Real Estate
REMI Network
Black Real Estate Roundtable meets in Atlanta
Delegates to NAREIM’s second annual Black Real Estate Roundtable, representing more than 40 major U.S. investment management firms, discussed career experiences and strategies.
Canadian Property Management
Inadvertent blocks on commercial deals lifted
Regulatory amendments to Canada’s Prohibition on the Purchase of Residential Property by Non-Canadians Act address inadvertent impacts on commercial transactions and property development.
Canadian Property Management
Bank failures make little dent in Canadian CRE
Just two of Canada's listed real estate companies count recently failed U.S. banks among their tenants, occupying a minimal fraction of their portfolios in both cases.
Canadian Facility Management & Design
Quebec’s school maintenance budget gets top-up
The newly released Quebec budget also promises $100 million over five years to allow post-secondary institutions to lease extra classroom space in commercial buildings.
Canadian Property Management
Dream to offer ESG-focused debt capital
Dream Unlimited Corp. will offer ESG-focused debt capital to the U.S. market through the launch of Avrio Real Estate Credit, in partnership with PaulsCorp LLC.
Canadian Property Management
Friendly rivalry serves up $60,000 donation
BentallGreenOak and Starlight Investments were co-organizers of the inaugural Real Estate Rally, a fundraising ping pong tournament for industry teams.
Canadian Property Management
First Capital resolves dispute with unit-holders
First Capital Real Estate Investment Trust has resolved a dispute with activist unit-holders, Sandpiper Group and Artis REIT, thus leaving its board unchallenged.
Canadian Property Management
PSP Investments to acquire digital infrastructure
The USD $3-billion deal will take Radius Global Infrastructure, a multinational aggregator and owner of properties leased to wireless communications operators, private.
CondoBusiness
Alberta to tackle land titles registry backlogs
Alberta will automate and digitize the provincial land titles registry in an effort to reduce the transaction backlogs that have been plaguing the paper-based system.
Canadian Property Management
New Brunswick revises disaster relief formula
New Brunswick properties will be flagged on the provincial land registry and denied further disaster relief once they’ve received $200,000 in assistance for any one type of natural incident.
Canadian Property Management
CPP names new global head of real assets
Maximilian Biagosch has been appointed global head of real assets for Canada Pension Plan Investment Board and will also continue to serve as CPP Investments' European head.
Canadian Facility Management & Design
DEI pilot targets CRE procurement channels
Seven prominent industry associations have formed the Commercial Real Estate Diverse Supplier (CREDS) Consortium to build connections with more minority- and women-owned businesses.
Canadian Property Management
Modest investment returns posted for 2022
Newly released 2022 annual results of the MSCI/REALPAC Canada Property Index peg the total return on standing real estate assets at 1.3 per cent.
Canadian Property Management
Key leadership change set for Allied Properties
Allied Properties REIT has announced the pending turnover of key leadership positions through its board renewal and succession plan.
Canadian Property Management
CRE’s professional profile hinges on retention
An uptick in women and people of colour in the junior and mid-level ranks of commercial real estate belies the leakage of underrepresented groups higher on the career ladder.
Canadian Property Management
Calgary enjoys rising industrial market in 2022
In a field of all round upbeat results, Calgary stands out as Canada’s rising industrial market of 2022, posting 11.6 million square feet of positive absorption.
Canadian Property Management
B.C. ponders commercial space for cannabis use
Newly released findings from British Columbia’s public consultation on cannabis lounges unsurprisingly confirm that recreational cannabis users are most likely to find the concept appealing.
