ULI Toronto and PwC hosted a trends event in November to present the latest findings for Toronto and the rest of the Canadian market, including a keynote by Andrew Warren, director of real estate research for PwC.
From the executive summary for Canada of Emerging Trends in Real Estate® Canada and the United States 2018:
As high-quality commercial property grows more scarce and prices continue to rise, some investors are beginning to look elsewhere for opportunities that could offer superior returns. As one interviewee put it, “During each economic cycle, there are opportunities to seize. You must know how to spot them.”