JLL: Toronto attracts USD16bn in CRE investment in three years to June 2015
In its report ‘Globalisation and Competition: The New World of Cities’, Jones Lang LaSalle (JLL) examined commercial real estate (CRE) investment across Established World Cities (New York, London, Paris, Tokyo and Hong Kong), New World Cities (smaller, but rich centres such as Melbourne or Munich) and Emerging World Cities (such as Beijing or Moscow). Over the three years to the end of June 2015, Toronto received USD16bn in direct CRE investment and was in 21st position overall. As of the end of 2014, around 70 greenfield projects were underway there.
Source : November 2015/JLL/Toronto/GEN