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Morguard's 2018 Real Estate Investment Trends to Watch in Canada
Morguard's 2018 Real Estate Investment Trends to Watch in Canada Canada NewsWire ...
About this update from Morguard Corporation
[{"type":"text","content":"\n\n\n\nMorguard's 2018 Real Estate Investment Trends to Watch in 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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMISSISSAUGA, ON, Feb. 6, 2018\n\n\n\nVigorous demand for Canadian real estate assets shows few signs of slowing in 2018\n\n\n\nMISSISSAUGA, ON, Feb. 6, 2018 /CNW/ - The 2018 Canadian Economic Outlook and Market Fundamentals Research Report released today by Morguard Corporation (\"Morguard\") (TSX: MRC) predicts another year of robust commercial real estate investment activity in Canada, given healthy demand for quality assets across the country.\n\n\"Investors remain enthusiastic about the Canadian commercial real estate market after a record volume of transactions in 2017,\" said Keith Reading, Director of Research at Morguard. \"There is a high supply of capital ready to be invested and Canadian commercial real estate is a proven performer. We are predicting another very busy and competitive market environment across the country in the coming year.\"\n\nThe downtowns of Vancouver and Toronto are expected to remain the most coveted of markets for investment in 2018 but with a limited supply of properties available, investors will be forced to look for opportunities further afield. Suburban Toronto, Ottawa and Montreal are also expected to see strong activity levels in 2018 while Alberta, which had previously depressed country-wide statistics, is also showing signs of reanimation.\n\n\"Intense bidding for a limited pool of downtown properties will force investors to look elsewhere for opportunity,\" said Reading. \"Class A properties in suburban markets, particularly those near transit nodes, will be in high demand. Edmonton and Calgary will also see increased activity as investors look for high-quality assets in a recovering market and economy.\"\n\nIn the retail market, the Sears liquidation announcement will put a damper on near-term fundamentals in the country's shopping centres. The departure will be partially offset by a steady stream of new international entrants to Canada. Reading b...