Asset Management
Canadian Facility Management & Design
Modest spending outlay for federal portfolio
The Canadian government expects to spend nearly $93 million to offset energy-related greenhouse gas emissions in its own portfolio, but $77.9 million of that is slated for unspecified “future years”.
Canadian Property Management
Deal begets BGO Strategic Capital Partners
BentallGreenOak has acquired Metropolitan Real Estate Equity Management from the Carlyle Group.
Canadian Property Management
New office supply poses backfill challenges
An influx of new office supply was always expected to shake up the status quo in the downtown Toronto market given that approximately two-thirds of the 8+ million square feet of space currently under construction is already preleased.
Canadian Property Management
Climate risk infuses investment agendas
Canadian commercial real estate assets are comparatively less exposed to the dire physical threats that extreme weather poses or has already served up in other global regions.
Canadian Property Management
COVID-19 clips 2020 investment performance
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.
Canadian Apartment Magazine
Multifamily assets surpass 2020 index average
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.
Canadian Property Management
Green financing framework steers Allied issuance
Proceeds from this and future green offerings will be applied to financing or refinancing four categories of assets to be known as eligible green projects.
Canadian Property Management
Investment confidence awaits vaccine boost
A surging second wave of COVID-19 tempered investment confidence in commercial real estate during the fourth quarter of 2020.
Canadian Property Management
Cracking through entrenched social inequities
Commercial real estate investors, owners and managers are acknowledging that entrenched social inequities undermine their workforces, their tenants and the value of their portfolios.
Canadian Property Management
Nexus REIT to acquire eight industrial buildings
Upon completion of the two new deals, 67 per cent of Nexus REIT’s net rental income will be derived from its industrial holdings — a jump from 61 per cent currently.
Canadian Property Management
Canadian asset managers among global 150 largest
Brookfield Asset Management sits far atop the field in IPE Real Assets’ 2020 rankings of the world’s 150 largest real estate investment managers.
Canadian Apartment Magazine
Multifamily energy performance typically vexing
Multifamily and industrial properties are routinely lumped together as favoured investment assets, but asset managers face divergent degrees of difficulty when they seek to mine value from energy performance.
Canadian Property Management
GRESB adjusts 2020 path to the stars
More than 50 per cent of participating Canadian portfolios were grouped in the top two brackets of results, with 11 earning 5-star status and six attaining a 4-star rating.
Canadian Property Management
Grocery-anchored retail deemed a best buy
Beyond stores selling essential goods, bricks-and-mortar retail is reeling from COVID-19-triggered public health controls and watching its already gaining competition grow even faster than projected.
Canadian Property Management
GRESB swaps GBCI umbrella for B-Corp status
The global benchmark for ESG performance of commercial real estate portfolios and infrastructure investments has reacquired its independence and established a non-profit foundation to oversee standards development.
Canadian Property Management
Commercial office watchwords attuned to COVID
Market analysts typify a second quarter uptick in downtown sublet activity as a spurt, not a glut. However, they project the trend is likely to continue.
Canadian Property Management
Investors express interest in seeking new deals
Pension funds and life insurance companies appeared most anxious to get back into the game, with more than 50 per cent of reporting they were pursuing acquisitions.
