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Tech Industry Strengthens Canadian Commercial Real Estate Market

Tech Industry Strengthens Canadian Commercial Real Estate Market

The booming tech industry may lead to more commercial construction as developers and landlords look to capitalize on growing demand for office space, suggests Jones Lang LeSalle, a real estate services firm. In Vancouver, Toronto, Kitchener-Cambridge-Waterloo and to an extent Montreal, expansion in local tech industries is leading to tighter vacancy rates for offices, says […]

Canadian Commercial Real Estate Swarmed By Foreigners

Canadian Commercial Real Estate Swarmed By Foreigners

In its latest report, CBRE Canada stated that foreign investors continue to play a major part in energizing the country’s commercial real estate segment, accounting for $3 billion worth of purchases in the third quarter of the year alone. CBRE added that approximately 90 per cent of the amount was used to buy hotels across […]