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Downtown Toronto Office Insight - Q4 2016

Toronto’s economy continues to perform, currently being the second fastest growing metropolitan area in Canada, with real output projected to expand 3.4 percent in 2016, and 2.6 percent in 2017. Asking rents experienced a sizable bump this past quarter, with Downtown Class A net rents rising 4.0 percent year-over-year and Downtown Class B net rents rising 6.8 percent year-over-year. ​

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