We are pleased to announce that Grant Thornton LLP and AEC Property Tax Solutions have entered in to an alliance agreement that will bring increased service offerings to our real estate clients.

AEC Property Tax Solutions is a leader in providing tax management and tax minimization and recovery services, helping clients maximize property value and minimize occupancy costs. In business for over 40 years, they have offices across Canada and their clients’ real estate portfolios include corporate offices, distribution facilities, manufacturing assets and retail outlets in both owned and leased locations.

This agreement brings additional services to the already broad list of insight and experience we bring to help our client’s growth. Please contact Bo Mocherniak, National Construction Real Estate and Hospitality Leader, if you would like more information.

Real estate, construction and hospitality | Owning real estate

If you own real estate, chances are you frequently find yourself facing the same set of issues.

Whether you’re a privately held business, an asset management company or a pension plan, or a publicly held operation, such as a Real Estate Investment Trust (REIT), keeping up with current accounting standards, financing options and tax planning strategies can be overwhelming.

At Grant Thornton, we offer a wide range of services to help eliminate the burden associated with owning and managing a property, so that you can focus on making your investment grow. Some of the areas we can help include 

Emerging accounting issues
We’re on top of changes to accounting standards, and can walk your company through the necessary International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE) requirements—helping make sure that you’re both prepared and compliant.

Financing alternatives 
Different types of properties require different financing offerings. We can help you decide whether a bank, private lender or public offering (IPO) has the best financing options to suit your particular needs.

Enterprise Risk Management (ERM)
Without sophisticated ERM policies in place, it’s almost impossible for a company to adequately ensure all compliance, fraud, IT services and internal audit needs are met. We have the experience and know-how to help ensure no stone is left unturned.

Tax planning
In today’s constantly-changing tax environment, it can be difficult to keep up. We can help you ensure your company is up-to-date on a variety of tax issues, such as the Harmonized Sales Tax (HST), as well as assist you in negotiating the complexities surrounding transfer pricing and international tax planning. If you’re an international company looking to invest in Canada, we can help you navigate Canada’s tax system and offer guidance in the realm of tax structuring.

Feasability Studies
We can help you determine whether you are getting a fair return on your investment and look at your expected rate of return.

REIT-specific issues 
REITs frequently have different—and sometimes more complex—needs than privately held businesses. We can help with rules surrounding specified investment flow-through trusts (SIFTs) as well as CEO and CFO certification for financial statements.

Appraisal services 
Through our Quebec member firm Raymond Chabot Grant Thornton, we have access to the required resources and expertise to offer appraisal services across Canada. The group’s standardized reporting practices, group data sharing and specialized software programs allow for extensive national appraisal assignments to be conducted quickly and efficiently.