Thursday, June 26, 2014

Prefered markets for Canadian Commercial Investors

GlobeSt.com interview with Brian Ward, president ofColliers International’s Capital Markets group in the Americas.
Ward: Canadian investors are 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 more Canadian investors going global like many US private equity funds, and are now aggressively competing for product in the UK and Western Europe.

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