Research

Canada real estate outlook - Q3 2021

As the Canadian Economy finds its legs, real estate fundamentals strengthen across all asset classes

December 08, 2021
Contributors:
  • Chad Piche
  • Claudia Verno
  • Heli Brecailo
  • Shawna Rogowski

As the Canadian economy finds its legs, occupier demand has increased across all asset classes. Looking into 2022, industrial is expected to continue to see record demand while retail and office are expected to see resurgent user demand after almost 2 years of turbulence.

The trends we noticed:

Office market: Vacancy continues to drift upwards but demand for high quality built out space remains high

Industrial market: Vacancy again hits a new historic low and new supply can’t keep up

Retail market: Canada retail fundamentals strengthen entering the holiday season

Fill out this form to download report

There was an error submitting the form. Please try again.

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.