office

The national office vacancy rate in Canada climbed in the second quarter to its highest level since 1994, according to a report by commercial real estate firm CBRE. The firm said Tuesday that the national office vacancy rate rose to…

TORONTO — CBRE says Canada's national office vacancy rate hit an all-time high in the first quarter of the year. The real estate firm says the country's overall office vacancy rate amounted to 17.7 per cent, while downtown office…

VANCOUVER — Avison Young says Vancouver's downtown office vacancy rate has hit 10 per cent for the first time in almost 20 years. The real estate firm says the first quarter of this year brought Vancouver's downtown office vacancy…

TORONTO — Nordstrom's departure from Canada's retail landscape will leave significant holes in shopping malls, and some analysts say landlords will need to get creative to fill the space. If malls want to find similar tenants to…

TORONTO – The outlook for commercial real estate looks ``bumpy'' in the near term, but CBRE's 2023 forecast predicts a soft landing could still be in the cards. The Canada Real Estate Market Outlook report, released Tuesday, predicts…

TORONTO — In the first months of the COVID-19 pandemic, Shopify Inc.'s Tobi Lutke was among the first tech leaders to declare most of his staff would ``permanently work remotely'' because ``office centricity is over.'' His belief in…

TORONTO – A new report says the total value of commercial real estate sales in the Greater Toronto Area in the second quarter rose 43 per cent compared with a year ago. The report by Avison Young says sales of office, industrial,…

Ivanhoé Cambridge, the City of Montreal, Cogir Real Estate, and Pomerleau announced Haleco, a unique mixed-use development project (residential, commercial, and office) between Old Montreal and Griffintown. Designed by the teams…

TORONTO – Commercial real estate firm CBRE says for the second quarter in a row, the country's suburban office vacancy level was lower than the rate seen for downtown regions. The firm says the national suburban office vacancy rate…

This year’s Hays Specialist Recruitment Salary Guide unveils a new record in its latest report. The poll reveals two-thirds of Canadians (65 per cent) are seriously considering leaving their current role. The new figures represent a…