Are you considering a long-term real estate investment? If so, put your sights on Calgary, Vancouver or Toronto. According to a new study by Grosvenor, a prestigious property developer in the UK, Canada is the best place in the world for long-term real estate investments. In particular, Calgary, Vancouver and Toronto are the cities where the investment should be made.
According to the survey, these cities are the most resilient in Canada and offer the best markets for long-term investment opportunities. The study determined the viability of the markets based on adaptive capacity along with social and environmental vulnerability by examining the climate, resources, environment, infrastructure and community. While these cities made it to the top of the list, the country is quite resilient overall.
The study looks only at long-term resiliency and is not meant to provide short-term perspectives on any countries or cities. Investors with short-term goals should not focus only on the top cities that appear in the survey. In fact, the cities appearing at the top of the list share the same cycle of movement and are quite similar.
Grosvenor has an in-depth understanding of many cities across the world. This company has been investing in real estate for more than 300 years and has a solid reputation in the industry. When Grosvenor releases any type of report, it is taken very seriously by investors on a global basis.
More and more investors are turning their eyes towards the city of Calgary from all parts of the world. This city is expanding and as it grows so are the investment opportunities within it. Calgary has become a world-renowned city that attracts local, national and global investments due to its economic prosperity and optimistic outlook for the future.