Entries by macommercial

CBRE predicts record $50 billion investment for commercial real estate this year

TORONTO – Canada could see a record-breaking $50-billion worth of investment in commercial real estate this year as economic tailwinds and immigration policies support the booming sector, according to a report by CBRE, but it says the strong economy is also creating challenges of affordability and supply. The commercial real estate services firm said Tuesday […]

Dueling multifamily proposals offered for Montreal’s Canada Malting site

The fate of the long-defunct Canada Malting facility along the Lachine Canal in the Saint-Henri section of Montreal is the subject of rival proposals for multifamily housing, one from a real estate development firm seeking a traditional condominium complex and the second from an advocacy group proposing a community-based project. The Canada Malting site was […]

Former niche CRE investment is now big business

Commercial real estate is frequently influenced by changes in the wider business world and one big change is driving interest in a formerly niche asset class. Data centres are now a cornerstone of business and $100 billion has flowed into the asset class in the last decade according to a new report from Cushman & Wakefield. These […]

The Top 5 Commercial Real Estate Trends of 2019 – CBRE

It’s safe to say that 2019 marked the end of an unprecedented decade for Canadian commercial real estate. Backed by strong fundamentals, transaction volumes reached a 15-year high of $49.3 billion in 2018, as cap rates compressed to 10-year lows. While most property types have performed well, industrial has exceeded all expectations, as e-commerce demand […]

Canadian CRE set to perform well overall in 2020

This year should be a good one for Canada’s commercial real estate sector with overall strong performance. The 2020 Commercial Real Estate Sentiment Survey from Devencore and Transwestern Commercial Services surveyed brokers and analysts across 43 North American offices to gain insights for the Canadian and US markets in 2020. South of the border, there […]

BC commercial activity remained stable in the third quarter

Provincial economic conditions in British Columbia continued to slow in the third quarter of 2019 with weakness in some sectors. But the overall picture for commercial real estate was stable despite a slight drop in the Commercial Leading Indicator (CLI) from the British Columbia Real Estate Association. The index slipped to 135.3, the same level […]

CBRE: Lenders are feeling optimistic ahead of 2020

A survey of lenders has revealed strong sentiment for commercial real estate lending as the new year approaches. CBRE’s Canadian Real Estate Lenders’ Report found that most respondents plan to maintain or increase allocations to real estate lending in 2020. The past three years has seen near-record investment in Canadian CRE and this is boosting […]

Canadian commercial investment should begin looking further

Would-be investors in Canadian commercial real estate should begin considering markets beyond the usual hotspots of Toronto, Montreal, and Vancouver if recent trends south of the border are any indication. The tech industry’s sustained hunger for Canadian offices is gradually depleting available urban office space. The examples set by some U.S. cities might provide a […]

Why CRE investors should consider niche assets

Investors in commercial real estate should consider more than the mainstream asset classes and go niche. That’s the takeaway from a new report from global real estate firm Cushman & Wakefield that highlights the benefits of investing in niche assets. These assets include cold storage, data centers, medical offices, student housing, and senior housing. The […]