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U.S. tensions drive family offices to look elsewhere for real estate opportunities

By now, the so-called Sell America trade has shown up in global capital flows out of U.S. stocks, bonds and currency.

But it may also be taking root in real estate—a core asset for many family offices—as they look beyond the familiar U.S. market for global allocations.

In this article we expore the sectors and coordinates outside North America that advisors say are worthy of attention. This article was our most popular of the week.  

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MEMBER CONTENT

Believe in the credit cycle, and watch the risk: highlights from Canso’s January Corporate Bond Newsletter

The balance of risks is highly asymmetrical, and tighter spreads lead borrowers to take on higher leverage and aggressive growth. But at what cost?

After the “everything rally” of 2025, the team at leading Canadian institutional investment management firm Canso Investment Counsel wrote in their latest Corporate Bond Newsletter that now’s the time to build liquidity so that you have the freedom to act with conviction when the cycle turns, whenever that may be. Read the full Corporate Bond Newsletter.

This article is brought to you by Canso Investment Counsel Ltd.

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Also new this week

Great speech. Now what do you do for an encore?

Prime Minister Mark Carney’s speech at the World Economic Forum earned rare praise, even across political divides. But can he summon the political will to make concrete changes?

Starting Feb. 2: Our second annual Special Report on Canadian philanthropy

This month we are taking a deep dive into Canadian philanthropy, with special coverage, an expert panel and a survey of high-dollar givers, advisors and those running family foundations

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