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Canada: Commercial real estate faces pinch

Posted on 22 October 2008

From Globeinvestor.com: The Canadian commercial real estate market will be hit by shockwaves emanating from the economic crisis in the United States next year, according to a report by the Urban Land Institute and PricewaterhouseCoopers LLP.

However in 2009 the Canadian market is more likely to be in for a tough slog rather than the full-blown disaster unfolding in the U.S., according to the report, which included feedback from more than 700 industry members…. Full Article: Source


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