Canadian real estate investors are expected to be among the most prolific investors in commercial property south of the border in the next 12 months. That’s according to a market report from law firm DLA Piper which says that Chinese investors and those from the Persian Gulf will also be very active.
The report forecasts that the US will continue to offer a safe haven for real estate investors amid volatile equity and property markets globally. The proportion of real estate executives who are bullish on the global market fell to 62 per cent, from 89 per cent in 2014.
''Despite some concerns by industry leaders, the survey shows that US commercial real estate is viewed by many as a source of strength or, at least, a place of calm and long-term stability amid tumultuous global markets,'' said Jay Epstien, co-chair of DLA Piper's Global Real Estate practice. ''It will be telling to watch how the next six months unfold as real estate executives position themselves to address a whirlwind of opportunities, risks and disruptions facing the US and global markets.''
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