REMI

Retail

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.
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.
Toronto plan advocates commercial rent control

Canadian Property Management

Toronto plan advocates commercial rent control

Commercial rent control is a suggested tool to protect small business tenants in a proposed new 10-year strategy to stimulate and manage economic growth in Toronto.
Retail squeeze buoys mixed-use development

Canadian Property Management

Retail squeeze buoys mixed-use development

Mixed-use developments represent one of the few options for new retail space in Canada's largest markets, as demand and rental rates continue to rise.
RBC upgrading HVAC systems in bank branches

Canadian Facility Management & Design

RBC upgrading HVAC systems in bank branches

RBC plans to invest $35 million over three years to begin upgrading HVAC systems across its network of more than 1,200 retail bank branches in Canada.
Swing space allowance enables booze sales haste

Canadian Property Management

Swing space allowance enables booze sales haste

Temporary leeway to shelve alcohol in various, non-contiguous areas of Ontario grocery stores is part of the two-week advance in the rollout of the province's new liquor retailing regime.
Grocery store lease clauses under scrutiny

Canadian Property Management

Grocery store lease clauses under scrutiny

Canada’s Competition Bureau is investigating whether dominant grocery retailers are using exclusivity clauses and restrictive covenants to improperly curtail rival businesses.
Ontario retailers probe alcohol sales viability

Canadian Property Management

Ontario retailers ponder alcohol sales viability

Leases and logistics will be major factors in whether Ontario retailers can act on pending flexibility to sell beer, wine, cider and ready-to-drink alcohol-infused beverages in grocery and convenience stores.
Etobicoke Civic Centre

REMI Network

Construction begins on Etobicoke Civic Centre

Plans are moving forward on what will become Toronto’s first near-zero emissions community.
Constraints on cannabis retailers could loosen

Canadian Property Management

Constraints on cannabis retailers could loosen

A proposed tweak to the rules governing store configurations could make Ontario’s enclosed shopping malls more welcoming for cannabis retailers.
All grocery retail segments gaining in Canada

Canadian Property Management

All grocery retail segments gaining in Canada

Canada outpaced the U.S. in adding per capita grocery retail space last year, with new stores mostly in the discount segment of major players' multi-brand portfolios
Taxing debate awaits Toronto commercial parking

Canadian Property Management

Taxing debate awaits Toronto commercial parking

Debate about a proposed surcharge on commercial parking spaces in Toronto has been deferred until City Council begins to consider 2025 budget measures.
Urban trekkers not in the mood to spend

Canadian Property Management

Urban trekkers not in the mood to spend

Colliers Canada’s overview of foot traffic trends reveals that discount retailers, quick service restaurants and free attractions typically recorded the largest uptick in visitor volume in 2023.
CRE construction activity tops 5-year U.S. average

Construction Business

CRE construction activity tops 5-year U.S average

Combined spending on office, industrial and retail construction projects dropped below 2022 levels in the U.S. last year, but still surpassed the five-year average for the period since 2019.
Property reassessment still on hold in Ontario

Canadian Property Management

Toronto strip plazas considered for tax discount

Nearly 30 per cent of Toronto strip plazas are in line for a property tax break if City Council approves the proposed new measure in its upcoming 2024 budget deliberations.
Conestoga

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.
Investment returns show slipping values in 2023

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.