Viewpoints

Northern Exposure: An Effervescent Canadian Real Estate Scene

Posted on July 22, 2012 in Viewpoints by admin

By Bashar Ellayan

NAREIM traveled to Toronto, Canada this week to connect with NAREIM members and interface with our sister organization Real Property Association of Canada (REALPAC).

A striking contrast to economic conditions in the U.S., Toronto’s real estate is positively effervescent as a newly expanded jungle of glass towers rises in a sophisticated urban landscape that buzzes with activity.

During a breakfast round table discussion with business leaders, a few insights were an interesting contrast to much of the rest of the world:

These are interesting times for Canada and Canadian real estate investors.