27
CANADIAN INVESTORS: PRIMARY INVESTMENT FOCUS (NEXT 12 MONTHS)
OFFICE CBD 60 SHOPPING CENTERS 60
% OFFICE SUBURBAN 40 OPPORTUNISTIC 20 RESIDENTIAL 0 DEBT 0
INDUSTRIAL AND LOGISTICS 60 RETURN OF CROSS-BORDER INVESTORS
Canadian investment volumes for the office, industrial and retail deals above US$7.5 million stand at approximately US$7.2 billion for 2014 year-to-date, representing a 57% decrease on the same period in 2013.
Offices remained the dominant asset class, accounting for approximately US$3.2 billion or 44% of overall transaction volume, which is a 26% decrease on the same period in 2013.
This year has seen the return of cross-border investors, with buyers from the US accounting for 18 buildings, or US$539 million in office properties, in addition to Ponte Gadea’s notable acquisition of 150 Bloor Street West, Toronto in June for approximately US$235 million.
Ponte Gadea is owned by Spanish high net worth investor Amancio Ortega and further supports the positive sentiment surrounding the attractiveness of Canadian real estate to both domestic and international capital pools.
While institutional investors remain the dominant buyer group so far this year, accounting for approximately 38% of volumes, a marked shift has been noted. Dropping off from a 56% office market share in 2013, institutional buyers have been replaced in a large part by the emergence of private capital, which has increased to 15% in 2014 from 9% in 2013.
Institutional buyers have been replaced in a large part by the emergence of private capital || Adam Kosoy
2015 GLOBAL INVESTMENT SENTIMENT REPORT COLLIERS INTERNATIONAL DEVELOPMENTS 40 LAND 20 HIGH STREET RETAIL 20 HOTEL 0 LEASEHOLDS 0
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56