Real Estate
Canadian Facility Management & Design
More Ontario agencies to drop realty functions
The Ontario government is continuing to centralize realty functions within the Ministry of Infrastructure, with 12 additional provincial agencies now tapped to hand over their autonomy.
Canadian Property Management
BGO appoints Canadian chief investment officer
Simon Holmes has been appointed BGO’s chief investment officer in Canada and chair of the company’s Canadian investment management committee.
REMI Network
Real estate software business under investigation
The Competition Bureau obtained a court order to gather information and advance an ongoing investigation into alleged anti-competitive conduct.
Canadian Property Management
Michelle Brown promoted to lead BGO Properties
Michelle Brown has been promoted to the helm of BGO Properties, tasked with overseeing Canadian third-party real estate management.
Canadian Property Management
Clinically fit space on the leasing agenda
A small but noteworthy cohort of tenants will be leasing specialized space as the Ontario government moves toward granting licences for new independently operated surgical and diagnostic clinics.
Canadian Property Management
New tax credits on CRE’s U.S. election wish list
New tax credits for investments in energy efficiency and office-to-residential conversions are on the wish list for commercial real estate ahead of the United States election.
Canadian Property Management
Canada aims to foster decarbonization capital
The Canadian government promotes a standardized approach for categorizing sustainable investment and verifying its credibility for market participants.
Canadian Facility Management & Design
Investigators seek input on property controls
The Competition Bureau is continuing to examine the use of exclusivity clauses and land covenants in Canadian grocery retailing via a newly issued call-out for input from the real estate sector.
Canadian Property Management
Canadian GRESB participation up again in 2024
Canadian participation in the GRESB global assessment and benchmark for the ESG performance of commercial real estate portfolios grew in step with worldwide trends in 2024.
Canadian Property Management
Slate Asset Management sheds office holdings
Slate Asset Management will sell its interest in an 11-building office portfolio located in midtown Toronto and Ottawa, in keeping with a sharpened focus on what it defines as “essential” real estate.
REMI Network
CDPQ to back decarbonization fund for U.S. CRE
Caisse de dépôt et placement du Québec and Nuveen Green Capital have launched a USD $600-million fund to finance decarbonization and resiliency projects in U.S.-based commercial real estate.
Canadian Property Management
New supply pads office and industrial inventory
More than 5.7 million square feet of office space and nearly 21 million square feet of industrial space have been newly delivered to the national market during the the first three quarters of 2024.
Canadian Property Management
Fastidious work lies ahead of AI advancement
Early adopters and enthusiasts in the commercial real estate industry cite AI's possibilities for portfolio management, risk management, valuation and assessing investment performance.
Canadian Property Management
Canada highly transparent for CRE investors
Canada is ranked fifth among 89 countries and deemed to be highly transparent in JLL’s biennial survey of openness, integrity and credibility in global real estate markets.
Canadian Property Management
Real estate underperforms in pension fund mix
The real estate asset class is currently taking its turn as the underperforming piece in large Canadian pension funds' diversified mix of holdings.
Canadian Property Management
UK looks to investor role models in Canada
Canada’s largest pension funds have been identified as investor role models as the new government of the United Kingdom looks to catalyze economic growth.
Canadian Property Management
Canada’s share of global CRE value nudges up
Global investment property transaction volume dropped by 48 per cent last year, but deal-makers appeared somewhat more amenable in Canada, which posted one of the highest turnover ratios.
