Business
Foreign and Domestic Real Estate Investors Continue to Look to Thriving Regional Markets to Build Their Portfolios
Foreign and Domestic Real Estate Investors Continue to Look to Thriving Regional Markets t...
About this update from Morguard Corporation
[{"type":"text","content":"\n\n\n\nForeign and Domestic Real Estate Investors Continue to Look to Thriving Regional Markets to Build Their Portfolios\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nForeign and Domestic Real Estate Investors Continue to Look to Thriving Regional Markets to Build Their Portfolios\nCanada NewsWire\nMISSISSAUGA, ON, Nov. 4, 2016\n\n\n\nOntario and British Columbia remain key markets for real estate investors\n\n\n\nMISSISSAUGA, ON, Nov. 4, 2016 /CNW/ - Morguard Corporation (TSX: MRC) (\"Morguard\") released today its third quarter 2016 Economic Outlook and Market Fundamentals Report – a behind-the-scenes look at the trends and activity in the Canadian investment real estate market. \n\nDespite uncertainty in Canada's economy, the Canadian real estate market continues to attract high levels of domestic and foreign investment. Although the cost of investing in the sector is high, particularly in the commercial office asset class, there remains strong competition for high quality assets – largely due to a lack of stable alternative investment opportunities. \n\nQ3 2016 Key Findings\n\n\nStock markets rebounded from Brexit to return record performances – impacts were minimal in Canada \nCanada's economy contracted slightly over the second quarter, largely due to the Alberta wildfires and slowdown in oil sands activity \nDomestic and foreign investor confidence continued to provide healthy liquidity in the third quarter, keeping with this year's trend \nMulti-suite residential is a popular choice for investors, and is expected to remain as such for the foreseeable future \nCanada's office leasing market is fragmented, as centres directly tied to the overall economy, like Toronto and Vancouver, show strong performance \nCanada's industrial property sector continues to exhibit broadly healthy leasing market fundamentals, with only Calgary and Edmonton registering weakness\n\nTo download the third quarter Economic Outlook and Market Fundamentals Report, visit www.morguard.com \n\nInvestor Confidence Continues to Support Strong Performance of Canadian...