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Toronto / GTA

Why Toronto’s distressed real estate may not bottom out until 2028: ULI

Steve McLean Commercial Distressed Properties Toronto / GTA 21 hours ago

A correction and stabilization phase is underway in Toronto’s distressed real estate market, but industry experts caution that a broader bottom may stretch into 2027 or 2028 as lenders and developers navigate an unprecedented inventory overhang.

Dream, CPP acquire $585.8M GTA industrial portfolio

Tania Theriault Commercial Dream Toronto / GTA 1 day ago

A joint venture between CPP Investments, Dream Unlimited Corp (DRM-T) and Dream Industrial REIT (DIR-UN-T) has acquired a 2.1-million-square-foot industrial portfolio in the Greater Toronto Area for $585.8 million.

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