Asset Management
Canadian Property Management
Lenders exhibit decarbonization disconnect
Canadian lenders may be reassessing the urgency of decarbonization, but they still express enthusiasm for the sustainable assets and impact investments that appear to be losing cachet in the United States.
Canadian Facility Management & Design
Ski resort offered in NL’s asset sell-off
The government of Newfoundland and Labrador has issued a request for proposals (RFP) for the Marble Mountain Ski Resort, as part of an effort to divest non-core provincial assets.
Canadian Property Management
Classic portfolio management set for comeback
Retail was the best performing asset type in 2024 for institutional investors represented in the MSCI/REALPAC Canada Property Index, but all property sectors showed year-over-year improvement.
Canadian Property Management
Tariff chill could put CRE investment on ice
Tariff chill pervades the investment climate throughout Canada’s economy this winter, but commercial real estate insiders are tallying some reasons to be optimistic.
Canadian Property Management
Sustainable proptech gaining momentum
An expanding roster of tech companies aligned with the sustainable and smart buildings market reflects growing demand from end-users and draws support from increasingly enthusiastic investors.
Facility Cleaning & Maintenance
The role of BIM in enhancing facility management efficiency
BIM (Building Information Modelling) is well known for its application in the architecture, engineering, and construction sectors, however, this technology is making waves in other
Canadian Property Management
Commercial loans exempt from pending controls
New regulations clarify that most commercial loans are exempt from the Canadian government's more stringent definition of criminal interest, which will come into force in 2025.
Canadian Apartment Magazine
Promise of safe haven woos foreign investors
Foreign investors contemplating Canada’s multifamily market may see more theoretical than actual opportunity, given the current scarcity of available product.
Canadian Property Management
Capital gains tax adjustment unnerves CRE
The jump in the capital gains inclusion rate is expected to have an immediate impact on property sales, while being factored into longer term asset management and investment decisions.
REMI Network
Ukraine’s rebuilding efforts on Canada’s agenda
Canada has committed $216 million over five years to support Ukraine’s rebuilding efforts and is also exploring ways that reachable Russian assets might be cashed out to further that purpose.
Canadian Facility Management & Design
Funds pledged for community and federal assets
The 2024 federal budget tops up funding for municipal and community-based public facilities, and announces planned spending on key assets in the government's own portfolio.
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.
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
New multifamily asset management department launches in US
US Housing Consultants has launched a new multifamily asset management department that will offer services such as capital needs assessments and energy audits.
Canadian Property Management
Ontario Teachers’ name new real estate leader
Pierre Cherki will take leadership of global real estate investment for Ontario Teachers’ Pension Plan when its new in-house asset management group launches early next year.