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Toronto ranks 13th in Total Wealth Worldwide

March 4, 2018

New World Wealth’s (NWW) 2018 Global Wealth Migration Review (which ranks the collective wealth of individuals in the city with net assets of $100,000 USD or more), ranked Toronto as the 13th wealthiest city on the planet. According to the South African based market research firm which specializes in tracking the wealth migrations of over 150,000 high-net worth individuals (HNWIs) worldwide, an estimated USD $944 billion in total wealth is held in the city of Toronto. Total wealth is defined as including all of the individual’s assets (property, cash, equities, business interests) less any liabilities and excluding any government funds.

NWW believes wealth to be a far better measure of the financial health on an economy than GDP, which, among other factors, can count items multiple times, disregards income levels in a country, and ignores the efficiency of the local stock market in retaining wealth in a country. Canada performed well overall in 2017, ranking as the 8th wealthiest country worldwide, an increase of 11% from 2016 to 2017 and boosted by steady HNWI migration into Vancouver, Toronto, Calgary, and Montréal. Toronto is the only Canadian city to have made the top 15 wealthiest cities list, illustrating the continuing demand for luxury product such as Greybrook’s Avenue & Park and Scollard developments.

Read the full 2018 Global Wealth Migration Review from New World Wealth here.



Toronto Life Masterclass on Real Estate Investing Hosted by CEO Peter Politis

November 29, 2021

The Masterclass offered insights into the world of investing in real estate development, the current Toronto market, and the future of housing in the GTA. Listen to the full Masterclass below. The Masterclass discussed a variety of topics including what…

Greybrook Team Takes Part in Movember

November 29, 2021

Since inception, Movember has proudly welcomed more than five million supporters and has funded more than 1,250 innovative men’s health projects across 20 countries, raising awareness about testicular cancer, mental health and suicide. With the focus on male health issues,…

The House of Assembly Breaks Ground in Toronto’s Junction Triangle

Portfolio Updates
November 26, 2021

Peter Politis, CEO and Sarah Mansour, Executive Director of Strategy and Corporate Development at Greybrook Realty Partners joined our developer partners at Marlin Spring to celebrate this major project milestone and speak about the area’s exciting evolution. This transformation of…

Greybrook’s Christopher Kozub Honoured as 2021 Lexpert Rising Star: Leading Lawyer Under 40

Company News
November 25, 2021

This year, Greybrook is pleased to announce that Christopher Kozub, Greybrook Securities Inc., General Counsel has been recognized as a Leading Lawyer Under 40 as winner of Lexpert’s 2021 Rising Stars Award. Finalists from law firms, in-house legal departments, government,…

Watch Canadian Business and Toronto Life Insider’s Fireside Chat with CEO Peter Politis

October 27, 2021

Watch the full virtual Fireside Chat below. During the discussion, Peter recounts the unique position Toronto is in for real estate investment opportunities, giving the city plenty of room for long-term sustainable growth. Ranking as one of the most livable…

Watch the Waldorf Astoria Residences Miami Project Film

October 22, 2021

Watch the short film below. Designed unlike anything built before in Miami, this luxury residential and hospitality tower will include a stack of nine offset glass cubes, replicating a freestanding sculpture in the sky. The design is led by concept…

Construction Progresses at Symphony Towns in Oshawa

Portfolio Updates
October 18, 2021

With phase I foundations and framing complete, the construction team has been hard at work beginning the drywall and interior finishing work. Alongside developer partner, Marlin Spring, the townhome project will bring over 200 beautifully designed homes to the heart…

Society Atlanta Makes Waves with Latest Announcement

Portfolio Updates
October 15, 2021

The exciting news was picked up by the Atlanta Business Chronicle, Atlanta Agent Magazine and REBusiness Online. Society Atlanta is the latest addition to our growing nation platform in partnership with PMG. With plans set for Atlanta our expanding portfolio…

Groundbreaking Held for Artistry Project in Downtown Toronto

Portfolio Updates
September 30, 2021

  Peter Politis, CEO of Greybrook Realty Partners and Jared Berlin, Executive Director of Greybrook’s Asset Management group joined our developer partners at Tribute Communities to celebrate this major project milestone and official construction kick off. Located in Downtown Toronto,…

Greybrook Sponsored and Participated In Velo Blu 2021 Charity Bike Ride

September 29, 2021

This charity ride is in support of the Blu Genes Foundation, a charitable foundation on a mission to advance gene therapy and find a cure for genetic disorders. Last Friday, the Greybrook team was out in full force to participate…