48 income. Logistics and life sciences represent further areas of interest for Israeli investors. Whether it is drug development, drug transportation, or building state-of-the-art labs for scientists, life sciences is proving to be a strong real estate asset, while demand for commercial property dips. Equally, the ongoing ecommerce boom, onshoring, supply chain reconfiguration and modernization are important drivers for investment into logistics. Daniel Graske, also a Hamburg-based partner at Taylor Wessing, agrees that “there are the usual categories of office, logistics, residential as well as data centers – less so retail.” Goldman at Aird & Berlis adds: “In response to recent housing supply and affordability issues, the federal government enacted the Prohibition on the Purchase of Residential Property by Non-Canadians Act, on a temporary basis, intended to prohibit the purchase of residential real estate by nonresidents. This, however, does not impact the opportunities for investing in commercial real estate or residential properties outside metropolitan areas. As Canada’s population continues to grow, new areas are rapidly developing around central hubs and the market offers a wide array of investment options including retail, industrial, office or mixed-use spaces. Many retail, industrial, office or mixed-use spaces have long-term leases and guarantee consistent cash flow, making them attractive for investors and developers.”
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