The $3.3 billion investments recorded for the first six months of 2018 in Montreal represented 66.5% of all the investments made in 2017.
Increases in investments were recorded in all market segments and prices per sq. ft. or per unit also rose by approximately 15.0% on average for most asset classes since H1 2017.
The foreign investor market share increased by 195.6% year-over-year for assets of more than $10.0 million, most notably in the multi-family segment.
In order to compensate for the lack of development land sites, investors are seeking to acquire older retail inventory as redevelopment sites.