Business
Morguard - 2014 Real Estate Investment Trends to Watch in Eastern Canada
MISSISSAUGA, ON , Feb. 6, 2014 /CNW/ - After a broadly positive year of real estate perf...
About this update from Morguard Corporation
[{"type":"text","content":"\n\n\nMISSISSAUGA, ON, Feb. 6, 2014 /CNW/ - After a broadly positive year of\n real estate performance in Eastern Canada last year, Morguard expects a\n repeat performance for 2014. Eastern Canadian markets like Toronto,\n Ottawa, Montreal and Halifax are expected to benefit from the broader\n economic trend, which should in turn boost the performance in the\n region's property markets. Investors will continue to try to expand or\n establish a footing in these markets, given their history of investment\n performance. Both income and capital trends will continue to stabilize,\n with the potential for further growth a distinct possibility.\n\n\n\"Eastern Canadian property markets will continue to be a source of\n stable and attractive investment yields and cash flow over the near\n term,\" said Keith Reading, Director of Research at Morguard. \"Property\n values should range at, or close to, the peak for well leased assets in\n prime locations, with performance being buoyed by ongoing access to\n relatively low cost debt and equity funds.\"\n\n\nMorguard Corporation (TSX: MRC) (\"Morguard\") released its 2014 Canadian\n Economic Outlook and Market Fundamentals Research Report. The 16th Annual Research Report contains economic, demographic and capital\n market influences and trends and forecasts for each real estate\n property class, both on a national and metropolitan level. The detailed\n findings can be used to develop individual asset or portfolio decisions\n that can drive the success of individual organizations or investors, by\n maximizing their return on investment.  To download the Report go to www.morguard.com.\n\n\n2014 Real Estate Investment Trends to Watch in Eastern Canada\n\n\n\nSolid fundamentals will continue to characterize Eastern Canada's\n property markets in 2014, buoyed by a stronger economic growth outlook.\n\n\nProperty values will continue to range close to the peak, supported by\n robust demand, low cost equity and debt financing, and increased\n institutional allocations.\n\n\nIncome performance will stabilize, with growth potential in certain\n asset classes and locales.\n\n\nLeasing fundamentals will also exhibit positive trends, although\n softening may occur in, for example, Ottawa's office market.\n\n\nConstruction activity will rise over the next few years. In the office sector, development ac...