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Canadian Commercial Real Estate Market Outlook Remained Steady in Q4 2023: Morguard

Newswire.ca - Mon Feb 12, 10:05AM CST

MISSISSAUGA, ON, Feb. 12, 2024 /CNW/ - The Canadian commercial real estate sector garnered a steady level of interest overall amid economic uncertainties during the fourth quarter of 2023, according to Morguard's 2023 Economic Outlook and Market Fundamentals Fourth Quarter Update ("Morguard") (TSX: MRC). All in all, multi-suite residential rental, industrial and retail properties exhibited continued strength and resilience and positive performance momentum. Moving forward, easing inflation and interest rate pressures will play a role in both the industry and overall economic growth in 2024.  

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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