Greater Toronto Area Commercial Real Estate Investment Review (Q3 2020)

Greater Toronto Area Commercial Real Estate Investment Review (Q3 2020) 20 Oct 2020

Uncertainty around the pandemic’s long-term impacts on commercial property in the GTA continues to weigh heavily on investors. While each sector has its challenges, industrial and (to a lesser degree) multi-residential assets have been the favourites. Meanwhile, the bid-ask gap has widened for certain asset types and locales, resulting in a material change in capitalization rates.