Toronto remains a top tech talent market, but leasing activity slow
9/10/2024 | Posted in Commercial Real Estate by Jessi Sandhu
CBRE report ranks Toronto as 4th-best North American market, has largest job growth since 2018 ... More
Investors showed "confidence" in Canada's commercial real estate sector in Q2: Morguard
9/5/2024 | Posted in Commercial Real Estate by Jessi Sandhu
Canada’s commercial real estate sector saw positive momentum in the second quarter of the year, according to a new report, which notes further reductions in borrowing costs ... More
Bottom is nigh for most CRE valuations, office still a struggle: Altus
7/16/2024 | Posted in Commercial Real Estate by Jessi Sandhu
The bottom is in sight for commercial real estate valuations, though there’s probably more room for office values to continue their decline. ... More
High Cost of Toronto Commercial Real Estate Stokes Suburban Activity
6/7/2024 | Posted in Commercial Real Estate by Jessi Sandhu
While growing optimism has nudged some long-term developers off the sidelines with regards to land sales, there continues to be an overall impasse between buyers and sellers in ... More
Many challenges facing Canada's development land market
5/30/2024 | Posted in Commercial Real Estate by Jessi Sandhu
2024 transaction pace is for about $10B in sales, one-third of the activity in 2022 ... More
Q1 CRE transactions plunge 55% in Canada's major markets
5/27/2024 | Posted in Commercial Real Estate by Jessi Sandhu
Morguard report shows declines in all major commercial real estate sectors ... More
Toronto's Commercial Real Estate Update
4/16/2024 | Posted in Commercial Real Estate by Jessi Sandhu
An Altus Group study found that, in the final quarter of 2023, the Greater Toronto Area (GTA) witnessed a total dollar volume of $22.8 billion in 2023’s final quarter, ... More
Listings up, sales down in slow GTA high-density land market: Myers
3/11/2024 | Posted in Commercial Real Estate by Jessi Sandhu
The Greater Toronto Area (GTA) condominium market has softened considerably since April 2022, especially during the past six months. ... More
Industrial to remain strong suggests Avison Young
2/8/2024 | Posted in Commercial Real Estate by Jessi Sandhu
Avison Young has released its Q1 Canadian cap rate and investment trends report, forecasting that although lenders will remain conservative in 2024, capital from lenders remains ... More
Why another challenging year could be ahead for Canada's office market
1/24/2024 | Posted in Commercial Real Estate by Jessi Sandhu
Empty office space is spiking as the pandemic fallout continues ... More
Foreign buyers dominate GTA, GGH Top-10 CRE transactions of 2023
1/19/2024 | Posted in Commercial Real Estate by Jessi Sandhu
Overall commercial real estate dollar values drop from pre-pandemic highs, buyer trend shifts ... More
Are we gonna hit $2 million an acre?': Industrial land prices are soaring to new heights in Ontario
6/26/2023 | Posted in Commercial Real Estate by Jessi Sandhu
Investors are currently shelling out an average of $11.89 per square foot or $517,928.40 per acre for industrial land ... More
Q1 Greater Toronto Area high-rise land sales fall over 50%
5/25/2023 | Posted in Commercial Real Estate by Jessi Sandhu
Transactions for high-density land in the Greater Toronto Area are down over 50 per cent from 2022 according to Bullpen Research & Consulting Inc. and Batory ... More
Report: Commercial market "held steady" in the first quarter
6/1/2023 | Posted in Commercial Real Estate by Jessi Sandhu
Commercial activity in multiple asset classes held steady in Q1 2023 even as markets continued to labour under higher borrowing costs and sustained inflationary pressures, ... More
Cap rates still trend up, transaction activity stays slow: CBRE
5/3/2023 | Posted in Commercial Real Estate by Jessi Sandhu
While overall transaction activity remains relatively slow, private buyers continued to be more active than institutional investors in the first quarter, according to ... ... More
Malls face catastrophic hit in Canada with unpaid rent surging
4/27/2020 | Posted in Commercial Real Estate by Jessi Sandhu
Canada’s malls are facing a wave of skipped rents and could see vacancy rates triple by year-end, with the coronavirus poised to leave its scars on a fragile retail sector ... More
Commercial sector to become more valuable post COVID-19
4/22/2020 | Posted in Commercial Real Estate by Jessi Sandhu
Acquisition of expansive properties has fallen to the wayside, but commercial real estate is poised to become an even more desirable choice for investment after the coronavirus ... More
GTA commercial sales up 4% in 2019 as fourth quarter sizzles
2/26/2020 | Posted in Commercial Real Estate by Jessi Sandhu
The last three months of 2019 provided further momentum for the Greater Toronto Area’s commercial real estate market. ... More
Toronto has slipped again in global CRE investment rankings
1/21/2020 | Posted in Commercial Real Estate by Jessi Sandhu
Strength in the US and core markets in Asia are driving growth in commercial real estate transactions according to a new report. ... More
Top-10 CRE transactions in Toronto/GTA during 2019
1/6/2020 | Posted in Commercial Real Estate by Jessi Sandhu
Transactions in the Greater Toronto Area (GTA) once again dominated Canada’s commercial real estate activity in 2019. ... More
Commercial real estate outlook for 2020
12/9/2019 | Posted in Commercial Real Estate by Jessi Sandhu
As a result of the growth of e-commerce, industrial and storage space will increase next year ... More
Toronto commercial taxes far outstrip residential rates
10/18/2019 | Posted in Commercial Real Estate by Jessi Sandhu
Toronto's commercial property tax rate is at “unreasonable” levels, clocking in at almost four times higher than the residential rate, according to a new analysis ... More
Real estate will thrive in cities that adapt to new economic models
9/23/2019 | Posted in Commercial Real Estate by Jessi Sandhu
The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report. ... More
Commercial cap rate compression around the corner
8/27/2019 | Posted in Commercial Real Estate by Jessi Sandhu
Declining bond yields are putting downward pressure on cap rates and creating opportunity for investment in Canada’s commercial sector. ... More
Offices and apartments are bolstering GTA commercial investment
8/12/2019 | Posted in Commercial Real Estate by Jessi Sandhu
Offices and apartments were the major commercial asset investment drivers in the GTA during Q2 2019, according to Altus Group. ... More
Dynamism in GTA industrial's segment fuelled by e-commerce, logistics
7/24/2019 | Posted in Commercial Real Estate by Jessi Sandhu
The Greater Toronto Area’s surging industrial property market is largely impelled by sustained demand for e-commerce and logistics facilities. ... More
Office construction in Canada's major cities accelerates significantly
7/18/2019 | Posted in Commercial Real Estate by Jessi Sandhu
Relative to the sizes of their respective markets, new office building construction in Canada is at a pace nearly twice that in the United States, according to a recent report by ... More
CRE activity in the GTA dropped 15% year-over-year in Q2
7/15/2019 | Posted in Commercial Real Estate by Jessi Sandhu
Commercial real estate in the Greater Toronto Area saw a slower pace of activity in the second quarter of 2019 compared to a year earlier. ... More
Toronto, Vancouver tied for lowest office vacancy rate in NA
7/15/2019 | Posted in Commercial Real Estate by Jessi Sandhu
Demand for offices in Toronto and Vancouver has squeezed the vacancy rates of both, making them the joint tightest markets in North America. ... More
Toronto among fastest-growing flexible workspace markets
7/9/2019 | Posted in Commercial Real Estate by Jessi Sandhu
The shift towards flexible working has been changing the demand of office tenants over recent years and a new report shows the strength of the ... More
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