The volume of transactions increased in the industrial, multi-family, and land market segments, respectively by 29.0%, 32.4%, and 104.4%.

Montreal investment figures could have been higher, if not for the zoning restrictions on land and multi-family assets as well as for the scarcity of office and industrial properties.

Foreign investors kept gaining again market share, now representing $547.4 M or 10.9% of all investments.

Cap rates for high-quality products continued to compress regardless of short-term rate movements and increases in the bond market.