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Morguard Research Report Says Foreign Investors Continue to Seek Stability in Canadian Commercial Real Estate
Morguard Research Report Says Foreign Investors Continue to Seek Stability in Canadian Com...
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[{"type":"text","content":"\n\n\n\nMorguard Research Report Says Foreign Investors Continue to Seek Stability in Canadian Commercial Real Estate\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 Research Report Says Foreign Investors Continue to Seek Stability in Canadian Commercial Real Estate\nCanada NewsWire\nMISSISSAUGA, ON, July 25, 2016\n\n\n\nMISSISSAUGA, ON, July 25, 2016 /CNW/ - Despite Canada's tepid economic growth forecast, foreign investment continues to stimulate the real estate market as investors look for stability. Morguard Corporation's (TSX: MRC) (\"Morguard\") second quarter 2016 Economic Outlook and Market Fundamentals Report points to Canada as an attractive market for foreign capital investment, due to the relative stability of the property sector coupled with the low Canadian dollar, resulting in strong investment interest across the country, specifically in Vancouver, British Columbia and Toronto, Ontario.\n\nQ2 2016 Key Findings\n\n\nEquity markets have stabilized after Brexit turbulence; the impact in Canada will remain modest \nCanada's low dollar, coupled with strong demand, continues to drive prices of high quality real estate assets \nDespite the forecasted erosion of office leasing fundamentals due to increasing supply, investors continue to find value in the sector, specifically in primary markets including: Vancouver, British Columbia, Toronto, Ontario and Montreal, Quebec \nThe rapidly changing retail environment is resulting in both opportunities and challenges for owners, managers and tenants. \n \n\nTo download the second quarter 2016 Economic Outlook and Market Fundamentals Report, visit http://www.morguard.com.\n\nBrexit Impact Modest for CanadaGlobal equity markets have fully recovered from the initial shock of the United Kingdom's referendum result to leave the European Union. Moving forward, global equity markets are expected to gradually stabilize over the balance of 2016. For Canada the impacts will be modest.  Despite being Canada's third largest trading partner, the United Kingdom accounts for only about three per cent of the country'...