Is 2024 the bottom of the current commercial real estate market cycle? If recent activity is anything to go by, that could be the case. Global property valuation declines continued through the second quarter of 2024, down 6.3% year over year, but the pace of decline is slowing from 7.7% ...
In 2022, the net claims incurred by commercial property insurance in Canada amounted to approximately 5.7 billion Canadian dollars.
Global Insurance Report 2023: Expanding commercial P&C’s market relevance February 16, 2023 | ReportThe nature of risk is evolving faster than ever. Commercial carriers must step up to fulfill the societal desire for resilience in a volatile world by closing protection gaps—or risk losing...
As one of the market leaders in residential andcommercial property insurance, we have forged strong relationships with a wide selection of specialist property insurers and underwriters. No matter the size of your investment, property portfolio, or experience, you can rest assured that our team of ...
Whether you’re buying, selling, or investing, the easiest way to get started in commercial real estate is to readcommercial property blogs, listen toCRE podcasts, and start learning more about your local market through social media groups and market research. ...
Property & Casualty insurance From cyber and D&O to environmental liability, we help our clients with coverage that is tailored to their specific needs. Specialty insurance solutions We offer solutions for risks in the Natural Resources, Construction, Marine, Aviation and Entertainment sectors. ...
Allianz Group announced today that it will serve the global commercial insurance segment as one go-to-market business under the trading name Allianz Commercial.
At UBC we work closely with a range of agent partners including online office brokers and commercial property agents, and our aim is to build long-term, mutually profitable relationships. As demand for flexible office space is rapidly increasing many commercial agencies are reporting an increase in...
Single net lease: The tenant handles paying property taxes and rent. The landlord covers all other expenses. Double net lease: The tenant pays property taxes, insurance premiums, and rent. The landlord takes care of maintenance costs. Triple net lease: This type shifts the most costs to the ...
Under agross lease, the tenant pays only rent, and the landlord pays for the building’s property taxes, insurance, and maintenance. Signing a Commercial Lease Tenants generally are required to sign a commercial lease that details the rights and obligations of the landlord and tenant. The commer...