Posts tagged trends
Five features of Edmonton’s industrial market rounding out 2023.
Five features of Edmonton’s industrial market rounding out 2023.

What a ride 2023 has been so far for businesses across the province and beyond! The sheer scale of compounding factors being vollied at companies as they try to regain balance and grow their income is farsical. How does anyone project into the future and plan for growth, or perhaps conservation, when so many opposing factors are at play. I’ve outlined Five Takeaways that we are seeing play out in the industrial asset class, from leasing, to sales, construction costs to trends and opportunties.

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Market, Trends, EconomicsBronwyn Scrivenstrends, manufacturing, Lease, Sale, construction, alberta, edmontonComment
For International Women’s Day, let’s talk Women, COVID-19 and Commercial Real Estate
For International Women’s Day, let’s talk Women, COVID-19 and Commercial Real Estate

It’s well known that we still have a problem with the under-representation of women and visible minorities in the corporate environment. The great news is so many individuals of all genders are taking an active role in working to improve corporate policies and these statistics in all industries. In fact, from 2015 to 2020, the representation of women in senior-vice-president positions grew from 23% to 28%, and representation in the C-suite grew from 17% to 21% across all industries (Mckinsey). Unfortunately, these statistics are still not flowing through to the commercial real estate sector where the salary gap has actually widened for women between 2015 and 2020.

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TrendsBronwyn Scrivens, Omada CommercialCommercial Real Estate, women, international women's day, trendsComment
Perhaps the first Alberta-focused Industrial Real Estate Podcast!
Perhaps the first Alberta-focused Industrial Real Estate Podcast!

I recently had the enjoyment of sitting down with my esteemed colleague and friend, Chad Griffiths, Partner at NAI Commercial, and Gerald Tostowaryk, host of The Real World of Real Estate podcast, to discuss the past year and our upcoming projections for the Alberta industrial real estate market.

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Market, Trends, DevelopmentBronwyn Scrivens, Omada CommercialCommercial Real Estate, Industrial, alberta, Market, trends, economy, Canada, Calgary, manufacturing, Warehouse, Distribution, edmonton Comment
Potential outcomes and opportunities for commercial real estate assets following a pandemic
Potential outcomes and opportunities for commercial real estate assets following a pandemic

In the coming months, we will be entering into a global recession, unemployment will rise, liquidity will decrease and insolvency will be the ultimate looming presence. In the short-term it will be brutal, but in the medium term, it will be okay. In this blog, I’ve outlined the potential causal effects that this pandemic will have on the various, unique commercial asset types, and where the opportunities lie.

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Market, Economics, TrendsBronwyn Scrivens, Omada CommercialOmada Commercialtrends, Commercial Real Estate, E-Commerce, retail, office, industrial, Capital Markets, hospitality, multifamily, pandemic, covid-19 Comment
"Beds and Sheds" hedging to be the front runners for investors in 2020
"Beds and Sheds" hedging to be the front runners for investors in 2020

The catchphrase of the moment is proving to hold its weight as we analyze commercial real estate trends leading into the new year. Canada’s Multifamily market is the strongest it’s ever been with rental rates nearing 10-year highs, apartments near 100% occupancy, and volatility remaining low. On the industrial front, demand for fulfillment space continues to reign supreme to satisfy the multiplying growth metrics in e-commerce.

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Trends, Investment, Development, Economics, Market, TechnologyBronwyn Scrivens, Omada CommercialEcommerce, Industrial, multifamily, trends, Canada, Economy, Investment Comment
Canadian Lodging Industry Continues to Show Positive Momentum
Canadian Lodging Industry Continues to Show Positive Momentum

This week I wanted to jump back into my ‘Hotelie’ roots and highlight trends of the Canadian Hospitality Industry. Though not discussed as frequently, the lodging industry in Canada makes up a large part of the commercial real estate transaction volume in our country. In fact, 2016 and 2017 saw roughly $4.1 Billion and $3.5 Billion, respectively, in total transaction volume, the highest numbers in over ten years!

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Trends, InvestmentBronwyn Scrivens, Omada CommercialCommercial Real Estate, Real Estate, hospitality, hotels, lodging, trends, InvestmentComment
What's in the stars for the North American industrial market?
What's in the stars for the North American industrial market?

While the industrial and commercial markets in Alberta have been far from a pretty picture, The North American industrial market as a whole has experienced a record-setting run, registering some of the strongest leasing tallies and tightest market conditions on record.  In particular, the industrial market in the United States, largely due to the huge growth in e-Commerce, has been unstoppable.   

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Trends, Market, EconomicsBronwyn ScrivensIndustrial, Market, Forecast, Trends, Canada, USA, Mexico, North America, trendsComment