Market Insights
A closer look at Toronto’s housing affordability plan
From Altus Group – Toronto’s new Mayor Olivia Chow has proposed a self-funded housing plan that aims to provide 25,000 homes made up of market-rate, affordable, and deeply affordable housing.
As good as gold: Opportunities for institutions to extract land value through strategic redevelopment
From Altus Group – As land values increase and physical structures inevitably wear out, valuable real estate may be suitable for strategic redevelopment.
Challenges abound, but retail REITS, owners drive business forward
Fron RENX.ca – Bricks-and-mortar retail has performed better than many expected after lockdowns, increased online shopping and other challenges brought on in recent years by the pandemic and ensuing economic uncertainty.
Project managing development risk in volatile times
From Altus Group – Altus experts discuss the key risks now facing developers and, more importantly, how to mitigate them and find success in an uncertain market.
Renewed calls to remove GST from rental housing construction costs in Canada
From Daily Hive – In recent months, there have been a number of renewed calls for the Government of Canada to remove its Goods and Services Tax (GST) on the cost of building secured purpose-built rental housing.
CanFirst breaks ground on spec Mississauga industrial project
From RENX.ca – CanFirst Capital Management has broken ground on a 14.08-acre site in Mississauga where it’s developing, on spec, a 272,379-square-foot industrial building.