- Is Canada facing a retail bubble? An average of 11.5 million SF of retail space has been added since 2007 even as retailers are scaling back and switching to online retail
- No other country comes close to North American per capita supply levels will the Canadian retail industry face challenges if demand subsides while growth continues? Read more
Included below are excerpts from the reports:
Canadian Economic Overview:
The Canadian economy has been sending mixed signals during recent months, with some current domestic indicators looking more positive while others are not so encouraging. Read more
Our Q1 2013 Market Dashboards are now available. Read more
Originally posted on the informed tenant's Blog:
The demand side of real estate is often glazed over by real estate companies. We refer to economic conditions, historical statistics and past data sets not ever really being able to quantify the impact on demand. For our 2013 Market Outlook Breakfast we took a hard look at a number of different influences on demand and I was fascinated to discover the extent to which demographics impact the office real estate market.
Consider the following two demographic stats:
- For the first time in history we have more people reaching retirement age than reaching the age to enter the work force.
- Right now, both Baby Boomers and their children are in the work force. We have the largest working age population of any other time in our history- and, apparently we have enough office real estate to house them all.
Demographically, future demand for office real estate is decreasing.
Waterloo Region is one of the more progressive areas in North America – being the smallest region to invest in a light rail transit system and taking significant steps to contain urban sprawl. The governments of the three major cities and the region have taken important measures to ensure sustainable growth. Read more
I was pleased to read a very interesting article featuring the Kitchener-Waterloo area in the New York Times, written by Ian Austen. His article portrays the Waterloo region as a creative hub of new technology, praising the University of Waterloo and its co-op programs Read more
After sitting vacant for nearly 10 years, Colliers was hired to sell the former Preston Springs Hotel. The listing team, comprised of Karl Innanen and Curtis Darling, sold the landmark building in just over one month at nearly 100% of the asking price – a feat many said could not be done.
Why and how are the questions that keep pouring in – here’s the inside track. Read more
Although the global economy is working through challenges, Canada has been a solid performer, in relative terms and our Global Investor Sentiment Survey finds that it is viewed as a highly attractive target for property investment. Read more