2013 saw a distinct trend in commercial real estate in the city of Vancouver. As reported by the Vancouver Sun, investors have been slowly moving away from office space to more retail based real estate, in deals of $10 million and more. Offices, in fact, lost 48% investment, while retail gained an impressive 95%. Colliers
The Vancouver Sun recently reported that Canadian companies have been increasingly acquiring commercial properties in the USA. Canada has outpaced all other countries in US real estate investment, even the entirety of Europe. This is primarily due to the lack of investments at home. Canadians have, in fact, bought $27 billion USD more in property
The Globe and Mail very recently reported that the optimism surrounding commercial real estate in Canada might soon be coming to an end. Confidence has begun to shrink as the reality of the state of the economy starts to set in. These findings were accumulated by the Real Property Association of Canada, using factors such
It seems that the historically low interest rates and greater economic confidence in Canadian commercial real estate has proven to be a bit of a double-edged sword. The Globe and Mail reports, however, that this escalated demand is causing a serious supply shortage in the market. This has resulted in a deterioration of sales across
The Globe and Mail recently reported that midtown Montreal is going through a bit of a transformation. The Park Extension area, located right in the middle of downtown and suburban Montreal, is a primarily industrial area. Multiple dilapidated buildings, however, are being torn down and replaced with contemporary structures. The purpose of this restructuring is
The Vancouver Sun recently reported that the city has got off to an excellent start in 2013 in the commercial real estate sector. In fact, with the first half of the year resulting in $724 million worth of investments across 58 transactions, demand is at near-record levels. This level of transaction is the highest the
The Globe and Mail published an interesting article recently. They indicated that this year sees the 20th anniversary of Canadian real estate investment trusts, better known as REITs. Born out of the commercial real estate collapse of the early 1980s and 1990s, REITs became an alternative to prospective investors who had little else to rely
An interesting article in the Financial Sense pointed out that there was once a time when the farming sector was a booming economic sector. As recently as the 1950s, the farming sector employed 20% of Canada’s workforce. Over the years, however, industrialization took its toll, and farming gradually became a diminishing market. Both in terms
The real estate market in Canada is a rapidly changing industry, with new technologies and software transforming how the market works. However, it is important to remember that behind this ground-breaking progress lies human intellect. These are the people who use their intellect and ambition to drive the progress of the market forward. The Financial
The Calgary real estate market saw a 28% rise in investments from the previous quarter, reaching a significant $925.52 million. However, the actual number of transactions was down by 16%. It would appear that Calgary has been relying more on the bigger investments, 94 of which totalled over $1 million. Out of all transactions, the