BuyRIC News

$1.3 Billion Commercial Real Estate Purchased in Canada by Chinese Investors in First Half of 2016

$1.3 Billion Commercial Real Estate Purchased in Canada by Chinese Investors in First Half of 2016

Canadian commercial real estate has long attracted international interest, primarily by American investors, but there has been a shift to Asian and European buyers in recent years. According to global real estate firm CBRE, the first half of 2016 has already seen $1.3 billion invested into commercial real estate markets across Canada by Chinese investors, albeit skewed by a single big sale.

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New Developments Trend Towards Smaller Micro Units and Studios in Apartments and Condos

New Developments Trend Towards Smaller Micro Units and Studios in Apartments and Condos

As space is too often a premium in places like Vancouver, Hong Kong, San Francisco, and New York, micro units and studios in new condo and apartment developments have risen in demand globally. City skylines are quickly being reshaped by new towers rising, aiming towards a new vertical lifestyle that meets the demand of small unit affordability.

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