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Overseas buyers become increasingly active in Canada's real estate market

Property purchases by foreign capital through June exceed levels in prior two years
Spanish private investment firm Pontegadea recently acquired this Amazon distribution centre at 140 Old Mill Road in Cambridge, Ontario, from Montreal-based developer Broccolini for $326 million. (CoStar)
Spanish private investment firm Pontegadea recently acquired this Amazon distribution centre at 140 Old Mill Road in Cambridge, Ontario, from Montreal-based developer Broccolini for $326 million. (CoStar)
CoStar Analytics
June 23, 2026 | 12:16 P.M.

After a subdued investment in the prior two years, foreign capital is staging a comeback in Canada’s commercial real estate market in 2026, with year-to-date volumes already surpassing previous annual totals.

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