Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fuelled by visionary leadership, significant inside ownership and substantial recurring earnings. With nearly $5.0 billion in annual revenues, a team of 23,000 professionals, and more than $100 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide.
The University of Calgary secures a 20-year lease for 180,000 SF of new learning space supporting 1,200 students with 801 Seventh in downtown Calgary, represented by Colliers.
Park Place in Chatham is a newly built, 231 unit, 2-building multi-family investment property with 100% occupancy being represented by Colliers.
Downtown Vancouver sits at a fascinating inflection point. Vacancy is at 10.7%, gradually declining from last year’s 20-year high and trending towards pre-COVID levels, yet we continue to have the tightest office market in North America.
Alternative assets are non-traditional commercial properties that are gaining significant interest from investors looking to diversify from the typical office, industrial, retail and multifamily sectors.
In Q2 of 2024, Ottawa’s office market continued to show a mixed and gradual improvement. At 11.5 per cent, Ottawa’s office vacancy has decreased for the fourth consecutive quarter.
We are seeing a reduction in office footprints as organizations implement new workplace strategies. Yet in the aftermath of the pandemic, Calgary’s Suburban office market has boasted a strong return.
Ask the expert: Victor Cotic, Executive Vice President, Sales Representative | National Investment Services, Colliers Toronto Brokerage.
Edmonton’s office market has remained relatively stagnant at 20.3% vacancy. Although absorption has been slightly positive, this soft market has yet to see the impact of leases executed pre-pandemic that will come due.
Ten interest rate increases in the past year and a half have led to a tightening credit environment. However, with tightened conditions, transactions can be still be completed if creative deal structures are employed. Doug Murray of Colliers Canada shares more about his experience in Southwestern Ontario.
Winnipeg's industrial landscape is becoming a top choice for institutional investors to help meet the need of modern industrial space for the booming market.
Investing in Victoria's real estate market has several advantages. The cap rates are generally 100-150 basis points higher than those of primary markets like Vancouver, allowing investors to achieve positive leverage in a shorter time, even though the market rental rates are similar.
Colliers Debt Advisory Group is a cohesive team of commercial real estate finance professionals who source and structure market-leading debt facilities across all asset classes coast-to-coast on behalf of private, institutional and public landlords, and developers.
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