Asset Management
Sustained industrial rent growth foreseen
Investors are expressing confidence in sustained industrial rent growth, as new supply is not expected to catch up with rampant demand any time soon.
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.
Updated model green lease attuned to the 2020s
REALPAC’s newly updated model green lease for Canadian office buildings introduces measures aligned with the broadening demand for ESG reporting and performance outcomes.
Climate change and ESG pervade CRE projections
Climate change is more ominous than the spectre of regulations and taxes for a small majority of commercial real estate leaders responding to REALPAC’s recent survey of their expectations for the next decade.
Stricken asset classes now shaking off COVID
Office and retail were diagnosed as stricken asset classes early in the pandemic, but after 20 months on the disabled list, conventional venues for labour and shopping are rallying to fight for market share.
Rare decisions have acute carbon consequences
Daily vigilance is central to achieving operational energy savings, but rare decisions typically have the most acute carbon consequences in buildings.
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.
Canadian hotels await post-pandemic recovery
Canadian hotels still aren’t making the Dean’s list for investment performance, but market analysts appear confident that rallying conditions are pushing the sector in a positive direction.
Civic building inventory lags on capital repair
Ontario’s civic building inventory has fallen the farthest behind on capital repair among seven categories of municipal infrastructure assets scrutinized in a newly released report from the Financial Accountability Office of Ontario.
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.
Investors avidly pursuing industrial properties
Market analysts anticipate more capital flowing into the sector as vacancies tighten and rental rates rise, and they warn that available space is nearing depletion in Vancouver, Toronto and Montreal if leasing continues at the recent pace.
Cold storage gathers investment steam
Cold storage facilities are flagged to deliver robust returns to investors due to the evolution of food retailing, demand for vaccines and other pharmaceuticals, and the thriving outlook for the warehouse/distribution and logistics sector in general.
Securities regulators scrutinize ESG investing
Securities regulators wish to confirm that the representations registrants are making about the incorporation of ESG principles in their investment decision-making processes are consistent with their actual policies and procedures.
Pandemic propels healthy building momentum
COVID-19 has intensified pressure to support physical, social and emotional well-being within the built environment, but many investors, owners and managers were already embracing healthy building principles ahead of pandemic-triggered challenges.
Fossil fuel fortunes burn Calgary
Reflecting on a year in which the pandemic unsettled market fundamentals to the east and to the west, Calgary-based analysts focus more on tangential circumstances than the COVID-19 outbreak itself.
New office supply poses backfill challenges
An influx of new office supply was always expected to shake up the status quo in the downtown Toronto market given that approximately two-thirds of the 8+ million square feet of space currently under construction is already preleased.
Climate risk infuses investment agendas
Canadian commercial real estate assets are comparatively less exposed to the dire physical threats that extreme weather poses or has already served up in other global regions.