by Vicky Xing | Jun 7, 2022 | HTFG Insights, Tech Space Quarterly
Market HighlightsVacancy rates for all office product classes throughout Metro Vancouver dropped 10 basis points (bps) quarter-over-quarter to 6.9% in Q1 2022. This is the second consecutive quarterly decline since vacancy peaked at 7.4% in Q3 2021.Following...
by Vicky Xing | Apr 5, 2022 | HTFG Insights, Industry Reports
Canada Office Figures Q1 2022VANCOUVER:Vancouver has seen improved fundamentals over the last two quarters and has developers pushing to keep up with demand as 3.7 million sq. ft. is currently under construction. Although 63.9% of this product has been pre-leased,...
by Vicky Xing | Mar 31, 2022 | HTFG Insights, Industry Reports
The Great Resignation’s Impact on Office UsersMore U.S. workers are leaving their jobs than ever before, and job openings exceed willing workers—a trend dubbed the “Great Resignation” in headlines. What does this mean for office occupiers, and what can they do to...
by Vicky Xing | Mar 2, 2022 | HTFG Insights, Tech Space Quarterly
Market HighlightsVacancy rates for all classes of office product in Metro Vancouver decreased by 40 basis points (bps) to 7.0% in Q4 2021 2021. Even though 543,000 sq. ft. of new office inventory was introduced this quarter, nearly three-quarters were pre-leased prior...
by Vicky Xing | Dec 15, 2021 | HTFG Insights, Tech Space Quarterly
Market Highlights Vacancy rates for all classes of office product in Metro Vancouver increased 50 basis points to 7.4% in Q3 2021. Over 600,000 sq. ft. of new office inventory introduced this quarter contributed to the increase of vacancy in the market. Suburban...
by Vicky Xing | Oct 28, 2021 | HTFG Insights, Industry Reports
2021 Tech-30 Vancouver landed in the #3 spot out of 30 markets in our newly released 2021 Tech-30 report. The report measures the tech industry’s impact on North America’s job and office markets. The tech industry has continuously made a positive impact on our job and...