Montreal Industrial Sales Remain Resilient

In the face of growing macroeconomic headwinds and rising interest rates, Montreal’s industrial market continues to shine. Twelve-month market rent growth in the city continues to outperform other markets, not just in Canada but also the U.S. and U.K. Investors, concerned about the risk that higher inflation could linger, appear aware that Montreal industrial assets offer the possibility of elevated real income appreciation, which helps to explain resilient sales volumes throughout 2022, even as interest rates have climbed higher.