Image Source: Simon Cunningham On July 2, 2014, the South China Morning Post covered the moves of Canada&#x27s two largest funds. Canadian pension funds continue to make big and bold multi-million dollar real estate investments, and this time Ivanhoe Cambridge and Canada Pension Plan Investment Board are investing $150 million and $108 million respectively in New York City&#x27s real estate. This move isn&#x27t unusual for Canada&#x27s biggest real estate players, as they were the largest buying force of the United States commercial property in 2013 and are the second most prevalent in New York City. While many smaller Canadian investors have been cashing out of the United States and turning back to investing in Canada, these big funds already control an abundance of deals north of the border. In fact, they are responsible for holding onto the bulk of Canada&#x27s largest office buildings and shopping malls, with no plans to sell them anytime soon. It&#x27s unlikely that New York City will lose its popularity, but there are signs that the market is poised for a correction as residential foreclosures are surging and with a stock market, which experts predict is overvalued by as much as 60 per cent. This current trend has resulted in many individual investors being priced out of the market, making home soil the current better choice for individual investors.   Want to learn more about Richard Crenian?

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