Imagine you own some commercial real estate in your city's main business or shopping district. And say you rent to a business that's having trouble paying that rent, which means you have trouble paying the mortgage.

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Competition among buyers in Canada's largest city has cooled significantly over the past year, according to the real estate brokerage and analysis firm Zoocasa, with figures now suggesting that Toronto is no longer a "seller's market" but a "balanced market."

While the report did not reveal the percentage rise compared to last year, it did reveal that foreign ownership of Emaar Properties as of Dec. 9, 2020, amounted to 2.54 billion shares, or 35.51 percent of total shares.

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Samantha Akkineni

Foreign ownership of Al Dar Properties amounted to 2.083 billion shares or 26.5 percent, while Damac Properties had 2.046 billion, or 33.825 percent, of shares owned by non-Emiratis. Foreigners are allowed to own up to 49 percent of companies listed on the UAE financial markets.