Office
Canadian Facility Management & Design
Tenant lounge reborn from vacant retail space
A former convenience store, adjacent to the lobby inside a downtown Toronto office tower, has been transformed into a private 1920s-style Art Deco lounge for tenant meetings and events.
Canadian Property Management
Exposure to U.S. office loans grows unsettling
Regional and mid-sized banks in the United States are considered most vulnerable to losses on commercial real estate loans, particularly those tied to that country’s shaky office sector.
Construction Business
CRE construction activity tops 5-year U.S average
Combined spending on office, industrial and retail construction projects dropped below 2022 levels in the U.S. last year, but still surpassed the five-year average for the period since 2019.
Canadian Property Management
Investment shopping list considered for 2024
As more vendors and purchasers are expected to come to the market this year, Avison Young's sentiment data shows retail, multifamily and industrial assets are sought, while office is tapped for divestment.
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
Vancouver boasts all round lowest vacancy rates
Vancouver enjoys North America’s strongest demand across all asset types, ending 2023 with the lowest vacancy rates for industrial, office, multifamily and retail properties among 63 major urban markets.
Canadian Property Management
RioCan REIT marks 30 years as public company
RioCan founder and chairman, Edward Sonshine, and other members of the senior leadership team ushered in the TSX trading day, January 19th, in celebration of the REIT's 30th anniversary.
REMI Network
Research uncovers risks of generational prejudice in the workplace
Beliefs about generational stereotypes create risks for organizations that rely on them for making talent decisions.
Canadian Property Management
National office vacancy rate continues to climb
Toronto was a major contributor to the rising national office vacancy rate in the fourth quarter of 2023, which ticked up to 18.3 per cent despite positive absorption in Calgary, Edmonton, Vancouver, Ottawa and Halifax.
REMI Network
Morguard to divest hotel portfolio
Morguard announced plans to sell a portfolio of 14 hotels located across Ontario and Nova Scotia.
Canadian Property Management
Office conversion eases Ottawa’s Class B woes
More than 300,000 square feet of Class B office space has been withdrawn from Ottawa's downtown inventory as two separate commercial landlords pursue plans to replace it with rental housing.
Canadian Property Management
SIOR central Canada names top brokers for 2023
SIOR, the Society of Industrial and Office Realtors, central Canada chapter has named brokers of the year for 2023, conveying honours in four categories.
REMI Network
Geary Factory Lofts to become corporate condo hub
The Geary Factory Lofts will feature raw floor plans of 800 to 15,000 square feet.
Canadian Property Management
Lenders set to curtail office exposure in 2024
Lenders generally expect to curtail office exposure while increasing overall allocations to Canadian real estate in 2024, findings from CBRE Canada's annual survey reveal.
Canadian Apartment Magazine
Toronto looks to Calgary’s conversion recipe
Toronto Council’s planning and housing committee has adopted a motion urging a closer look at the office-to-residential conversion incentives that Calgary offers.
Canadian Apartment Magazine
Conversion momentum draws on combo of drivers
Replicating Calgary’s nascent office-to-residential conversion momentum in other markets will likely depend on the same combination of weak office values, strong housing demand and generous incentives.
REMI Network
The Well transforms into hub for public art
At The Well, in the King West neighbourhood, passers-by will discover seven new art pieces on display, including some firsts in Canada.
