Since the official start of the pandemic in March 2020, Toronto’s downtown has been nothing short of a deserted wasteland. The retail and office CRE sectors saw little activity in the past year and a half, with the majority of the population keeping their distance, isolating, and working remotely. While historically high vacancy rates left …
Photo credit: Unsplash Since the start of the pandemic, the Canadian CRE market has experienced some significant changes. We’ve seen a rise in demand for industrial solutions like warehousing and an unexpected rise in interest in residential and multi-family real estate in suburban environments. However, the urban environments have experienced heavy blows. The urban office …
The Canadian Commercial Real Estate (CRE) market seems stronger than ever, despite all the ongoing pandemic challenges. New opportunities to strengthen investment portfolios continues to be available for Canadian CRE investors. Multifamily real estate properties are some of them. Canada’s Housing Market Is Hot! When COVID hit, many experts predicted a decline in home prices …
No other sector was quite as affected by the COVID-19 pandemic as office and retail. Imposed business closures, shorter working hours, requirements for working from home, and social distancing restrictions disrupted the two sectors and completely altered their daily processes. While many are skeptical about just how soon things will return to normal, some industry …
Photo Credit: Pexels Due to COVID-19 health concerns, many businesses across Canada are operating at a limited capacity. Some provinces in the country, just this month, closed non-essential stores to prevent the further spread of the virus. That accelerated the growth of online shopping, takeout orders and the need for more delivery service. Now retailers …
Photo Credit: Pixabay The Canadian commercial real estate (CRE) market’s growth doesn’t seem to be slowing down. According to several sources, Canadian CRE executives are optimistic about 2021. A survey by PwC/ULI shows that 83% of the Canadian respondents believe that 2021 will be an excellent year for real estate investments, as oppose to 55% …
Photo Credit: Pixabay The Canadian CRE sector has been growing for years, managing to remain strong despite the ongoing pandemic. According to Andy Warren, a PwC real estate research director, Canada’s CRE executives are highly optimistic about 2021 as well. In collaboration with Urban Land Institute (ULI), PwC conducted a survey on emerging real estate …
Even with the COVID pandemic going on Canadian real estate market continues to develop and grow. Particularly the retail CRE (commercial real estate) sector has experienced significant growth during this year, many investors see a large potential for profit within Canada. It’s no secret the pandemic has impacted the market unexpectedly but this is a …
Although we’re still a couple weeks shy of the holidays, Canadians are already feeling the holiday spirit. Gift shopping is in full swing as more and more people are visiting their local malls and plazas, no doubt with the intention of beating the holiday rush. Not to be outdone, retailers are restocking the shelves and …
Walmart has been growing within Canada for a while now, consistently grabbing new commercial real estate “CRE” opportunities all over the country. With how Wal-Mart’s Canadian portfolio seems to grow every day, this is great news for their further growth. New brick-and-mortar and online stores are coming up out of the woodworks everywhere to bring …