Sixteen Canadian organizations accounted for more than 337,000 megawatt-hours or nearly 42 per cent of electricity savings tallied in North America, while 162 GRESB participants in the United States delivered the remainder.
The reclassification from an industry group within the financials sector formally occurs on September 1, and will also introduce a new term for real estate investment trusts (REITs), which will become known as Equity REITs.
How Oxford delivered considerable financial benefits across its portfolio as a result of its commitment to greener buildings, sustainability and LEED.
Prominent asset managers for Canadian pension funds appear poised to take an even bigger position in the commercial real estate market.
Eight technology trends have recently been flagged in a new global report, spanning various regions and industries, including real estate.
Buildings with access to fibre optic office space have a competitive advantage compared to assets without this amenity.
Uncertainty in the United Kingdom and European Union could further accentuate the attractiveness of Canadian real estate, but doesn't alter the perception that this is a difficult market to penetrate.
Two of Canada’s leading retail experts have put their skill sets together to launch a consultancy that helps industry think beyond just bricks and mortar.
An interiors project for TD Bank headquarters recently became the world’s first project certified under v1 of the WELL Building certification.
Complex buildings will require sophisticated property managers who understand how to operate them; however, job awareness and skill development are needed.
The struggle for gender equality in the Canadian workplace is a matter of priority as recent studies reveal a lack of women in corporate leadership roles.
The condo budget may not be sexy, but it's very important as the corporation's financial plan. A senior property manager offers tips for setting priorities.
The total return on directly held standing assets in Calgary plunged to 0.9 per cent as the fallout from sustained low oil and gas prices walloped the Alberta economy, while Toronto properties delivered a chart-topping total return of 12.8 per cent.
Real estate analysts suggest there's more 'tank' than 'think' in the Fraser Institute's recent characterization of the Canada Pension Plan Investment Board's asset allocation strategy.
China's aggressive target to reduce greenhouse gas emissions and India's ambitious scheme to embed information and communications technology in urban development and infrastructure are seen as prominent opportunities for Canadian investors, businesses and professionals.
The significance of green programs is becoming more pertinent in conversations about attracting and retaining tenants and meeting occupant expectations.
Real estate owners/managers point to the efficiencies and savings that can come with real-time monitoring and operational responses, which also support asset value and competitiveness in the marketplace.