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Canada Attracted More Overseas Real Estate Buyers Last Year, but Will It Continue?

GIC and Dream Industrial REIT's Purchase of Summit Industrial Income REIT Provided Boost
CoStar Analytics
May 21, 2024 | 3:15 P.M.

In absolute terms, Canadian commercial real estate is still attracting a relatively small amount of foreign capital compared to the United States and United Kingdom. However, on a relative basis, Canada has been attracting more overseas investment than ever before — in a trend that may not last.

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