A more focused, disciplined Summit REIT

A more focused, disciplined Summit REIT

REITs come and go. What they rarely, if ever do, is come back around for a second iteration. That’s pretty much what Summit Industrial Income REIT (SMU.UN-T) has pulled off. The Brampton, Ont.-based trust has the same management team and the same investment strategy that it had a decade ago

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Are REITs getting into riskier development?

As REITs have shifted focus over recent years from primarily acquirers of real estate to developers and cap rates have supported the transition, those same REITs are now adding more and more development risk. How they are coping with this shift was the focus of a panel at last week’s RealREIT conference in Toronto?

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Tribute’s Neil Rodgers to become OHBA president

Tribute Communities executive vice-president of acquisitions Neil Rodgers will succeed John Meinen as president of the Ontario Home Builders’ Association (OHBA) at the organization’s annual general meeting on Sept. 19.

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Apartment rental survey reveals valuable information

Fifty-two per cent of renters took less than one month to find their space, according to a new rental preference survey co-sponsored by Avison Young, Informa Canada and Rentlogic to try and better understand tenant profiles and desires.

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Smaller market opportunities for apartment buildings

Smaller markets are an intriguing and profitable option for some apartment building investors as land and building prices in many major Canadian cities become too expensive.

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Attract and retain millennials to a CRE career

As a senior executive of a brokerage firm I felt a real frustration not being able to understand the motivation of millennials. I’m not new to the millennial’s, I’ve worked with them throughout my career

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Technology is going to change everything

There’s never been a better moment in the history of commercial real estate in Calgary, or anywhere in the world. And the lessons we can learn from the Calgary marketplace apply regardless of where you live, or even what industry you’re in.

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Six months ago: C&W Canada CEO has a growth mandate

Newly appointed Cushman & Wakefield Canada chief executive Chuck Scott has no doubt about his role with the Toronto-based real estate services firm. “The mandate is pretty clear, it is to grow the company,” he said. “We are in this really perfect time here at Cushman & Wakefield in so far as we have got a lot of momentum that we have created coming off a record year across the country and pretty much all the markets and service lines.”

Property Biz Canada

One year ago: A year to forget for most REITs: RBC

Ultra-low interest rates aside, it has been a tough 12 months for the REIT sector. Carolyn Blair, managing director of RBC Capital Markets’ real estate group, laid out the grim (and some good) statistics at the RealREIT conference in Toronto in September 2015.

Property Biz Canada

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