Morguard Corporation released its 2019 Canadian Economic Outlook and Market Fundamentals Report. The report, Morguard’s 21st annual edition, states that activity levels and consumer appetite for quality Canadian real estate assets steadily increased in 2018, with strong indications for a positive outlook for 2019. “Canadian commercial real estate has proven to be an attractive asset class for various investment groups recently, a trend that will continue into 2019,” said Keith Reading, Director of Research, Morguard. “Over the past 18 months, investors placed capital into the market with confidence, resulting in record-high sales volume. The market shows no signs of slowing, as investors continue to show interest in core and core-plus quality properties with strong tenant profiles in Canada’s major urban centres – while site intensification and repositioning opportunities continue to shape the Canadian real estate landscape.”
The full report, with regional insights and video, is available on Morguard’s website: https://www.morguard.com/news-knowledge/research/