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Canada: Investors upbeat about commercial real estate market

Posted on 09 November 2010

From Canada.com: Major commercial real estate players say the market has hit bottom and they are preparing to add to their portfolios, according to Colliers International. Expecting the market will rebound over the next 12 months, eight in 10 Canadian respondents to a global survey of 200 major real estate investors with a combined portfolio of $710 billion said they expect to expand or rebalance their portfolios as a result.
Colliers, a global real estate services company, said Canadian players see good opportunities investing at home, with Toronto at the top of their list and 26 per cent of investors listing it as their preferred investment destination. It was followed by Vancouver (18 per cent), Calgary (14 per cent), Ottawa (nine per cent) and Montreal (seven per cent)……………………………………….Full Article: Source


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