Greater Montreal investment review

H2 2025

Montreal winter

The Greater Montréal Area (GMA) demonstrates stability and resilience. 

Investment volume increased by 35% between 2024 and 2025. Volume for multi-residential assets jumped by 105%, industrial assets declined sharply by 31%, while sales of shopping centers rose by 48%. Improving demand for office space is reflected in a 22% rise in transaction volume this year. Across the country, in‑person work continues to gain ground.
$10.1B

Investment volume for 2025

For the first semester of 2025, the total volume of transactions amounted to $10.1 billion.
35%

Year-over-year increase in GMA investment volume

Investment activity in the GMA increased by 35% in 2025 compared to 2024.
57%

Sales concluded by Canadian private investors

Canadian private investors account for 57% of all transactional volume of 2025.

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