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 […]
While many workplaces have shifted to hybrid arrangements coming out of the coronavirus pandemic, employment experts say workers should be cautious about using that added flexibility to work from home when feeling sick. It’s a situation that some observers of remote working trends predict could become more prevalent as companies increasingly make their hybrid arrangements […]
Before the coronavirus pandemic, Jamie Burke was happy with her job. Working in property management, the extroverted Vancouverite went into the office every day, took meetings in different buildings and attended networking events. When the pandemic hit and her job became remote, Burke struggled at first but she grew to love the flexibility it afforded […]
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 […]
One in five (20 per cent) Canadians reported working from home in May 2023, declining slightly from 22 per cent in May 2022 and 24 per cent in May 2021, according to a survey by Statistics Canada. It found 15.9 million employees commuted to a location outside the home for work, up five per cent from 2022 and up 26 […]
Two-thirds (66 per cent) of employees worldwide say they’re motivated to go above and beyond in their job, down from 69 per cent in 2020, according to a new report by Qualtrics. The report analyzed responses from employee engagement surveys conducted by nearly 900 employers worldwide. It found German employees reported the largest drop in […]
More than half (55 per cent) of Canadian employers have finalized their approach to balancing in-office and remote work, up from 49 per cent in the fourth quarter of last year, according to a new survey by Colliers Canada. The survey, which polled nearly 300 employer tenants of Colliers’ properties across the country, also found the majority (86 per cent) […]
Zoom Video Communications Inc. is asking employees to return to the office. The software company that has become synonymous with remote working is requesting that workers who live within a 50-mile radius of a company office work onsite two days a week beginning this month, according to a report by the Associated Press. Read: Google, […]
With Canadians’ financial priorities shifting alongside a turbulent economic climate, including inflation levels not seen in decades and a never-ending rise in the cost of living, it isn’t surprising capital accumulation plan members’ commitment to retirement savings is taking a hit. Benefits Canada’s 2023 CAP Member Survey found just 41 per cent of respondents rated […]
Organon Canada is encouraging its employees to volunteer by allowing them paid time off and partnering with organizations that reflect their values. The health-care company provides all employees with up to 40 hours of paid time to volunteer each calendar year so they can give back to their communities. “From the start, we felt like […]