Why are Canadian companies gobbling up property in the U.S?

Canadian companies are on a U.S. property buying spree. Canada is  easily outpacing every other country in what is called net real estate investment in  U.S. commercial property,  even ahead of a combined Europe.

Canadians have bought about US$27-billion more in property in the U.S. than Americans have purchased here over the past four years, has been a unique set of market conditions.

Why?

The major reason is that the United States, with its diversity and growth and with more like 11 or 12 times Canadian market size and its proximity, along with the same language and similar laws, makes it more akin to a domestic market than going further afield for purchases. Canada’s dominance is impressive.

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