REMI

Financial Management

Grocery-anchored retail stands out positively among other retail investment properties

Grocery-anchored retail deemed a best buy

Beyond stores selling essential goods, bricks-and-mortar retail is reeling from COVID-19-triggered public health controls and watching its already gaining competition grow even faster than projected.
CERS draft legislation outlines new commercial rent relief program

CERS draft legislation awaits adoption

CERS will deliver direct rent support to qualifying tenants without the need to work though their landlords. As a direct subsidy, unlike CECRA, no loan agreement is required.
condo security 

Historic property tax disparity dismantled

As announced in the provincial budget, the Ontario government plans to equalize the business education tax (BET) rate at 0.88 per cent for 2021, equating to a $450-million tax cut province-wide.
Post-secondary

How will campuses change because of COVID-19?

Colleges and universities are questioning how much space will be needed in the future campus, how it will be operated, and how to make our built environment more healthy, sustainable and resilient.
retrofit

Making data-driven decisions to cut energy losses

Retrofits to remedy energy losses through the building envelope are sometimes based on assumptions and uncertainty.
Ontario ponders graduate studies at colleges

Closing the FM skills gap during COVID-19

It is critical that FMs be part of a back-to-work strategy to voice their ideas, suggestions and areas for improvement that can all be applied going forward.
September CECRA coverage

Stop-gap September CECRA coverage offered

Canada Emergency Commercial Rent Assistance will be offered for a sixth month. The announcement comes eight days after the portal for new applications for the relief program appeared to be closed.
embodied carbon

An embodied carbon primer for facility managers

Facility management affects a significant component of total lifetime embodied carbon.
CECRA now closed to new applications for commercial rent relief

CECRA now closed to new applicants

With the August 31 deadline for first-time applications for Canada Emergency Commercial Rent Assistance (CECRA) now passed, the three-month program that evolved into five months of relief is closed to new recipients.
zero carbon

Blazing a trail for zero carbon in Nova Scotia

The zero carbon project marks an evolution in warehouses and, more broadly, the potential for a lower-emitting industrial sector.
Retail landlords respond to COVID-19-related issues

Retail landlords absorb and counter economic hit

Results of a wide-ranging survey show many major Canadian commercial real estate players braced for the erosion of consumer confidence, tenant solvency and their own investment returns.
Canadians now fill half of BOMA International executive officer positions

Details of CECRA program rollout still emerging

The CECRA program is voluntary. Not all eligible landlords will necessarily take advantage of this program for various reasons.
cobotics

Outbreak accelerates role of cobotics in cleaning

COVID-19 is expected to push cobotics to the forefront of cleaning as facilities prioritize health and safety more than ever.
workplace technology

Pandemic spurs case for workplace technology

Workplace technology like occupancy analytics will take on greater relevance as facilities strive to become more productive and healthy.
COVID-19's black swan prompts rollout of business continuity and recovery plans

Black swan triggers business continuity plans

Commercial real estate operators are seeking advice across a wide spectrum of expertise as they deploy their crisis management, business continuity and recovery plans.
ergonomic lighting

COVID-19 ripples through to commercial leasing

Landlords and tenants are continuing to move lease transactions forward in anticipation of a return to business as usual in the near future.
workplace trends

Workplace trends impacting office design

Major workplace trends are creating the impetus for more sustainable, adaptable and productive places of employment.