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Real Estate

Michelle Brown promoted to lead BGO Properties

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.
Clinically fit space on the leasing agenda

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.
New tax credits on CRE's U.S. election wish list

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.
Canada aims to foster decarbonization capital

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.
Investigators seek input on property controls

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 GRESB participation up again in 2024

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.
Slate Asset Management sheds office holdings

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.
CDPQ to back decarbonization fund for U.S. CRE

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.
New supply pads office and industrial inventory

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.
Fastidious work lies ahead of AI advancement

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.
Canada highly transparent for CRE investors

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.
Real estate underperforms in pension fund mix

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.
UK looks to investor role models in Canada

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.
Canada's share of global CRE value nudges up

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.
OSCRE sets principles for AI in data management

Canadian Property Management

OSCRE sets principles for AI in data management

The Open Standards Consortium for Real Estate underscores AI's potential to advance data management capabilities, provided it is grounded in an ethical, standardized, industry-approved approach.
New green buildings strategy mostly a rehash

Canadian Property Management

New green buildings strategy mostly a rehash

The Canadian government’s newly released green buildings strategy contains little that is actually new for commercial real estate or public sector facilities.
Interest rate cut emits positive signal for CRE

Canadian Property Management

Interest rate cut emits positive signal for CRE

Practical impacts on the cost of debt aren’t expected to flow through to the market for a few more months, but economists suggest the apparent momentum of falling rates should provide a psychological lift for investors.