Greater Toronto Area Investment Review (Q1 2022)
Investment in the Greater Toronto Area (GTA) commercial real estate market remained elevated in the first quarter of 2022, after record-setting annual and quarterly results were posted in the previous quarter. Buyers’ eagerness to deploy capital demonstrated their confidence in the market’s sound fundamentals and future potential. In a first since the onset of the pandemic, the office sector recorded the highest transaction dollar volume in the GTA, with ICI land and industrial assets not far behind.