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Canadian Commercial Real Estate Starts At CIPPREC
by PJ Wade
Canadians interested in learning more about commercial real estate topics ranging from property rights and Real Estate Income Trusts (REITs) to telecom agreements in multi-tenant buildings may tap into a largely free resource when they visit The Canadian Institute of Public and Private Real Estate Companies (CIPPREC) website. CIPPREC is a national commercial real estate association comprised of the largest owners and developers of commercial real estate in Canada including REITs, publicly traded and large private companies, banks, brokerages, crown corporations, investment dealers, life companies, and pension funds which own income-producing real estate. Its members own in excess of C $70 billion in real estate assets located in the major centers across Canada, including retail, office, industrial, hotel, multi-family residential, single-family residential and seniors housing. Although CIPPREC does sell publications such as The Accounting Standards Handbook, which is endorsed by the Canadian Institute of Chartered Accountants, CIPPREC offers free downloads through its site, including: Although CIPPREC's principal mission is to lobby the industry's point of view to governments and research changes relevant to its members, it also develops national real estate standards like those listed above and is the principal sponsor of national annual real estate conferences, which include:
CIPPREC's The Canadian REIT Handbook will be released soon (Winter 2004). Canadian law firm Goodmans LLP has been appointed as author of The Handbook, which is expected to address many complex and challenging issues ranging from convertible debenture financings and open or closed structured conversions to external/internal management models through a broad spectrum of other matters related from legal, tax, financial and business perspectives. This may be a site to bookmark if you see commercial real estate in your future. Published: November 11, 2003 Use of this article without permission is a violation of federal copyright laws. Related Articles:
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