Perspective: Q2 2019 Commercial Real Estate Cap Rates In Major Canadian Markets
Stuart Barron • 8/27/2019
Uncertainty is the watchword of the day as world economies grapple with trade wars, Brexit, political turmoil and weakening economic fundamentals.
Still, there are several silver linings that are expected to extend the growth cycle for Canada’s commercial real estate markets. The most significant of these is the emerging downward trend in interest rates. On July 31, the Federal Reserve Board cut 25 basis points off its benchmark overnight lending rate. This about-face on interest rate policy aims to stimulate the overall U.S. economy in the face of weakening global economic conditions. Of relevance to Canadian investors, the Bank of Canada is expected to follow suit, and cut interest rates by 25 basis points before January 2020.
Research • Industrial
Canadian industrial real estate markets are undergoing transformational change in response to the rise in e-commerce, driving unprecedented growth across key gateway markets. The result is historically low availability rates and rising rental rate pressure.Stuart Barron • 2/26/2019
Research • Hospitality
Cushman & Wakefield’s Valuation & Advisory Hospitality & Gaming Practice Group provides consulting and valuation services for new and existing hotel properties across the globe. We are pleased to share our latest Canadian Lodging Industry Overview for 2019 and beyond.Brian Flood • 1/20/2020