- Investment Performance of Canadian Commercial Real Estate
- CMBS Maturities Update - Revised March 2010
The revision of the CMBS Maturities Update included the addition of 2 more securitizations, thus bringing the total number of loans analyzed from 3,335 to 3,722 and extending the maturity date range to 2031 (2009-2031). The additional loans have increased the total maturing balance to $16.6B (CAD) and, although the bulk of the maturity activity will still occur between 2015 and 2017, the peak in 2016 has increased to $2.9B. Further changes have been made to the distribution of the maturing balances, both geographically and by property type. The geographic distribution of the total outstanding maturing balance is as follows: 46% in Ontario, 17% in Quebec, 17% in Alberta and the remainder distributed between British Columbia, Atlantic Canada, and other Western Canadian provinces. The distribution of the total maturing balance by property type is as follows: 36% in Retail, 22% in Office, 16% in Multi-family residential, 11% in Industrial, 5% in Hospitality, and 9% in Other. Further details regarding the Canadian CMBS market can be found in the revised CMBS Maturities Update, located on the REALPAC website (31Mar10).
- Responsible Property Investing in Canada, Factoring both Environmental and Social Impacts in the Canadian Real Estate Market
- Real Estate Cycles and the Profit Shell Game
- Private Equity Real Estate Funds: An Institutional Perspective
- Optimal Allocation to Real Estate in Canada
- Report on REITs