Research

"In the first quarter, vacancy rates rose, concluding at 8.7%, a 140-basispoint (bps) increase from the previous year, but only a 40 bps increase from last quarter suggesting the market's vacancy rates are beginning to level off."

"Toronto's municipal and provincial administrations are prioritizing infrastructure investments and allocating funds for laboratory facilities as a cornerstone of their life sciences strategy to ignite sectoral expansion."

"High-quality industrial space continues to hit the market, driving deliveries and vacancy higher."

"Vacancy has climbed 300 basis points (bps) since Q1 2023 and now sits at 8.5%, the highest quarterly mark since Q4 2020."

"Market fundamentals rather resilient to start 2024, but growing signs of a pullback materialize"

"Vacancy increased by 60 basis points (bps) in the first quarter to 4.4%,"

"Rental rates trend downward as sublease availability becomes more prominent"

"Les taux de location baissent alors que la disponibilité de sous-location s’accentue"

"Vacancy increased 350 basis points (bps) from one year ago"

"Despite continued positive absorption, deliveries fuel rising vacancy"