Hotels and event space are absorbing the most immediate COVID-19 fallout in the Canadian commercial real estate market, but already challenging circumstances for bricks-and-mortar retail venues have become even more uncertain. Market analysts foresee a varying degree of short-term and long-term impacts among real estate asset types, as well as supply chain interruptions that could increase costs and slow activity at construction sites.
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COVID-19 preparedness tips for landlords
Rental housing providers play a unique and critical role in the battle to mitigate the spread of this highly communicable disease. It goes without saying that maintaining a clean, sanitized building will only help to reduce the spread of COVID-19. »READ MORE
IN CASE YOU MISSED IT: Proptech potential still largely unexploited
Canadian real estate companies lag somewhat behind their global peers in the uptake of the IT and data-based technologies and services collectively labelled as proptech. Analysis of recent survey data from 188 companies worldwide shows Canadian respondents generally in sync with prevailing views of proptech potential, but still at a relatively early stage of recognizing and pursuing the full range of opportunities it could deliver.»READ MORE