MISSISSAUGA, ON, May 22, 2024 /CNW/ - Canada's commercial real estate sector exhibited a measure of resilience during the first quarter, as investment sales activity slowed according to Morguard's 2024 Economic Outlook and Market Fundamentals First Quarter Update ("Morguard") (TSX: MRC). Industrial properties were the most popular acquisition target of investors and owner/users. Multi-suite residential rental property finished second only to industrial in recorded transaction volume in the first quarter.
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