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Flexible office models spark interest amid Calgary’s rising tech demand Coworking space emerging as niche market in Calgary for rising tech demand https://www.avisonyoung.us/w/friendly-journal-URL...

Return-to-office to drive surge in leasing activity in Toronto Toronto’s office vacancy rose to 17.1% despite job growth; hybrid work reshaped demand, but leasing momentum is returning as in-office...

The residential renaissance of Montréal’s old industrial districts Since 2010, more than 8.1 million square feet (msf) of industrial buildings have been demolished or are about to be demolished in...

Daycare demand creates prime opportunity for Edmonton's downtown office properties to address service needs With childcare needs rising alongside Edmonton’s goals for growing its downtown...

Daycare demand creates prime opportunity for Calgary's downtown office properties to address service needs With childcare needs rising alongside Calgary’s strong downtown office workforce, demand...

New supply of self-storage space closely linked to population growth in Canada Canada’s self-storage supply to double by 2026, driven by population growth, downsizing trends, and smaller apartments...

Higher tax rates in Edmonton impacting industrial growth within the city limits A comparison of non-residential mill rates across the Edmonton region highlights a stark disparity between the City...

Next phase for Calgary’s industrial market has arrived Calgary’s industrial sector remains resilient, underpinned by strong economic fundamentals; tenants are gaining increased negotiating power;...

Investors of all types are buying newer and larger apartments Investors are targeting newer, larger apartments to cut costs and boost efficiency amid rising inflation and growing rental supply....

Calgary airport hotels outperform downtown hotels post-covid Comparing occupancy rates of hotels in Downtown Calgary to YYC International Airport...

Edmonton airport hotels outperform downtown hotels post-covid Comparing occupancy rates of hotels in Downtown Edmonton to YEG International Airport...

Montréal's industrial inventory is gradually rejuvenating Montréal’s inventory, the cradle of industrialization in North America, stands out for its high proportion of buildings built before 1976,...

Increase in GO Train ridership not linked to declining downtown office vacancy rate… yet In 2019, the number of GO Transit rail passenger trips averaged just over 5 million per month. In 2024, the...

Increase in Federal workforce having little impact on Ottawa’s vacancy rate Federal government hybrid work & RTO policies shaping Ottawa office market; vacancy rates stabilize with gradual public...

There are currently 26 office buildings with more than 100,000 square feet of vacant space in Downtown Montréal. These 26 buildings account for 47% of the vacant space downtown, out of a total...

The amount of grocery store space available per individual in Edmonton has decreased since 2000

The amount of grocery store space available per individual in Calgary has decreased since 2008

Low interest rates in Canada boost industrial acquisition activity https://www.avisonyoung.us/w/low-interest-rates-boost-industrial-acquisition-activity The low interest rates of 2020 and 2021...

2024 sees record amount of new purpose-built residential rental units added to the market in Calgary A record number of new purpose-built rental projects were delivered in 2024...

2024 sees record amount of new purpose-built residential rental units added to the market in Edmonton A record number of new purpose-built rental projects were delivered in 2024, helping alleviate...

Vacancy rose 7.7% over the past 5 years in Calgary's 'character' office space

Vacancy rose 17.7% over the past 5 years in Edmonton's 'character' office space

Office absorption concentrated in newest towers Office absorption concentrated in newest towers https://www.avisonyoung.us/w/office-absorption-concentrated-in newest-towers Like many trends, the...

Canada industrial sublet space surges in 2024 Canada industrial sublet space surges in 2024 https://www.avisonyoung.us/w/canada-industrial-sublet-space-surges-in-2024 Currently, there is 9 million...

Calgary’s population continues to lead the nation as economic and commercial opportunities improve Calgary is benefitting from a population boom with annual growth rates projected to lead all other...

‘Flight to quality’ in Toronto’s Financial Core: where are we now? Class B vs. Class A Vacancy in Toronto’s Financial Core https://www.avisonyoung.us/w/friendly-journal-URL ‘Flight to quality’ is...

Price gap narrowing between serviced and unserviced industrial land in Calgary Price gap narrowing between serviced and unserviced industrial land in Calgary, Alberta...

The “flight to quality”: rethinking Montreal’s older office buildings https://www.avisonyoung.us/w/friendly-journal-URL The flight to quality is accelerating for available office space on the...

Dynamic retail growth drives leasing activity in Calgary's suburban areas Leasing velocity surged across various retail types in 2023, demonstrating robust momentum in Calgary’s suburban retail...

Trophy office properties in Canada have the longest lease lengths compared to other office classes https://www.avisonyoung.us/w/friendly-journal-URL Through 2023, the average lease term for office...

New supply pushes vacancy rate upwards for large industrial buildings in Greater Montreal Vacancy has been rising steadily over the past year, from 2.0% in Q1 2023 to 2.2% in Q3 2023, and our data...

GO Transit commuter rail ridership indicates a recovery, yet overall downtown office vacancy rates are still lagging https://www.avisonyoung.us/w/friendly-journal-URL In 2019, the average monthly...

The "flight for quality" provides a new opportunity to repurpose older buildings for non-office use in Edmonton Rise in the "flight for quality" trend, is evidenced in the positive absorption seen...

The "flight for quality" is a new opportunity to repurpose older buildings for non-office use in Calgary Rise in the "flight for quality" trend in Calgary, is evidenced in the positive absorption...

Sublets are finding tenants in downtown Montreal Comparing sublet, direct and total avialability in Downtown Montreal commercial real estate market....

High interest rates in the Ottawa National Capital Region, are causing a headwind in real estate investment activity Rebounding from High Interest Rates in Ottawa’s Real Estate Market in the...

Ottawa's office-to-residential conversions offer solutions Ottawa's housing crisis is leading local developers to explore office-to-residential conversions in the downtown core. Learn more about...

Number of transit commuters on the rise in Alberta After a significant drop in commuter numbers in 2021 due to the pandemic, transit commuters are on the rise. Positive news for the economy and...

Number of vehicle commuters on the rise in Alberta After a significant drop in commuter numbers in 2021 because of the pandemic, commuters are on the rise during the subsequent two years....

Transit-oriented development captures vast majority of office absorption in Montreal’s South Shore West https://www.avisonyoung.us/w/friendly-journal-URL Office properties located within a...

Ottawa's Industrial leasing activity on a steady increase for the 3rd quarter Ottawa Industrial leasing activity steady despite economic challenges. Smaller spaces in demand, larger options on the...

Montreal's transit-oriented suburbs lead in office occupancy Over the past 20 years, office occupancy rates have traditionally been lower in the suburbs compared to the urban core. However, this...

Calgary downtown residential conversions reduce vacancy in class B & C office classes https://www.avisonyoung.us/w/friendly-journal-URL The relative success of Calgary’s Downtown Development...

Average term on office leases across Canada is on the rise Average term on office leases across Canada is on the rise https://www.avisonyoung.us/w/friendly-journal-URL Between 2015 and 2019, the...

A rise in Ottawa’s Downtown office availabilities could spark changes to how space is utilized The increase in available office space in Ottawa's Downtown area has the potential to drive changes in...

Nearly 40% of Montreal industrial buildings currently under construction targeting LEED certification Over the past decade, 10% of new industrial space delivered in the Greater Montréal area has...

Ottawa's land sales finding greater degree of value consistency as interest rates stabilize somewhat As interest rates stabilize, Ottawa land sales are finding a greater degree of value...

Southwestern Ontario’s industrial market drawing more companies due to Greater Toronto’s high rents and tight vacancy Rapid rent growth in Greater Toronto’s industrial market is pushing companies...

70% of class A office space in Downtown Montreal now LEED certified https://www.avisonyoung.us/w/friendly-journal-URL The LEED movement has continued to accelerate since the first certification in...

Asset values of industrial strata in Metro Vancouver show resilience despite interest rate hikes Asset values of industrial strata in Metro Vancouver show resilience despite interest rate hikes...