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Real Estate Investment Surges to Record With Canada Rebounding – Bloomberg

Real Estate Investment Surges to Record With Canada Rebounding – Bloomberg


Real Estate Investment Surges To Record With Canada Rebounding Bloomberg

Canada saw record investment in commercial properties in the second quarter as the easing of the Covid-19 pandemic pushed buyers and sellers off the sidelines.

With the country’s economy rebounding, C$14 billion ($11 billion) worth of commercial real estate changed hands in the three-month period, a 29% increase over the previous quarter, according to a report Monday from commercial brokerage CBRE Group Inc.

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Harry Miller is a writer and editor based in Toronto with 14 years of experience in the journalism industry. Before joining Canada News Media as a National Online Journalist, Miller worked as a senior writer and a reporter-editor with the Canadian Press and as a breaking news reporter with the Toronto Star. At Canada News Media he covers national news and the trending stories Canadians are searching for. Miller holds two bachelor's degrees, one in journalism from Ryerson University and another in communications and film studies from Carleton University.

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