Commercial Real Estate Investors Risk Painful Losses In Post-Covid World
Commercial real estate investors and lenders are slowly confronting an ugly question - if people never again shop in malls or work in offices the way they did before the [...]
‘Worst Is Over’: Downtown Office Vacancy Rates Showing Signs Of Improvement
Suburban office markets are continuing to show lower vacancy rates than downtown areas, Colliers says Suburban office markets are continuing to show lower vacancy rates than downtown areas, where a substantial increase [...]
Office Developments Pivoting To Lab Space As Demand Dwindles
As demand for office space declines, developers are repurposing planned construction projects and to cater to the life sciences sector. As demand for office space dwindles, some developers are deviating [...]
Resilient Canadian Retail Market Beats Recession Odds
Despite recession predictions, retail continues its strong post-pandemic growth into 2023, says a new report by commercial real estate firm Colliers. The consumer appears resilient, with higher savings rates than pre-pandemic, [...]
Commercial Building Codes Lack Strong Wildfire-management Provisions, Indoor Air Quality Controls, Says Expert
Amid a fire season that has seen a record number of blazes, wildfires and poor air quality are top-of-mind concerns for commercial property developers, industry insiders say. The fires have burned an [...]
Canadian Developers Slow To Adopt Construction Technology
As Canada’s construction sector faces a shortage of skilled workers and tradespeople, some insiders predict that digital technology will fill the gap – but a new report shows that worksites [...]
Canada’s Industrial Market Is Slowing, But Remains Strong
As the market softens, tenants may have an opportunity to negotiate lower rents Canada’s national industrial real estate vacancy rate rose for the third consecutive quarter to 1.9 per cent, [...]
All-Industrial Redevelopment Of Buttonville Airport Proposed
Buttonville Municipal Airport in Markham, Ont., will close at the end of November and a recent proposal from owner Cadillac Fairview plans to replace it with a 2.78-million-square-foot industrial development. A 2011 [...]
Ontario Court of Appeal Provides Guidance On Transfer Of Commercial Leases
In a decision from Ontario’s highest court, it was held that a landlord cannot arbitrarily refuse to allow a commercial tenant to assign its lease. In coming to its ruling, [...]
Carbon Tax Hikes Could Mean Tough Decisions For Some Office Owners
The federally regulated carbon tax is slated to reach $170 per tonne in 2030 Canada's carbon tax could force some office owners to sell assets rather than undertake costly retrofits [...]
