1、NationalInvestmentForecast2024CANADACanadas commercial real estate industry was resilient in 2023.Healthy fundamentals across most property types and markets held,despite rapidly rising interest rates curbing investment activity.These healthy performance metrics,along with the expectation that borro

2、wing costs have peaked,are set to provide some optimism for investors over the coming year.Stabilizing financing conditions will aid in price recalibration,while record levels of deployable investment capital are currently sidelined,waiting for uncertainty to abate.These factors should align to boos

3、t sales activity over the course of the year.Industrial properties are expected to remain a preferred investment option.Limited supply,ongoing e-commerce activity,and nearshoring should all support performance.Multifamily assets will also continue to gain investor attention.Immigration is set to rea

4、ch new highs,while homeownership challenges remain,furthering the need for apartment rentals.Lastly,necessity-based,neighbourhood retail will generate positive sentiment,due to the sectors stability and its role in servicing communities seeing strong population growth.The uptick in immigration expec

5、ted this year will also benefit Canadas economy.This influx of new residents,combined with declining borrowing costs,will provide a boost to consumer spending.While growth is expected to be modest,commercial real estate should be well-positioned to benefit,given limited supply and ongoing demand acr

6、oss the property spectrum.As the coming year unfolds,opportunities are set to rise for both buyers and sellers.We hope this report provides useful insights to help you define your investment strategies and navigate the emerging landscape.As you adapt to ongoing and evolving trends,our investment pro