Concern is growing over the sustainability of prosperity growth in the commercial sector.
The Canadian Real Estate Sentiment Survey
from the Real Property Association of Canada (REALpac) and FPL Advisory Group says that although the economy is improving international conditions are not so bright and low interest rates and readily-available debt are not guaranteed to last in the longer term.
There is also a question over older commercial property; will there be enough tenants to fill the vacancies created as businesses move into new buildings?
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