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.

Distressed asset sales were a nominal and relatively consistent fraction of the Canadian commercial investment property market in the first half of 2023.

Manitobans are hearing promises aplenty as political parties offer up tax cuts, rate freezes and incentive programs ahead of the provincial election, set for October 3.

The recent regulation to postpone Ontario's property reassessment for another year stretches the assessment cycle to double its originally intended time span.

Commercial properties are central to Toronto’s efforts to find more cash as the city government considers how to address massive budget shortfalls projected for 2024 and into the future.

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.

How can a property manager or board member understand what steps to take when enforcing the governing documents?

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.

Rent growth continues to accelerate in Canada’s apartment market as the economy outperforms expectations and demand exceeds new supply.

Employers are pressed to fill new kinds of positions and to bolster tech savviness throughout their organizations, while facing labour shortages and a highly competitive market for certain skills.

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.

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.

Over the next three months, Canderel will begin rolling out a workplace hospitality program called Okkto across its buildings.

As the city of Toronto accelerates efforts to address housing affordability, inclusivity and the barriers inhibiting rapid housing development were top of mind at the Urban Land Institute’s Spring Meeting.

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 appear to be holding steady, but transaction volume plummeted in the first quarter of 2023.

Bonus incentives for energy efficiency upgrades will be available to select commercial and multifamily landlords and condominium corporations in Ontario during the second and third quarters of 2023.