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.

For employees transitioning daily between different workstations, management may want to standardize equipment so employees can easily learn how to adjust equipment and not have to relearn each workstation type.

Construction is officially underway on what will be Ontario's first mixed-use, purpose-built Indigenous hub in the West Don Lands of Toronto.

Indigenous communities across Canada continue to be sidelined or completely excluded from initial planning phases of new developments and renovations.

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.

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.

Facility managers are no longer viewed as a back-office function, but rather “a strategic instrument to attract and retain talent and create a great experience,”

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.

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.

FM leaders reveal the obstacles they overcame to attain their higher-level positions and how future professionals can follow suit.ƒƒ

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.

Facility managers require resources to accomplish tasks, but other departments within the organization need the same and limited resources.

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.

Ultimately, the hybrid office will have at its heart a planning principle based on people rotating in and out of the office, with flexible schedules they have more control over than ever.

Facility owners and managers must rethink the demands of existing operations and systems to deal with rapidly fluctuating capacity.

Crafted into a mix of interconnected brick buildings circa 1970, Niagara Welland Commons brings natural light to a decades-old campus.

BOMA Canada hosted its annual—and first ever virtual—National Awards Gala on October 29, 2020, marking another year for the CRE industry.