RealNet has released figures on the third quarter results for Toronto’s commercial real estate investment market, announcing a record level of investment in the first three quarters of 2012, a substantial increase from 2011.

The apartment sector recorded $652 million in capital flow, an increase of 214% from Q3-2011. This spike according to RealNet is largely due to Elad’s eight-building portfolio sale that netted a total of $356 million. In residential land investments there were a recorded 93 transactions comprising $650 million; high-rise land investments represented 57% of these transactions. 

In total there were 518 transactions in the third quarter that were worth $1 million or more. The cumulative 2012 investment volume is currently sitting at $10.4 billion, a 13% increase from the same period in 2011.