Welcome to Edmonton
Located in Alberta, Edmonton is the provincial capital and serves as the staging point for the large-scale oil sands projects based in the northern part of the province. World-leading oil and gas exploration, production and service companies maintain large operations here and, due to its central location between BC and other Prairie provinces, the city provides a regional transportation link to Asia, the U.S., and Canada’s North while fostering national and international trade.
Edmonton’s position as a leader in global energy markets has led to a diverse, highly-educated, and rapidly-expanding population of more than 1.2 million, which exceeds national averages in income, employment and several other categories. In addition to energy, major industries include tourism, transportation and high-technology, which all benefit from the presence of internally-renowned post-secondary educational facilities. Accordingly, Edmonton has a thriving commercial real estate market, which has displayed resilience to global economic challenges. Thanks to the city’s wide-open landscape, real estate market expansion faces few geographic barriers and benefits from a high level of available land.
Avison Young adopts UN Sustainable Development Goals alignment protocolSeptember 29, 2020Global Investment Management becomes signatory to the UN Principles for Responsible Investment; firm releases 2019 Global Citizenship Report
Edmonton Office Market Report (Q2 2020)August 26, 2020On June 12th, the Provincial Government of Alberta announced their plan to relaunch the economy by implementing Stage 2 of their recovery plan.¹ This stage allows for additional businesses and services to resume operations, while following public health guidelines.
Capital Debt Markets Update Summer 2020July 21, 2020The Avison Young Western Canada Debt Capital Group services Edmonton, Calgary and Vancouver. This creates a unique perspective on how real estate assets are being analyzed and financed.
Avison Young offers flexibility for employees to work remotely through end of 2020May 11, 2020
Capital Debt Market Update Spring 2020Western Canada Debt Capital GroupApril 20, 2020The usual format for our newsletters provides background on the historic direction of interest rates based on movement in key indicators, allowing us to provide some insight on what we see as evolving trends over the short to medium term. Suffice it to say events through March have made such an attempt to be quite futile.
The Future of Retail (March 2020)Adapting to a changing landscapeMarch 18, 2020