Tag: commercial real estate investing

Building your investment portfolio takes an abundance of effort and time. Each investment, whether short-term or long-term poses significance to your overall portfolio and acts as a potential stream of income. Ergo, protecting your investment portfolio is just as important as building it. Most methods of protecting your portfolio are within reach and can be done internally. 

Here are a few key ways you can protect your investments and make the most out of them: 

Diversify your investments

Diversification of investments is imperative when it comes to protecting and building upon them. You’ve most likely heard the age-old phrase, don’t put all of your eggs in one basket. This holds merit when it comes to investing. While a stream may prove to be financially beneficial, should any disruption arise, you could risk losing everything you put in. Diversifying your investments allows you to gain from various streams. Should one fall through the cracks, you won’t lose everything and your other investments could make up for any loses. 

Invest in hard assets

The type of streams you invest in play a huge role in their protection. While liquid assets allow you to have access to cash, it can make it easier to spend. Hard assets lock your investment in place meaning the money put forth is in the form of said investment and requires a lot more work to take out.

Real estate is a prime example of a hard asset. The money is locked in into a tangible asset which will grow profit from there. Although the cash is not easily accessible, the asset still falls under your name and overall net worth. Hard assets are a great method of generating income without the temptation of overspending. 

Keep income growth in mind

Generating income is the bread and butter of investments. Whether you are looking to generate high profits in a shorter time frame or you’re looking for a long-term investment, it’s important to understand the potential profit associated with your investments. Some may invest for the sake of wanting a share in a certain realm, but may not consider any cost margins or profit gain. 

If you are unsure about which realms can help you produce the most income, do your due diligence when it comes to research. Set a target goal of how much income you want your investments to produce on a monthly, quarterly, yearly, or overall basis and align your portfolio with that. Typically, the riskier the investment, the more income can be generated in a shorter time frame, however, there are a plethora of long term investments that can bring you in a high profit. 

Protection is key when it comes to making the most out of your investments. The better protected they are, the higher the potential for gain. 

Learn even more ways to protect your investment portfolio here: https://www.redevgroup.com/news-article/6-simple-strategies-for-protecting-your-investment-portfolio

Retail markets continue to thrive well into the year and there is no sign of them slowing down at any time. While certain niche markets may not be able to content, there are those that keep the industry afloat. One retail market in the retail sector is thriving despite the hardships it has faced in the last 12 months. 

The luxury retail market has been flourishing across Canada and consumers are receptive to this new wave. Take a walk in the downtown core of Vancouver or the hustle-and-bustle in the heart of Toronto and you will find a superfluous amount of luxury retailers. The luxury clothing sector, in particular, amasses for a large portion of success the retail markets are seeing. 

What is influencing this growth within the luxury retail market?

Canadians have proven to have an appreciation for European fashion which is most notably crafted by high-end designers. The appreciation accumulated from the fashion market overseas has seen vast success in Canadian markets. Canada boasts a high sense of trust when it comes to this market. While there are places scattered around the country to obtain counterfeit goods, law enforcement is working to eliminate them. The hefty price tags associated with luxury goods, the certificate of authenticity, and the overall atmosphere of a shop are key indicators that goods within are 100% authentic. 

Luxury goods are purchased for two reasons: high quality and social status. Certain luxury goods utilize materials of higher quality, increasing the longevity of the item, thus, being grounds for hiking up the price. Social status is also a major contributor to the growth of luxury good sales. Many believe boasting luxury goods entails and reiterates their wealth and status.

What areas are luxury retailers prevalent in?

Luxury retailers are strategic when it comes to their placement in order to optimize profit. Typically, luxury retailers will look at the jobs and average incomes in the surrounding neighbourhood where they are considering allocating their business. Luxury retailers are most prevalent in Affluent areas such as Bloor Street West, Yorkville Village, Yorkdale, and the downtown core of Vancouver City. 

Aside from affluent areas, luxury retail shops are also prominent in the downtown core of major cities. Because the downtown core of these popular cities (Toronto, Vancouver, Edmonton, Calgary, and Montreal) are hot spots for tourists, there is a greater probability to generate business with those foreign to the country. 

What does the future of luxury retailers in Canada look like?

Although the luxury market has had rough patches, it has continued to make an upward trajectory. As long as the demand remains high, luxury retailers will continue to dominate and make a substantial profit. With more luxury shops opening their doors all across Canada, it comes to no avail that there is certainly a high demand for these goods. This retail market speaks to, not only Canadian citizens but to tourists as well, who deem Canada as a safe and trustworthy place to purchase luxury goods. 

Want to learn more about the luxury retail market and real estate opportunities surrounding it? Read more here!

Cheaper land and lower business operating costs are fueling increased demand for commercial real estate and new economic opportunities in smaller Manitoba communities outside of Winnipeg.

Richard Crenian, president of ReDev Properties, noted the trend in a recent blog post. In it, he said many CRE investors “are taking advantage of lower prices in once considered sleeper towns in Manitoba. Investors’ interest has specifically been concentrated on the outskirts of Winnipeg’s Perimeter Highway.”

Crenian also singled out other communities such as Steinbach, Brandon, and Portage la Prairie, which have all attracted the interest of big players.

Availability of land and costs are key driving factors in the interest, Crenian told RENX in an interview. The story is similar to what’s happening in other areas of the country such as Balzac just outside of Calgary, municipalities outside Edmonton and many outlying communities in the Greater Toronto Area.

“People are going to all of these small places because it’s about affordability,” said Crenian.