World Views
Construction Business
New council formed to combat labour crisis
A new Skilled Trades Advisory Council (STAC) has been formed to combat the crisis facing skilled labour in the U.S. and Canada.
REMI Network
Industry pact supports upskilling amid green building transition
An industry pact focuses on continuing education among building operations and maintenance workers in the EU as demand for sustainable operations accelerates.
REMI Network
Delinquent loans mount on U.S. office assets
DBRS Morningstar’s recently released status report on commercial mortgage-backed securities counts July as the fourth consecutive month with rising delinquency rates.
Canadian Property Management
Canada shares in real estate’s global value dip
The global value of professionally managed real estate fell by 4.1 per cent last year relative to 2021, representing a USD $600 billion year-over-year drop.
Canadian Facility Management & Design
Smart lighting market poised for bright future
The global market for smart lighting is projected to reach USD $45 billion in sales by 2028, representing a compound annual growth rate of more than 20 per cent over the next five years.
REMI Network
CRE loan books undergo U.S. Fed stress test
Through a recent stress testing exercise, the U.S. Federal Reserve determined that potential losses on commercial real estate loans pose the second highest risk for lenders after credit cards.
Canadian Property Management
World Refrigeration Day touts cool cachet
World Refrigeration Day, marked annually on June 26, recognizes the contribution that refrigeration and air conditioning make to global productivity, health and safety.
Canadian Apartment Magazine
Altman Companies launches affordable housing division
U.S. real estate developer The Altman Companies announced it has launched a new division focused on creating affordable and workforce housing.
REMI Network
USGBC bell-ringers signal green capital momentum
The New York Stock Exchange recognized three decades of green building momentum across the United States and its capital markets as the U.S. Green Building Council opened the day’s trading on June 8.
REMI Network
French tax administrator collects property info
Residential property owners in France have until June 30 to register with the national tax administrator, after which they’ll be a liable for a fine of €150 (CAD $220.50) per unreported dwelling unit.
REMI Network
Data centre hubs grow in scale and number
More than half of hyperscale sites worldwide are located in the United States, but Canada is among nine other countries where JLL analysts identify a development surge underway.
REMI Network
Global heat pump sales gain momentum in 2022
The International Energy Agency (IEA) is reporting 11 per cent growth in global heat pump sales last year, with much of that momentum centred in Europe.
REMI Network
Black Real Estate Roundtable meets in Atlanta
Delegates to NAREIM’s second annual Black Real Estate Roundtable, representing more than 40 major U.S. investment management firms, discussed career experiences and strategies.
Construction Business
Global accelerator to advance B.C. cleantech firm
Kelowna-based company chosen for the 2023 cohort of the Imagine H2O accelerator program, gaining access to a worldwide network of business development advisors and potential investors.
REMI Network
U.K. to fund energy upgrades for public pools
A £63 million (CAD $104.5 million) special one-year fund for energy upgrades to public swimming pool facilities has been announced in the United Kingdom's 2023 budget.
Canadian Property Management
PSP Investments to acquire digital infrastructure
The USD $3-billion deal will take Radius Global Infrastructure, a multinational aggregator and owner of properties leased to wireless communications operators, private.
REMI Network
Helsinki seeks bids on iconic heritage building
Designed by the acclaimed Finnish architect, Gustaf Nyström, the Old Customs House is considered an exemplar of late 19th century architecture and Helsinki's cultural heritage.