to accelerate in Canada’s apartment market as the economy outperforms expectations and demand exceeds new supply.
Office conversion prospects judged challenging
Viable conversion candidates must begin with a basic structural prerequisite, but construction costs, location, surrounding amenities and assumptions about future office values all influence the business case.
Toronto’s legacy of inclusive city-building
As the city of Toronto accelerates efforts to address housing affordability, inclusivity and the barriers inhibiting rapid housing development were top of mind at the Urban Land Institute’s Spring Meeting.
Multifamily asset values hold steady
Multifamily asset values appear to be holding steady, but transaction volume plummeted in the first quarter of 2023.
Sustainable finance products forge way to 2050
Sustainable finance products, are expected to increasingly come into play as building owners/managers pursue decarbonization and look to bolster the climate resiliency of their properties.
Multifamily remains favoured investment asset
Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.
B.C. Budget 2023 takes action on housing issues
B.C. Budget 2023 promises to invest in new purpose-built rental housing with measures intended to stimulate construction and provide support for renters in need.