Canadian Real Estate Sentiment Survey – Q4 2021

REALPAC and Ferguson Partners are pleased to announce the results from the Q4 2021 Canadian Real Estate Sentiment Survey.

The survey is the industry’s most comprehensive measure of senior executives’ confidence in the Canadian commercial real estate industry. This quarter, the survey captured the thoughts of a wide variety of industry leaders, including CEOs, presidents, board members, and other executives from a broad set of industry sectors, including owners and asset managers, financial services providers, and operators and related service providers.

Topline findings include:

• Market performance remains highly dependent on asset class with industrial, residential, and niche sectors continuing to lead the way. Interest rates, immigration, ESG, inflation, labour supply, and the supply chain are all key considerations for market participants.
• Investor allocations to real estate continue to rise, leading to fierce competition for deals and elevated pricing.
• Debt capital is relatively cheap and available for certain sectors including industrial and logistics, residential, and development. With interest rates climbing, we should expect to see the cost of debt rise.
• There is an abundance of equity capital from both private and institutional investors.