Previous WeekAugust 5 - August 11, 2010 Week 32Next Week
../Morning Post
Posted August 11 , 2010
____________________
Market

Following three quarters of improvement, the optimism of Canadian commercial real estate leaders has declined slightly

TORONTO - The Real Property Association of Canada (REALpac) and FPL Advisory Group announced the results from the Third Quarter 2010 REALpac / FPL Canadian Real Estate Sentiment Survey. The survey is the industry's most comprehensive measure of senior executives' confidence in the Canadian commercial real estate industry. This quarter, the survey captured the thoughts of 47 senior real estate executives, including CEOs, presidents, board members, and other executives from a broad set of industry sectors including owners & asset managers, financial services providers, and operators & related service providers. The quarterly survey measures executives' current and future outlook on three topics including (1) overall real estate conditions, (2) access to capital markets, and (3) real estate asset pricing. Survey respondents represent the retail, office, industrial, hotel, multi-family, residential, and seniors residential asset classes.

Topline Findings

Following three quarters of improvement, the Sentiment Index has declined slightly both in Canada and in the United States. While market conditions appear to have stabilized, optimism regarding continued improvement has abated. Asset values have rebounded, driven primarily by investor demand for yield rather than fundamentals; however, questions of sustainability remain. Perspectives on debt capital availability remain neutral to positive, with most respondents expecting conditions to stay the same or improve slightly. Most respondents believe that equity capital is available today and that conditions will remain stable over the next 12 months.

To download a copy of the survey report, go to http://realpac.ca/canadian-real-estate-sentiment-survey.

Submit press release to pressrelease@exchangemagazine.com - Editor Jon Rohr - Content published on this site represents the opinion of the individual/organization and/or source provider of the Content. ExchangeMagazine.com is non-partisan, online journal. Privacy Policy. Copyright of Exchange produced editorial is the copyright of Exchange Business Communications Inc. 2010/*.*. Additional editorials, comments and releases are copyright of respective source(s) and/or institutions or organizations.

 


Contact an Exchange Representative

Current Issue July/August 2010
Subscribe FREE to Exchange Online today



Subscribe to Exchange News Daily







Submit Press Release
Visitor Centre
Weather
Advertising Inquires
Email
Tel: 519.886.0298

Subscribe to Exchange Magazine Print Edition

Contact Information:

Publisher:
Exchange Business Communication Inc.
Waterloo, Ontario, Canada
Tel: 519.886.0298

Editor-in-Chief
Jon Rohr
editor@exchangemagazine.com

Account Manager
John Hobin
advertise@exchangemagazine.com

<