Canada's commercial real estate transaction value dipped year-over-year by about eight per cent in 2024, to $50.5 billion, according to Altus Group data. Activity varied greatly between markets, with Vancouver and Montreal up, but Toronto down in dollar value.
After more than a decade of collaboration, Dallas-based developer Matthews and Vaughan, Ont.-based developer Tribal Partners have joined forces through what Matthews senior vice-president Phill Geheb calls a “strategic corporate combination” to create Matthews Tribal.
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