Pessimism gives way to optimism as four industry experts see signs of a gradual – though slow – recovery in buying, selling and leasing

(Source: Globe and Mail)

The worst is likely over, say the heads of four of Canada’s largest real estate brokerages. Canadian commercial real estate now faces 12 to 18 months of slowly climbing back to normal activity.

And when recovery finally kicks into full gear the pace of activity – buying and selling, leasing and even construction – will likely be fast-paced, they add.

Click here to read what Pierre Bergevin, Mark Rose, Stefan Ciotlos and David Bowden have to say.

Read Terrence Belford’s full article “Let the healing begin” in the Globe and Mail (September 1, 2009).

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