Prefered markets for Canadian Commercial Investors
GlobeSt.com interview with Brian Ward, president ofColliers International’s Capital Markets group in the Americas.
Ward:Canadian investorsare no different than any other sophisticated global investor. They want a couple things: markets in geographic proximity to their home turf, such as Seattle, Chicago, Boston, New York and coastal markets that offer the best opportunities for strong real wage growth and demonstrated multiple exit strategies, such as San Francisco, Southern California,, Washington, D.C., and South Florida. Note that I am seeing moreCanadian investorsgoing global like many US private equity funds, and are now aggressively competing for product in the UK and Western Europe.