Archive | Send to a Friend | www.boma.bc.ca | BOMA Marketbase | |||||||||||||||||||||||||||||||
May 11, 2021 | |||||||||||||||||||||||||||||||
Association News
Government Affairs
Source: City of Vancouver Do you own or manage a commercial or rental apartment building in Saanich? Help the District of Saanich develop energy efficiency and GHG reduction incentives and programs that would be most beneficial to you. By completing their survey, you will be entered to win one of four $250 gift cards to the Home Depot. The survey closes May 23: www.saanich.ca/buildingsurvey. The City of Surrey plans to complete road connections on 84 Avenue from 120 Street to Fraser Highway to increase road safety, connectivity and travel options. Construction will be done in phases over the next five years. Public engagement for Phase 1: King George Boulevard to 140 Street has started. After reading the engagement boards, take the online survey for a chance to win a $250 Guildford Town Centre gift card. Survey closes May 19. Events & Education
Good to Know
If you’re considering an energy efficiency project for your building, now is the time! FortisBC has recently updated their Custom Efficiency program to include higher incentives for commercial gas projects, lower cost-effectiveness thresholds, better support for hybrid projects and easier administration! For more information visit www.fortisbc.com/rebates/business/custom-efficiency-program.
Workplaces can get a rebate of up to $2,000 per charger to purchase and install eligible Level 2 networked EV chargers for employee use, to a maximum of $14,000.
NRCan's free Self Assessment Tool and Guide provides feedback on the impact of your HVAC strategies during and after pandemics. It highlights key areas and best practices for efficient operation during these times and help your operations team respond with greater confidence. Event Calendar
National News
Due to COVID-19, buildings have experienced reduced occupant density and hours of operation as a result of public health and workplace safety measures. These changes have had a significant impact on energy and water consumption trends. Starting on June 15, 2021, new questions will be added to the office building questionnaire.
Around the Industry
Source: Canadian Property Management/REMI Network
Healthy buildings are growing in demand. In a recent survey, commercial real estate asset managers shared an increased desire to support physical, social and emotional well-being in the built environment. Source: Western Investor
In the Lower Mainland, land values increased 28 per cent to more than $4 billion in 2020, leading all commercial real estate sectors. Source: Facility Cleaning & Maintenance/REMI Network
Large post-secondary campuses present many cleaning and maintenance challenges. The COVID-19 pandemic has led to even more difficulties. Source: Vancouver Sun
City council has voted to shift $3.6 million in property taxes from businesses to homeowners to help small business owners.
Source: Western Investor
“A property manager can also serve as a buffer between the landlord and the tenant, and remove any emotion that can arise as a result of the negotiation,” writes Rod Fram, president of TransPacific Realty Advisors. Source: Daily Hive/Urbanized
Amazon announced that it is growing in Metro Vancouver, with plans to open five new distribution hubs in the region. The expansion includes a 450,000-square-foot advanced robotics fulfillment centre in the Port of Vancouver. Source: Canadian Property Management/REMI Network
“While the newly released 2021 federal budget commits $142 million over five years to immediately expand the list of capital investments that qualify for the special tax measure, it also names various combined heat and power (CHP) applications that will be delisted after 2023.” 'Don't think it's fair': Speculation tax exemption created for some B.C. commercial property tenants
Source: CTV News Vancouver
The provincial government has introduced a tax exemption for dozens of businesses in B.C. that were charged a speculation vacancy tax on air space above leased spaces. |
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