Greater Toronto Office Market Report (Q1 2022)
The Greater Toronto Area (GTA) office market’s journey back from the impacts of the pandemic continued in the first quarter of 2022, with a second straight quarter of stable and promising results as occupiers continued to make plans for the future despite another pandemic wave that delayed the return-to-office intentions of many into the second quarter. The prospect of a sustained, large-scale return to office by many prominent organizations starting in April has many stakeholders feeling optimistic about the market’s potential performance through the end of the year.