As Deliveries Grow, E-Commerce Is Fueling Toronto's Warehouse Boom
They ain't the sexiest CRE, but warehouses are hot in the GTA. And the reason is simple – e-commerce.
They ain't the sexiest CRE, but warehouses are hot in the GTA. And the reason is simple – e-commerce.
Foreign capital flowing into America fell dramatically last year as entity-level sales fell, particularly in the retail asset class.
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Manchester up there with Glasgow and Edinburgh
While most of the economy has shrunk amid the pandemic, the industrial sector has held strong, expanding as e-commerce booms.
Restaurant owners and brokers say landlords are not being flexible enough in helping them get through the crisis, leading to a spate of permanent closures.
The coronavirus pandemic is making it increasingly difficult for commercial real estate investors to access capital.
Tenants want more flexibility in their office leases, but investors and lenders still prefer the stability of long-term deals.
A group including Lone Star Funds and Unizo employees is acquiring all of the company's shares in a $1.8B deal.
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