Search
 

CRE Remains 'Awash in Capital'

Across diverse markets and geographies, investors remain focused on "prime assets in gateway markets,” says Mark E. Rose at Avison Young.

By Paul Bubny | paulbubny | Updated on September 27, 2017

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.