Industrial
Canadian Property Management
GTA’s Q1 2021 investment sales surpass Q1 2020
Industrial assets and development land accounted for more than 50 per cent of investment sales value in Q1 2021 with trade activity in both sectors far outpacing deal-making in the pre-pandemic months of 2020.
Canadian Property Management
Nexus REIT bumping up industrial weighting
Nexus REIT has entered agreements to acquire five single-tenant industrial buildings, which would add 609,000 square feet of gross leasable area to its portfolio.
REMI Network
Ivanhoé Cambridge targets U.S. last-mile sites
Together, the two partners forming GID Industrial have 19 million square feet of industrial inventory in 15 American markets.
Canadian Property Management
Pace of office sublet activity slackens in Q1
Industrial space got even tighter in Canada’s largest commercial real estate markets during the first quarter of 2021, while office sublet activity continued, but at a slower pace than in Q4 2020.
Canadian Property Management
Fossil fuel fortunes burn Calgary
Reflecting on a year in which the pandemic unsettled market fundamentals to the east and to the west, Calgary-based analysts focus more on tangential circumstances than the COVID-19 outbreak itself.
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 Facility Management & Design
Ontario prepares mega-site inventory
Newmark Global Commercial Real Estate Services has been named to lead the selection process once the in-progress call for 500- to 1,500-acre mega-sites closes on July 31.
Canadian Property Management
Oxford to bolster European logistics holdings
The deal will bring M7 Real Estate’s portfolio of €4 billion (CAD $6.16 billion) in assets under management across 14 countries to Oxford Properties' platform.
Canadian Property Management
Halifax records positive absorption downtown
As of December 2020, Turner, Drake and Partners Ltd. pegs the vacancy rate at 14 per cent across 12.2 million square feet of office space in eight submarkets.
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
Office vacancy rates climb with Q4 sublets
Industrial availability tightened from the third quarter in eight of the 11 surveyed markets, ending the year at well below 2 per cent in Vancouver and Montreal and below 1 per cent in Toronto.
Canadian Property Management
Bond rate signals to institutional investors
A 100 basis point slide in the 10-year Canada bond rate over the course of the COVID-19 pandemic contributes to real estate’s continuing allure for institutional investors.
Canadian Property Management
Toronto and Vancouver outdo most U.S. markets
Canada has a numerically slight presence with disproportionate weight in Lee & Associates’ newly released third quarter commercial real estate results.
Canadian Facility Management & Design
Amazon turns to Winnipeg’s last mile
The 113,000-square-foot delivery station, slated for 2021 completion, will be the company’s first distribution hub in Manitoba.
Canadian Facility Management & Design
Slim prospects for industrial space seekers
Toronto records North America's lowest industrial availability rate, while Montreal and Vancouver also boast rates below 3 per cent coming out of the third quarter of 2020.
Canadian Property Management
No lockdown on GTA development land sales
Demand for housing and warehouse/distribution facilities drove transactions, keeping April-to-August sales volume largely on par with the same period in 2019.
Canadian Facility Management & Design
Oxford warms to cold storage sector
The CAD $475 million investment aligns the Canadian pension fund with the largest global player in cold storage logistics as momentum builds for digital commerce in grocery retailing.
