REMI

Paul Morassutti

Capital gains tax adjustment unnerves CRE

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.
Multifamily remains favoured investment asset

Canadian Apartment Magazine

Multifamily remains favoured investment asset

Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.
Paul Morassutti appointed CBRE Canada chairman

Canadian Property Management

Paul Morassutti appointed CBRE Canada chairman

A member of CBRE’s executive management committee, Morassutti has most recently served as head of the firm's valuation and advisory services.
Robust yields ongoing for industrial landlords

Canadian Property Management

Robust yields ongoing for industrial landlords

Market analysts and asset managers express confidence that the industrial sector will be buoyant into the future despite current global economic uncertainty.
Canada excelling at fostering tech talent

Canadian Property Management

Canada excelling at fostering tech talent

Eight Canadian urban centres rank in CBRE’s newly released analysis of the top 50 North American markets for fostering tech talent and related economic growth.
Business case assumptions evolve alongside ESG

Canadian Property Management

Business case assumptions evolve alongside ESG

Investors and lenders are expected to increasingly focus on the physical and transitional risks of climate change, in turn upending some conventional views of costs and value.
Blame tactics scapegoat multifamily investors

Canadian Apartment Magazine

Blame tactics scapegoat multifamily investors

Policy makers could could further undermine rental housing supply and affordability prospects if market interventions divert institutional capital elsewhere.
Purpose-built rental pro formas under pressure

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.
Investors avidly pursuing industrial properties

Canadian Property Management

Investors avidly pursuing industrial properties

Market analysts anticipate more capital flowing into the sector as vacancies tighten and rental rates rise, and they warn that available space is nearing depletion in Vancouver, Toronto and Montreal if leasing continues at the recent pace.
New office supply poses backfill challenges

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.
Climate risk infuses real estate investment agendas

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.
Life sciences growth potential flagged

Canadian Facility Management & Design

Life sciences growth potential flagged

Real estate analysts point to burgeoning momentum in Canada’s strong research institutions, increasing calls for domestic production capacity and the STEM job creation engine.
Canada's tech talent hubs are riding a wave of nationwide job growth since 2014

Canadian Property Management

Five-year gains buttress tech talent hubs

Nearly 900,000 workers in technology sector positions comprise about 5.6 per cent of the Canadian labour force and are making their presence felt in the real estate markets of large and mid-sized cities alike.
Office vacancies increase in all major Canadian markets during the third quarter of 2020

Canadian Property Management

Office vacancies on par with recessionary events

Canada-wide, CBRE pegs the total office vacancy rate at 12 per cent across the nine major markets it surveys, ranging from a low of 5.4 per cent in Vancouver to nearly 26 per cent in Calgary.
Lawrence Heights

Canadian Property Management

Investment deal resumption foreseen for Q3

Static cap rates reflect limited transactions in the second quarter of 2020, but commercial real estate analysts express confidence that asset values are holding under COVID-19-related pressures.
Solid pre-pandemic fundamentals underpin Canadian real estate market

Canadian Property Management

Solid pre-pandemic fundamentals buttress market

Thus far, in most markets, there’s been no spurt of office sublets or rent discounts that conventionally signify an economic downturn, but there has been a flurry of conjecture about the forces COVID-19 may have unleashed.
significant turbulence upends first quarter results

Canadian Property Management

Significant turbulence upends Q1 outcomes

Office landlords could be focused on issues around rent deferrals and mechanisms for payment support well into Q2, while social distancing imperatives have accentuated somewhat diametrical trajectories for industrial and retail properties.