REMI

Real Estate

Offshore single-family rental REITs sidelined

Canadian Apartment Magazine

Offshore single-family rental REITs sidelined

A two-year prohibition on foreign investors acquiring single residential dwellings, duplexes or triplexes is set to begin January 1, 2023.
Atlantic Canada markets reflect national trends

Canadian Property Management

Atlantic Canada markets reflect national trends

Atlantic Canada markets were in sync with nationwide trends during the first half of 2022 with a tightening supply of warehouse space and loosening office vacancies.
GTHA lab space scarcity portends opportunity

Canadian Property Management

GTHA lab space scarcity portends opportunity

Market analysts see a vibrant niche of real estate investment potential in the Greater Toronto and Hamilton Area, where the vacancy rate for lab space is currently 0.2 per cent.
Food-anchored retail tops CREinvestment menu

Canadian Property Management

Food-anchored retail tops CRE investment menu

Food-anchored retail plazas remain a staple on the commercial real estate menu, again emerging as the preferred asset type in Altus Group’s survey of Canadian investment trends in Q2.
land sites

Canadian Property Management

Calgary posts modest dip in Q2 office vacancies

Calgary's office market saw nearly 440,000 square feet of positive absorption during the first half of 2022 and a 90 basis point decline in the vacancy rate during the second quarter.
More reservations emerging about CRE conditions

Canadian Property Management

More reservations emerging about CRE conditions

Investors and asset managers typically expressed more reservations about Canadian commercial real estate this spring than when they were surveyed on their sentiments last fall.
GTA multifamily sales volume stable in Q2

Canadian Apartment Magazine

GTA multifamily sales volume stable in Q2

Transactions ebbed in Q2, but overall multifamily sales volume is only slightly behind last year’s pace due to a 16.5 per cent year-over-year increase in the average price per suite.
Cap rates open up in Q2

Canadian Property Management

Cap rates open up in Q2

Cap rates opened up and investment activity slowed across every Canadian property sector during the second quarter of 2022.
Canada's top rents rank moderately in the U.S.

Canadian Apartment Magazine

Canada’s top rents rank moderately in the U.S.

Canada’s two priciest rental housing markets fall toward the moderate end of the scale when mixed in with the largest urban centres in the United States.
Q2 market trends follow familiar patterns

Canadian Property Management

Q2 market trends follow familiar patterns

Midway through 2022, Colliers Canada pegs the national office vacancy rate at just below 13 per cent, while the national industrial vacancy rate sits 1,200 basis points lower.
Cushman in contempt over subpoenaed documents

REMI Network

Cushman in contempt over subpoenaed documents

The ruling comes after a series of legal manoeuvrings related to the Attorney General of New York State’s pursuit of appraisal information about Donald Trump's properties.
Canada transparently draws investor confidence

Canadian Property Management

Canada transparently draws investor confidence

Canada retains its fifth place ranking and its status as a highly transparent real estate market in JLL’s newly released 2022 Global Real Estate Transparency Index.
cabinet

Canadian Apartment Magazine

Ontario adds Associate Minister for housing

Michael Parsa takes on the new role of Associate Minister of Housing alongside Steve Clark, who stays in place as the Minister of Municipal Affairs and Housing.
Slate Asset Management acquires Presima

Canadian Property Management

Slate Asset Management acquires Presima

The deal adds $1.1 billion in assets to Slate’s investment management holdings and heightens its presence in the public markets, where Presima has carved out global REIT and ESG yield strategies.
Hines revs Canadian investment vehicle

Canadian Property Management

Hines revs Canadian investment vehicle

Hines is targeting Toronto, Montreal, Vancouver and Calgary for up to CAD $2 billion in high-profile real estate acquisition and development opportunities.
Green leases go platinum for Canadian companies

Canadian Property Management

Green leases go platinum for Canadian companies

Canadian companies are well represented in this year’s inaugural platinum tier of the Green Lease Leaders program, achieving recognition as landlords, tenants and deal-makers.
CPP Investments in global real estate top 10

Canadian Property Management

CPP Investments in global real estate top 10

The top 10 investors in the IPE Real Assets 2022 rankings collectively hold about USD $583.6 billion in real estate assets under management.