Canadian Commercial Real Estate is “A-List”
A new report from CBRE showed that in an increasingly uncertain world, the Canadian Commercial Real Estate market is a beacon of stability for domestic and foreign investors alike. A new report showed that Canadian Commercial Real Estate is on the shrinking “A-list” as many previously competitive countries markets have fallen from grace due to political instability. “The level of uncertainty that we see globally is at an all-time high. I would include geopolitical uncertainty and economic uncertainty,” said Paul Morassutti, executive vice president and executive managing director for CBRE in Canada.
The Canadian Commercial Real Estate market experienced a record breaking $34.7B in property exchanged in 2016, a similar volume is expected in 2017.
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