Welcome to Edmonton
Located in Alberta, Edmonton is the provincial capital and serves as the staging point for the large-scale oil sands projects based in the northern part of the province. World-leading oil and gas exploration, production and service companies maintain large operations here and, due to its central location between BC and other Prairie provinces, the city provides a regional transportation link to Asia, the U.S., and Canada’s North while fostering national and international trade.
Edmonton’s position as a leader in global energy markets has led to a diverse, highly-educated, and rapidly-expanding population of more than 1.2 million, which exceeds national averages in income, employment and several other categories. In addition to energy, major industries include tourism, transportation and high-technology, which all benefit from the presence of internally-renowned post-secondary educational facilities. Accordingly, Edmonton has a thriving commercial real estate market, which has displayed resilience to global economic challenges. Thanks to the city’s wide-open landscape, real estate market expansion faces few geographic barriers and benefits from a high level of available land.
Capital Debt Markets Update Summer 2020July 21, 2020The Avison Young Western Canada Debt Capital Group services Edmonton, Calgary and Vancouver. This creates a unique perspective on how real estate assets are being analyzed and financed.
Avison Young offers flexibility for employees to work remotely through end of 2020May 11, 2020
Capital Debt Market Update Spring 2020Western Canada Debt Capital GroupApril 20, 2020The usual format for our newsletters provides background on the historic direction of interest rates based on movement in key indicators, allowing us to provide some insight on what we see as evolving trends over the short to medium term. Suffice it to say events through March have made such an attempt to be quite futile.
The Future of Retail (March 2020)Adapting to a changing landscapeMarch 18, 2020
Capital Debt Markets Update Winter 2020The Avison Young Western Canada Debt Capital Group services Edmonton, Calgary, and VancouverFebruary 5, 2020The availability of debt is still strong in Alberta, but we've seen tightening of how risk is factored into debt underwriting, exacerbated by the receivership of a major Alberta player.
Edmonton Industrial Market Report Q4 2019January 31, 2020In 2019, Edmonton was subjected to general market uncertainty from pipeline delays to provincial and federal political changes, amongst other things. However, the market landscape in 2020 seems primed and ready to finally bounce back from the economic slowdown of recent years.