Canada Office Figures Q2 2022
Canada Office Figures Q2 2022 Office market steading, with Vancouver and suburban markets leading the recovery. Office market conditions are steadying following a challenging first quarter. With omicron concerns now largely abated, Vancouver and suburban markets are...
Vancouver Office MarketView Q1 2022
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...
Canada Office Figures Q1 2022
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,...
The Great Resignation’s Impact on Office Users
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...