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Properties

Tech finds highly competitive options in Canada

Tech finds highly competitive options in Canada

Eight Canadian cities rank among the top 50 North American markets for fostering tech employment, with Toronto, Vancouver, Montreal, Ottawa, Waterloo Region and Calgary all placed in the top half of the list.
Trophy office towers widening gap from the pack

Trophy office towers widening gap from the pack

Trophy office towers could be anchored atop the market for the long term as the past decade’s wave of new building subsides and little further development is anticipated.
Office building values still trending downward

Office building values still trending downward

Appraisers generally expect office building values to keep slipping over the course of 2023 as a range of factors undermine cash flow, push up cap rates and make investors skittish.
Multifamily asset values hold steady

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

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

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.
Waste biomass generation tapped for tax credit

CRE awaits spinoffs of new provincial spending

Quebec and Ontario have announced investment incentives that could have implications for land deals and/or technologies and products that commercial real estate uses.
Department store drain continues

Department store drain continues

Nordstrom Canada’s sudden swoosh into the department store drain will leave empty anchor space in some of the country’s top-performing and most prestigious regional malls.
B.C. ponders commercial space for cannabis use

B.C. ponders commercial space for cannabis use

Newly released findings from British Columbia’s public consultation on cannabis lounges unsurprisingly confirm that recreational cannabis users are most likely to find the concept appealing.
Ottawa commercial landlords bid welcome

Ottawa commercial landlords bid welcome

Mona Fortier, President of the Treasury Board of Canada, confirms that public service employees will be expected to spend 40 to 60 per cent of their working hours in a formal office setting.
Lender confidence varies by CRE asset class

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.
Robust yields ongoing for industrial landlords

Robust yields ongoing for industrial landlords

Market analysts and asset managers express confidence that the industrial sector will be buoyant into the future despite current global economic uncertainty.
HVAC maintenance

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.
warehouse technology

Why smart warehouses make sense

Take your building management to the next level by using technology to manage inventory and optimize day-to-day processes.
Food-anchored retail tops CREinvestment menu

Food-anchored retail tops CRE investment menu

Food-anchored retail plazas remain a staple on the commercial real estate menu, again emerging as the preferred asset type in Altus Group’s survey of Canadian investment trends in Q2.
Q2 market trends follow familiar patterns

Q2 market trends follow familiar patterns

Midway through 2022, Colliers Canada pegs the national office vacancy rate at just below 13 per cent, while the national industrial vacancy rate sits 1,200 basis points lower.
Property tax relief looks iffy in New Brunswick

Property tax relief looks iffy in New Brunswick

Beginning in 2023, municipalities will have flexibility to pull more revenue from their non-residential tax base, potentially cancelling out a phased 15 per cent reduction in the provincial property tax rate that was introduced this year.