Currency Rates, Taxes Spur Rise In Cross-Border RE Deals

Law360, New York (November 9, 2012, 7:54 PM EST) -- Canadian manufacturers bolstered by a stronger Canadian dollar are snagging property deals in the U.S., while American technology and retail companies are heading north in search of tax breaks and new markets, experts say.

Enticed by low land prices in the wake of the U.S. real estate bust and armed with a dollar that now stands about on par with its American equivalent, a growing number of Canadian companies are crossing the border to set up new branches or headquarters. Meanwhile, U.S. firms hungry to tap...
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