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Energy exposure fuels Calgary office woes
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Key service centres for the oil and gas industry are at differing junctures in Canada and the United States. JLL’s newly released overview of office and industrial space trends in North American energy hubs contrasts the shale boom bolstering U.S. economic activity with the logistical constraints squeezing Canadian producers — and also flowing through to Calgary and Edmonton’s commercial real estate markets.

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Headline News
»Vancouver ties Toronto for North America’s lowest office vacancy rate
 
»Cheryl Gray recognized for proptech innovation
 
»Innovative ways to fill units faster
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Pushing the Boundaries of Structural Glass
When it comes to building materials, there is truly no substitute for glass. Timeless and elegant, structural glass provides beauty and translucence to indoor spaces in a way no other material can. »READ MORE
»Canada inconspicuous in Global Property Index
 
»Surrey courthouse opens with improved features
 
»Strathcona offers new hybrid mixed-use typology
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Alberta enables long-term property tax breaks

Local governments in Alberta can now offer property tax breaks on commercial and industrial sites for up to 30 years.  »READ MORE

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IN CASE YOU MISSED IT:
Making space for talent attraction efforts

Commercial real estate’s core function as a provider of workspace serves as something of a living lab for the industry’s own human resources strategies. Building owners/managers are increasingly pressed to: meet tenant demand for new kinds of services and technological capability; safeguard business continuity in times of cyber and climatic peril; and deliver a return on investment in the face of a growing array of competition from shiny new towers, co-working space and home offices. In turn, these pressures influence decisions about hiring and staff deployment.
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