Private Investors Buying More Edmonton Industrial Properties as Vacancy Declines
Les investisseurs privés achètent davantage de propriétés industrielles à Edmonton alors que les taux d'inoccupation diminuent
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AI Article Summary
Private investors have increased their involvement in Edmonton's industrial property market, rising to 62% in the past year from an average of about 39% over the previous five years, according to Avison Young. Alongside these investors, companies buying properties for their own use also saw an increase, contributing to a more user-driven market. The industrial vacancy rate in Greater Edmonton fell to 4.2%, supported by strong tenant demand. This dynamic is seen as indicative of a rebalance towards market stability.