Construction Magazine October 2017 | Page 115

CANADA
Colliers participating in the pedal for kids Montreal fundraiser
Canada – a team that can oversee the construction of any large asset like a hospital , for example . Colliers also has a robust IT department that has developed a proprietary countrywide platform , as Dubé explains : “ CRM + allows us to communicate and understand what our colleagues are doing – for example , I can see if a colleague in Mississauga is working with a certain company . It helps our clients too by ensuring a truly joined-up interaction with them .”
Seamless communication across vast distances serves the Canadian real estate industry ’ s new realities . In the past , 10-year leases were common but in the fast-moving tech environment mentioned above , that is too long . Clients are looking for flexibility , short-term leases of five or even three years suit fast growing companies better . Larger companies are also reviewing longterm leases , which , under new accounting rules , are treated as capital assets affecting the balance
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