National Mortgage Market Recalibrates as Investors Pivot to Fundamentals
- ClearView Insider
- Jul 3, 2025
- 1 min read
Updated: Jul 25, 2025
Canada’s commercial real estate market is regaining momentum in 2025, with investor attention shifting to long-term value amid inflationary pressures, immigration growth, and policy supports. Alberta is among the most active regions, with multi-family and industrial assets continuing to lead transaction volumes nationwide.
Calgary stands out for its adaptive reuse activity—repurposing office assets into residential formats—as demand for housing persists. Meanwhile, mid-sized industrial flex spaces are attracting owner-occupiers across the Prairies, driving development in Calgary, Edmonton, and Saskatoon. Nationally, REITs are targeting aging multi-family assets for value-add upgrades, supported by the Housing Accelerator Fund and $74M in new federal incentives.
Oxford Properties’ $730M joint acquisition of office towers in Vancouver and Calgary signals a renewed institutional appetite for office assets. With conversions gaining traction and income-generating fundamentals in focus, CRE investors are realigning their strategies—balancing caution with opportunity.
Connect with ClearView: Curious how national trends in conversions, leasing, and capital flows are reshaping Calgary’s CRE opportunity set? Contact us at info@cvpartners.ca — we’ll help you align with the strategies defining the 2025 market.