Mark Rose at Avison Young “investors are continuously looking to diversify across product types and geographies,” leading to a climb “up the risk ladder,” says Rose.

TORONTO—Although regional performance varies on a year-over-year basis, “The commercial real estate sector remains awash in capital; and despite varying global economic, political and property market conditions, including the ongoing interest-rate scenario, there is no better place to put your money than in hard assets,” says Mark E. Rose, chair and CEO of Avison Young. “In short, real estate has established itself as a real alternative asset class to stocks and bonds.”

That being said, the six major markets of Canada—including Toronto, where AY is based—saw Y-O-Y sales volume gains of 29% for the first six months of this year, while US lagged the year-ago period by 12%. Yet across the 54 global markets which AY tracks, including 38 in the US, key themes resound.

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