Properties
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.
A fine-tune for effective benchmarking
The 2021 versions of REALPAC's normalization methodologies for calculating energy- and water-use intensity address issues arising from the COVID-19 pandemic and lower occupant densities in office buildings.
CERS uptake falls short of potential
Removing landlords from the application process hasn’t necessarily made the Canada Emergency Rent Subsidy (CERS) more accessible for commercial tenants experiencing pandemic-related financial stress.
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.
Manulife is raising standards in real estate
Enhancing cleaning, disinfection, and communication is critically important within real estate at a time when health and safety is top of mind.
ASHRAE updates healthcare facility ventilation standard
The 2021 edition delivers critical guidance for designers and operators of these frontline facilities and incorporates 17 changes to the standard.
Light industrial set for heavy property tax hit
Economic fallout from COVID-19 is shifting more of the tax burden to this flourishing group of assets via the mill rate, while also driving up the tax rate, for a double-whammy of consequences in jurisdictions that update valuations annually.
How to optimize building technology management
Leveraging appropriate service technology and integrated service tools can ensure buildings are safe and properly maintained.
How schools are boosting air quality measures
The report found that schools have prioritized ventilation and filtration to reduce the transmission of the virus.
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.
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.
Vacant dwellings yield revenue gains for B.C.
Resident British Columbians own about 30 per cent of the properties subject to the speculation and vacancy tax, but account for just 6.6 per cent of collected revenue.
Office vacancy rates climb with Q4 sublets
Industrial availability tightened from the third quarter in eight of the 11 surveyed markets, ending the year at well below 2 per cent in Vancouver and Montreal and below 1 per cent in Toronto.
How to manage service providers remotely
One of COVID-19's major challenges has been maintaining or improving cleaning activities when the managers responsible are not on-site.