News
Apartment Deals Lead the Way
April 25, 2013
RealNet released its Q1 report this week. Overall market activity was down 8% compared to last year, but the report also confirmed what RealNet has been telling us in its research findings--the apartment sector is bullish, with 23% of the total volume of investments ($648M--a 197% improvement against a year ago). The Maple Leaf Quay deal ($150M, photo) was the big driver. The industrial sector was next, at 19% ($355M, primarily in the western region of the GTA; the largest being the sale involving 19 properties from The Erin Mills Development Corp to Bentall Capital for $143M).
