Canada’s real estate industry continued to see a high level of activity with more than $34 billion invested in 2018. The industrial sector led the way, with more than $8 billion in sales, as the retail industry continued transitioning from brick and mortar locations to online sales. There has been a subsequent shift in their real estate needs to facilitate their evolving storage and distribution operations. Additionally, the office and multi-residential sectors saw particularly high levels of investment in 2018. This comes as no surprise as these areas are experiencing record high rents and occupancy levels.
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