That’s according to the annual survey by Pensions & Investments, which shows a 20 per cent rise in the value of assets held by 93 managers with a total value of U$1.2 trillion, the highest dollar value since the $1 trillion achieved in 2008.
Office/commercial makes up the largest proportion of the investments at 33.9 per cent while multi-family housing is second at 22.5 per cent. The figures are for the year to June 30, 2015.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
Investment Hot Spots:
Cluny, Windsor, Mechanic Settlement, Manor, Morinville
The global property assets of the largest real estate money managers have returned to growth levels last seen in 2006.