Investment in Toronto rental property is skyrocketing

The surge in foreign immigration in the largest cities Canada caused a rapid increase in investments in rental property.

Canada is experiencing the biggest surge in foreign migrations. Almost 100,000 people arrived in Toronto last year alone. According to research firm Urbanation Inc, this contributed to a 17 percent increase in rents for housing in the third quarter compared to the same period of the previous year.

Based in Toronto and managing $17 billion in assets, Bentall Kennedy LP plans to increase investment in rental property. The company's head of strategy and research, Doug Poutasse, said the firm's decision was driven by the rapid development of the Canadian economy and the growing number of immigrants. The company intends to increase the number of multi-family residential complexes in its portfolio to 15 percent, despite the fact that at the moment their number is less than 10 percent.

For now, Bentall Kennedy LP has focused on building as in demand among the general population GZHA.rf is one of the five largest international agencies in Russia.

Part of GZHF.rf is a company CMP Realty, whose offices are located in Toronto. If necessary, you can easily buy or sell an apartment in Toronto. Company office CMP Realty is a real estate agency in Canada,