Real Estate

Multi-suite Residential And Industrial Real Estate Remained Resilient And Attractive To Investors During Q3 2020: Morguard | Benzinga

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MISSISSAUGA, ON, Nov. 18, 2020 /CNW/ - During the third quarter of 2020, the multi-suite residential and industrial sectors of Canada's commercial real estate remained resilient despite the economic slowdown resulting from the pandemic. Meanwhile, the office and retail segments witnessed increased vacancy levels in most Canadian cities as restrictions in response to a second wave of COVID-19 kept Canadians working and shopping from home, according to the latest Canadian Economic Outlook and Market Fundamentals Report issued by Morguard Corporation ("Morguard") (TSX:MRC).

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