dtz barnicke index vol. 57

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Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal, or other changes without notice and same should not be relied upon without independent verification. DTZ Barnicke Limited, Real Estate Brokerage 2010 1 DTZ Barnicke Index February 24, 2011 Vol. 57 Inflation 2.3% Jan 2011 Unemployment Rate 7.8% Jan 2011 Participation Rate 67.0% Jan 2011 Goods Producing Sector (Million) $348,295 Nov 2010 Service Producing Sector (Million) $899,215 Nov 2010 PMI 60.8% Jan 2011 Land Only 103.9 Dec 2010 GDP (Trillion) $1.242 Nov 2010 S&P/TSX Capped Real Estate Index $201.87 02/24/11 Economic Indices Total CPI 117.8 Jan 2011 Retail Sales (Billion) $37.3 Dec 2010 Real Estate Indices S&P/TSX Capped REIT Index $140.69 02/24/11 NHPI (1997=100) 104.0 Dec 2010 Investment Non-Res Construction $10.5b Q4 2010 House Only 103.7 Dec 2010 Source: Bloomberg, Statistics Canada, Bank of Canada, TMX Money, ISM Index Snapshot Canadian Market Summary Other Real Estate News • DeBoer’s furniture to close it doors and sell properties. (Ottawa Citizen) • Major Bloor-Dufferin redevelopment in works. (InsideToronto.com) • New formats help retailers gain access to urban markets. (Globe and Mail) • Iconic Toronto retailer, William Ashley acquired by venture capital firm. (CTV News) • The Drake Hotel announces plans for expansion. (Toronto Life) • 7 For All Mankind continues aggressive retail expansion in Canada. (Digital Journal) • Homburg buys three retail properties in Quebec. (The Gazette) • SNC-Lavalin, OMERS in talks to partner on Atom Energy deal. (The Globe and Mail) • Price of units lower, but still no bargain for Vancouver Olympic Village. (The Vancouver Sun) • Dundee buys ByWard Market office for $38.3M. (Ottawa Business Journal) • Industries flock to sites at CentrePort spurring building boom in Winnipeg. (Winnipeg Free Press) • Upgrading tower projects in Toronto awaits green loans. (Daily Commercial News) • Major retail/commercial development proposed for Canada Olympic Park. (Calgary Herald) • Ritz Carlton Toronto among most elegant additions to Toronto. (The Toronto Star) • Canadian fund said to buy 50% of Europe’s biggest retail centre. (Bloomberg) • Excavation will be complete in April on 10-acre, 1.8m sq ft World on Yonge. (Yonge Street Media) Contact Sarah Lambersky, IMBA Research Manager Tel: (416) 863 1215 Email: [email protected] DTZ Barnicke Limited 2500 - 401 Bay Street Toronto, Ontario, Canada M5H 2Y4 • Consumer prices rose 2.3% in the 12 months to January 2011 following the 2.4% increase posted in December. Full story at: http://www.statcan.gc.ca/subjects-sujets/cpi-ipc/cpi-ipc-eng.htm • Retail sales decreased 0.2% in December to $37.3 billion following a notable increase in November. Full story at: http://www.statcan.gc.ca/daily-quotidien/110222/dq110222a-eng.htm • Manufacturing sales advanced 0.4% to $45.4 billion in December. Full story at: http://www.statcan.gc.ca/daily-quotidien/110216/dq110216a-eng.htm • Wholesale sales increased for a fifth consecutive month in December rising by 0.8% to $45.9 billion. Full story at: http://www.statcan.gc.ca/daily-quotidien/110217/dq110217b-eng.htm • Housing starts for January 2011 registered at 170,400 units according to the Canada Mortgage and Housing Corporation. This is up from 169,000 units in December 2010. Full story at: http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2011/2011-02-08-0815.cfm Building Permits: Non-Res $1.88b Dec 2010 10 Year Canada Bond Rate 3.69% 02/23/11

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Economic and real estate index for Toronto and Canada

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Page 1: DTZ Barnicke Index Vol. 57

Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal, or other changes without notice and same should not be relied upon without independent verification. DTZ Barnicke Limited, Real Estate Brokerage 20101

DTZ Barnicke IndexFebruary 24, 2011 Vol. 57

Inflation 2.3% Jan 2011

Unemployment Rate 7.8% Jan 2011

Participation Rate 67.0% Jan 2011

Goods Producing Sector (Million)

$348,295 Nov 2010

Service Producing Sector (Million)

$899,215 Nov 2010

PMI 60.8% Jan 2011

Land Only 103.9 Dec 2010

GDP (Trillion) $1.242 Nov 2010

S&P/TSX Capped Real Estate Index

$201.87 02/24/11

Economic Indices

Total CPI 117.8 Jan 2011

Retail Sales (Billion) $37.3 Dec 2010

Real Estate Indices

S&P/TSX Capped REIT Index $140.69 02/24/11

NHPI (1997=100) 104.0 Dec 2010

Investment Non-Res Construction

$10.5b Q4 2010

House Only 103.7 Dec 2010

Source: Bloomberg, Statistics Canada, Bank of Canada, TMX Money, ISM

Index Snapshot

Canadian Market Summary

Other Real Estate News

• DeBoer’s furniture to close it doors and sell properties. (Ottawa Citizen)

• Major Bloor-Dufferin redevelopment in works. (InsideToronto.com)

• New formats help retailers gain access to urban markets. (Globe and Mail)

• Iconic Toronto retailer, William Ashley acquired by venture capital firm. (CTV News)

• The Drake Hotel announces plans for expansion. (Toronto Life)

• 7 For All Mankind continues aggressive retail expansion in Canada. (Digital Journal)

• Homburg buys three retail properties in Quebec. (The Gazette)

• SNC-Lavalin, OMERS in talks to partner on Atom Energy deal. (The Globe and Mail)

• Price of units lower, but still no bargain for Vancouver Olympic Village. (The Vancouver Sun)

• Dundee buys ByWard Market office for $38.3M. (Ottawa Business Journal)

• Industries flock to sites at CentrePort spurring building boom in Winnipeg. (Winnipeg Free Press)

• Upgrading tower projects in Toronto awaits green loans. (Daily Commercial News)

• Major retail/commercial development proposed for Canada OlympicPark. (Calgary Herald)

• Ritz Carlton Toronto among most elegant additions to Toronto. (The Toronto Star)

• Canadian fund said to buy 50% of Europe’s biggest retail centre. (Bloomberg)

• Excavation will be complete in April on 10-acre, 1.8m sq ft World on Yonge. (Yonge Street Media)

ContactSarah Lambersky, IMBA

Research Manager Tel: (416) 863 1215

Email: [email protected] Barnicke Limited 2500 - 401 Bay Street Toronto, Ontario, Canada M5H 2Y4

• Consumer prices rose 2.3% in the 12 months to January 2011 following the 2.4% increase posted in December. Full story at: http://www.statcan.gc.ca/subjects-sujets/cpi-ipc/cpi-ipc-eng.htm

• Retail sales decreased 0.2% in December to $37.3 billion following a notable increase in November. Full story at: http://www.statcan.gc.ca/daily-quotidien/110222/dq110222a-eng.htm

• Manufacturing sales advanced 0.4% to $45.4 billion in December.Full story at: http://www.statcan.gc.ca/daily-quotidien/110216/dq110216a-eng.htm

• Wholesale sales increased for a fifth consecutive month in December rising by 0.8% to $45.9 billion. Full story at: http://www.statcan.gc.ca/daily-quotidien/110217/dq110217b-eng.htm

• Housing starts for January 2011 registered at 170,400 units according to the Canada Mortgage and Housing Corporation. This is up from 169,000 units in December 2010. Full story at: http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2011/2011-02-08-0815.cfm

Building Permits: Non-Res$1.88b Dec 2010

10 Year Canada Bond Rate 3.69% 02/23/11