Real Estate
CondoBusiness
New levy coming at Alberta land titles registry
A straightforward charge of $5 per $5,000 of value of transferred property and mortgage registration will come into effect to replace the current fee schedule for registering land titles.
Canadian Property Management
Real estate leadership team gels at Fengate
Fengate Asset Management’s real estate leadership team now includes Jaime McKenna, newly promoted to president, alongside Alison Kimmell and Colin Catherwood as new managing directors.
Canadian Property Management
All-male boards dwindling in real estate
In 2023, real estate made the best year-over-year progress in shedding all-male boards among the 11 industry sectors tracked in MSCI’s all-country world index (ACWI).
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
Professional workwear drive to aid CRE aspirants
Toronto-based women in commercial real estate are organizing the effort with an eye to the next generation of talent that the industry, and the economy in general, needs.
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
DEI progress harder to see in 2023 survey
A jump in participation makes progress harder to see in findings from the third global survey of diversity, equity and inclusion initiatives in the commercial real estate sector.
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.
Canadian Property Management
Year-end retail rents show little slippage
Retail rents rose or remained steady across most formats during the second half of 2023 with slippage confined to a few street-based, downtown shopping districts in large Canadian cities.
Canadian Property Management
Industrial supply influx loosens Q4 market
Last year brought 9.5 million square feet of positive absorption alongside the delivery of 34.4 million square feet of newly constructed industrial space across 13 Canadian markets.
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.
Canadian Property Management
Christina Iacoucci promoted to BGO Canada helm
Christina Iacoucci has been promoted to head of Canadian business at BentallGreenOak (BGO) and will also continue to serve as BGO’s chief investment officer in Canada.
Canadian Property Management
IREM backs women aspiring to career advancement
The IREM Foundation, the charitable arm of the Institute of Real Estate Management, is offering a 2024 scholarship to support women working towards professional certification.
REMI Network
Latinx real estate professionals to gather
Latinx real estate professionals can discuss career perspectives at an inaugural half-day forum sponsored by NAREIM, the U.S. National Association of Real Estate Investment Managers.
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.
Canadian Property Management
CRE gets peripheral standing on Manitoba council
Commercial real estate is relegated to peripheral standing on the newly struck 36-member Premier’s Business and Jobs Council, tasked with developing an economic strategy for Manitoba.
