Real Estate
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.
Canadian Property Management
Ontario Teachers’ name new real estate leader
Pierre Cherki will take leadership of global real estate investment for Ontario Teachers’ Pension Plan when its new in-house asset management group launches early next year.
Canadian Property Management
Ontario to wrest realty functions from agencies
The Ontario government is moving to wrest realty functions from 10 provincial agencies, including the administrator of the health care system, the manager of Algonquin park, major museums and convention centres.
Canadian Property Management
Generative AI poised to realign CRE status quo
Emerging generative AI applications could realign the status quo within commercial real estate’s property administration, brokerage and investment management services.
Canadian Property Management
Canada praised as GRESB benchmark leader
National averages aren’t revealed in the recently released 2023 global results, but Canada's high ranking among 75 participating countries was confirmed during an online discussion of trends underpinning the numbers.
