Blackberry has been making waves in the news yet again, and this time it’s involved with commercial real estate. As reported by The Globe and Mail and multiple other news outlets, the company has decided to sell the vast majority of its commercial real estate holdings, keeping only its headquarters in Waterloo, Ontario. According to
2013 is now officially over, and with it, quite possibly some of the trends that had manifested themselves throughout the year. Last year was characterized by rising long-term interest rates, as well as a boom in office development and pension funds. Looking forward to 2014, The Globe and Mail recently spoke to several industry leaders
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