office vacancy rates


Canadian Property Management

St. John’s office vacancy rate continues to climb

The office vacancy rate in St. John’s rose again year over year, and now sits at 17.21 per cent overall, up from 15.96 per cent a year ago.
tech market

Canadian Property Management

Toronto tech market outpaces U.S. frontrunners

Toronto is North America’s fastest growing tech market, outpacing New York and San Francisco combined.
tech hub

REMI Network

Ottawa’s urban tech hub potential untapped

Despite a strong Ottawa office market, the downtown core still isn't realizing its full potential as an urban tech hub.
multifamily market

REMI Network

Historically low downtown T.O. office vacancy kicks off next development cycle

Available office space in the GTA declined during the first quarter of 2017, with record low vacancy setting the ground for a new development cycle.

REMI Network

Toronto office vacancy sits at record low

Office vacancy in downtown Toronto has remained at a 4.6 per cent two-year record-low for the past three quarters.

REMI Network

Available space rises in Montreal office market

Vacancy rates in downtown Montreal's Class A and B office buildings has risen to 9.0 per cent over the first half of 2015.

REMI Network

Suburban Montreal drives office market interest

Montreal’s downtown office market slowed in 2015' Q3, but the suburban market showed more activity, with a vacancy drop from 1.2 per cent to 9.4 per cent.
rental market

REMI Network

Steady leasing velocity in GTA Q3 office market

The flight to quality in the Greater Toronto Area (GTA) has continued into the third quarter of 2015, as demand is focused on Class A office space.
office market

REMI Network

T.O. office market ripens beyond downtown core

Toronto's office market is growing beyond the downtown core as creative-class needs increase and financial industries expand.

Canadian Property Management

Economy challenges Canadian office market

Lower oil prices, shrinking availability of office space and urban intensification are a few big factors affecting various office markets across Canada.
Calgary apartment sector

REMI Network

Calgary office market to see slow recovery

The vacancy in Calgary’s office market has risen more than two per cent from Q1 2015, moving from 10.67 to 12.75 per cent in the Q2.

REMI Network

Vacancy rates rise in Ottawa office market

Vacancy rates among Class A and B office buildings in Ottawa have continued to increase over the past six months to almost 6.5 per cent.

Canadian Facility Management & Design

Canada’s office vacancy rates rise in 2014: report

Corporate real estate advisor and brokerage Newmark Knight Frank Devencore recently released a Real Estate Market Study, noting that office vacancy rates in the downtown areas of many major Canadian cities have increased, year-over-year. Over the last 12 months, Class “A” and “B” office vacancy rates have increased, Canada-wide, from 4.9 per cent to six per cent.