Market Insights
Toronto committee endorses plan to build nearly 6,000 housing units
From CBC – The City of Toronto’s planning and housing committee greenlit a proposal to build some 6,000 new rental units across the city, spending over $350 million to help get shovels in the ground.
Top four takeaways from the Q2 2024 Canada CRE industry conditions and sentiment survey
From Altus Group – Altus Group releases the results of its fourth installment of the Commercial Real Estate Industry Conditions and Sentiment Survey for Canada (ICSS), a quarterly survey of CRE professionals to gauge perspectives on current and future conditions for the industry.
Meeting the needs of an aging nation: Opportunities in Canada’s senior housing sector
From Altus Group – With the right strategy, the senior housing sector represents an excellent opportunity to strengthen and diversify real estate portfolios and leverage higher returns.
Q1 CRE transactions plunge 55% in Canada’s major markets
From RENX.ca – Morguard report shows declines in all major commercial real estate sectors.
Progressive Design-Build provides notable advantages for today’s complex infrastructure projects
From Altus Group – Particularly well suited to today’s complex public-private partnership (P3) projects and complex infrastructure, the Progressive Design-Build (PDB) delivery model has become increasingly utilized to reduce and manage risks and deliver better outcomes.
Canadian CRE investment trends – Q1 2024
From Altus Group – The overall capitalization rate (OCR) was largely flat at 5.83% in Q1 2024 compared to the previous quarter at 5.88%.