How did sellers respond to the capital gains inclusion rate hike? Discover the strategic moves that defined Q2 in Commercial Real Estate. This quarter, a lot of buzz surrounded the capital gains inclusion rate increase. Many sellers were keen to divest their assets before the June 24th deadline. Now that the quarter is over, let’s dive into the data and see the impact on deal volume.
Looking back at the close of 2023, we examine how the commercial real estate market fared in the last quarter and what we can expect moving into 2024.
Presently, the City of Hamilton is reassessing its development charges for the remainder of 2024. The proposed plan suggests a staggering increase in industrial development charges to $41.48—a 148.38% surge from the current rate.
In the last 3 years, the Greater Toronto Area has witnessed remarkable growth in the sale of Industrial, Commercial and Institutional (ICI) land, with a significant spike in acres sold across Hamilton, Burlington and Oakville.
In this edition of our quarterly report, we will delve into some intriguing market trends and share our insights on the future of our markets. We always encourage you to reach out to our team for a more in-depth discussion on any market trends.
The Clear Advantage:
Benefits of the 40-Foot Clear Height
Expanding on our recent infographic, let’s delve deeper into the industrial developments taking place across the Greater Golden Horseshoe and explore the rationale behind their 40-foot clear-height design.