Through the Noise: Real Estate in the Post-Pandemic Era 

In the wake of the most aggressive interest rate hike in half a century, the Canadian commercial real estate landscape has had to adapt to a dramatically different investment environment. With cap rates surging by 20%, and valuations facing pressure, many investors are left wondering: can this asset class still deliver stable returns? The answer lies in understanding the underlying income dynamics—because in this new era, it’s not just about value, it’s about income resilience. 

This white paper, Through the Noise: Real Estate in the Post-Pandemic Era, cuts through market volatility to provide institutional investors with a strategic lens on how Canadian real estate is weathering the storm—and where the opportunities lie. Backed by data, historical context, and expert insights from TD Asset Management's real estate experts, this resource equips decision-makers with the perspective needed, long-term decisions in a high-cap rate world. 

What you'll learn from this white paper: 

• Why Canadian commercial real estate delivered positive returns despite valuation pressures 
• How rising cap rates compare to historical cycles—and what that means for future returns 
• The income-growth story: why unprecedented population growth and limited supply are setting the stage for long-term performance 
• The Sector spotlight: why multi-unit residential and Class A assets are outperforming and offering downside protection 
• How to structure portfolios for resilience and return in a reflationary environment 

Download the white paper now to gain clarity in a complex market and explore how Canadian real estate can be a stable, strategic component of your long-term portfolio.