Canada’s commercial market borrowing and investment activity are poised for recovery and growth in 2022, according to Morguard.
The resurgent activity will come in the wake of the “anticipated post-pandemic full economic reopening,” and is expected to build on this year’s strong investment performance. The 2021 robustness was particularly apparent in the industrial and multi-residential segments, Morguard said.
“Multi-suite residential rental and industrial properties are anticipated to continue outperforming when compared to office and retail assets,” said Keith Reading, director of research at Morguard. “As the economic picture improves in 2022, investors will broaden their investment horizons in 2022 by looking to increasingly acquire office and retail assets.” #SANDI HALPERN # SOLD # LEASED # COMMERCIAL REAL ESTATE MARKET