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Morguard - 2016 Real Estate Investment Trends to Watch in Western Canada
Morguard - 2016 Real Estate Investment Trends to Watch in Western Canada Morguard ...
About this update from Morguard Corporation
[{"type":"text","content":"\n\n\n\nMorguard - 2016 Real Estate Investment Trends to Watch in Western Canada\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\nMorguard - 2016 Real Estate Investment Trends to Watch in Western Canada\nCanada NewsWire\nMISSISSAUGA, ON, Jan. 18, 2016\n\n\n\nMISSISSAUGA, ON, Jan. 18, 2016 /CNW/ - Western Canada's near-term commercial property market performance will show significant regional variations in 2016.  While Vancouver is expected to outperform, both economically and from a commercial real estate sector standpoint, the energy sector correction will limit progress in Alberta with modest economic recovery expected in 2016.\n\n\"The oil slump is expected to have less of a negative impact on Western Canadian economic activity in 2016, which bodes well for the commercial property sector,\" said Keith Reading, Director of Research at Morguard. \"In Calgary and Edmonton, conditions will soften in early 2016, with stabilization anticipated in the back half.  On balance, real estate remains an attractive investment alternative for investors as low interest rates and a low Canadian dollar will foster continued healthy returns.\"\n\nIn the 2016 Economic Outlook and Market Fundamentals Research Report released today by Morguard Corporation (TSX: MRC), the company published a detailed analysis of 2016 real estate trends to watch in Canada. The full Report is available at www.morguard.com. \n\n2016 Investment Market Highlights - Western Canada\n\n\nThere will be a healthy supply of low-cost debt and equity funds available in 2016, which will support transaction volume that should range close to the long-term average of $7.5 billion. \nProperty values will remain close to the peak for the region's highest quality assets, although averages will likely decline in Alberta. \n2016 investment performance will be largely income-driven, as property values continue to flatten. \nInvestors with existing commercial real estate portfolios in Western Canada will look to boost income levels in order to achieve overall performance upside by adjusting leasing strategies and enh...