Asset Management
Canadian Property Management
Resilience still lacks climate action profile
Climate change adaptation measures are typically viewed as risk management rather than levers for investment returns, but they are inherently linked to building and portfolio value.
CondoBusiness
Considerations for deferring capital project work
The industry panel discussed what capital repairs and replacement costs could potentially be deferred by prolonging the life of various building components and what professional resources to seek for guidance.
Canadian Facility Management & Design
Tenant lounge reborn from vacant retail space
A former convenience store, adjacent to the lobby inside a downtown Toronto office tower, has been transformed into a private 1920s-style Art Deco lounge for tenant meetings and events.
CondoBusiness
WELL evolves into residential communities
Minto Communities is the first developer in Canada to pilot the WELL for residential program, which sets out to create healthier homes.
Canadian Facility Management & Design
Canada far from meeting accessibility goals
Federally-regulated organizations will need to prioritize specific actions that advance accessibility and disability inclusion by 2040.
Canadian Facility Management & Design
State of good repair lags in City of Toronto
Toronto is backsliding on the upkeep of municipal facilities, with a state of good repair backlog that’s projected to surpass $1 billion this year and then continue accumulating to nearly $1.47 billion by 2033.
Canadian Property Management
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.
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.