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| Archive | Send to a Friend | www.boma.bc.ca | ||||||||||||||||||||||||||||||||||||||||
| February 15, 2024 | ||||||||||||||||||||||||||||||||||||||||
 Association News Share your knowledge and influence with an industry that is looking to move forward! If you have a session idea, don't miss this opportunity to share your expertise with the leading influencers in the field.
Click the link below to learn more about submitting a session idea. Apply by February 29th/24.  Mark your calendars for the following BOMA Luncheons!
• Feb. 22nd, Vancouver • Feb. 27th, Okanagan (Kelowna) • March 6th, Victoria
 We had three new members join the Association in January. Please join us in welcoming them to BOMA BC!
 Join our speakers from Pace Solutions Corp. to learn about introductory HVAC water treatment theories, conventional chemical treatment applications, new technologies (ProMoss, Tannins, EndoTherm) and information relating to the management and control of Legionella in cooling towers.
Wednesday, March 6th, 2024, 11:30 AM - 1 PM PST
1035 West Pender Street, Vanocuver, BC + Zoom
Regulatory News Sign up for the City of Vancouver's Large Existing Buildings Newsletter and stay current on regulatory updates, compliance deadlines and resources tailored to support your building's performance standards. This newsletter is your direct line to announcements regarding the Annual Greenhouse Gas and Energy Limits By-law and a must-have resource for keeping informed about regulations affecting your properties.
Sign up for the newsletter here or click the link (below)
Government Affairs Join us (online) for a free info session covering the District of Saanich's Climate Action Tax Exemption (CATE) Program.
Co-hosted by the District of Saanich and BOMA BC, this webinar will cover incentives for electrification retrofits in large buildings, eligibility, application processes, and additional incentives available through the CleanBC Better Buildings Program.
Wednesday, February 28th, 2024, 12 PM - 1 PM PST,
Zoom 
Events & Education
Good to KnowSource: The Rick Hansen Foundation (RHF)
The Rick Hansen Foundation and hcma released research showing that upgrading existing office towers and schools for better accessibility is affordable, costing less than 0.5% of replacement value for offices and less than 1.5% for schools. The study also offers strategies for management to improve accessibility cost-effectively.
Read the full study release (link below)
Event Calendar
National NewsSource: Yahoo! Finance
Commercial real estate loan losses remain a manageable risk for Canada’s biggest banks even in the wake of last week’s turmoil at New York Community Bancorp, according to the head of the country’s bank regulator. Source: REMI Network/Canadian Property Management
The MSCI/REALPAC Canada Property Index noted that commercial real estate in Canada has a better outlook for investors than in the United States and other global markets. Source: REMI Network/Canadian Property Management
In the fourth quarter of 2023, Vancouver had the strongest demand for all real estate asset types in North America in an assessment of 63 urban markets. Source: REMI Network/Canadian Property Management
Despite a loosening national industrial vacancy rate, Canada’s overall vacancy rate for industrial assets is sitting at 2.7 per cent with an average net rent of $16.80 per square foot.
Around the IndustrySource: Daily Hive Urbanized
The 185,000 sq. ft. retail and restaurant space in the Canada Post’s former industrial-sized processing centre held its grand opening. Source: Daily Hive Urbanized
Developers announced that the grand opening of the Oakridge Park shopping centre in Vancouver will be in Spring 2025 and will include 650,000 sq. ft. of leasable retail space. Source: Daily Hive Urbanized
PCI Developments and Low Tide Properties proposed three mixed-use, high-rise towers to be built surrounding SkyTrain’s future Great Northern Way-Emily Carr Station.  Similar to BOMA Memberships, Corporate Sponsors help fund our events, initiatives, and programs throughout the year. Their contributions allow us to continue promoting and advancing the commercial real estate industry in British Columbia.
Learn more about this year's Corporate Sponsors by visiting the link below.
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