View Online | Forward | Sign Up | Archives November 1, 2019
1. Co-living: the key to unlocking higher cap rates
For investors in Canada, owning and renting out multifamily properties is not the same capital building enterprise that it used to be. Although vacancy rates are decreasing, with a national average of 2.4 per cent in 2018 and rates much lower in larger cities like Toronto and Vancouver, cap rates are also being driven down, with multifamily homes offering the lowest rates in real estate.

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2. Ace Hotel announces Canadian debut

Canada’s first Ace Hotel to be developed by Zinc Developments in Toronto. Designed by international award-winning Shim Sutcliffe the 124 room, full-service hotel will include a 140 seat restaurant, 70 seat lobby area, unique rooftop bar and meeting facilities. Read More »

3. Alberta won’t rescue energy efficiency programs

It’s hard to miss Energy Efficiency Alberta’s message in the wake of last week’s cancellation of provincially funded energy efficiency programs. The move concludes the process begun five months ago when the newly elected United Conservative Party (UCP) government repealed the carbon tax and eliminated the funding source for the incentives, but the provincial agency stressed a critical qualifier as it delivered the news. Read More »

4. Gen Z wellbeing suffering in Canadian offices

Eye-catching office perks like pet-friendly policies and on-site fitness centres are often used to attract and retain talent, but on their own, they don’t necessarily support the overall wellbeing of young employees. Read More »

5. Cresting a year of energy-saving achievements
Commercial real estate industry trailblazers (CREST) were honoured for energy-saving achievements last week, marking another year of progress in Toronto’s race2reduce.
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