#colliers provided their latest market report on metro van. It gave me an opportunity to provide some comments on what we are experiencing in our day to day interactions with the market/clients. linkedin.com/posts/davidbas…
What are you strategies dealing with difficult vendors? Currently, I’m trying to remove subjects on a property at a lower price because net-usable came back less. The vendor reassured me the original price is reasonable because of the appraisal! #retwit
Pretty thrilled on our latest project completion, a 33,000sf build to suit in Surrey! We continue seeing strong demand from owner/users wanting to own their own real estate. Pretty sharp looking building!
Bond rates have started to come off, let’s see what happens after tomorrows BOC rate meeting.
What I’m seeing in the industrial space right now in Canada:
Cap Rates - slightly up
Cost of debt - coming down
Lease rates - escalating
It’s a good mix for buying income! #retwit
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