office real estate – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 17 May 2024 19:40:42 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Canadian pension funds seeking diversification in real estate at home, abroad: experts https://www.benefitscanada.com/canadian-investment-review/alts/canadian-pension-funds-seeking-diversification-in-real-estate-at-home-abroad-experts/ Tue, 09 Apr 2024 13:00:34 +0000 https://www.benefitscanada.com/?p=153307 Significant headwinds in the commercial real estate sector have impacted the number of transactions seen in 2023, leading institutional investors to pursue diversification at home and abroad. The totals for acquisition dispositions of office assets in 2023 were “extremely low” compared to the previous year, says Lewis Gascoigne, an investment consulting principal at Eckler Ltd., […]

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]]> CPPIB, Oxford Properties sell two Vancouver office buildings, OMERS closes €750 million term notes offering https://www.benefitscanada.com/canadian-investment-review/alts/cppib-oxford-properties-sell-two-vancouver-office-buildings-omers-closes-e750-million-term-notes-offering/ Tue, 06 Feb 2024 16:00:35 +0000 https://www.benefitscanada.com/?p=151592 The Canada Pension Plan Investment Board and Oxford Properties Group Inc., the real estate arm of the Ontario Municipal Employees’ Retirement System, are selling two downtown office towers in Vancouver for about $300 million, according to reporting by Bloomberg. The investment organizations will sell the buildings, located at 402 Dunsmuir St. and 401 West Georgia […]

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]]> Global REITs expected to outperform in 2024 due to lack of supply, resilient corporate valuations: report https://www.benefitscanada.com/canadian-investment-review/alts/global-reits-expected-to-outperform-in-2024-due-to-lack-of-supply-resilient-corporate-valuations-report/ Mon, 15 Jan 2024 20:00:46 +0000 https://www.benefitscanada.com/?p=150323 After two years of underperformance, global real estate investment trusts are expected to outperform in 2024 due to a decline of supply and resilient corporate valuations, according to a new report from Hazelview Investments. It found global REITs saw a turnaround rally of 18.9 per cent over the last two months of 2023, leading the […]

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]]> Office REITs suffer another tough year in 2023, but opportunities may still arise for long-term investors https://www.benefitscanada.com/canadian-investment-review/alts/office-reits-suffer-another-tough-year-in-2023-but-opportunities-may-still-arise-for-long-term-investors/ Thu, 04 Jan 2024 20:00:56 +0000 https://www.benefitscanada.com/?p=149681 It’s poised to be another challenging year for office real estate investment trusts, but some money managers say there could be decent entry points in the sector for long-term investors. “We are in a ‘darkest before dawn’ scenario heading into 2024 for office REITs — there is no denying they are cheap . . . […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-52/ Fri, 15 Sep 2023 13:00:14 +0000 https://www.benefitscanada.com/?p=143504 An article on the Canadian Association of Pension Supervisory Authorities’ new risk management guideline was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. CAPSA’s risk management guideline adaptable to changes in cybersecurity, ESG: webinar 2. How hybrid workplaces and employees can navigate flu season 3. Canadian employers say competing […]

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]]> Office real estate investments, valuations declined in 2022: report https://www.benefitscanada.com/canadian-investment-review/alts/office-real-estate-investments-declined-in-2022-report/ Tue, 12 Sep 2023 13:00:12 +0000 https://www.benefitscanada.com/?p=143232 Investments in office real estate, as a part of total transaction activity, declined by 20 per cent in North America and 50 per cent in Europe and Asia-Pacific in 2022, according to a new report by TD Global Investment Solutions. It found while global office transaction cap rates rose over the past year, private asset […]

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]]> Self-storage investments offer real estate alternative amid general sector struggles https://www.benefitscanada.com/canadian-investment-review/alts/self-storage-investments-offer-real-estate-alternative-amid-general-sector-struggles/ Thu, 31 Aug 2023 15:00:19 +0000 https://www.benefitscanada.com/?p=142726 Institutional investors are opening the door to the self-storage category to find some relief from a turbulent year in real estate. According to data published in July by the National Association of Real Estate Investment Trusts, self-storage is leading a pack of real estate categories disrupting the balance from traditional options in real estate investments […]

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]]> Uptick in U.S. commercial office real estate defaults concerning but risk in Canada low: expert https://www.benefitscanada.com/news/cir-news-news/uptick-in-u-s-commercial-office-real-estate-defaults-concerning-but-risk-in-canada-low-expert/ Thu, 27 Jul 2023 13:00:32 +0000 https://www.benefitscanada.com/?p=141470 Despite recent uptick in U.S. commercial office real estate landlords defaulting on their loans, the chances of the same trend moving north of the border is low, says Jim Clayton, professor and Timothy R. Price chair in real estate and infrastructure with the Schulich School of Business at York University. Since the onset of the […]

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]]> 2023 GIC coverage: Resiliency of commercial office real estate keeping remote working ‘doom loop’ at bay https://www.benefitscanada.com/canadian-investment-review/post-event-coverage/2023-gic-coverage-resiliency-of-commercial-office-real-estate-keeping-remote-working-doom-loop-at-bay/ Tue, 06 Jun 2023 11:49:29 +0000 https://www.benefitscanada.com/?p=137351 The commercial office real estate doom loop that was expected from the growth in remote working hasn’t really caught on, according to Victor Couture, assistant professor of economics at the University of British Columbia’s Vancouver School of Economics, speaking during the Canadian Investment Review‘s 2023 Global Investment Conference. Remote work is almost certainly here to stay, which is why […]

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]]> Pension plan sponsors push on with real estate investments despite Omicron setback https://www.benefitscanada.com/archives_/benefits-canada-archive/pension-plan-sponsors-push-on-with-real-estate-investments-despite-omicron-setback/ Fri, 18 Mar 2022 12:54:26 +0000 https://www.benefitscanada.com/?p=117929 Right from the very beginning, the coronavirus pandemic has taken Canadian real estate investors on a wild ride. After the freefalling panic of March 2020, the sector settled into a relatively comfortable rhythm and undulated through several waves of the virus, saving one of its steeper peaks and troughs for the tail end of 2021. […]

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