CBRE Canada
Canadian Property Management
New supply pads office and industrial inventory
More than 5.7 million square feet of office space and nearly 21 million square feet of industrial space have been newly delivered to the national market during the the first three quarters of 2024.
Canadian Property Management
Hotel transaction volume outpacing last year
Colliers Canada projects hotel transaction volume should surpass $2 billion in 2024, based on first half sales and properties currently in the deal pipeline.
Canadian Property Management
Retail squeeze buoys mixed-use development
Mixed-use developments represent one of the few options for new retail space in Canada's largest markets, as demand and rental rates continue to rise.
Canadian Property Management
National office vacancy rate nudges up in Q1
Vancouver and Winnipeg led positive absorption while Toronto and Montreal posted the largest losses, as the national office vacancy rate nudged up to 18.4 per cent during the winter of 2024
Canadian Property Management
Year-end retail rents show little slippage
Retail rents rose or remained steady across most formats during the second half of 2023 with slippage confined to a few street-based, downtown shopping districts in large Canadian cities.
Canadian Property Management
National office vacancy rate continues to climb
Toronto was a major contributor to the rising national office vacancy rate in the fourth quarter of 2023, which ticked up to 18.3 per cent despite positive absorption in Calgary, Edmonton, Vancouver, Ottawa and Halifax.
Canadian Property Management
Lenders set to curtail office exposure in 2024
Lenders generally expect to curtail office exposure while increasing overall allocations to Canadian real estate in 2024, findings from CBRE Canada's annual survey reveal.
Canadian Property Management
Retail rents posting gains in open-air venues
Calgary, Montreal and Halifax particularly enjoyed an upturn in retail rents during the first half of 2023, but declining rates were next to non-existent across Canada's major urban markets.
Canadian Property Management
Rising office vacancy pairs with rent growth
CBRE Canada reports an all-time high national office vacancy rate and another quarter-over-quarter increase in average Class A net rents for Q1 2023.
Canadian Property Management
Office market setback a national trend for Q4
The fourth quarter of 2022 saw the office vacancy rate climb to 17.1 per cent across 10 major Canadian markets, accompanied with 2.1 million square feet of negative absorption.
Canadian Property Management
Lender confidence varies by CRE asset class
Logistics warehouses, multifamily rental buildings, data centres and life sciences labs are tapped as favoured assets in CBRE Canada’s newly released survey of lenders' sentiment.
Canadian Property Management
Paul Morassutti appointed CBRE Canada chairman
A member of CBRE’s executive management committee, Morassutti has most recently served as head of the firm's valuation and advisory services.
Canadian Property Management
Robust yields ongoing for industrial landlords
Market analysts and asset managers express confidence that the industrial sector will be buoyant into the future despite current global economic uncertainty.
Canadian Property Management
More setbacks for downtown Class B office in Q3
The average national vacancy rate for downtown Class B office space hit an all-time high in Q3 2022, while the Class A vacancy rate dipped downward in seven of 10 markets CBRE Canada surveys.
Canadian Property Management
GTHA lab space scarcity portends opportunity
Market analysts see a vibrant niche of real estate investment potential in the Greater Toronto and Hamilton Area, where the vacancy rate for lab space is currently 0.2 per cent.
Canadian Property Management
Food-anchored retail tops CRE investment menu
Food-anchored retail plazas remain a staple on the commercial real estate menu, again emerging as the preferred asset type in Altus Group’s survey of Canadian investment trends in Q2.
Canadian Property Management
Cap rates open up in Q2
Cap rates opened up and investment activity slowed across every Canadian property sector during the second quarter of 2022.
