Canada office insights
Canadian office market activity slows as companies navigate the unknown.
- Shawna Rogowski
- Matthew Clark
- Megan Keeler
Many tenants have continued to try to accommodate the needs of their employees by considering hybrid flexible work options, especially in a market fueled by competition for talent. However, the threat of a recession, coupled with rising interest rates and extreme inflation has put companies in a position where several have paused their decision-making on office space, especially when looking at expansion opportunities.
Click below to download the individual city insight reports:
Calgary office insight
2022 finishes on a bright note with all signs pointing to returning to normal.
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Montreal office insight
Class A assets continued to perform while Class B must adjust to evolving demand.
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Southwest Ontario office insight
Market conditions continued to favour tenants as vacancy remained elevated in Q3.
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Vancouver office insight
Vacancy rate increased with sublet availability hitting a record high.
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Toronto office insight
Sublease availability reaches all-time high as users continue to adjust to economic uncertainty.
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