retail real estate – Benefits Canada.com

2023 GIC coverage: Resiliency of commercial office real estate keeping remote working ‘doom loop’ at bay

lbailey — Tue, 06 Jun 2023 11:49:29 +0000

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 […]

The post 2023 GIC coverage: Resiliency of commercial office real estate keeping remote working ‘doom loop’ at bay appeared first on Benefits Canada.com.

CPPIB sells stake in French home care company; Ontario court gives retailer protection to Caisse, OMERS, OTPP as Nordstrom leaves Canada

Gideon Scanlon — Tue, 21 Mar 2023 16:30:15 +0000

The Canada Pension Plan Investment Board is selling its stake in a scandal-ridden French home care company for €26.1 million — 6.18 per cent of the value of the initial investment. The move follows a restructuring agreement that provides Orpea Groupe’s bondholders with control of the majority of its equity. As part of the terms, other […]

The post CPPIB sells stake in French home care company; Ontario court gives retailer protection to Caisse, OMERS, OTPP as Nordstrom leaves Canada appeared first on Benefits Canada.com.

AIMCo, CPPIB reinvesting in telecom network; CPPIB expanding share in U.K. mall

Gideon Scanlon — Tue, 02 Aug 2022 16:00:05 +0000

The Alberta Investment Management Corp. and the Canada Pension Plan Investment Board are reinvesting in a telecommunications infrastructure provider to support its acquisition of a U.S. digital network provider. BAI Communications Inc., a Toronto-based internet and telephone network service provider, is acquiring ZenFi Networks Inc, a New York-based digital infrastructure provider specializing in roaming services […]

The post AIMCo, CPPIB reinvesting in telecom network; CPPIB expanding share in U.K. mall appeared first on Benefits Canada.com.

Coronavirus pummels certain real estate assets, bolsters others: report

mschmit — Wed, 03 Jun 2020 04:40:47 +0000

While real assets have traditionally served institutional investors well during times of economic stress, the ramifications of the coronavirus pandemic are starting to take their toll in some places. In commercial real estate, investors will likely re-evaluate their capital spending for 2020 in pockets like Edmonton and Calgary with the areas hit hard by the […]

The post Coronavirus pummels certain real estate assets, bolsters others: report appeared first on Benefits Canada.com.

Managing a real estate portfolio amid the coronavirus crisis

mschmit — Mon, 20 Apr 2020 05:47:13 +0000

While the fallout from the coronavirus pandemic has wreaked havoc on many asset classes, institutional investors in real estate face a unique set of challenges. Firstly, the shutdown of non-essential businesses has put many tenants in a position where they can’t afford rent, forcing their investor landlords to decide how to react. Institutional investors are […]

The post Managing a real estate portfolio amid the coronavirus crisis appeared first on Benefits Canada.com.