Toronto, Ontario – Canada

Healthy commercial real estate market fundamentals continue to drive investment activity in the Greater Toronto Area. Sales of office, industrial, retail, multi-residential and land properties in the first half of 2013 reached $6.5 billion, up 15% over the same period in 2012 – capturing 45% of the Canadian tally. Portfolio transactions boosted sales, and though cap rates remain low, compression appears to have moderated for some property types.