TORONTO, May 4 /CNW/ - The Real Property Association of Canada (REALpac)
and FPL Advisory Group are pleased to announce the results from the
REALpac / FPL Canadian Real Estate Sentiment Survey, Second Quarter
The Overall REALpac/FPL Sentiment Index was flat in the second quarter,
reflecting continued positive trends.
More respondents see the real estate market as "about the same," but the
majority are still seeing and expecting improvement.
Expectations for further price growth continue to moderate.
Respondents suggest that debt availability continues to improve and
recent market bifurcation seems to be fading.
Equity capital availability remains strong and is still on a positive
trajectory, according to respondents.
To download a copy of the report, go to http://realpac.ca/canadian-real-estate-sentiment-survey.
As Canada's most comprehensive measure of senior executives' confidence
in the Canadian commercial real estate industry, the Q2 2011 survey
captured the thoughts of 58 leading real estate executives, including
CEOs, Presidents, Board Members, and other leading executives from a
broad set of real estate sectors including owners and asset managers,
financial services providers, and building operators and related
service providers. Survey respondents represent income producing real
estate including office buildings, retail shopping centres, industrial
buildings, hotels, multi-family residential (apartment buildings), and
seniors residences. This quarterly economic survey serves as a gauge of
senior real estate executives' confidence in financial and real estate
markets in Canada. The REALpac/FPL Canadian Real Estate Sentiment
Survey measures executives' current and future outlook in three areas
including overall real estate conditions, real estate asset values, and
availability of capital. Three Sentiment Indices comprise the survey
including a Current Conditions, Future Conditions and Overall
Conditions Index. The "REALpac/FPL Canadian Real Estate Sentiment
Survey" is directly comparable to the "Real Estate Roundtable Sentiment
Survey" in the U.S. (also conducted by FPL Associates, using an
About the Real Property Association of Canada
REALpac is Canada's premier industry association for investment real
property leaders. Our mission is to collectively influence public
policy, to educate government and the public, and to ensure stable and
beneficial real estate capital and property markets in Canada.
REALpac Members currently own in excess of $180 Billion CAD in real
estate assets located in the major centres across Canada. Members
include real estate investment trusts, publicly traded and large
private companies, banks, brokerages, crown corporations, investment
dealers, life companies, lenders, and pension funds. For more
information, please visit us at www.realpac.ca.
About FPL Advisory Group
FPL Advisory Group ("FPL") is a family of companies focused on providing
highly specialized advisory services to the real estate and related
operating and financial services industries. Through our complementary
practice areas, we work with our clients to develop the right talent,
leadership, structure, and strategies for success in today's intensely
FPL is comprised of two primary operating companies that work together
to serve a common client base. Ferguson Partners provides executive,
director, and professional search services. FPL Associates provides a
range of specialized consulting and finance-related services in the
areas of compensation, management consulting, executive onboarding, and
succession planning. The firm is headquartered in Chicago and maintains
offices in London, New York, San Francisco, and Tokyo. For more
information, please visit www.fpladvisorygroup.com.
SOURCE Real Property Association of Canada
For further information:
Carolyn Lane, VP, Membership & Communications, 416-642-2700 x.223, or Jonas Bordo, Senior Director, FPL Advisory Group, 888-368-6598 (toll free).