Development
Canadian Property Management
Rising interest rates alter slant on CRE values
Rising interest rates have Canadian commercial real estate players adjusting their expectations about cap rates and internal rates of return.
Canadian Property Management
Almadev brings dual meaning to Elad rebrand
Elad Canada is now known as Almadev, a name chosen to signify the company's development and asset management pursuits.
Canadian Facility Management & Design
Ottawa sees revived proposal for downtown arena
In keeping with the team’s rebuild, the Ottawa Senators are bringing a new roster of development players to this revived proposal for a major downtown sports facility.
CondoBusiness
Special assessments foreseen as CPI rises
Coming out of an extended period of low inflation, many condo boards will confront reserve fund shortfalls as the consumer price index now pushes up toward 7 per cent.
REMI Network
New designs for Frank Gehry’s 73-storey Forma
New renderings were revealed for Frank Gehry’s first residential tower in Canada and what will become his tallest building in the world.
Canadian Property Management
Development land opens near Edmonton airport
The Alberta government has filed a regulation to trim the buffer zone around the airport by 30 per cent, citing aircraft technology advancements that make previous assumptions about noise exposures outdated.
Canadian Property Management
Industrial condos promised for tight GTA market
Nicola Wealth Real Estate and First Gulf have jointly acquired a 13.4-acre site near Highway 403 in Oakville with plans for a series of small bay industrial condo buildings..
Construction Business
Rize Properties launches Hovercraft Builders
Rize Properties has launched Hovercraft Builders, a standalone, full-service construction division to bring it expertise to market.
Canadian Property Management
Ontario mulls its site redevelopment potential
A centralized agency will be tasked with identifying provincially owned sites with redevelopment potential, placing a priority on new uses that align with infrastructure initiatives.
Canadian Facility Management & Design
Subsidy to ease industrial site approval costs
Industrial land owners in Ontario could qualify for up to $25,000 to reimburse 50 per cent of the costs of municipal and provincial planning and environmental studies.
Canadian Apartment Magazine
Purpose-built rental pro formas under pressure
Developers are facing escalating material costs, supply chain disruptions and labour shortages in step with climbing vacancies and falling rental rates that were not contemplated 18 months ago.
Canadian Property Management
CPP’s Peter Ballon appointed ULI global chair
Ballon's two-year voluntary term coincides with the rollout of the Urban Land Institute's three priority missions to position the built environment for a low-carbon and inclusive future.
Canadian Apartment Magazine
Australia awaits institutional-grade multifamily
Oxford Properties is targeting opportunities to pump up Australia’s institutional-grade multifamily inventory and capture renters locked out of the booming housing markets in Sydney and Melbourne.
Canadian Property Management
Deal makers might avoid needless FOI requests
A proposed digital channel for submitting property-related information requests to Ontario's Ministry of the Environment would offer an alternative to the current paper-based submission of Freedom of Information requests.
Canadian Property Management
Ontario doubles tax credit in tertiary markets
Canadian-controlled private corporations are eligible for refundable tax credits of up to $90,000 for building investments in southwest, eastern and northern Ontario.
Canadian Facility Management & Design
Northwest Ontario inmates await needed space
Work will soon be underway to ease overcrowding at two Northwest Ontario correctional facilities in the interim before a planned new 325-inmate complex is built in the region.
Canadian Facility Management & Design
Canadian students in design competition finals
This year, 105 teams from 61 universities in Canada, the United States and Singapore took up the challenge to forge a mixed-use, mixed-income scheme for the East Village neighbourhood in downtown Kansas City, Missouri.
