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Canadian Real Estate : The World’s Best Kept Secret

September 26, 2023

Canadians have a reputation for politeness and tend not to boast. This humble approach should be set aside for the benefit of global real estate investors - the merits, track…

Canadian Real Estate Market Update – Q2 2023

August 17, 2023

The prospects for commercial real estate are currently clouded by several factors, including the lingering effects of the Pandemic, increasing interest rates and capitalization rates, and ongoing geopolitical uncertainty. These…

Real Estate Valuations : The Driving Forces

Since the Global Financial Crisis in 2008-09, the real estate industry had operated within a favourable macro-economic environment characterized by easily accessible capital, low interest rates, and stable inflation. In…

Canadian Real Estate Market Update – Q1 2023

Commercial real estate prospects face murkier conditions relative to the last decade as it continues to sort through, like all asset classes, the lingering effects of the Pandemic, increasing interest…

Fiera Real Estate 2022 ESG Report

As stewards of our clients' capital, it is our responsibility to ensure that we use our innovation, influence and privilege to drive positive environmental and social change in a fair…

Our 2040 Pathways To Net Zero Carbon

February 16, 2023

We are delighted to announce our CORE Fund and Industrial Fund's (the “Funds”) have established targets of Net Zero Carbon by 2040. We recognize the impact that we and our managed…

Canadian Real Estate Market Update – Q4 2022

February 7, 2023

With the economy continuing to demonstrate unexpected resilience and inflation still stubbornly elevated, the BOC is likely to continue raising rates to push forward on its path to neutral, putting…

The Uncertain Future of the Canadian Office Market

December 21, 2022

When COVID-19 emerged and the World Health Organization declared the outbreak a “Pandemic” on March 11, 2020, the world instantly changed. The global economy came to a screeching halt via…

Canadian Real Estate Market Update – Q3 2022

November 10, 2022

With the economy continuing to grow above trend and inflation still elevated, the Bank of Canada is likely to continue raising rates to push forward on its path to neutral,…

Canadian Real Estate Market Update – Q2 2022

August 24, 2022

With inflationary pressures remaining elevated in the near-term, the Bank of Canada continues to push forward on its path to neutral, which is putting pressure on risk assets’ valuations. While…

Negative Real Interest Rates Are Here to Stay: Implications for Real Estate Performance

Because of unprecedented debt levels accumulated by developed governments, a negative real interest rate environment is likely to persist for the long-term. Many developed nation governments have breached debt levels…

Canadian Real Estate Market Update – Q1 2022

According to Fiera Capital, the outlook has deteriorated given the prospect of slowing growth and persistently elevated inflation, while heightened geopolitical turmoil stemming from the war in Ukraine has exacerbated…

Fiera Real Estate ESG Report 2021

Over the past year we have experienced an evolution in the importance of Environmental, Social and Governance (“ESG”) issues, both by the business and wider society. Once perceived as a…

Canadian Real Estate Market Update – Q4 2021

February 15, 2022

According to Fiera Capital’s base case economic scenario (Reflationary Recovery – 50% Probability), the global economic recovery continues to grow at an above-trend pace through 2022, without the fear of…

Canadian Real Estate Market Update – Q3 2021

November 19, 2021

The Bank of Canada signaled on October 27 that it could hike interest rates as soon as April 2022 and said inflation would stay above target through much of next…

The Role of Private Alternatives in Hedging Inflation

November 2, 2021

A Closer Look at Infrastructure, Real Estate, and Agriculture. Investors have given little thought to inflation until recently as it has remained largely in check even though the 2008 financial…

The Canadian Industrial Market: Why It Will Continue To Defy Gravity

October 21, 2021

The Canadian industrial real estate market has experienced tremendous growth over the last ten years, accelerating its pace in the last few years especially. The fundamentals have been and will…

Canadian Real Estate Market Update – Q2 2021

August 18, 2021

The Bank of Canada is maintaining its extraordinary forward guidance on the path for the overnight rate. According to the Bank of Canada’s April 2021 projection, the expected timeline for…

Canadian Real Estate Market Update – Q1 2021

As populations get inoculated and larger parts of the economy reopen, the powerful revitalization in confidence should unleash massive amounts of pent-up demand, particularly as savings remain extraordinarily elevated around…

Real Estate Emerging from the COVID-19 Pandemic

The COVID-19 pandemic has created unprecedented challenges for real estate fundamentals in the short-term; however, three key macro-economic trends were accelerated that will increase Canadian real estate values in the…

Canadian Real Estate Market Update – February 2021

February 26, 2021

In this first instalment of the Market Update series, the Fiera Real Estate’s Strategy, Planning and Analytics team explores the Canadian real estate conditions, the current state of each asset…

2020 ESG report

February 3, 2021

The events of the past year have led to unprecedented times that continue to change rapidly month to month. While it is unclear how long the COVID-19 pandemic will last,…

Private Alternatives Outlook 2021: The New Normal?

November 30, 2020

There are many words to describe financial markets in 2020, but “normal” certainly is not one of them. Equity markets the world over were rattled by the imminent slowdown in…