Welcome to the February edition of the GTHA Investment Report, the most comprehensive overview of GTHA investment sales activity in the market.
Total transaction volume for the month of February was approximately $1.63 billion across all asset classes. Toronto saw the most activity at $1.04 billion followed by York at $214 million. Office sales had the highest transaction volume amongst asset classes at $640 million followed by residential land and ICI land at $336 million and $251 million, respectively. The largest transaction for the month of February was the office sale of the Dynamic Funds Tower at 1 Adelaide St E for $473 million.