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Research

Report

Office Market Overview - Canada - Q3 2014


​After two quarters of sluggish performance office markets across Canada displayed positive signs with improved leasing activity and occupancy gains in the third quarter of 2014. In fact, seven of the nine tracked Canadian office markets posted positive absorption compared to just three of those markets in the second quarter.

Business confidence is gradually improving and many tenants are taking full advantage of increasingly tenant-favourable conditions to evaluate early renewals at favourable lease terms.

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