Development remains a challenge in major CRE asset classes
Land and construction costs that continue to outpace rents and leasing rates are among the key factors holding back development in all four of the main commercial real estate sectors.
Land and construction costs that continue to outpace rents and leasing rates are among the key factors holding back development in all four of the main commercial real estate sectors.
Allied Properties Real Estate Investment Trust (AP-UN-T) reports it has 10 “non-core” Canadian properties either under contract or in negotiations for sale, and has an additional nine properties for sale in Toronto.