Asset Management
Canadian Property Management
Building electrification projects impart lessons
The business case for electrification works best when retrofits are synced with the end-of-life of existing mechanical equipment and/or asset repositioning plans
Canadian Apartment Magazine
Uncertainty leads to rising costs
The biggest challenge for many real estate owners in 2024 will be finding affordable insurance coverage to protect their buildings.
Canadian Property Management
Climate action levers key amid competing crises
Strategists are pondering the most effective climate action levers to keep attention focused on reducing greenhouse gas emissions as other events and pressures commandeer priority-setting agendas.
Canadian Facility Management & Design
New standards for sustainable material use
A new set of standards defines minimum sustainability criteria for high-volume materials used in architecture and interior projects.
Canadian Apartment Magazine
Conversion momentum draws on combo of drivers
Replicating Calgary’s nascent office-to-residential conversion momentum in other markets will likely depend on the same combination of weak office values, strong housing demand and generous incentives.
Canadian Property Management
Distressed asset sales remain a steady fraction
Distressed asset sales were a nominal and relatively consistent fraction of the Canadian commercial investment property market in the first half of 2023.
Canadian Property Management
Receptive climate for risk management brewing
New guidance for CRE investors and owners/managers highlights climate-related risks, recommended safeguard measures and key questions for gauging the preparedness of assets.
CondoBusiness
Condo managers breaking gender stereotypes
The underrepresentation of women is a prevailing narrative across the traditionally male-dominated building sector, but the world of condo management tells another story.
Canadian Facility Management & Design
Workplace macro trends facing facility managers
The tension between employees’ desire to work fluidly and the need for predictability within a business is a key factor affecting workplaces around the world.
Canadian Facility Management & Design
CRE industry reveals data-driven demands
Canada’s top commercial real estate players have identified the growing importance of visualizing indoor building activities in real time as the use of space becomes less predictable and tenant needs evolve.
CondoBusiness
Legal implications of AI in condo management
AI in condominium property management can have several legal implications, depending on how it is implemented and used. Here are some important legal considerations:
Canadian Property Management
Climate change adaptation efforts unfolding
Canada’s newly finalized climate change adaptation strategy sets out objectives and attaches mid- to near-term targets to bolster resilience in five key action areas.
Canadian Apartment Magazine
Office conversion prospects judged challenging
Viable conversion candidates must begin with a basic structural prerequisite, but construction costs, location, surrounding amenities and assumptions about future office values all influence the business case.
Canadian Property Management
Range of CRE stakeholders demand ESG metrics
Canada’s leading commercial real estate players are increasingly turning to ESG metrics to track responsiveness to a range of emerging risks and business imperatives.
CondoBusiness
Actuaries garner new insight into condo finances
The Canadian Institute of Actuaries’ latest insight statement on the longevity of condo infrastructure explores several risks.
Canadian Property Management
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.
Canadian Facility Management & Design
Hospitality program transforms office portfolio
Over the next three months, Canderel will begin rolling out a workplace hospitality program called Okkto across its buildings.