Source: Financial Post

CBRE is forecasting an increase in commercial real estate transactions for 2017, which are expected to top $40 billion, compared to $34.7 billion in 2016. With low availability rates and what is perceived as a stable economic and regulatory environment, Canada is increasingly viewed as a relative safe haven for global investors.

“Solid market fundamentals are giving a greater number of investors confidence not only to bid on Canadian commercial real estate assets, but bid aggressively, which has led to sharp increases in asset prices.”

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