Management
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 Property Management
Human capital elusive for real estate employers
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.
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.
Canadian Apartment Magazine
Toronto’s legacy of inclusive city-building
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.
Canadian Property Management
Office building values still trending downward
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.
Canadian Facility Management & Design
Archival preservation facility is a net-zero first
Library and Archives Canada’s new preservation storage facility opened as the first net-zero carbon archival centre in the Americas,
Canadian Apartment Magazine
Multifamily asset values hold steady
Multifamily asset values appear to be holding steady, but transaction volume plummeted in the first quarter of 2023.
CondoBusiness
Tornado research uncovers risks for homeowners
Canada’s tornado risk is more widespread than once thought, according to a growing body of research that, for the first time, tracks the occurrence and aftermath facing property owners across the country.
Canadian Property Management
Ontario offers bonus incentives for retrofits
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.
Canadian Property Management
Sustainable finance products forge way to 2050
Sustainable finance products, are expected to increasingly come into play as building owners/managers pursue decarbonization and look to bolster the climate resiliency of their properties.
Canadian Facility Management & Design
Women execs in FM share recruitment insight
A discussion earlier this year gleaned perspectives from women executives on how they promote the FM industry.
Canadian Property Management
REITs unexpectedly tapped for new tax measure
Advocates for the Canadian commercial real estate industry are asking the federal finance department to clarify why real estate investment trusts have been included in a pending new tax measure.
Canadian Apartment Magazine
Investing in the greater good
As the world seeks to eliminate harmful emissions that contribute to the climate crisis, the known benefits of decarbonization are piling up.