The Canadian real estate market is evolving due to higher financing costs and economic challenges. A PwC report highlights that generative AI, data centers, and climate-resilient infrastructure will be key to future success. Generative AI is set to improve efficiency and innovation. Niche assets like data centers are gaining interest, and climate resilience is crucial for property value. Distressed assets offer opportunities for private investors, and foreign investors are expected to enhance dealmaking in multifamily and industrial properties.
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