Asset Management
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.
Canadian Property Management
Climate action levers key amid competing crises
Strategists are pondering the most effective climate action levers to keep attention focused on reducing greenhouse gas emissions as other events and pressures commandeer priority-setting agendas.
Canadian Property Management
Receptive climate for risk management brewing
New guidance for CRE investors and owners/managers highlights climate-related risks, recommended safeguard measures and key questions for gauging the preparedness of assets.
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 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.
