Future-proofing your assets with green buildings

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While sustainable real estate is not a new concept, it is rapidly growing; you should be taking notice, whether you’re experienced or just starting out. In fact, by 2030, the smart building market is projected to be worth a staggering $24.7 trillion across the globe with the market for green building products already exceeding $250 …

Calgary’s CRE Spring Resurgence

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Calgary, the third largest city in Canada. has seen one of the fastest recoveries of downtown foot traffic to pre-pandemic levels in North America. As things settle into the current new normal, a recent study by commercial real estate firm Avison Young this spring found weekday foot traffic in downtown Calgary was at 49 per …

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The appeal of single-tenant retail properties

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While some types of retail property have done better than others during the pandemic era, there is one retail type that has proven to be a clear winner.   Stand-alone retail properties, also known as Triple Net Lease (NNN) properties are usually occupied by a corporate client such as a major bank, grocery store or …

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Canadian CRE Investor Trends

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Even though it was a bit unexpected for some, it’s official, the Canadian office leasing market has started showing signs of recovery. Further even retail is remaining stable and positive, and this holds true also for industrial and multi-suite residential. All this good news is attracting more investors to invest in Canadian commercial real estate. …

Downtown Toronto Office Space Recovery

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Since the official start of the pandemic in March 2020, Toronto’s downtown has been nothing short of a deserted wasteland. The retail and office CRE sectors saw little activity in the past year and a half, with the majority of the population keeping their distance, isolating, and working remotely. While historically high vacancy rates left …

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Western Canada Apartment Market Poised for a Comeback

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Photo credit: Unsplash Since the start of the pandemic, the Canadian CRE market has experienced some significant changes. We’ve seen a rise in demand for industrial solutions like warehousing and an unexpected rise in interest in residential and multi-family real estate in suburban environments. However, the urban environments have experienced heavy blows. The urban office …

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The Future of Offices and Malls in Canada

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No other sector was quite as affected by the COVID-19 pandemic as office and retail. Imposed business closures, shorter working hours, requirements for working from home, and social distancing restrictions disrupted the two sectors and completely altered their daily processes. While many are skeptical about just how soon things will return to normal, some industry …

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