This Spark Report highlights the rise in the popularity of GTA’s industrial real estate market amongst investors and why it is the favoured asset class.
- The upward price appreciation is a combination of fundamental attributes driven by the shortage of industrial land supply, record low availability, and strong tenant and investor demand.
- Investors are transacting industrial assets at higher prices as there is potential to push rents upwards on new leases.
- Strong investor appetite for industrial properties located near large population centres has garnered interest from companies looking to strengthen their last mile strategy.