In efforts to spruce up its real estate portfolio, CAPREIT has said farewells to three Ottawa apartment sites in a $136 million deal Canadian apartment REIT is continuing its efforts to remove aging ‘non-strategic’ assets from its real estate portfolio. Last week, it announced the sale of 50% non-managing interest in three condo properties in …
Hamilton is undergoing a long-awaited transformation, which will make Steeltown an alluring alternative to Toronto’s expensive market The beginning of the year is an excellent time to start planning your investments. If you’re considering joining the real estate market, we’d like to introduce you to Hamilton – currently one of the safest investment opportunities in …
When it comes to cities like Toronto, is it wise to buy land? It can be a very effective formula if you can buy it with cash flow. Basically, you are using the land to generate sufficient residual income, such as parking, and using that income to offset your mortgage interest and payments. Cash flow …
Suburban Toronto records its first period of positive net absorption since start of pandemic The suburban construction pipeline continued to be carried forward, currently boasting more than half a million sq. ft. of office space under construction. Commercial real estate firm CBRE says for the second quarter in a row, the country’s suburban office vacancy …
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, 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 …
It’s estimated that the North American smart building market is projected to grow to 121.6 billion by 2026; it’s worth taking notice! Smart buildings are a large part of creating a sustainable future, as about 28% of global energy-related CO2 emissions are directly correlated to the operation of buildings. As we continue to move forward …
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 …
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. …
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 …