Best bets for investing in commercial real estate in 2024

by Kathy Kerr

Tech spaces, hotels, data centres and life-science labs are expected to be asset gems for investors in the coming year.

Commercial real estate will endure continued inflation and interest-rate challenges into the second and third quarters of 2024, experts and economists predict. But there are some asset gems that investors should consider in the coming year that could outpace the market or prove to be good long-term bets.

Consider a data centre in Quebec. With cheap hydro power, the biggest expense involved in data centres, Quebec is a prime location, says Adam Jacobs, senior national director, research at Colliers Canada.

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