CBRE Canada
Canadian Property Management
Rising office vacancy pairs with rent growth
CBRE Canada reports an all-time high national office vacancy rate and another quarter-over-quarter increase in average Class A net rents for Q1 2023.
Canadian Property Management
Office market setback a national trend for Q4
The fourth quarter of 2022 saw the office vacancy rate climb to 17.1 per cent across 10 major Canadian markets, accompanied with 2.1 million square feet of negative absorption.
Canadian Property Management
Lender confidence varies by CRE asset class
Logistics warehouses, multifamily rental buildings, data centres and life sciences labs are tapped as favoured assets in CBRE Canada’s newly released survey of lenders' sentiment.
Canadian Property Management
Paul Morassutti appointed CBRE Canada chairman
A member of CBRE’s executive management committee, Morassutti has most recently served as head of the firm's valuation and advisory services.
Canadian Property Management
Robust yields ongoing for industrial landlords
Market analysts and asset managers express confidence that the industrial sector will be buoyant into the future despite current global economic uncertainty.
Canadian Property Management
More setbacks for downtown Class B office in Q3
The average national vacancy rate for downtown Class B office space hit an all-time high in Q3 2022, while the Class A vacancy rate dipped downward in seven of 10 markets CBRE Canada surveys.
Canadian Property Management
GTHA lab space scarcity portends opportunity
Market analysts see a vibrant niche of real estate investment potential in the Greater Toronto and Hamilton Area, where the vacancy rate for lab space is currently 0.2 per cent.
Canadian Property Management
Food-anchored retail tops CRE investment menu
Food-anchored retail plazas remain a staple on the commercial real estate menu, again emerging as the preferred asset type in Altus Group’s survey of Canadian investment trends in Q2.
Canadian Property Management
Cap rates open up in Q2
Cap rates opened up and investment activity slowed across every Canadian property sector during the second quarter of 2022.
Canadian Property Management
Suburban office markets tighter than downtown
Suburban office markets posted lower vacancies than their downtown counterparts in several of Canada’s largest urban centres during the first quarter of 2022.
Canadian Apartment Magazine
Blame tactics scapegoat multifamily investors
Policy makers could could further undermine rental housing supply and affordability prospects if market interventions divert institutional capital elsewhere.
Canadian Property Management
Q4 2021 sees investors broaden search for yields
Low yields on industrial and multifamily properties had more investors turning to office, retail and alternative asset classes in the fourth quarter of 2021.
Canadian Property Management
Office markets recover lost ground
After six consecutive quarters of declining occupancy, some of Canada’s office markets began to recover lost ground in the fourth quarter of 2021.
Canadian Property Management
Real estate lending set to ramp up in 2022
More than two-thirds of Canadian lenders participating in CBRE’s recent annual survey indicated plans to increase allocations to real estate, equating to an estimated 10 to 20 per cent boost in availability of capital.
Canadian Property Management
Office market turnaround delayed at least to Q4
A fourth wave of COVID-19 stalled hopes for an office market turnaround in the third quarter of 2021, while demand for industrial space continued unabated.
Canadian Property Management
Pace of office sublet activity slackens in Q1
Industrial space got even tighter in Canada’s largest commercial real estate markets during the first quarter of 2021, while office sublet activity continued, but at a slower pace than in Q4 2020.
Canadian Property Management
New office supply poses backfill challenges
An influx of new office supply was always expected to shake up the status quo in the downtown Toronto market given that approximately two-thirds of the 8+ million square feet of space currently under construction is already preleased.
