Research
Canada Real Estate Outlook – Q2 2022
Reopening momentum and positive terms of trade support real estate performance through H1 2022, despite persisting economic uncertainty
August 10, 2022
Contributors:
- Shawna Rogowski
- Heli Brecailo
- Chad Piche
Both industrial and retail are expected to remain resilient to softening economic conditions as the year wears on. Office, however, is expected to experience a delayed recovery from COVID induced occupancy losses.
The trends we noticed:
Office market: Economic uncertainty causes many tenants to hit pause on office expansion plans
Industrial market: While economic uncertainty gathers, the industrial market remains resilient
Retail market: Retail in-store interest remains high