Insights

The commercial real estate sector continues to face lingering risks, particularly within the office segment, where escalating interest rates could lead to higher capitalization rates amid global geopolitical tensions. Despite these challenges, the probability of a recovery after two years of negative performance has substantially grown, supported by the robust fundamentals of Canada’s industrial and […]

With a softening economy, stable labour market, and inflation measures looking quite tame, the Bank of Canada may feel better about the restrictiveness of their policy and could in fact begin to ease off if further softening persists. A material risk to a rate cutting cycle beginning in 2024 is an “Inflation Revival” scenario that […]

Fiera Capital forecasts a 55% probability of ‘stagflation’, where economic growth slows, and inflation remains high, prompting policymakers to ease tightening measures. This scenario could lead to a wage-price spiral, pushing inflation higher and possibly causing more aggressive rate hikes, ultimately stalling the economy. Risk assets may see reduced valuations, but not as severely as […]

Canadians have a reputation for politeness and tend not to boast. This humble approach should be set aside for the benefit of global real estate investors – the merits, track record, and the prospects of Canadian real estate should be trumpeted now more than ever. The Canadian real estate market has demonstrated stronger overall performance […]

The prospects for commercial real estate are currently clouded by several factors, including the lingering effects of the Pandemic, increasing interest rates and capitalization rates, and ongoing geopolitical uncertainty. These conditions present a challenge for the industry, like other asset classes. However, despite these challenges, the underlying fundamentals of real estate remain strong, in the […]