{"id":1106,"date":"2014-04-22T16:23:00","date_gmt":"2014-04-22T16:23:00","guid":{"rendered":"http:\/\/rf.podcastfixit.com\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/"},"modified":"2015-06-01T19:41:12","modified_gmt":"2015-06-01T19:41:12","slug":"montreals-diverse-economy-appeals-to","status":"publish","type":"post","link":"https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/","title":{"rendered":"Montreal\u2019s Diverse Economy Appeals to Investors"},"content":{"rendered":"

By Tracey Arial<\/b><\/p>\n

\nwww.arialview.ca<\/a><\/p>\n

Montreal\u2019s size appeals to pension funds that have seen their real estate allocations going up, says Armand Des Rosiers, one of Montreal\u2019s key real estate experts.<\/p>\n

\u201cPeople understand that Montreal, being the second largest metropolitan area in the country, is a large market,\u201d said Des Rosiers, who directs RBC Capital Markets Real Estate Group. \u201cInvestors are very sophisticated and they understand how our economy works. They see that our economy is diversified. Investments over the years in Montreal have produced the expected returns. Montreal is looked on favourably by investors across the country.\u201d<\/p>\n

Montreal\u2019s real estate market has benefited most from active development projects by pension funds that have teamed up with private developers to offer opportunities for buyers, said Des Rosiers.<\/p>\n

\u201cThere has been a lot of retail development around Montreal and that has created opportunity for investors. I see that continuing.\u201d<\/p>\n

At the same time, there\u2019s a big difference between top tier assets, which sell quickly at premium prices and B-assets that generate higher capitalization rates and move more slowly, if at all.<\/p>\n

\u201cMost investors have ample liquidity and are looking to acquire properties that produce quality cash flow, but they\u2019re very discriminating,\u201d said Des Rosiers.<\/p>\n

The most appealing projects right now are those in which people are creative about finding alternative uses for properties, especially in the less-risky asset classes, such as multi-residential, retail and some office.<\/p>\n

\u201cWe\u2019ve been selling some office and some industrial and people are finding upsides in those markets,\u201d he said. \u201cI think now people look at properties and they see alternative uses for these properties. You are seeing many office buildings being converted to residential use.\u201d<\/p>\n

\nNote: This article appeared on page 27 of the Spring 2014 <\/a>issue of Canadian Real Estate Magazine.<\/i><\/div>\n

(function(i,s,o,g,r,a,m){i[‘GoogleAnalyticsObject’]=r;i[r]=i[r]||function(){
\n (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),
\n m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)
\n })(window,document,’script’,’\/\/www.google-analytics.com\/analytics.js’,’ga’);<\/p>\n

ga(‘create’, ‘UA-45892555-1’, ‘robertfrankmedia.blogspot.com’);
\n ga(‘send’, ‘pageview’);<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

By Tracey Arial www.arialview.ca Montreal\u2019s size appeals to pension funds that have seen their real estate allocations going up, says Armand Des Rosiers, one of Montreal\u2019s key real estate experts. \u201cPeople understand that Montreal, being the second largest metropolitan area in the country, is a large market,\u201d said Des Rosiers, who directs RBC Capital Markets<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1106","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nMontreal\u2019s Diverse Economy Appeals to Investors - Newscoverage<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Montreal\u2019s Diverse Economy Appeals to Investors - Newscoverage\" \/>\n<meta property=\"og:description\" content=\"By Tracey Arial www.arialview.ca Montreal\u2019s size appeals to pension funds that have seen their real estate allocations going up, says Armand Des Rosiers, one of Montreal\u2019s key real estate experts. \u201cPeople understand that Montreal, being the second largest metropolitan area in the country, is a large market,\u201d said Des Rosiers, who directs RBC Capital Markets\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/\" \/>\n<meta property=\"og:site_name\" content=\"Newscoverage\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/robert.frank.90834\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-22T16:23:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-06-01T19:41:12+00:00\" \/>\n<meta name=\"author\" content=\"editor robert\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"editor robert\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/04\\\/22\\\/montreals-diverse-economy-appeals-to\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/04\\\/22\\\/montreals-diverse-economy-appeals-to\\\/\"},\"author\":{\"name\":\"editor robert\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/#\\\/schema\\\/person\\\/fc82a2a747f4a72f7a4833658ab077a3\"},\"headline\":\"Montreal\u2019s Diverse Economy Appeals to Investors\",\"datePublished\":\"2014-04-22T16:23:00+00:00\",\"dateModified\":\"2015-06-01T19:41:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/04\\\/22\\\/montreals-diverse-economy-appeals-to\\\/\"},\"wordCount\":376,\"commentCount\":0,\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/04\\\/22\\\/montreals-diverse-economy-appeals-to\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/04\\\/22\\\/montreals-diverse-economy-appeals-to\\\/\",\"url\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/04\\\/22\\\/montreals-diverse-economy-appeals-to\\\/\",\"name\":\"Montreal\u2019s Diverse Economy Appeals to Investors - Newscoverage\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/#website\"},\"datePublished\":\"2014-04-22T16:23:00+00:00\",\"dateModified\":\"2015-06-01T19:41:12+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/#\\\/schema\\\/person\\\/fc82a2a747f4a72f7a4833658ab077a3\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/04\\\/22\\\/montreals-diverse-economy-appeals-to\\\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/04\\\/22\\\/montreals-diverse-economy-appeals-to\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2014\\\/04\\\/22\\\/montreals-diverse-economy-appeals-to\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/newscoverage.org\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Montreal\u2019s Diverse Economy Appeals to Investors\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/#website\",\"url\":\"https:\\\/\\\/newscoverage.org\\\/\",\"name\":\"Newscoverage\",\"description\":\"newscoverage.org\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/newscoverage.org\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/#\\\/schema\\\/person\\\/fc82a2a747f4a72f7a4833658ab077a3\",\"name\":\"editor robert\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8218f97425a88f0212b8636d21d09c56391445f892db32b08ed4f8e5613c37ac?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8218f97425a88f0212b8636d21d09c56391445f892db32b08ed4f8e5613c37ac?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8218f97425a88f0212b8636d21d09c56391445f892db32b08ed4f8e5613c37ac?s=96&d=mm&r=g\",\"caption\":\"editor robert\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/robert.frank.90834\"],\"url\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/author\\\/editor-robert\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Montreal\u2019s Diverse Economy Appeals to Investors - Newscoverage","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/","og_locale":"en_US","og_type":"article","og_title":"Montreal\u2019s Diverse Economy Appeals to Investors - Newscoverage","og_description":"By Tracey Arial www.arialview.ca Montreal\u2019s size appeals to pension funds that have seen their real estate allocations going up, says Armand Des Rosiers, one of Montreal\u2019s key real estate experts. \u201cPeople understand that Montreal, being the second largest metropolitan area in the country, is a large market,\u201d said Des Rosiers, who directs RBC Capital Markets","og_url":"https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/","og_site_name":"Newscoverage","article_author":"https:\/\/www.facebook.com\/robert.frank.90834","article_published_time":"2014-04-22T16:23:00+00:00","article_modified_time":"2015-06-01T19:41:12+00:00","author":"editor robert","twitter_card":"summary_large_image","twitter_misc":{"Written by":"editor robert","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/#article","isPartOf":{"@id":"https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/"},"author":{"name":"editor robert","@id":"https:\/\/newscoverage.org\/#\/schema\/person\/fc82a2a747f4a72f7a4833658ab077a3"},"headline":"Montreal\u2019s Diverse Economy Appeals to Investors","datePublished":"2014-04-22T16:23:00+00:00","dateModified":"2015-06-01T19:41:12+00:00","mainEntityOfPage":{"@id":"https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/"},"wordCount":376,"commentCount":0,"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/","url":"https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/","name":"Montreal\u2019s Diverse Economy Appeals to Investors - Newscoverage","isPartOf":{"@id":"https:\/\/newscoverage.org\/#website"},"datePublished":"2014-04-22T16:23:00+00:00","dateModified":"2015-06-01T19:41:12+00:00","author":{"@id":"https:\/\/newscoverage.org\/#\/schema\/person\/fc82a2a747f4a72f7a4833658ab077a3"},"breadcrumb":{"@id":"https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/newscoverage.org\/index.php\/2014\/04\/22\/montreals-diverse-economy-appeals-to\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/newscoverage.org\/"},{"@type":"ListItem","position":2,"name":"Montreal\u2019s Diverse Economy Appeals to Investors"}]},{"@type":"WebSite","@id":"https:\/\/newscoverage.org\/#website","url":"https:\/\/newscoverage.org\/","name":"Newscoverage","description":"newscoverage.org","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/newscoverage.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":"Person","@id":"https:\/\/newscoverage.org\/#\/schema\/person\/fc82a2a747f4a72f7a4833658ab077a3","name":"editor robert","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/secure.gravatar.com\/avatar\/8218f97425a88f0212b8636d21d09c56391445f892db32b08ed4f8e5613c37ac?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8218f97425a88f0212b8636d21d09c56391445f892db32b08ed4f8e5613c37ac?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8218f97425a88f0212b8636d21d09c56391445f892db32b08ed4f8e5613c37ac?s=96&d=mm&r=g","caption":"editor robert"},"sameAs":["https:\/\/www.facebook.com\/robert.frank.90834"],"url":"https:\/\/newscoverage.org\/index.php\/author\/editor-robert\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/posts\/1106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/comments?post=1106"}],"version-history":[{"count":1,"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/posts\/1106\/revisions"}],"predecessor-version":[{"id":3909,"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/posts\/1106\/revisions\/3909"}],"wp:attachment":[{"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/media?parent=1106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/categories?post=1106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newscoverage.org\/index.php\/wp-json\/wp\/v2\/tags?post=1106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}