Apartment
Multiple failings uncovered in fatal fire probe
Beyond the UK, the report offers lessons for onlookers everywhere about slipshod diligence, inappropriately trained safety administrators and the possible risks of commercial pressures in certification processes.
Short-term rental registry stuck in manual
Toronto relies heavily on manual review processes for oversight of approximately 8,400 registrants currently approved to offer short-term rental accommodations in their principal residences.
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.
Vancouver boasts all round lowest vacancy rates
Vancouver enjoys North America’s strongest demand across all asset types, ending 2023 with the lowest vacancy rates for industrial, office, multifamily and retail properties among 63 major urban markets.
Multifamily asset values hold steady
Multifamily asset values appear to be holding steady, but transaction volume plummeted in the first quarter of 2023.
Ontario awaits patchy debut of discount power
Most condominium corporations and rental housing landlords will need to make capital investments in energy storage to realize the benefits of Ontario's ultra-low overnight electricity rate.
Cooling deemed key amenity for Ontario renters
Conceptually, the proposed rules establish air conditioning as a protected option that tenants cannot be prevented from obtaining rather than an essential that landlords would be compelled to supply.
Lender confidence varies by CRE asset class
Logistics warehouses, multifamily rental buildings, data centres and life sciences labs are tapped as favoured assets in CBRE Canada’s newly released survey of lenders' sentiment.
Preventative HVAC maintenance tips for fall
Fall HVAC maintenance allows you to look ahead to upcoming spring repairs, budget spending for upcoming expenditures, and keep your building in its best shape for the coming year.
Ukrainian evacuees arrive to housing scarcity
Newcomers will be confronting Canada’s affordable housing shortage, while also dealing with potential trauma, language barriers and the general culture shock of unfamiliar surroundings.
Multifamily rent slippage deemed temporary blip
Multifamily assets posted the largest year-over-year decline in net operating income among the four major sectors in the Canada Annual Property Index, while delivering a 7 per cent total return on investment for 2021.
Purpose-built rental pro formas under pressure
Developers are facing escalating material costs, supply chain disruptions and labour shortages in step with climbing vacancies and falling rental rates that were not contemplated 18 months ago.
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 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.
Toronto and Vancouver outdo most U.S. markets
Canada has a numerically slight presence with disproportionate weight in Lee & Associates’ newly released third quarter commercial real estate results.
COVID-19 confounds electricity system models
After scrambling to recalibrate their models in the early days of COVID-19-related shutdowns, analysts with Ontario's Independent Electricity System Operator faced more uncharted territory when the hot weather arrived.
Preference for multifamily assets signalled
Under COVID-19-induced pressure, investors, lenders and public markets are signalling a preference for multifamily assets. The asset class was the top attractor of investment dollars in Canada’s commercial real estate market during the first half of 2020.