The continued strength in Canada's real estate industry, along with the expectation of low interest rates in the medium term, should provide added appeal for investors looking for income-producing commercial real estate properties, according to a new report from BMO Economics.
Hammered by poor returns, pensions turn away from public equities.
Coverage of the 2012 Real Estate Investment Summit
The Healthcare of Ontario Pension Plan (HOOPP) is a $40-billion pension plan, with real estate making up 12.5% of that asset base.
Insights from the 2012 Real Estate Summit.
Morguard's Stephen Taylor on why plan sponsors should consider real estate in Canada.
The 2008 economic crisis re-shaped the global financial landscape. Investors who were negatively impacted as a result of having assets tied up in illiquid investments are understandably concerned about a repeat scenario.
Michael Rizzello, senior portfolio manager with Canada Post, says that when it comes to real estate, there are three characteristics to consider before investing: cash flow, location and quality of asset.
Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, has acquired 73.2% (with an option to acquire the remaining portion) of Shopping Golden Square, a shopping centre under development in the area of São Paulo, Brazil.
The Canada Pension Plan Investment Board (CPPIB) has made an equity commitment of US$355 million to develop and acquire several U.S. apartment complexes.